Universal- Beteiligungs- und Servicegesellschaft mbH
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Universal- Beteiligungs- und Servicegesellschaft mbH reported 1,933 stock positions worth $57.2 billion. Its top holding was Nvidia (NVDA) at 6.7% of the portfolio, followed by Apple (AAPL, 4.9%) and Microsoft (MSFT, 4.4%). Compared with Q4 2025, it opened 105 new positions, sold out of 84, added to 834 and reduced 823. The biggest buy was Walmart (WMT, shares +30%) and the biggest sale Microsoft (MSFT, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFURT AM MAIN, 2M
- CIK
- 0002057170
- Portfolio Value
- $57.2B (Q1 2026)
- SEC Filing
- 0002057170-26-000020 ↗ filed May 11, 2026
Holdings Value
Holdings 1,933 stocks · $57.2B
| NVDA Nvidia Corp. | 6.73% | 21,987,356 | $3.8B | Reduce -1.0% |
| AAPL Apple Inc. | 4.95% | 11,190,562 | $2.8B | Reduce -0.4% |
| MSFT Microsoft Corp. | 4.40% | 6,797,181 | $2.5B | Reduce -3.6% |
| GOOGL Alphabet Inc. Class A | 3.48% | 6,955,796 | $2.0B | Reduce -0.5% |
| AMZN Amazon.com Inc. | 3.44% | 9,461,996 | $2.0B | Reduce -0.0% |
| META Meta Platforms Inc. Class A | 2.12% | 2,126,432 | $1.2B | Add +3.4% |
| AVGO Broadcom Inc. | 2.05% | 3,784,475 | $1.2B | Reduce -3.4% |
| GOOG Alphabet Inc. Class C | 1.98% | 3,989,000 | $1.1B | Reduce -2.3% |
| TSLA Tesla Inc. | 1.19% | 1,847,482 | $681.2M | Add +3.6% |
| V Visa Inc. Class A | 1.13% | 2,129,523 | $643.3M | Reduce -2.2% |
| JPM JPMorgan Chase & Co. | 0.97% | 1,899,884 | $555.2M | Reduce -4.1% |
| LLY Eli Lilly & Co. | 0.95% | 593,169 | $544.5M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.93% | 2,198,866 | $529.7M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.89% | 1,021,403 | $509.2M | Reduce -6.0% |
| NFLX Netflix Inc. | 0.81% | 4,771,103 | $460.1M | Add +3.0% |
| WMT Walmart Inc. | 0.80% | 3,698,323 | $458.2M | Add +30.1% |
| LIN Linde PLC | 0.75% | 868,449 | $430.5M | Add +3.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.75% | 902,843 | $430.2M | Reduce -0.1% |
| MU Micron Technology Inc. | 0.66% | 1,120,433 | $376.9M | Add +11.1% |
| AMD Advanced Micro Devices | 0.63% | 1,784,140 | $361.2M | Add +8.8% |
| CSCO Cisco Systems Inc. | 0.60% | 4,442,667 | $343.2M | Add +9.0% |
| COST Costco Wholesale Corp. | 0.57% | 331,303 | $328.1M | Add +3.4% |
| ABBV Abbvie Inc. | 0.57% | 1,523,584 | $328.0M | Reduce -1.0% |
| XOM Exxon Mobil Corp. | 0.57% | 1,928,030 | $325.8M | Add +7.2% |
| AMAT Applied Materials Inc. | 0.54% | 915,541 | $310.8M | Reduce -4.8% |
| LRCX Lam Research Corp. | 0.53% | 1,429,231 | $305.4M | Reduce -4.7% |
| PG The Procter & Gamble Co. | 0.52% | 2,044,704 | $296.4M | Add +8.8% |
| CRM Salesforce Inc. | 0.49% | 1,511,632 | $282.6M | Add +6.6% |
| MCD McDonald's Corp. | 0.49% | 895,828 | $277.8M | Add +10.8% |
| PEP Pepsico Inc. | 0.47% | 1,716,517 | $266.7M | Add +6.2% |
| KO The Coca-Cola Co. | 0.44% | 3,355,312 | $254.0M | Reduce -0.7% |
| MRK Merck & Co. Inc. | 0.43% | 2,054,074 | $247.1M | Reduce -8.8% |
| MELI MercadoLibre Inc. | 0.43% | 142,882 | $247.0M | Reduce -1.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 4,979,383 | $241.6M | Reduce -6.3% |
| HD Home Depot Inc. | 0.42% | 721,705 | $237.5M | Reduce -1.2% |
| WELL Welltower Inc. | 0.41% | 1,176,500 | $232.3M | Add +0.8% |
| PLTR Palantir Technologies Inc. Class A | 0.41% | 1,595,855 | $232.2M | Add +9.2% |
| EQIX Equinix Inc. | 0.39% | 229,141 | $224.3M | Reduce -5.2% |
| INTU Intuit Inc. | 0.38% | 503,785 | $218.1M | Add +13.2% |
| PLD Prologis Inc. | 0.38% | 1,633,207 | $215.8M | Reduce -3.9% |
| WFC Wells Fargo & Co. | 0.38% | 2,699,453 | $214.5M | Add +1.3% |
| NEE Nextera Energy Inc. | 0.37% | 2,265,422 | $209.8M | Add +3.0% |
| BKNG Booking Holdings Inc. | 0.36% | 49,225 | $207.1M | Reduce -5.0% |
| ADBE Adobe Inc. | 0.36% | 836,443 | $204.4M | Reduce -5.2% |
| QCOM Qualcomm Inc. | 0.36% | 1,580,612 | $203.8M | Add +14.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 2,058,408 | $198.5M | Reduce -2.2% |
| CVX Chevron Corp. | 0.35% | 959,489 | $197.6M | Add +20.4% |
| CAT Caterpillar Inc. | 0.34% | 282,491 | $197.0M | Add +5.7% |
| ORCL Oracle Corp. | 0.33% | 1,307,755 | $191.4M | Reduce -2.5% |
| ADI Analog Devices Inc. | 0.33% | 596,587 | $189.5M | Reduce -0.6% |
| AXP American Express Co. | 0.33% | 620,937 | $186.8M | Reduce -1.8% |
| SPGI S&P Global Inc. | 0.32% | 435,387 | $185.0M | Reduce -7.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 771,059 | $184.8M | Add +2.4% |
| KLAC KLA Corp. | 0.32% | 125,525 | $184.3M | Add +7.3% |
| MS Morgan Stanley | 0.32% | 1,122,601 | $183.4M | Reduce -0.1% |
| GILD Gilead Sciences Inc. | 0.32% | 1,333,114 | $182.9M | Add +1.5% |
| UNH Unitedhealth Group Inc. | 0.32% | 639,995 | $182.8M | Add +0.8% |
| PANW Palo Alto Networks Inc. | 0.32% | 1,136,004 | $182.4M | Add +13.8% |
| APH Amphenol Corp. Class A | 0.32% | 1,439,828 | $181.9M | Add +3.0% |
| DLR Digital Realty Trust Inc. | 0.32% | 1,002,207 | $180.5M | Add +2.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 1,112,452 | $176.5M | Reduce -1.0% |
| NEM Newmont Corp. | 0.31% | 1,625,668 | $175.5M | Add +1.7% |
| VZ Verizon Communications Inc. | 0.30% | 3,483,402 | $173.8M | Add +0.1% |
| UBER Uber Technologies Inc. | 0.30% | 2,383,962 | $171.5M | Reduce -9.4% |
| LOW Lowe's Cos Inc. | 0.30% | 725,342 | $171.3M | Add +2.4% |
| AMGN Amgen Inc. | 0.30% | 486,294 | $170.2M | Add +4.5% |
| GE General Electric filed as GE AEROSPACE | 0.29% | 602,721 | $168.5M | Reduce -5.2% |
| TXN Texas Instruments Inc. | 0.28% | 837,567 | $162.4M | Add +1.8% |
| TMO Thermo Fisher Scientific Inc. | 0.28% | 319,489 | $157.4M | Reduce -7.2% |
| ISRG Intuitive Surgical Inc. | 0.27% | 332,931 | $153.3M | Reduce -5.2% |
| GS Goldman Sachs Group Inc. | 0.27% | 182,938 | $152.6M | Reduce -12.2% |
| TT Trane Technologies PLC | 0.27% | 364,939 | $151.9M | Reduce -3.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.26% | 338,347 | $151.0M | Add +1.0% |
| DE Deere & Co. | 0.26% | 267,550 | $150.1M | Reduce -13.7% |
| INTC Intel Corp. | 0.26% | 3,408,361 | $149.9M | Add +3.5% |
| T AT&T Inc. | 0.26% | 5,164,794 | $149.3M | Reduce -1.4% |
| SPOT Spotify Technology SA | 0.26% | 302,984 | $146.9M | Reduce -6.9% |
| ABT Abbott Laboratories | 0.25% | 1,413,906 | $145.4M | Add +5.5% |
| ETN Eaton Corp. PLC | 0.25% | 394,816 | $141.1M | Reduce -0.1% |
| SYK Stryker Corp. | 0.25% | 428,365 | $140.8M | Reduce -4.5% |
| MDT Medtronic PLC | 0.25% | 1,617,050 | $140.1M | Reduce -0.7% |
| NOW ServiceNow Inc. | 0.24% | 1,325,980 | $139.4M | Reduce -11.7% |
| DHR Danaher Corp. | 0.24% | 725,231 | $138.1M | Reduce -12.7% |
| GEV GE Vernova Inc. | 0.24% | 158,035 | $137.9M | Reduce -8.8% |
| TMUS T-Mobile US Inc. | 0.22% | 617,232 | $128.4M | Add +1.9% |
| WDC Western Digital Corp. | 0.22% | 473,874 | $127.7M | Add +23.4% |
| MNST Monster Beverage Corp. | 0.22% | 1,752,912 | $127.0M | Reduce -10.9% |
| CMCSA Comcast Corp. Class A | 0.22% | 4,364,823 | $125.8M | Add +7.9% |
| C Citigroup Inc. | 0.22% | 1,098,177 | $123.9M | Reduce -14.1% |
| PM Philip Morris International | 0.21% | 743,842 | $121.3M | Reduce -2.0% |
| ANET Arista Networks Inc. | 0.21% | 973,747 | $119.6M | Reduce -7.2% |
| PGR Progressive Corp. | 0.21% | 602,162 | $119.4M | Add +1.1% |
| SCHW Schwab (charles) Corp. | 0.21% | 1,265,779 | $118.5M | Add +1.6% |
| PFE Pfizer Inc. | 0.20% | 4,127,247 | $116.0M | Add +2.0% |
| HON Honeywell International Inc. | 0.20% | 510,795 | $115.3M | Add +17.9% |
| EW Edwards Lifesciences Corp. | 0.20% | 1,433,495 | $114.8M | Reduce -8.7% |
| ACN Accenture PLC Class A | 0.20% | 572,422 | $114.6M | Reduce -11.9% |
| ADSK Autodesk Inc. | 0.20% | 478,006 | $114.5M | Reduce -6.9% |
| UNP Union Pacific Corp. | 0.20% | 469,752 | $113.8M | Reduce -2.1% |
| CB Chubb Ltd. | 0.20% | 346,451 | $112.7M | Add +1.9% |
Options reported separately and not counted above: NEM calls ($1.1M), AMZN calls ($456K), ZM calls ($372K), PLTR calls ($258K), ADBE calls ($201K), SNAP INC calls ($56K), OPEN puts ($52K).
Other holdings (129): bonds, preferreds, convertibles and warrants · $965.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 95,440,000 | $84.1M | Reduce -7.8% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 62,410,000 | $71.4M | Reduce -22.9% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 55,912,000 | $67.7M | Add +9.8% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 59,061,000 | $67.6M | Add +2.0% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 9,167,000 | $65.9M | Add +380.2% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 45,604,000 | $57.2M | Reduce -6.2% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 32,751,000 | $45.6M | Reduce -24.1% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 38,004,000 | $42.7M | Reduce -19.0% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 29,280,000 | $34.4M | Reduce -14.2% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 19,077,000 | $20.5M | Add +7.0% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | 20,374,000 | $20.2M | Reduce -3.6% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 19,744,000 | $19.9M | Reduce -65.6% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 19,950,000 | $18.8M | Add +2560.0% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 12,409,000 | $16.9M | Reduce -2.6% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 12,804,000 | $15.6M | Add +24.5% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 14,863,000 | $14.6M | Add +217.4% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 12,800,000 | $14.4M | Reduce -83.6% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 12,000,000 | $12.0M | Reduce -18.6% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 12,250,000 | $11.4M | Reduce -26.3% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 8,215,000 | $10.6M | Add +80.8% |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | 8,040,000 | $10.0M | Add +51.4% |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 5,312,000 | $8.8M | Reduce -31.3% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 6,500,000 | $7.2M | Add +333.3% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 4,724,000 | $7.1M | Reduce -63.4% |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 6,100,000 | $7.1M | No change |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 4,674,000 | $7.1M | Reduce -9.2% |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 7,708,000 | $7.0M | Reduce -36.8% |
| FLUENCE ENERGY INC (FLNC 2.25 06/15/30) | NOTE 2.250% 6/1 · principal | 6,870,000 | $7.0M | New |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 5,500,000 | $6.7M | Reduce -42.1% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 7,179,000 | $6.6M | Reduce -5.3% |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 140,940 | $6.5M | New |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 5,158,000 | $6.5M | Add +41.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 5,192 | $6.2M | Add +44.5% |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 7,800,000 | $6.1M | No change |
| SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) | NOTE 2.250% 7/0 · principal | 3,500,000 | $6.0M | Add +9.4% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 2,320,000 | $5.6M | Reduce -42.0% |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 5,514,000 | $5.4M | Add +56.9% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 5,056,000 | $5.0M | Reduce -59.1% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 3,151,000 | $4.8M | Add +46.5% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 3,950,000 | $4.6M | No change |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 3,300,000 | $4.3M | Add +10.0% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 4,067,000 | $4.3M | Reduce -24.2% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 3,300,000 | $4.0M | Reduce -32.8% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 1,074,506 | $3.9M | Add +2.6% |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 1,600,000 | $3.4M | No change |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 3,109,000 | $3.4M | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 2,583,000 | $3.3M | No change |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 3,618,000 | $3.1M | No change |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | 4,100,000 | $3.0M | Add +32.3% |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 3,112,000 | $2.9M | Reduce -51.8% |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 2,800,000 | $2.8M | No change |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 2,900,000 | $2.8M | Add +81.3% |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | 2,700,000 | $2.8M | New |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 2,600,000 | $2.6M | Reduce -74.5% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 2,600,000 | $2.6M | Reduce -59.4% |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 2,500,000 | $2.5M | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 1,700,000 | $2.5M | No change |
| BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31) | NOTE 1.750% 3/0 · principal | 1,440,000 | $2.4M | New |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 2,650,000 | $2.4M | Add +960.0% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 2,450,000 | $2.4M | No change |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 1,838,000 | $2.1M | Add +310.3% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 390,000 | $2.1M | Reduce -78.3% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 2,043,000 | $2.1M | Add +10.8% |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 1,800,000 | $2.1M | Add +85.6% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 1,700,000 | $2.0M | Reduce -54.0% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 1,700,000 | $2.0M | Add +41.7% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 2,090,000 | $2.0M | New |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 1,980,000 | $1.9M | No change |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 1,795,000 | $1.8M | Add +259.0% |
| UPSTART HOLDINGS INC (UPST 2 10/01/29) | NOTE 2.000%10/0 · principal | 1,790,000 | $1.8M | Add +37.7% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 425,000 | $1.7M | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 1,700,000 | $1.5M | No change |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 1,522,000 | $1.5M | New |
| BRAEMAR HOTELS & RESORTS (BHR 4.5 06/01/26) | NOTE 4.500% 6/0 · principal | 1,450,000 | $1.5M | Add +39.4% |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 1,194,000 | $1.4M | Reduce -20.7% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 721,000 | $1.3M | Reduce -76.2% |
| OKTA INC (OKTA 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 1,250,000 | $1.2M | No change |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 1,200,000 | $1.2M | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 1,200,000 | $1.1M | No change |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 1,200,000 | $1.1M | No change |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 1,100,000 | $1.1M | No change |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 100,000 | $1.0M | No change |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | 1,000,000 | $990K | No change |
| UPWORK INC (UPWK 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 1,000,000 | $983K | No change |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 1,075,000 | $982K | New |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 1,000,000 | $980K | No change |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 800,000 | $967K | No change |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 1,000,000 | $963K | No change |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 1,000,000 | $962K | No change |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 1,000,000 | $940K | No change |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 15,583 | $872K | No change |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 500,000 | $867K | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 786,000 | $828K | Reduce -73.2% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 870,000 | $818K | Add +74.0% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 800,000 | $795K | No change |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 750,000 | $781K | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 667,000 | $748K | No change |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 750,000 | $740K | No change |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 700,000 | $698K | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 600,000 | $677K | No change |
| APPLIED DIGITAL CORP (APLD 2.75 06/01/30) | NOTE 2.750% 6/0 · principal | 250,000 | $666K | No change |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 600,000 | $585K | No change |
| UNITI GROUP INC (UNIT 7.5 12/01/27) | NOTE 7.500%12/0 · principal | 478,000 | $567K | Add +33.5% |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 · principal | 1,025,000 | $532K | No change |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 435,000 | $531K | Add +12.4% |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 500,000 | $506K | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 500,000 | $492K | No change |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 500,000 | $490K | No change |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 500,000 | $489K | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 500,000 | $486K | No change |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 500,000 | $477K | No change |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 500,000 | $470K | Reduce -70.3% |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 500,000 | $469K | New |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 500,000 | $466K | New |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 500,000 | $451K | No change |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 500,000 | $437K | Reduce -79.6% |
| JOBY AVIATION INC (JOBY 0.75 02/15/32) | NOTE 0.750% 2/1 · principal | 500,000 | $427K | New |
| ALKAMI TECHNOLOGY INC (ALKTEC 1.5 03/15/30) | NOTE 1.500% 3/1 · principal | 400,000 | $361K | New |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | 328,000 | $334K | No change |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 300,000 | $274K | No change |
| SYNAPTICS INC (SYNA 0.75 12/01/31) | NOTE 0.750%12/0 · principal | 250,000 | $258K | New |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 200,000 | $222K | No change |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 200,000 | $198K | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 150,000 | $173K | No change |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 100,000 | $117K | Reduce -66.7% |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 100,000 | $92K | No change |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 11,440 | $7K | Reduce -0.0% |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 11,440 | $3K | Reduce -0.0% |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 11,440 | $3K | Reduce -0.0% |
Total filed on the 13F, all lines: $58.1B.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -3.6% | 4.40% | −1.24 |
| AVGO Broadcom Inc. | Reduce -3.4% | 2.05% | −0.20 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 3.44% | −0.17 |
| ADBE Adobe Inc. | Reduce -5.2% | 0.36% | −0.16 |
| NVDA Nvidia Corp. | Reduce -1.0% | 6.73% | −0.14 |
| NOW ServiceNow Inc. | Reduce -11.7% | 0.24% | −0.14 |
| V Visa Inc. Class A | Reduce -2.2% | 1.13% | −0.14 |
| APP AppLovin Corp. Class A | Reduce -6.3% | 0.19% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -6.0% | 0.89% | −0.13 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 3.48% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -2.3% | 1.98% | −0.12 |
| LLY Eli Lilly & Co. | Reduce -1.0% | 0.95% | −0.11 |
| BKNG Booking Holdings Inc. | Reduce -5.0% | 0.36% | −0.10 |
| ORCL Oracle Corp. | Reduce -2.5% | 0.33% | −0.10 |
| ACN Accenture PLC Class A | Reduce -11.9% | 0.20% | −0.09 |
| BLK BlackRock Inc. | Reduce -26.5% | 0.19% | −0.08 |
| SPGI S&P Global Inc. | Reduce -7.7% | 0.32% | −0.08 |
| AAPL Apple Inc. | Reduce -0.4% | 4.95% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -4.1% | 0.97% | −0.08 |
| DHR Danaher Corp. | Reduce -12.7% | 0.24% | −0.07 |
| ISRG Intuitive Surgical Inc. | Reduce -5.2% | 0.27% | −0.06 |
| AXP American Express Co. | Reduce -1.8% | 0.33% | −0.06 |
| BAC Bank of America Corp. | Reduce -6.3% | 0.42% | −0.06 |
| PYPL PayPal Holdings Inc. | Reduce -25.6% | 0.09% | −0.06 |
| UBER Uber Technologies Inc. | Reduce -9.4% | 0.30% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Reduce -7.2% | 0.28% | −0.06 |
| SPOT Spotify Technology SA | Reduce -6.9% | 0.26% | −0.06 |
| ADSK Autodesk Inc. | Reduce -6.9% | 0.20% | −0.05 |
| MELI MercadoLibre Inc. | Reduce -1.6% | 0.43% | −0.05 |
| DASH DoorDash Inc. Class A | Reduce -8.7% | 0.09% | −0.05 |
| DIS The Walt Disney Co. | Reduce -2.2% | 0.35% | −0.05 |
| BX Blackstone Inc. | Reduce -14.2% | 0.10% | −0.05 |
| SNPS Synopsys Inc. | Reduce -14.3% | 0.14% | −0.04 |
| ROP Roper Technologies Inc. | Reduce -23.1% | 0.08% | −0.04 |
| ADP Automatic Data Processing | Reduce -3.0% | 0.18% | −0.04 |
| WDAY Workday Inc. Class A | Reduce -14.9% | 0.05% | −0.04 |
| ZS Zscaler Inc. | Reduce -37.5% | 0.03% | −0.04 |
| ULTA Ulta Beauty Inc. | Reduce -8.7% | 0.18% | −0.04 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -27.6% | 0.03% | −0.03 |
| QGEN Qiagen N.V. | Reduce -15.1% | 0.10% | −0.03 |
| MET Metlife Inc. | Reduce -31.3% | 0.06% | −0.03 |
| FSLR First Solar Inc. | Reduce -13.2% | 0.07% | −0.03 |
| GS Goldman Sachs Group Inc. | Reduce -12.2% | 0.27% | −0.03 |
| INVH Invitation Homes Inc. | Reduce -35.1% | 0.05% | −0.03 |
| ROL Rollins Inc. | Reduce -55.5% | 0.02% | −0.03 |
| HOOD Robinhood Markets Inc. Class A | Reduce -17.4% | 0.03% | −0.03 |
| C Citigroup Inc. | Reduce -14.1% | 0.22% | −0.03 |
| NKE Nike Inc. Class B | Reduce -10.7% | 0.11% | −0.03 |
| XYL Xylem Inc. | Reduce -15.6% | 0.10% | −0.03 |
| MNST Monster Beverage Corp. | Reduce -10.9% | 0.22% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| WMT Walmart Inc. | Add +30.1% | 0.80% | +0.28 |
| XOM Exxon Mobil Corp. | Add +7.2% | 0.57% | +0.21 |
| MU Micron Technology Inc. | Add +11.1% | 0.66% | +0.18 |
| JNJ Johnson & Johnson | Add +0.1% | 0.93% | +0.18 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.17% | +0.17 |
| LIN Linde PLC | Add +3.1% | 0.75% | +0.16 |
| CVX Chevron Corp. | Add +20.4% | 0.35% | +0.14 |
| COST Costco Wholesale Corp. | Add +3.4% | 0.57% | +0.12 |
| WDC Western Digital Corp. | Add +23.4% | 0.22% | +0.11 |
| CAT Caterpillar Inc. | Add +5.7% | 0.34% | +0.09 |
| COP Conocophillips | Add +35.4% | 0.18% | +0.09 |
| KLAC KLA Corp. | Add +7.3% | 0.32% | +0.09 |
| NFLX Netflix Inc. | Add +3.0% | 0.81% | +0.09 |
| CSCO Cisco Systems Inc. | Add +9.0% | 0.60% | +0.08 |
| PEP Pepsico Inc. | Add +6.2% | 0.47% | +0.08 |
| MCD McDonald's Corp. | Add +10.8% | 0.49% | +0.08 |
| NEE Nextera Energy Inc. | Add +3.0% | 0.37% | +0.08 |
| PG The Procter & Gamble Co. | Add +8.8% | 0.52% | +0.07 |
| VZ Verizon Communications Inc. | Add +0.1% | 0.30% | +0.07 |
| DLR Digital Realty Trust Inc. | Add +2.4% | 0.32% | +0.06 |
| HON Honeywell International Inc. | Add +17.9% | 0.20% | +0.06 |
| INTC Intel Corp. | Add +3.5% | 0.26% | +0.06 |
| VRT Vertiv Holdings Co. Class A | Add +3.6% | 0.14% | +0.06 |
| GILD Gilead Sciences Inc. | Add +1.5% | 0.32% | +0.06 |
| AMD Advanced Micro Devices | Add +8.8% | 0.63% | +0.05 |
| SLB SLB Ltd. | Add +13.4% | 0.14% | +0.05 |
| TXN Texas Instruments Inc. | Add +1.8% | 0.28% | +0.05 |
| AZO AutoZone Inc. | Add +42.8% | 0.14% | +0.05 |
| AMGN Amgen Inc. | Add +4.5% | 0.30% | +0.05 |
| WELL Welltower Inc. | Add +0.8% | 0.41% | +0.05 |
| GLW Corning Inc. | Add +16.9% | 0.09% | +0.04 |
| NEM Newmont Corp. | Add +1.7% | 0.31% | +0.04 |
| SNDK Sandisk Corp. | Add +41.1% | 0.05% | +0.04 |
| CF CF Industries Holdings Inc. | Add +3.6% | 0.09% | +0.04 |
| HPQ HP Inc. | Add +68.9% | 0.11% | +0.04 |
| PFE Pfizer Inc. | Add +2.0% | 0.20% | +0.04 |
| VTR Ventas Inc. | Add +19.4% | 0.15% | +0.04 |
| WMB Williams Cos Inc. | Add +19.9% | 0.10% | +0.04 |
| MTDR Matador Resources Co. | Add +98.3% | 0.05% | +0.03 |
| FAST Fastenal Co. | Add +28.7% | 0.10% | +0.03 |
| MRVL Marvell Technology Inc. | Add +0.1% | 0.18% | +0.03 |
| CIEN Ciena Corp. | Add +26.8% | 0.06% | +0.03 |
| AEP American Electric Power | Add +28.8% | 0.09% | +0.03 |
| LNG Cheniere Energy Inc. | Add +1.1% | 0.09% | +0.03 |
| CBOE Cboe Global Markets Inc. | Add +48.0% | 0.07% | +0.03 |
| RTX RTX Corp. | Add +8.0% | 0.17% | +0.03 |
| NTST Netstreit Corp. | Add +1252.1% | 0.03% | +0.03 |
| MPWR Monolithic Power Systems Inc. | Add +14.7% | 0.09% | +0.03 |
| KR Kroger Co. | Add +6.4% | 0.12% | +0.03 |
| CHRD Chord Energy Corp. | Add +934.5% | 0.03% | +0.03 |
Options Activity Q4 2025 → Q1 2026
| NEM Newmont Corp. | call | New | 170,000 | $1.1M |
| ORACLE CORP | call | Sold out | 200,000 | $800Kbefore exit |
| ALPHABET INC | call | Sold out | 38,500 | $516Kbefore exit |
| AMZN Amazon.com Inc. | call | New | 31,300 | $456K |
| ROBINHOOD MKTS INC | put | Sold out | 500,000 | $420Kbefore exit |
| ZM Zoom Communications Inc. | call | New | 40,000 | $372K |
| ENPHASE ENERGY INC | call | Sold out | 369,900 | $368Kbefore exit |
| STRATEGY INC | put | Sold out | 100,000 | $335Kbefore exit |
| PLTR Palantir Technologies Inc. Class A | call | New | 60,000 | $258K |
| NEWMONT CORP | call | Sold out | 20,000 | $258Kbefore exit |
| TESLA INC | put | Sold out | 10,000 | $246Kbefore exit |
| NVIDIA CORPORATION | call | Sold out | 7,500 | $207Kbefore exit |
| PINTEREST INC | call | Sold out | 600,000 | $204Kbefore exit |
| ADBE Adobe Inc. | call | New | 50,000 | $201K |
| SNAP INC | call | Add +100.1% | 1,600,800 | $56K |
| OPEN Opendoor Technologies Inc. | put | New | 3,495,900 | $52K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Reduce -7.8% | 95,440,000 | $84.1M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -22.9% | 62,410,000 | $71.4M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +9.8% | 55,912,000 | $67.7M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Add +2.0% | 59,061,000 | $67.6M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +380.2% | 9,167,000 | $65.9M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Reduce -6.2% | 45,604,000 | $57.2M |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Reduce -24.1% | 32,751,000 | $45.6M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Reduce -19.0% | 38,004,000 | $42.7M |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Reduce -14.2% | 29,280,000 | $34.4M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Sold out | 31,585,000 | $33.3Mbefore exit |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 22,299,000 | $22.6Mbefore exit |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +7.0% | 19,077,000 | $20.5M |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | Reduce -3.6% | 20,374,000 | $20.2M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Reduce -65.6% | 19,744,000 | $19.9M |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | Add +2560.0% | 19,950,000 | $18.8M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Reduce -2.6% | 12,409,000 | $16.9M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | Add +24.5% | 12,804,000 | $15.6M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Add +217.4% | 14,863,000 | $14.6M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -83.6% | 12,800,000 | $14.4M |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | Reduce -18.6% | 12,000,000 | $12.0M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Reduce -26.3% | 12,250,000 | $11.4M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +80.8% | 8,215,000 | $10.6M |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | Add +51.4% | 8,040,000 | $10.0M |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Reduce -31.3% | 5,312,000 | $8.8M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Add +333.3% | 6,500,000 | $7.2M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Reduce -63.4% | 4,724,000 | $7.1M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Reduce -9.2% | 4,674,000 | $7.1M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | Reduce -36.8% | 7,708,000 | $7.0M |
| FLUENCE ENERGY INC (FLNC 2.25 06/15/30) | NOTE 2.250% 6/1 · principal | New | 6,870,000 | $7.0M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | Reduce -42.1% | 5,500,000 | $6.7M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Reduce -5.3% | 7,179,000 | $6.6M |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | New | 140,940 | $6.5M |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | Add +41.1% | 5,158,000 | $6.5M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +44.5% | 5,192 | $6.2M |
| SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) | NOTE 2.250% 7/0 · principal | Add +9.4% | 3,500,000 | $6.0M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Reduce -42.0% | 2,320,000 | $5.6M |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | Add +56.9% | 5,514,000 | $5.4M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Reduce -59.1% | 5,056,000 | $5.0M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +46.5% | 3,151,000 | $4.8M |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Add +10.0% | 3,300,000 | $4.3M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Reduce -24.2% | 4,067,000 | $4.3M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Reduce -32.8% | 3,300,000 | $4.0M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Add +2.6% | 1,074,506 | $3.9M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 3,750,000 | $3.7Mbefore exit |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | Add +32.3% | 4,100,000 | $3.0M |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | Reduce -51.8% | 3,112,000 | $2.9M |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | Add +81.3% | 2,900,000 | $2.8M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 1,100,000 | $2.8Mbefore exit |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | New | 2,700,000 | $2.8M |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | Reduce -74.5% | 2,600,000 | $2.6M |
Showing the first 50 of 93.
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 | 1,976 | $64.2B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 1,933 | $57.2B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q4 2025 | 1,911 | $60.5B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 1,895 | $58.9B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q2 2025 | 1,815 | $55.2B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 1,820 | $48.7B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q4 2024 | 977 | $49.7B | MSFT, NVDA, AAPL, AMZN, GOOGL |