Victory Capital Management Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Victory Capital Management Inc. reported 2,441 stock positions worth $176.8 billion. Its top holding was Nvidia (NVDA) at 3.9% of the portfolio, followed by Apple (AAPL, 3.1%) and Microsoft (MSFT, 2.4%). Compared with Q1 2026, it opened 164 new positions, sold out of 98, added to 1,276 and reduced 956. The biggest buy was Micron Technology (MU, shares +3%) and the biggest sale Truist Financial (TFC, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- San Antonio, TX
- CIK
- 0001040188
- Portfolio Value
- $176.8B (Q2 2026)
- SEC Filing
- 0001040188-26-000040 ↗ filed Aug 7, 2026
Holdings Value
Holdings 2,441 stocks · $176.8B
| NVDA Nvidia Corp. | 3.95% | 34,853,857 | $7.0B | Add +6.3% |
| AAPL Apple Inc. | 3.07% | 18,748,292 | $5.4B | Add +0.2% |
| MSFT Microsoft Corp. | 2.37% | 11,231,028 | $4.2B | Add +4.8% |
| GOOGL Alphabet Inc. Class A | 2.13% | 10,538,377 | $3.8B | Add +6.4% |
| AMZN Amazon.com Inc. | 2.12% | 15,743,243 | $3.8B | Reduce -7.2% |
| LLY Eli Lilly & Co. | 1.45% | 2,141,447 | $2.6B | Add +14.7% |
| AMD Advanced Micro Devices | 1.42% | 4,325,880 | $2.5B | Reduce -15.1% |
| GOOG Alphabet Inc. Class C | 1.24% | 6,181,965 | $2.2B | Add +6.9% |
| AVGO Broadcom Inc. | 1.19% | 5,555,094 | $2.1B | Add +7.9% |
| BAC Bank of America Corp. | 1.01% | 31,441,932 | $1.8B | Add +23.8% |
| META Meta Platforms Inc. Class A | 0.92% | 2,877,996 | $1.6B | Add +11.3% |
| UPS United Parcel Service Class B | 0.87% | 14,251,075 | $1.5B | Add +29.1% |
| CSCO Cisco Systems Inc. | 0.85% | 12,802,148 | $1.5B | Reduce -16.1% |
| V Visa Inc. Class A | 0.83% | 4,253,298 | $1.5B | Reduce -13.3% |
| NRG NRG Energy Inc. | 0.79% | 9,524,776 | $1.4B | Add +32.9% |
| LH Labcorp Holdings Inc. | 0.77% | 4,837,573 | $1.4B | Add +4.5% |
| TSLA Tesla Inc. | 0.76% | 3,199,616 | $1.3B | Add +56.2% |
| SNPS Synopsys Inc. | 0.72% | 2,860,290 | $1.3B | Add +12.6% |
| MU Micron Technology Inc. | 0.71% | 1,090,355 | $1.3B | Add +3.4% |
| KLAC KLA Corp. | 0.66% | 3,872,736 | $1.2B | Add +1.8% |
| AMAT Applied Materials Inc. | 0.64% | 1,569,763 | $1.1B | Reduce -1.0% |
| APH Amphenol Corp. Class A | 0.62% | 6,221,795 | $1.1B | Reduce -3.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.61% | 2,173,152 | $1.1B | Add +15.1% |
| RRX Regal Rexnord Corp. | 0.60% | 4,484,153 | $1.1B | Add +7.3% |
| MLM Martin Marietta Materials | 0.58% | 1,783,432 | $1.0B | Add +8.9% |
| FCX Freeport-McMoran Inc. | 0.58% | 16,319,528 | $1.0B | Add +46.0% |
| UBER Uber Technologies Inc. | 0.55% | 13,418,234 | $968.3M | Add +6.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.54% | 476,010 | $947.1M | Reduce -12.9% |
| MCHP Microchip Technology Inc. | 0.51% | 9,806,001 | $894.3M | Reduce -16.3% |
| GEV GE Vernova Inc. | 0.47% | 709,173 | $833.2M | Add +28.9% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.47% | 9,479,369 | $826.8M | Reduce -15.8% |
| CEG Constellation Energy | 0.45% | 3,233,698 | $803.2M | Add +38.6% |
| JPM JPMorgan Chase & Co. | 0.45% | 2,448,359 | $801.4M | Add +1.4% |
| TFC Truist Financial Corp. | 0.44% | 15,702,067 | $782.3M | Reduce -41.7% |
| STT State Street Corp. | 0.43% | 4,502,183 | $763.6M | Add +128.5% |
| BKNG Booking Holdings Inc. | 0.43% | 4,220,949 | $752.4M | Add +6.7% |
| ADBE Adobe Inc. | 0.40% | 3,490,203 | $715.6M | Add +35.0% |
| NOW ServiceNow Inc. | 0.40% | 7,163,661 | $711.2M | Reduce -6.1% |
| SNDK Sandisk Corp. | 0.40% | 310,668 | $706.4M | Reduce -22.9% |
| NFLX Netflix Inc. | 0.40% | 9,838,548 | $702.5M | Add +5.9% |
| DVN Devon Energy Corp. | 0.40% | 16,992,378 | $702.1M | Add +86.1% |
| UITB Victoryshares Core Intermedi | 0.39% | 14,850,508 | $695.6M | No change |
| JNJ Johnson & Johnson | 0.38% | 2,620,929 | $665.6M | Reduce -23.6% |
| XOM Exxon Mobil Corp. | 0.38% | 4,864,844 | $665.1M | Add +38.8% |
| GS Goldman Sachs Group Inc. | 0.38% | 655,492 | $663.0M | Add +6.3% |
| QCOM Qualcomm Inc. | 0.37% | 3,576,365 | $660.9M | Add +37.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.36% | 4,252,665 | $644.3M | Add +1.0% |
| ACN Accenture PLC Class A | 0.36% | 5,126,038 | $637.9M | Add +24.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 2,212,859 | $622.3M | Reduce -26.7% |
| ES Eversource Energy | 0.35% | 8,553,991 | $618.2M | Add +16.9% |
| LRCX Lam Research Corp. | 0.35% | 1,412,598 | $612.1M | Reduce -7.0% |
| MA Mastercard Inc. Class A | 0.34% | 1,177,116 | $604.6M | Reduce -4.8% |
| CRM Salesforce Inc. | 0.34% | 3,793,799 | $594.3M | Add +54.0% |
| BMY Bristol-Myers Squibb Co. | 0.33% | 10,168,924 | $585.9M | Add +11.1% |
| ETN Eaton Corp. PLC | 0.32% | 1,334,139 | $568.5M | Add +11.9% |
| USFD US Foods Holding Corp. | 0.31% | 5,443,787 | $556.6M | Reduce -10.4% |
| TMUS T-Mobile US Inc. | 0.31% | 3,317,538 | $556.5M | Add +91.5% |
| LOW Lowe's Cos Inc. | 0.31% | 2,503,145 | $551.9M | Add +7.4% |
| NEM Newmont Corp. | 0.30% | 5,747,167 | $536.8M | Add +19.0% |
| ROST Ross Stores Inc. | 0.30% | 2,520,493 | $536.5M | Reduce -0.2% |
| MRK Merck & Co. Inc. | 0.30% | 4,143,885 | $532.5M | Add +9.3% |
| RF Regions Financial Corp. | 0.30% | 17,357,535 | $524.2M | Add +13.7% |
| ISRG Intuitive Surgical Inc. | 0.29% | 1,300,881 | $517.4M | Add +0.1% |
| PWR Quanta Services Inc. | 0.29% | 715,821 | $515.4M | Reduce -44.8% |
| CAT Caterpillar Inc. | 0.29% | 481,112 | $512.3M | Reduce -5.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.29% | 1,065,259 | $508.7M | Add +5.2% |
| CMS CMS Energy Corp. | 0.29% | 6,595,840 | $504.6M | Reduce -3.6% |
| MTZ Mastec Inc. | 0.28% | 1,210,079 | $503.5M | Reduce -24.0% |
| UBND Victoryshares Core Plus Bond | 0.28% | 22,967,672 | $499.0M | No change |
| EXE Expand Energy Corp. | 0.28% | 5,396,426 | $492.1M | Add +13.3% |
| LNT Alliant Energy Corp. | 0.28% | 6,442,409 | $491.5M | Reduce -11.0% |
| KEYS Keysight Technologies Inc. | 0.28% | 1,399,463 | $489.9M | Reduce -5.5% |
| ADI Analog Devices Inc. | 0.28% | 1,230,737 | $488.8M | Add +23.1% |
| EME Emcor Group Inc. | 0.28% | 587,535 | $487.6M | Reduce -21.8% |
| HBAN Huntington Bancshares Inc. | 0.28% | 27,430,517 | $486.3M | Add +107.8% |
| WMB Williams Cos Inc. | 0.27% | 6,488,650 | $482.4M | Add +41.7% |
| CAH Cardinal Health Inc. | 0.27% | 1,977,579 | $469.8M | Add +42.6% |
| INTC Intel Corp. | 0.27% | 3,357,740 | $468.8M | Add +0.2% |
| USB US Bancorp | 0.26% | 7,640,353 | $461.5M | Add +4.7% |
| ROK Rockwell Automation Inc. | 0.26% | 931,970 | $461.4M | Add +23.1% |
| TXN Texas Instruments Inc. | 0.26% | 1,539,539 | $458.9M | Reduce -4.0% |
| MSI Motorola Solutions Inc. | 0.26% | 1,097,734 | $455.9M | Add +24.5% |
| PINS Pinterest Inc. Class A | 0.26% | 21,678,049 | $455.9M | Reduce -5.2% |
| MOH Molina Healthcare Inc. | 0.26% | 1,980,615 | $453.0M | Reduce -4.3% |
| BA The Boeing Co. | 0.25% | 2,054,226 | $444.7M | Add +81.1% |
| CRH CRH PLC | 0.25% | 4,117,862 | $440.6M | Reduce -3.1% |
| PKG Packaging Corp. of America | 0.25% | 1,831,180 | $436.3M | Reduce -9.5% |
| WMT Walmart Inc. | 0.25% | 3,839,127 | $434.8M | Reduce -6.9% |
| EXPE Expedia Group Inc. | 0.25% | 1,698,444 | $434.6M | Reduce -11.3% |
| CSX CSX Corp. | 0.24% | 9,066,745 | $430.9M | Reduce -20.4% |
| SHOP Shopify Inc. Class A | 0.24% | 3,722,361 | $425.0M | Add +46.2% |
| RPM RPM International Inc. | 0.24% | 3,823,468 | $425.0M | Reduce -1.7% |
| CARR Carrier Global Corp. | 0.24% | 5,716,732 | $419.3M | Reduce -3.8% |
| ORLY O'reilly Automotive Inc. | 0.23% | 4,454,128 | $410.2M | Reduce -3.8% |
| HUBB Hubbell Inc. | 0.23% | 779,296 | $407.7M | Add +9.8% |
| RVTY Revvity Inc. | 0.23% | 3,645,905 | $405.6M | Add +8.1% |
| GFLW VS Free Cash Flow Growth ETF filed as VICTORY PORTFOLIOS II | 0.23% | 11,660,479 | $399.8M | Add +0.6% |
| ABBV Abbvie Inc. | 0.23% | 1,581,740 | $398.0M | Add +3.8% |
| CPT Camden Property Trust | 0.22% | 3,471,862 | $397.5M | Add +17.8% |
| LNG Cheniere Energy Inc. | 0.22% | 1,649,269 | $394.2M | Add +43.8% |
Other holdings (40): bonds, preferreds, convertibles and warrants · $1.6B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 93,969,000 | $97.1M | Add +2.0% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 77,691,000 | $93.1M | Add +2.9% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 93,039,000 | $93.0M | Reduce -1.0% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 72,897 | $91.4M | Add +4.1% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 74,026 | $85.6M | Add +8.1% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 88,704,000 | $79.7M | Add +5.8% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 60,731,000 | $68.9M | Add +9.7% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 1,665,085 | $66.4M | Add +4.0% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 50,528,000 | $62.6M | Add +28.1% |
| ALLIANT ENERGY CORP (LNT 3.25 05/30/28) | NOTE 3.250% 5/3 · principal | 56,256,000 | $61.7M | New |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 1,098,825 | $58.4M | Reduce -0.8% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 28,721,000 | $57.0M | Reduce -34.6% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 1,516,697 | $55.6M | Add +6.2% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 52,411,000 | $51.6M | Add +1.7% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 44,021,000 | $49.1M | Reduce -1.7% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 763,167 | $46.5M | Reduce -9.1% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 43,674,000 | $41.4M | Add +50.9% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 746,124 | $37.1M | Add +11.5% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 2,100,000 | $35.6M | Add +110.0% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 29,154,000 | $32.1M | Reduce -0.7% |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 636,305 | $28.6M | Add +647.1% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 19,279,000 | $27.4M | Reduce -3.2% |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | 503,000 | $25.0M | Add +0.6% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 19,300,000 | $23.2M | Reduce -9.4% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 333,515 | $22.4M | Add +47.8% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 17,964,000 | $21.4M | Reduce -0.9% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 22,237,000 | $20.7M | Add +61.3% |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 18,144,000 | $18.3M | New |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | 14,345,000 | $17.1M | Reduce -2.6% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 17,326,000 | $16.8M | Reduce -3.1% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 13,551,000 | $16.3M | Add +125.8% |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | 12,410,000 | $15.0M | Add +25.2% |
| PPL CORPORATION (PPL 7 02/15/29) | UNIT 02/15/2029 | 301,362 | $14.8M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 226,844 | $12.6M | Reduce -2.3% |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 7,606,000 | $7.1M | Reduce -2.7% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 3,635,000 | $6.6M | Reduce -75.4% |
| ALPHABET INC (GOOGL 6.25 05/15/29 A) | DEP SHS RP1/20 A | 117,299 | $6.0M | New |
| ALPHABET INC (GOOGL 6.25 05/15/29 B) | DEP SHS RP1/20 B | 117,138 | $5.9M | New |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 670,000 | $801K | New |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 90,000 | $90K | No change |
Lines left out (1) · $3 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| FNCL Fidelity MSCI Financial Indx | MSCI FINLS IDX | 0 | $3 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $178.3B.
Portfolio Sells Q1 2026 → Q2 2026
| TFC Truist Financial Corp. | Reduce -41.7% | 0.44% | −0.36 |
| BJ Bj's Wholesale Club Holdings | Reduce -15.8% | 0.47% | −0.25 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.23 |
| HD Home Depot Inc. | Reduce -55.0% | 0.16% | −0.22 |
| WTW Willis Towers Watson PLC | Reduce -75.1% | 0.05% | −0.21 |
| B Barrick Mining Corp. | Reduce -47.9% | 0.10% | −0.20 |
| BLD Topbuild Corp. | Reduce -90.0% | 0.02% | −0.19 |
| BWLP BW LPG Ltd. | Reduce -40.8% | 0.02% | −0.18 |
| AEP American Electric Power | Reduce -67.3% | 0.07% | −0.17 |
| PWR Quanta Services Inc. | Reduce -44.8% | 0.29% | −0.17 |
| JNJ Johnson & Johnson | Reduce -23.6% | 0.38% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -7.2% | 2.12% | −0.16 |
| PFE Pfizer Inc. | Reduce -41.0% | 0.12% | −0.16 |
| APO Apollo Global Management Inc. | Reduce -93.9% | 0.01% | −0.14 |
| EL Estee Lauder Companies Class A | Reduce -98.0% | 0.00% | −0.14 |
| IQV Iqvia Holdings Inc. | Reduce -94.5% | 0.01% | −0.14 |
| V Visa Inc. Class A | Reduce -13.3% | 0.83% | −0.13 |
| CASY Casey's General Stores Inc. | Reduce -66.3% | 0.06% | −0.13 |
| IBM Intl Business Machines Corp. | Reduce -26.7% | 0.35% | −0.12 |
| SLB SLB Ltd. | Reduce -29.4% | 0.15% | −0.12 |
| NOW ServiceNow Inc. | Reduce -6.1% | 0.40% | −0.11 |
| LSTR Landstar System Inc. | Reduce -99.1% | 0.00% | −0.11 |
| GM General Motors Co. | Reduce -71.5% | 0.04% | −0.11 |
| ICE Intercontinental Exchange Inc. | Reduce -3.8% | 0.21% | −0.11 |
| CHKP Check Point Software Tech | Reduce -97.5% | 0.00% | −0.10 |
| DIS The Walt Disney Co. | Reduce -32.0% | 0.13% | −0.09 |
| WMT Walmart Inc. | Reduce -6.9% | 0.25% | −0.09 |
| SHEL Shell PLC-ADR | Reduce -29.3% | 0.09% | −0.08 |
| EME Emcor Group Inc. | Reduce -21.8% | 0.28% | −0.08 |
| CPRT Copart Inc. | Reduce -82.9% | 0.01% | −0.08 |
| CME Cme Group Inc. | Reduce -13.1% | 0.10% | −0.08 |
| DAL Delta Air Lines Inc. | Reduce -58.6% | 0.08% | −0.08 |
| FNV Franco-Nevada Corp. | Sold out | 0.00% | −0.08 |
| HON Honeywell International Inc. | Reduce -7.4% | 0.05% | −0.08 |
| CTSH Cognizant Tech Solutions-A | Reduce -23.6% | 0.05% | −0.07 |
| CHRD Chord Energy Corp. | Reduce -10.8% | 0.12% | −0.07 |
| LVS Las Vegas Sands Corp. | Reduce -81.6% | 0.01% | −0.07 |
| NNN NNN REIT Inc. | Reduce -27.3% | 0.16% | −0.07 |
| FOXA Fox Corp. Class A | Reduce -68.8% | 0.02% | −0.07 |
| CCL Carnival Corp. Ltd. | Reduce -62.3% | 0.04% | −0.06 |
| MDT Medtronic PLC | Reduce -33.8% | 0.10% | −0.06 |
| PLTR Palantir Technologies Inc. Class A | Reduce -3.8% | 0.13% | −0.06 |
| ADM Archer-Daniels-Midland Co. | Reduce -16.6% | 0.21% | −0.06 |
| XYL Xylem Inc. | Reduce -19.1% | 0.15% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -8.7% | 0.18% | −0.06 |
| PEP Pepsico Inc. | Reduce -1.1% | 0.19% | −0.06 |
| FCN Fti Consulting Inc. | Reduce -8.0% | 0.12% | −0.06 |
| CSX CSX Corp. | Reduce -20.4% | 0.24% | −0.06 |
| LNT Alliant Energy Corp. | Reduce -11.0% | 0.28% | −0.06 |
| ON On Semiconductor | Reduce -88.3% | 0.01% | −0.06 |
Portfolio Buys Q1 2026 → Q2 2026
| MU Micron Technology Inc. | Add +3.4% | 0.71% | +0.48 |
| LLY Eli Lilly & Co. | Add +14.7% | 1.45% | +0.34 |
| KLAC KLA Corp. | Add +1.8% | 0.66% | +0.30 |
| GOOGL Alphabet Inc. Class A | Add +6.4% | 2.13% | +0.29 |
| STT State Street Corp. | Add +128.5% | 0.43% | +0.27 |
| TSLA Tesla Inc. | Add +56.2% | 0.76% | +0.27 |
| NVDA Nvidia Corp. | Add +6.3% | 3.95% | +0.25 |
| BAC Bank of America Corp. | Add +23.8% | 1.01% | +0.21 |
| ARMK Aramark | Add +13504.5% | 0.18% | +0.18 |
| INTC Intel Corp. | Add +0.2% | 0.27% | +0.17 |
| CR Crane Co. | Add +15074.5% | 0.17% | +0.17 |
| UPS United Parcel Service Class B | Add +29.1% | 0.87% | +0.16 |
| HAL Halliburton Co. | Add +963.8% | 0.19% | +0.16 |
| GOOG Alphabet Inc. Class C | Add +6.9% | 1.24% | +0.16 |
| GEV GE Vernova Inc. | Add +28.9% | 0.47% | +0.16 |
| QCOM Qualcomm Inc. | Add +37.2% | 0.37% | +0.16 |
| AVGO Broadcom Inc. | Add +7.9% | 1.19% | +0.16 |
| FCX Freeport-McMoran Inc. | Add +46.0% | 0.58% | +0.16 |
| CNC Centene Corp. | Add +98.0% | 0.21% | +0.15 |
| GFS Globalfoundries Inc. | New | 0.14% | +0.14 |
| HBAN Huntington Bancshares Inc. | Add +107.8% | 0.28% | +0.14 |
| GLW Corning Inc. | Add +85.1% | 0.21% | +0.14 |
| CHRW C.H. Robinson Worldwide Inc. | Add +286.2% | 0.19% | +0.14 |
| NRG NRG Energy Inc. | Add +32.9% | 0.79% | +0.11 |
| BA The Boeing Co. | Add +81.1% | 0.25% | +0.11 |
| DVN Devon Energy Corp. | Add +86.1% | 0.40% | +0.10 |
| RRX Regal Rexnord Corp. | Add +7.3% | 0.60% | +0.10 |
| OKTA Okta Inc. | Add +57.3% | 0.17% | +0.10 |
| COKE Coca-Cola Consolidated Inc. | Add +694.5% | 0.10% | +0.09 |
| IPGP Ipg Photonics Corp. | Add +32558.5% | 0.09% | +0.09 |
| ELV Elevance Health Inc. | Add +135.1% | 0.14% | +0.09 |
| ROK Rockwell Automation Inc. | Add +23.1% | 0.26% | +0.09 |
| MPC Marathon Petroleum Corp. | Add +140.4% | 0.15% | +0.08 |
| TMUS T-Mobile US Inc. | Add +91.5% | 0.31% | +0.08 |
| VST Vistra Corp. | Add +853.1% | 0.09% | +0.08 |
| EOG EOG Resources Inc. | Add +123.0% | 0.18% | +0.08 |
| CAH Cardinal Health Inc. | Add +42.6% | 0.27% | +0.08 |
| ADI Analog Devices Inc. | Add +23.1% | 0.28% | +0.07 |
| SNPS Synopsys Inc. | Add +12.6% | 0.72% | +0.07 |
| MRVL Marvell Technology Inc. | Add +6.4% | 0.11% | +0.07 |
| PAYX Paychex Inc. | Add +95.8% | 0.15% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.2% | 0.29% | +0.07 |
| VRTX Vertex Pharmaceuticals Inc. | Add +15.1% | 0.61% | +0.07 |
| CVLT Commvault Systems Inc. | Add +423.5% | 0.07% | +0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +29.5% | 0.12% | +0.06 |
| ZTS Zoetis Inc. | Add +619.4% | 0.09% | +0.06 |
| JAZZ Jazz Pharmaceuticals PLC | Add +167.6% | 0.09% | +0.06 |
| PSX Phillips 66 | Add +195.2% | 0.11% | +0.06 |
| WMB Williams Cos Inc. | Add +41.7% | 0.27% | +0.06 |
| ROP Roper Technologies Inc. | Add +373.0% | 0.07% | +0.06 |
Notes & Other Activity Q1 2026 → Q2 2026
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | Add +2.0% | 93,969,000 | $97.1M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +2.9% | 77,691,000 | $93.1M |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | Reduce -1.0% | 93,039,000 | $93.0M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +4.1% | 72,897 | $91.4M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +8.1% | 74,026 | $85.6M |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Add +5.8% | 88,704,000 | $79.7M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Sold out | 50,044,500 | $74.4Mbefore exit |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Add +9.7% | 60,731,000 | $68.9M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +4.0% | 1,665,085 | $66.4M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Add +28.1% | 50,528,000 | $62.6M |
| ALLIANT ENERGY CORP (LNT 3.25 05/30/28) | NOTE 3.250% 5/3 · principal | New | 56,256,000 | $61.7M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -0.8% | 1,098,825 | $58.4M |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | Reduce -34.6% | 28,721,000 | $57.0M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Add +6.2% | 1,516,697 | $55.6M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Add +1.7% | 52,411,000 | $51.6M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Reduce -1.7% | 44,021,000 | $49.1M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Sold out | 48,813,000 | $48.7Mbefore exit |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -9.1% | 763,167 | $46.5M |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | Add +50.9% | 43,674,000 | $41.4M |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | Add +11.5% | 746,124 | $37.1M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +110.0% | 2,100,000 | $35.6M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Reduce -0.7% | 29,154,000 | $32.1M |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | Add +647.1% | 636,305 | $28.6M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Reduce -3.2% | 19,279,000 | $27.4M |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | Add +0.6% | 503,000 | $25.0M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Reduce -9.4% | 19,300,000 | $23.2M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +47.8% | 333,515 | $22.4M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -0.9% | 17,964,000 | $21.4M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +61.3% | 22,237,000 | $20.7M |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | New | 18,144,000 | $18.3M |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | NOTE 4.750% 6/1 · principal | Reduce -2.6% | 14,345,000 | $17.1M |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Reduce -3.1% | 17,326,000 | $16.8M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Add +125.8% | 13,551,000 | $16.3M |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | Add +25.2% | 12,410,000 | $15.0M |
| PPL CORPORATION (PPL 7 02/15/29) | UNIT 02/15/2029 | New | 301,362 | $14.8M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Reduce -2.3% | 226,844 | $12.6M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Sold out | 10,869,000 | $12.0Mbefore exit |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | Reduce -2.7% | 7,606,000 | $7.1M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Reduce -75.4% | 3,635,000 | $6.6M |
| ALPHABET INC (GOOGL 6.25 05/15/29 A) | DEP SHS RP1/20 A | New | 117,299 | $6.0M |
| ALPHABET INC (GOOGL 6.25 05/15/29 B) | DEP SHS RP1/20 B | New | 117,138 | $5.9M |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | New | 670,000 | $801K |
| FNCL Fidelity MSCI Financial Indx | MSCI FINLS IDX | New | 0 | $3 |
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 | 2,441 | $176.8B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 2,373 | $154.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 2,381 | $175.6B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 2,373 | $169.3B | QCOM, NVDA, MSFT, AAPL, AMZN |
| Q2 2025 | 2,434 | $153.4B | MSFT, NVDA, AMZN, AAPL, GOOGL |
| Q1 2025 | 2,428 | $96.1B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 2,425 | $100.1B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 2,440 | $102.2B | AAPL, MSFT, NVDA, META, AMZN |
| Q2 2024 | 2,433 | $98.1B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2024 | 2,434 | $100.7B | MSFT, NVDA, AAPL, AMZN, META |