Virtus Investment Advisers, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Virtus Investment Advisers, LLC reported 439 stock positions worth $349.2 million. Its top holding was AppLovin Class A (APP) at 1.0% of the portfolio, followed by Tesla (TSLA, 0.7%) and Lam Research (LRCX, 0.7%). Compared with Q2 2025, it opened 39 new positions, sold out of 39, added to 272 and reduced 76. The biggest buy was a new position in Lam Research (LRCX) and the biggest sale an exit from KKR (KKR).

Most Recent 13F
Q2 2026
Location
HARTFORD, CT
CIK
0000019481
Portfolio Value
$349.2M (Q3 2025)
SEC Filing
0001628280-25-052170 ↗ filed Nov 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $136.5M Q1 2024 Q2 2024: $110.0M Q2 2024 Q3 2024: $123.7M Q3 2024 Q4 2024: $124.1M Q4 2024 Q1 2025: $362.9M Q1 2025 Q2 2025: $295.8M Q2 2025 Q3 2025: $349.2M $349.2M Q3 2025 Q4 2025: $367.9M Q4 2025 Q1 2026: $362.5M Q1 2026 Q2 2026: $429.2M Q2 2026

Holdings 439 stocks · $349.2M
APP AppLovin Corp. Class A 1.02% 4,941 $3.6M Reduce -1.3%
TSLA Tesla Inc. 0.72% 5,626 $2.5M Add +15.7%
LRCX Lam Research Corp. 0.71% 18,581 $2.5M New
HOOD Robinhood Markets Inc. Class A 0.70% 17,162 $2.5M New
EA Electronic Arts Inc. 0.70% 12,050 $2.4M Add +27.5%
NEM Newmont Corp. 0.69% 28,777 $2.4M Add +12.0%
GOOGL Alphabet Inc. Class A 0.66% 9,510 $2.3M New
ANET Arista Networks Inc. 0.65% 15,585 $2.3M Reduce -12.4%
OCCI Ofs Credit Company Inc. 0.65% 417,437 $2.3M Add +19.2%
OXLC Oxford Lane Capital Corp. 0.63% 129,209 $2.2M New
TKO Tko Group Holdings Inc. 0.62% 10,726 $2.2M New
KLAC KLA Corp. 0.61% 1,984 $2.1M New
APH Amphenol Corp. Class A 0.61% 17,172 $2.1M Reduce -6.0%
PLTR Palantir Technologies Inc. Class A 0.61% 11,601 $2.1M Reduce -5.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.60% 14,615 $2.1M Add +33.5%
CMI Cummins Inc. 0.60% 4,944 $2.1M Add +4.6%
ORCL Oracle Corp. 0.60% 7,395 $2.1M Reduce -26.1%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.59% 26,947 $2.1M Add +37.1%
IDXX Idexx Laboratories Inc. 0.59% 3,231 $2.1M New
WELL Welltower Inc. 0.59% 11,574 $2.1M Add +22.8%
AVGO Broadcom Inc. 0.59% 6,230 $2.1M Reduce -13.6%
ALL Allstate Corp. 0.59% 9,546 $2.0M Add +32.9%
FOXA Fox Corp. Class A 0.59% 32,486 $2.0M Add +15.7%
MNST Monster Beverage Corp. 0.59% 30,427 $2.0M Add +28.8%
MS Morgan Stanley 0.59% 12,855 $2.0M New
ATO Atmos Energy Corp. 0.58% 11,849 $2.0M New
DASH DoorDash Inc. Class A 0.58% 7,434 $2.0M Add +0.7%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.58% 61,885 $2.0M Add +28.1%
HIG Hartford Insurance Group Inc. 0.58% 15,110 $2.0M Add +29.5%
TRV The Travelers Cos Inc. 0.57% 7,185 $2.0M Add +34.4%
ZM Zoom Communications Inc. 0.57% 24,306 $2.0M Add +33.4%
COR Cencora Inc. 0.57% 6,400 $2.0M Add +32.0%
ECC Eagle Point Credit Co. 0.57% 302,122 $2.0M Add +27.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.57% 18,204 $2.0M Add +3.3%
UBER Uber Technologies Inc. 0.57% 20,226 $2.0M Add +13.5%
CFG Citizens Financial Group 0.57% 37,139 $2.0M Reduce -0.7%
CINF Cincinnati Financial Corp. 0.56% 12,454 $2.0M Add +20.1%
AXP American Express Co. 0.56% 5,901 $2.0M Add +12.8%
CB Chubb Ltd. 0.56% 6,893 $1.9M Add +38.9%
URI United Rentals Inc. 0.56% 2,032 $1.9M New
VRT Vertiv Holdings Co. Class A 0.56% 12,856 $1.9M New
JPM JPMorgan Chase & Co. 0.56% 6,145 $1.9M Add +8.0%
PODD Insulet Corp. 0.55% 6,270 $1.9M Add +17.9%
WMT Walmart Inc. 0.55% 18,766 $1.9M Add +28.8%
NVDA Nvidia Corp. 0.55% 10,365 $1.9M Reduce -17.0%
ULTA Ulta Beauty Inc. 0.55% 3,528 $1.9M New
CDNS Cadence Design SYS Inc. 0.55% 5,491 $1.9M New
IBKR Interactive Brokers Gro Class A 0.55% 28,015 $1.9M Reduce -14.4%
USB US Bancorp 0.55% 39,753 $1.9M Add +14.5%
FAST Fastenal Co. 0.55% 39,148 $1.9M Add +14.0%
FITB Fifth Third Bancorp 0.55% 43,078 $1.9M Add +9.7%
BKR Baker Hughes Co. 0.55% 39,357 $1.9M Add +3.5%
BRK.B Berkshire Hathaway Inc. Class B 0.55% 3,808 $1.9M Add +46.0%
ADSK Autodesk Inc. 0.55% 6,021 $1.9M Add +17.3%
HWM Howmet Aerospace Inc. 0.55% 9,733 $1.9M Reduce -4.6%
GRMN Garmin Ltd. 0.55% 7,748 $1.9M Add +11.2%
WSM Williams-Sonoma Inc. 0.54% 9,730 $1.9M New
HBAN Huntington Bancshares Inc. 0.54% 110,105 $1.9M Add +14.4%
NTRS Northern Trust Corp. 0.54% 14,116 $1.9M Reduce -6.7%
PNC PNC Financial Services Group 0.54% 9,448 $1.9M Add +8.0%
STT State Street Corp. 0.54% 16,294 $1.9M Add +2.7%
RJF Raymond James Financial Inc. 0.54% 10,940 $1.9M Add +8.4%
PH Parker Hannifin Corp. 0.54% 2,484 $1.9M Add +7.3%
ROL Rollins Inc. 0.54% 31,996 $1.9M Add +27.7%
PGR Progressive Corp. 0.54% 7,603 $1.9M Add +45.4%
META Meta Platforms Inc. Class A 0.54% 2,551 $1.9M Add +0.7%
DAL Delta Air Lines Inc. 0.54% 32,945 $1.9M New
NFLX Netflix Inc. 0.53% 1,558 $1.9M Add +23.9%
VEEV Veeva Systems Inc. Class A 0.53% 6,263 $1.9M Add +2.8%
MTB M & T Bank Corp. filed as M & T BK CORP 0.53% 9,440 $1.9M Add +14.0%
WAB Wabtec Corp. 0.53% 9,295 $1.9M Add +23.4%
MSFT Microsoft Corp. 0.53% 3,570 $1.8M New
CSCO Cisco Systems Inc. 0.53% 26,976 $1.8M Add +10.4%
PWR Quanta Services Inc. 0.53% 4,443 $1.8M Reduce -7.9%
RF Regions Financial Corp. 0.53% 69,663 $1.8M Add +1.9%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.53% 5,929 $1.8M New
CEG Constellation Energy 0.53% 5,579 $1.8M Reduce -10.2%
RMD Resmed Inc. 0.53% 6,701 $1.8M Add +14.0%
VST Vistra Corp. 0.52% 9,354 $1.8M Reduce -14.5%
MA Mastercard Inc. Class A 0.52% 3,221 $1.8M Add +24.1%
SPOT Spotify Technology SA 0.52% 2,616 $1.8M Add +17.3%
HEI Heico Corp. 0.52% 5,653 $1.8M Add +0.4%
PTC PTC Inc. 0.52% 8,986 $1.8M New
PANW Palo Alto Networks Inc. 0.52% 8,956 $1.8M Add +15.7%
COF Capital One Financial Corp. 0.52% 8,558 $1.8M Add +12.8%
MELI MercadoLibre Inc. 0.52% 778 $1.8M Add +24.7%
COST Costco Wholesale Corp. 0.52% 1,964 $1.8M Add +38.4%
PSEC Prospect Capital Corp. 0.52% 657,589 $1.8M Add +54.9%
CME Cme Group Inc. 0.52% 6,687 $1.8M Add +28.5%
HUBB Hubbell Inc. 0.52% 4,181 $1.8M New
AXON Axon Enterprise Inc. 0.51% 2,492 $1.8M Add +8.6%
SCHW Schwab (charles) Corp. 0.51% 18,714 $1.8M Add +8.0%
SYF Synchrony Financial 0.51% 25,140 $1.8M Reduce -6.7%
AON Aon PLC Class A 0.51% 4,962 $1.8M New
V Visa Inc. Class A 0.50% 5,156 $1.8M Add +24.8%
ADP Automatic Data Processing 0.50% 5,968 $1.8M Add +25.6%
TPL Texas Pacific Land Corp. 0.50% 1,876 $1.8M New
ETN Eaton Corp. PLC 0.50% 4,661 $1.7M New
CHKP Check Point Software Tech 0.50% 8,391 $1.7M Add +25.1%
AMP Ameriprise Financial Inc. 0.50% 3,533 $1.7M Add +18.8%
MKL Markel Group Inc. 0.50% 908 $1.7M Add +18.2%
DDOG Datadog Inc. Class A 0.50% 12,149 $1.7M New
AMZN Amazon.com Inc. 0.49% 7,866 $1.7M New
TYL Tyler Technologies Inc. 0.49% 3,294 $1.7M New
MCO Moody's Corp. 0.49% 3,612 $1.7M New
NOW ServiceNow Inc. 0.49% 1,860 $1.7M Add +27.1%
CTAS Cintas Corp. 0.49% 8,309 $1.7M Add +24.9%
BSX Boston Scientific Corp. 0.48% 17,309 $1.7M Add +27.3%
SYK Stryker Corp. 0.48% 4,567 $1.7M Add +20.3%
RCL Royal Caribbean Cruises Ltd. 0.48% 5,202 $1.7M Reduce -20.4%
SPGI S&P Global Inc. 0.48% 3,451 $1.7M Add +19.6%
YUMC Yum China Holdings Inc. 0.48% 39,031 $1.7M New
BRO Brown & Brown Inc. 0.48% 17,859 $1.7M Add +47.5%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.48% 1,749 $1.7M Add +28.1%
ISRG Intuitive Surgical Inc. 0.48% 3,712 $1.7M Add +37.9%
CSGP Costar Group Inc. 0.47% 19,623 $1.7M New
XYZ Block Inc. 0.47% 22,739 $1.6M New
DOCU Docusign Inc. 0.47% 22,792 $1.6M Add +36.2%
APO Apollo Global Management Inc. 0.47% 12,323 $1.6M Add +18.6%
TT Trane Technologies PLC 0.47% 3,875 $1.6M Reduce -2.7%
COIN Coinbase Global Inc. Class A 0.47% 4,830 $1.6M New
TPVG Triplepoint Venture Growth B 0.46% 280,375 $1.6M Add +17.9%
FCNCA First Citizens Bcshs Class A 0.46% 893 $1.6M Add +14.8%
PAYX Paychex Inc. 0.45% 12,529 $1.6M Add +29.5%
LPLA LPL Financial Holdings Inc. 0.45% 4,756 $1.6M New
PYPL PayPal Holdings Inc. 0.45% 23,427 $1.6M New
INTU Intuit Inc. 0.45% 2,296 $1.6M New
LII Lennox International Inc. 0.42% 2,795 $1.5M New
TW Tradeweb Markets Inc. Class A 0.42% 13,299 $1.5M Add +29.8%
FTNT Fortinet Inc. 0.42% 17,473 $1.5M Add +28.4%
XAI OCTAGN FLT RAT & ALT INM 0.38% 248,584 $1.3M Add +10.8%
HRZN Horizon Technology Finance C 0.37% 211,275 $1.3M Add +18.9%
TCPC BlackRock TCP Capital Corp. 0.35% 198,478 $1.2M Add +20.3%
RWAY Runway Growth Finance Corp. 0.32% 108,747 $1.1M Reduce -11.4%
GSBD Goldman Sachs BDC Inc. 0.31% 107,789 $1.1M Add +0.1%
VVR Invesco Senior Income Trust 0.30% 307,581 $1.1M Add +5.6%
FSK FS KKR Capital Corp. 0.30% 69,651 $1.0M Add +47.5%
OCSL Oaktree Specialty Lending Co. 0.30% 79,399 $1.0M Reduce -4.2%
GAIN Gladstone Investment Corp. 0.28% 70,254 $971K Add +30.7%
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP 0.27% 97,912 $944K Add +11.4%
PNNT Pennantpark Investment Corp. 0.27% 139,118 $933K Reduce -5.5%
KIO KKR Income Opportunities 0.27% 73,531 $926K Reduce -0.1%
CION Cion Investment Corp. 0.26% 96,586 $916K Reduce -11.5%
BTX BlackRock Tech & Priv Eqty 0.26% 134,507 $901K Reduce -4.5%
CCAP Crescent Capital BDC Inc. 0.26% 62,960 $898K Add +10.7%
JFR Nuveen Floating Rate Income 0.26% 109,711 $897K Add +3.4%
SAR Saratoga Investment Corp. 0.25% 36,285 $885K Reduce -0.0%
CSWC Capital Southwest Corp. 0.25% 40,161 $878K Reduce -2.2%
EVF Eaton Vance Senior Income TR 0.25% 158,791 $870K Add +11.2%
CGBD Carlyle Secured Lending Inc. 0.25% 69,053 $863K Add +9.2%
XJQCX Nuveen Credit Strategies Inc. 0.24% 160,614 $846K Reduce -2.0%
FCT First Trust SNR FL RT Inc. II 0.24% 84,293 $843K Add +3.3%
MFIC Midcap Financial Investment 0.24% 70,233 $842K Add +1.0%
DSU BlackRock Debt Strategies 0.24% 78,232 $831K Add +7.6%
PFLT Pennantpark Floating Rate Ca 0.24% 92,843 $825K Add +4.8%
IONS Ionis Pharmaceuticals Inc. 0.23% 12,476 $816K No change
BGT BlackRock Fltng RT Inc. TR 0.23% 67,163 $816K Add +8.9%
EFT Eaton Vance Fltng RT Inc. TR 0.23% 69,135 $814K Add +8.7%
FDUS Fidus Investment Corp. 0.23% 39,844 $807K Reduce -3.4%
BCSF Bain Capital Specialty Finan 0.23% 55,871 $796K Add +9.5%
GBDC Golub Capital BDC Inc. 0.23% 57,593 $788K Add +12.2%
HTGC Hercules Capital Inc. 0.22% 40,996 $775K Reduce -13.6%
SCM Stellus Capital Investment C 0.22% 58,294 $761K Reduce -9.8%
BBDC Barings BDC Inc. 0.22% 86,066 $754K Reduce -6.7%
BLW BlackRock Ltd. Durat Inc. TR 0.20% 50,906 $713K Add +5.1%
RYTM Rhythm Pharmaceuticals Inc. 0.20% 7,052 $712K No change
ARDC Ares Dynamic Credit All 0.20% 50,547 $711K Reduce -1.4%
TVTX Travere Therapeutics Inc. 0.20% 29,745 $711K No change
CRSP Crispr Therapeutics AG 0.20% 10,765 $698K No change
BSL Blackstone SNR Fltng RT 0.20% 49,414 $695K Add +9.1%
LGND Ligand Pharmaceuticals 0.20% 3,883 $688K No change
MDGL Madrigal Pharmaceuticals Inc. 0.20% 1,495 $686K No change
SLRC SLR Investment Corp. 0.20% 44,758 $684K Add +4.3%
BGB Blackstone Strategic Credit 0.19% 55,353 $674K New
BXSL Blackstone Secured Lending F 0.19% 25,716 $670K Add +18.7%
ALNY Alnylam Pharmaceuticals Inc. 0.19% 1,459 $665K No change
MIRM Mirum Pharmaceuticals Inc. 0.19% 9,066 $665K No change
INSM Insmed Inc. 0.19% 4,587 $661K No change
BKT BlackRock Income Trust 0.19% 58,703 $660K Reduce -3.4%
ARDX Ardelyx Inc. 0.19% 119,461 $658K No change
UTHR United Therapeutics Corp. 0.19% 1,553 $651K No change
TARS Tarsus Pharmaceuticals Inc. 0.18% 10,852 $645K No change
ARCC Ares Capital Corp. 0.18% 30,499 $622K Reduce -0.3%
KNSA Kiniksa Pharmaceuticals Inte 0.18% 16,026 $622K No change
FSCO FS Credit Opportunities Corp. 0.18% 89,551 $619K New
TSLX Sixth Street Specialty Lendi 0.18% 26,990 $617K Reduce -7.9%
TBPH Theravance Biopharma Inc. 0.18% 41,884 $612K No change
HALO Halozyme Therapeutics Inc. 0.17% 8,148 $598K No change
AUPH Aurinia Pharmaceuticals Inc. 0.17% 53,997 $597K No change
ROIV Roivant Sciences Ltd. 0.17% 38,744 $586K No change
BBIO Bridgebio Pharma Inc. 0.17% 11,208 $582K No change
FOLD Amicus Therapeutics Inc. 0.16% 72,025 $568K No change
KRYS Krystal Biotech Inc. 0.16% 3,167 $559K No change
ONC Beone Medicines Ltd.-ADR 0.16% 1,607 $548K No change
INCY Incyte Corp. 0.16% 6,420 $544K Reduce -78.5%
MRCC Monroe Capital Corp. 0.16% 77,488 $544K Reduce -5.8%
NVAX Novavax Inc. 0.15% 62,153 $539K No change
PTCT PTC Therapeutics Inc. 0.15% 8,717 $535K No change
BCIC BCP Investment Corp. 0.15% 45,852 $529K Add +5.1%
APLS Apellis Pharmaceuticals Inc. 0.15% 23,073 $522K No change
PHAT Phathom Pharmaceuticals Inc. 0.15% 44,306 $521K No change
AGIO Agios Pharmaceuticals Inc. 0.15% 12,881 $517K No change
ASND Ascendis Pharma A/S 0.15% 2,600 $517K No change
OFS Ofs Capital Corp. 0.15% 66,286 $510K Add +7.1%
AXSM Axsome Therapeutics Inc. 0.15% 4,183 $508K No change
NBIX Neurocrine Biosciences Inc. 0.14% 3,555 $499K No change
MSDL Morgan Stanley Direct Lendin 0.14% 30,302 $487K Add +48.7%
REGN Regeneron Pharmaceuticals 0.14% 852 $479K No change
SPMC Sound Point Meridian Capital 0.14% 27,559 $478K New
BIIB Biogen Inc. 0.13% 3,359 $471K No change
DAWN Day One Biopharmaceuticals I 0.13% 66,427 $468K No change
IMCR Immunocore Holdings PLC-ADR 0.13% 12,472 $453K No change
WHF Whitehorse Finance Inc. 0.13% 65,196 $451K Add +11.9%
CELC Celcuity Inc. 0.13% 9,059 $448K Add +21.0%
GILD Gilead Sciences Inc. 0.13% 3,966 $440K No change
EXEL Exelixis Inc. 0.13% 10,637 $439K No change
MAIN Main Street Capital Corp. 0.12% 6,861 $436K Reduce -21.7%
ACAD Acadia Pharmaceuticals Inc. 0.12% 20,441 $436K No change
TGTX TG Therapeutics Inc. 0.12% 11,892 $430K No change
DVAX Dynavax Technologies Corp. 0.12% 42,730 $424K No change
AMGN Amgen Inc. 0.12% 1,495 $422K Reduce -76.8%
BMRN Biomarin Pharmaceutical Inc. 0.12% 7,758 $420K No change
MRNA Moderna Inc. 0.12% 16,248 $420K No change
BNTX Biontech SE-ADR 0.12% 4,236 $418K No change
IOVA Iovance Biotherapeutics Inc. 0.12% 192,378 $417K No change
QURE Uniqure NV 0.12% 7,116 $415K Add +21.0%
OXSQ Oxford Square Capital Corp. 0.11% 249,916 $397K Add +13.3%
MSIF MSC Income Fund Inc. 0.11% 30,158 $396K New
GERN Geron Corp. 0.11% 284,868 $390K No change
GLAD Gladstone Capital Corp. 0.11% 17,698 $387K Reduce -20.0%
NCDL Nuveen Churchill Direct Lend 0.11% 28,008 $387K Add +24.7%
LEGN Legend Biotech Corp.-ADR 0.11% 11,722 $382K No change
VRTX Vertex Pharmaceuticals Inc. 0.11% 966 $378K No change
HRMY Harmony Biosciences Holdings 0.11% 13,333 $367K No change
ZLAB Zai Lab Ltd.-ADR 0.10% 10,328 $350K No change
IBRX Immunitybio Inc. 0.10% 139,309 $343K No change
RARE Ultragenyx Pharmaceutical Inc. 0.10% 11,311 $340K No change
BCRX Biocryst Pharmaceuticals Inc. 0.09% 42,730 $324K No change
RAPP Rapport Therapeutics Inc. 0.09% 10,214 $303K Add +21.0%
ADMA Adma Biologics Inc. 0.09% 20,574 $302K No change
MLYS Mineralys Therapeutics Inc. 0.08% 7,626 $289K Add +21.0%
OLMA Olema Pharmaceuticals Inc. 0.08% 28,026 $274K Add +21.0%
TRML Tourmaline Bio Inc. 0.08% 5,718 $273K Add +21.0%
ARWR Arrowhead Pharmaceuticals Inc. 0.07% 7,015 $242K Add +21.0%
NTLA Intellia Therapeutics Inc. 0.07% 13,627 $235K Add +21.0%
NUVB Nuvation Bio Inc. 0.07% 62,866 $233K Add +21.0%
DNTH Dianthus Therapeutics Inc. 0.07% 5,899 $232K Add +21.0%
SRPT Sarepta Therapeutics Inc. 0.07% 11,911 $230K No change
CNTA Centessa Pharmaceuticals Ltd. 0.07% 9,451 $229K Add +21.0%
COGT Cogent Biosciences Inc. 0.06% 15,760 $226K Add +21.0%
STOK Stoke Therapeutics Inc. 0.06% 9,627 $226K Add +21.0%
PRTA Prothena Corp. PLC 0.06% 22,443 $219K Add +21.0%
MAZE Maze Therapeutics Inc. 0.06% 8,397 $218K Add +21.0%
TERN Terns Pharmaceuticals Inc. 0.06% 28,953 $217K Add +21.0%
XERS Xeris Biopharma Holdings Inc. 0.06% 25,744 $210K Add +21.0%
CRVS Corvus Pharmaceuticals Inc. 0.06% 26,837 $198K Add +21.0%
SION Sionna Therapeutics Inc. 0.06% 6,698 $197K Add +21.0%
MRUS Merus NV 0.06% 2,054 $193K Add +21.0%
TNGX Tango Therapeutics Inc. 0.05% 22,532 $189K Add +21.0%
CYTK Cytokinetics Inc. 0.05% 3,428 $188K Add +21.1%
ARLP Alliance Resource Partners 0.05% 7,420 $188K Add +12.4%
EXE Expand Energy Corp. 0.05% 1,757 $187K Add +25.0%
MBX MBX Biosciences Inc. 0.05% 10,614 $186K Add +21.0%
UPB Upstream Bio Inc. 0.05% 9,843 $185K Add +21.0%
MIND MEDICINE MINDMED INC 0.05% 15,587 $184K Add +21.0%
EYPT Eyepoint Inc. 0.05% 12,843 $183K Add +21.0%
BIP Brookfield Infrastructure Pa 0.05% 5,530 $182K Add +4.8%
EVRG Evergy Inc. 0.05% 2,391 $182K Reduce -6.3%
ABCL Abcellera Biologics Inc. 0.05% 36,123 $182K Add +21.0%
GPRK Geopark Ltd. 0.05% 28,491 $181K Add +21.9%
AEP American Electric Power 0.05% 1,613 $181K Reduce -4.3%
LNT Alliant Energy Corp. 0.05% 2,689 $181K Reduce -5.1%
MUR Murphy Oil Corp. 0.05% 6,373 $181K Reduce -7.8%
ETR Entergy Corp. 0.05% 1,935 $180K Reduce -8.7%
CQP Cheniere Energy Partners LP 0.05% 3,348 $180K Add +9.3%
WEC WEC Energy Group Inc. 0.05% 1,572 $180K Reduce -4.5%
SVRA Savara Inc. 0.05% 50,349 $180K Add +21.0%
LENZ Lenz Therapeutics Inc. 0.05% 3,847 $179K Add +21.0%
MOS The Mosaic Co. 0.05% 5,165 $179K Add +9.4%
LQDA Liquidia Corp. 0.05% 7,874 $179K Add +21.0%
NJR New Jersey Resources Corp. 0.05% 3,708 $179K Reduce -4.3%
PSA Public Storage 0.05% 617 $178K Reduce -88.5%
TIMB Tim SA-ADR 0.05% 7,982 $178K Reduce -9.8%
CVI CVR Energy Inc. 0.05% 4,881 $178K Reduce -21.7%
FANG Diamondback Energy Inc. 0.05% 1,244 $178K Add +7.9%
DMLP Dorchester Minerals LP 0.05% 6,868 $178K Add +11.0%
TS Tenaris SA-ADR 0.05% 4,966 $178K Add +5.5%
EPR Epr Properties filed as EPR PPTYS 0.05% 3,062 $178K Add +4.0%
APA Apa Corp. 0.05% 7,313 $178K Reduce -14.9%
SITC Site Centers Corp. filed as SITE CTRS CORP 0.05% 19,665 $177K Add +43.3%
WES Western Midstream Partners L 0.05% 4,507 $177K Add +1.3%
NGG National Grid PLC-SP ADR 0.05% 2,433 $177K Add +0.5%
VNOM Viper Energy Inc. Class A 0.05% 4,624 $177K New
CCI Crown Castle Inc. 0.05% 1,831 $177K Add +6.9%
D Dominion Energy Inc. 0.05% 2,886 $177K Reduce -8.8%
EC Ecopetrol SA-Sponsored ADR 0.05% 19,163 $176K Add +9.9%
AMX America Movil Sab DE CV 0.05% 8,402 $176K Reduce -16.6%
WY Weyerhaeuser Co. 0.05% 7,117 $176K Add +8.6%
SBR Sabine Royalty Trust 0.05% 2,217 $176K Reduce -14.5%
CIG Cia Energetica DE-Spon ADR 0.05% 83,409 $176K Reduce -6.7%
GLPI Gaming and Leisure Propertie 0.05% 3,772 $176K Add +2.6%
EXR Extra Space Storage Inc. 0.05% 1,246 $176K Add +6.0%
BSM Black Stone Minerals LP 0.05% 13,364 $176K Add +2.9%
SKT Tanger Inc. 0.05% 5,188 $176K Reduce -9.2%
CUBE Cubesmart 0.05% 4,309 $175K Add +6.4%
PBT Permian Basin Royalty Trust 0.05% 9,597 $175K Reduce -33.2%
ENIC Enel Chile SA-ADR 0.05% 44,963 $175K Reduce -7.8%
RYZ Ryerson Holding Corp. 0.05% 7,650 $175K Reduce -14.4%
NSA National Storage Affiliates 0.05% 5,784 $175K Add +9.3%
PAA Plains All Amer Pipeline LP 0.05% 10,229 $175K Add +9.9%
BRX Brixmor Property Group Inc. 0.05% 6,304 $174K Reduce -4.5%
KRG Kite Realty Group Trust 0.05% 7,820 $174K Add +3.4%
ETNB 89BIO Inc. 0.05% 11,828 $174K Add +21.0%
PAGP Plains GP Holdings LP 0.05% 9,529 $174K Add +9.2%
ELS Equity Lifestyle Properties 0.05% 2,859 $174K Add +4.7%
KT KT Corp.-SP ADR 0.05% 8,891 $173K Add +2.6%
EGP Eastgroup Properties Inc. 0.05% 1,024 $173K Add +2.5%
KIM Kimco Realty Corp. 0.05% 7,931 $173K Reduce -3.4%
ITRN Ituran Location and Control 0.05% 4,849 $173K Add +0.6%
UE Urban Edge Properties 0.05% 8,451 $173K Reduce -8.5%
CGON CG Oncology Inc. 0.05% 4,294 $173K Add +21.0%
ET Energy Transfer LP 0.05% 10,079 $173K Add +4.9%
SU Suncor Energy Inc. 0.05% 4,133 $173K Reduce -3.3%
DINO HF Sinclair Corp. 0.05% 3,294 $172K Reduce -19.6%
MPLX MPLX LP 0.05% 3,450 $172K Add +3.3%
UAN CVR Partners LP 0.05% 1,912 $172K Reduce -0.1%
WDS Woodside Energy Group-ADR 0.05% 11,449 $172K Add +11.9%
EQNR Equinor ASA-Spon ADR 0.05% 7,067 $172K Add +14.4%
MTSR Metsera Inc. 0.05% 3,290 $172K Add +21.0%
RLAY Relay Therapeutics Inc. 0.05% 32,982 $172K Add +21.0%
CIVI Civitas Resources Inc. 0.05% 5,296 $172K Add +0.1%
AMT American Tower Corp. 0.05% 894 $172K Add +13.3%
KRP Kimbell Royalty Partners LP 0.05% 12,742 $172K Add +8.5%
CNQ Canadian Natural Resources 0.05% 5,377 $172K Add +4.6%
PBR Petroleo Brasileiro-Spon ADR 0.05% 13,574 $172K Add +3.4%
CVE Cenovus Energy Inc. 0.05% 10,103 $172K Reduce -13.8%
GLUE Monte Rosa Therapeutics Inc. 0.05% 23,128 $171K Add +21.0%
CHRD Chord Energy Corp. 0.05% 1,722 $171K Add +4.5%
EPRT Essential Properties Realty 0.05% 5,746 $171K Add +8.3%
FR First Industrial Realty TR 0.05% 3,320 $171K Reduce -4.9%
CSANY Cosan SA -ADR 0.05% 37,131 $171K Add +14.3%
MAA Mid-America Apartment Comm 0.05% 1,222 $171K Add +5.8%
INVH Invitation Homes Inc. 0.05% 5,815 $171K Add +14.3%
CPT Camden Property Trust 0.05% 1,596 $170K Add +7.5%
SPOK Spok Holdings Inc. filed as SPOK HLDGS INC 0.05% 9,866 $170K Reduce -3.9%
HESM Hess Midstream LP Class A 0.05% 4,913 $170K Add +10.3%
NOG Northern Oil and Gas Inc. 0.05% 6,822 $169K Add +24.3%
APLE Apple Hospitality REIT Inc. 0.05% 14,083 $169K Reduce -4.7%
AAT American Assets Trust Inc. 0.05% 8,321 $169K Reduce -1.9%
IMO Imperial Oil Ltd. 0.05% 1,863 $169K Reduce -12.0%
OVV Ovintiv Inc. 0.05% 4,182 $169K Add +1.2%
REXR Rexford Industrial Realty Inc. 0.05% 4,092 $168K Reduce -12.8%
BRY Berry Corp. 0.05% 44,499 $168K Reduce -14.4%
IVT Inventrust Properties Corp. 0.05% 5,865 $168K Reduce -4.8%
EOG EOG Resources Inc. 0.05% 1,496 $168K Add +9.3%
CRC California Resources Corp. 0.05% 3,154 $168K Reduce -14.3%
LXP LXP Industrial Trust 0.05% 18,666 $167K Reduce -4.9%
TRNO Terreno Realty Corp. 0.05% 2,935 $167K Reduce -1.2%
PTEN Patterson-Uti Energy Inc. 0.05% 32,033 $166K Add +18.6%
ARCT Arcturus Therapeutics Holdin 0.05% 9,002 $166K Add +21.0%
RCUS Arcus Biosciences Inc. 0.05% 12,169 $165K Add +21.0%
PHVS Pharvaris NV 0.05% 6,604 $165K Add +21.0%
SNDX Syndax Pharmaceuticals Inc. 0.05% 10,664 $164K Add +21.0%
ERAS Erasca Inc. 0.05% 74,371 $162K Add +21.0%
SANA Sana Biotechnology Inc. 0.05% 44,798 $159K Add +21.0%
ARQT Arcutis Biotherapeutics Inc. 0.05% 8,429 $159K Add +21.0%
BEAM Beam Therapeutics Inc. 0.05% 6,524 $158K Add +21.0%
IMTX Immatics NV 0.05% 18,532 $158K Add +21.0%
VRDN Viridian Therapeutics Inc. 0.04% 7,262 $157K Add +21.0%
BCAX Bicara Therapeutics Inc. 0.04% 9,835 $155K Add +21.0%
RNAM Avidity Biosciences Inc. 0.04% 3,540 $154K Add +21.0%
TYRA Tyra Biosciences Inc. 0.04% 11,015 $154K Add +21.0%
NAMS Newamsterdam Pharma Co. NV 0.04% 5,411 $154K Add +21.0%
KURA Kura Oncology Inc. 0.04% 17,085 $151K Add +21.0%
ANAB Anaptysbio Inc. 0.04% 4,860 $149K Add +21.0%
ZYME Zymeworks Inc. 0.04% 8,686 $148K Add +21.0%
ATXS Astria Therapeutics Inc. 0.04% 20,319 $148K Add +21.0%
CRNX Crinetics Pharmaceuticals Inc. 0.04% 3,537 $147K Add +21.0%
VERA Vera Therapeutics Inc. 0.04% 5,052 $147K Add +21.0%
CLDX Celldex Therapeutics Inc. 0.04% 5,592 $145K Add +21.0%
ABUS Arbutus Biopharma Corp. 0.04% 31,784 $144K Add +21.0%
CMPS Compass Pathways PLC 0.04% 25,174 $144K Add +21.0%
GPCR Structure Therapeutics Inc. 0.04% 5,121 $143K Add +21.0%
IRON Disc Medicine Inc. 0.04% 2,158 $143K Add +21.0%
XNCR Xencor Inc. 0.04% 12,066 $142K Add +21.0%
ORIC Oric Pharmaceuticals Inc. 0.04% 11,767 $141K Add +21.0%
ACLX Arcellx Inc. 0.04% 1,711 $140K Add +21.0%
TSHA Taysha Gene Therapies Inc. 0.04% 42,938 $140K Add +21.0%
XENE Xenon Pharmaceuticals Inc. 0.04% 3,469 $139K Add +21.0%
IDYA Ideaya Biosciences Inc. 0.04% 5,107 $139K Add +21.0%
KYMR Kymera Therapeutics Inc. 0.04% 2,406 $136K Add +21.0%
IMNM Immunome Inc. 0.04% 11,623 $136K Add +21.0%
BLTE Belite Bio Inc. - ADR 0.04% 1,831 $135K Add +21.0%
PTGX Protagonist Therapeutics Inc. 0.04% 2,020 $134K Add +21.0%
PRAX Praxis Precision Medicines I 0.04% 2,527 $134K Add +21.0%
KROS Keros Therapeutics Inc. 0.04% 8,342 $132K Add +21.0%
RVMD Revolution Medicines Inc. 0.04% 2,768 $129K Add +21.0%
ARVN Arvinas Inc. 0.04% 15,031 $128K Add +21.0%
ANNX Annexon Inc. 0.04% 41,987 $128K Add +21.0%
SRRK Scholar Rock Holding Corp. 0.04% 3,415 $127K Add +21.0%
GHRS GH Research PLC 0.04% 8,869 $127K Add +21.0%
NUVL Nuvalent Inc. Class A 0.04% 1,461 $126K Add +21.0%
VIR Vir Biotechnology Inc. 0.04% 21,798 $124K Add +21.0%
RCKT Rocket Pharmaceuticals Inc. 0.03% 37,064 $121K Add +21.0%
EWTX Edgewise Therapeutics Inc. 0.03% 7,380 $120K Add +21.0%
PCVX Vaxcyte Inc. 0.03% 3,302 $119K Add +21.0%
ELVN Enliven Therapeutics Inc. 0.03% 5,787 $118K Add +21.0%
SMMT Summit Therapeutics Inc. 0.03% 5,644 $117K Add +21.0%
WVE Wave Life Sciences Ltd. 0.03% 15,804 $116K Add +21.0%
IMVT Immunovant Inc. 0.03% 7,138 $115K Add +21.0%
RNAC Cartesian Therapeutics Inc. 0.03% 11,112 $114K Add +21.0%
DNLI Denali Therapeutics Inc. 0.03% 7,624 $111K Add +21.0%
BHVN Biohaven Ltd. 0.03% 7,299 $110K Add +21.0%
CVAC Curevac NV 0.03% 20,319 $110K Add +21.0%
JANX Janux Therapeutics Inc. 0.03% 4,452 $109K Add +21.0%
APGE Apogee Therapeutics Inc. 0.03% 2,718 $108K Add +21.0%
SYRE Spyre Therapeutics Inc. 0.03% 6,425 $108K Add +21.0%
RGNX Regenxbio Inc. 0.03% 11,155 $108K Add +21.0%
RXRX Recursion Pharmaceuticals-A 0.03% 22,009 $107K Add +21.0%
KALV Kalvista Pharmaceuticals Inc. 0.03% 8,693 $106K Add +21.0%
SLN Silence Therapeutics PLC-ADR 0.03% 20,374 $106K Add +21.0%
VKTX Viking Therapeutics Inc. 0.03% 3,982 $105K Add +21.0%
BCYC Bicycle Therapeutics PLC-ADR 0.03% 13,094 $101K Add +21.0%
AKRO Akero Therapeutics Inc. 0.03% 2,125 $101K Add +21.0%
ALLO Allogene Therapeutics Inc. 0.03% 81,276 $101K Add +21.0%
DYN Dyne Therapeutics Inc. 0.03% 7,869 $100K Add +21.0%
NGNE Neurogene Inc. 0.03% 5,578 $97K Add +21.0%
SLNO Soleno Therapeutics Inc. 0.03% 1,419 $96K Add +21.1%
AVBP Arrivent Biopharma Inc. 0.03% 4,816 $89K Add +21.0%
NRIX Nurix Therapeutics Inc. 0.03% 9,514 $88K Add +21.0%
AUTL Autolus Therapeutics PLC 0.02% 52,924 $86K Add +21.0%
MREO Mereo Biopharma Group PL-ADR 0.02% 40,930 $84K Add +21.0%
TRDA Entrada Therapeutics Inc. 0.02% 14,495 $84K Add +21.0%
TECX Tectonic Therapeutic Inc. 0.02% 5,071 $80K Add +21.0%
CGEM Cullinan Therapeutics Inc. 0.02% 12,714 $75K Add +21.0%
ALT Altimmune Inc. 0.02% 15,914 $60K Add +21.0%
CAPR Capricor Therapeutics Inc. 0.02% 8,163 $59K Add +21.0%
REPL Replimune Group Inc. 0.01% 11,511 $48K Add +21.0%
MLTX Moonlake Immunotherapeutics 0.01% 2,585 $19K Add +21.0%
Other holdings (1): bonds, preferreds, convertibles and warrants · $3K (not counted above)
SecurityClassShares / PrincipalValueChange
BLACKROCK INCOME TR-RT RIGHT 10/20/2025 58,703$3KReduce -3.4%

Total filed on the 13F, all lines: $349.3M.

Portfolio Sells Q2 2025 → Q3 2025
KKR KKR & Co. Inc. Sold out 0.00% −0.55
UAL United Airlines Holdings Inc. Sold out 0.00% −0.55
CBRE CBRE Group Inc. Class A Sold out 0.00% −0.54
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −0.54
LYV Live Nation Entertainment Inc. Sold out 0.00% −0.53
INCY Incyte Corp. Reduce -78.5% 0.16% −0.53
ECL Ecolab Inc. Sold out 0.00% −0.53
LDOS Leidos Holdings Inc. Sold out 0.00% −0.51
CTSH Cognizant Tech Solutions-A Sold out 0.00% −0.51
L Loews Corp. Sold out 0.00% −0.50
GD General Dynamics Corp. Sold out 0.00% −0.50
MET Metlife Inc. Sold out 0.00% −0.50
TSCO Tractor Supply Company Sold out 0.00% −0.50
NOC Northrop Grumman Corp. Sold out 0.00% −0.50
EXPE Expedia Group Inc. Sold out 0.00% −0.49
AMGN Amgen Inc. Reduce -76.8% 0.12% −0.49
WAT Waters Corp. Sold out 0.00% −0.48
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.48
PSA Public Storage Reduce -88.5% 0.05% −0.48
ZTS Zoetis Inc. Sold out 0.00% −0.48
RSG Republic Services Inc. Sold out 0.00% −0.47
ACGL Arch Capital Group Ltd. Sold out 0.00% −0.47
MRSH Marsh & McLennan Cos Sold out 0.00% −0.47
PG The Procter & Gamble Co. Sold out 0.00% −0.46
AAPL Apple Inc. Sold out 0.00% −0.46
MSI Motorola Solutions Inc. Sold out 0.00% −0.46
AFL Aflac Inc. Sold out 0.00% −0.46
LMT Lockheed Martin Corp. Sold out 0.00% −0.45
CHD Church & Dwight Co. Inc. Sold out 0.00% −0.45
OKTA Okta Inc. Sold out 0.00% −0.45
ROST Ross Stores Inc. Sold out 0.00% −0.43
LLY Eli Lilly & Co. Sold out 0.00% −0.41
CCIF Carlyle Credit Income Fund Sold out 0.00% −0.40
CPRT Copart Inc. Sold out 0.00% −0.38
XFRAX BlackRock Fltng RT Inc. Strat Sold out 0.00% −0.28
XEFRX Eaton Vance Sr FLTG Rate TR Sold out 0.00% −0.27
XPHDX Pioneer Floating Rate Fund Sold out 0.00% −0.26
BGX Blackstone Long-Short Credit Sold out 0.00% −0.24
RCL Royal Caribbean Cruises Ltd. Reduce -20.4% 0.48% −0.21
MPV Barings Participation Invest Sold out 0.00% −0.19
VST Vistra Corp. Reduce -14.5% 0.52% −0.19
CEG Constellation Energy Reduce -10.2% 0.53% −0.15
ORCL Oracle Corp. Reduce -26.1% 0.60% −0.14
RWAY Runway Growth Finance Corp. Reduce -11.4% 0.32% −0.13
TT Trane Technologies PLC Reduce -2.7% 0.47% −0.12
NVDA Nvidia Corp. Reduce -17.0% 0.55% −0.11
NTRS Northern Trust Corp. Reduce -6.7% 0.54% −0.10
SYF Synchrony Financial Reduce -6.7% 0.51% −0.10
HWM Howmet Aerospace Inc. Reduce -4.6% 0.55% −0.10
BTX BlackRock Tech & Priv Eqty Reduce -4.5% 0.26% −0.09

Portfolio Buys Q2 2025 → Q3 2025
LRCX Lam Research Corp. New 0.71% +0.71
HOOD Robinhood Markets Inc. Class A New 0.70% +0.70
GOOGL Alphabet Inc. Class A New 0.66% +0.66
OXLC Oxford Lane Capital Corp. New 0.63% +0.63
TKO Tko Group Holdings Inc. New 0.62% +0.62
KLAC KLA Corp. New 0.61% +0.61
IDXX Idexx Laboratories Inc. New 0.59% +0.59
MS Morgan Stanley New 0.59% +0.59
ATO Atmos Energy Corp. New 0.58% +0.58
URI United Rentals Inc. New 0.56% +0.56
VRT Vertiv Holdings Co. Class A New 0.56% +0.56
CDNS Cadence Design SYS Inc. New 0.55% +0.55
ULTA Ulta Beauty Inc. New 0.55% +0.55
WSM Williams-Sonoma Inc. New 0.54% +0.54
DAL Delta Air Lines Inc. New 0.54% +0.54
MSFT Microsoft Corp. New 0.53% +0.53
AJG Arthur J Gallagher & Co. New 0.53% +0.53
PTC PTC Inc. New 0.52% +0.52
HUBB Hubbell Inc. New 0.52% +0.52
AON Aon PLC Class A New 0.51% +0.51
TPL Texas Pacific Land Corp. New 0.50% +0.50
ETN Eaton Corp. PLC New 0.50% +0.50
DDOG Datadog Inc. Class A New 0.50% +0.50
AMZN Amazon.com Inc. New 0.49% +0.49
TYL Tyler Technologies Inc. New 0.49% +0.49
MCO Moody's Corp. New 0.49% +0.49
YUMC Yum China Holdings Inc. New 0.48% +0.48
CSGP Costar Group Inc. New 0.47% +0.47
XYZ Block Inc. New 0.47% +0.47
COIN Coinbase Global Inc. Class A New 0.47% +0.47
LPLA LPL Financial Holdings Inc. New 0.45% +0.45
PYPL PayPal Holdings Inc. New 0.45% +0.45
INTU Intuit Inc. New 0.45% +0.45
LII Lennox International Inc. New 0.42% +0.42
TSLA Tesla Inc. Add +15.7% 0.72% +0.19
BGB Blackstone Strategic Credit New 0.19% +0.19
NEM Newmont Corp. Add +12.0% 0.69% +0.19
EA Electronic Arts Inc. Add +27.5% 0.70% +0.19
FSCO FS Credit Opportunities Corp. New 0.18% +0.18
TJX TJX Companies Inc. Add +33.5% 0.60% +0.15
SPMC Sound Point Meridian Capital New 0.14% +0.14
BRK.B Berkshire Hathaway Inc. Class B Add +46.0% 0.55% +0.12
MSIF MSC Income Fund Inc. New 0.11% +0.11
WRB WR Berkley Corp. Add +37.1% 0.59% +0.10
WELL Welltower Inc. Add +22.8% 0.59% +0.10
ALL Allstate Corp. Add +32.9% 0.59% +0.10
CELC Celcuity Inc. Add +21.0% 0.13% +0.09
ZM Zoom Communications Inc. Add +33.4% 0.57% +0.09
QURE Uniqure NV Add +21.0% 0.12% +0.09
TRV The Travelers Cos Inc. Add +34.4% 0.57% +0.09

Notes & Other Activity Q2 2025 → Q3 2025
BLACKROCK INCOME TR-RT RIGHT 10/20/2025 Reduce -3.4% 58,703 $3K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 463$429.2MMU, DDOG, MRVL, INCY, AMAT
Q1 2026 450$362.5MGILD, AMGN, REGN, IBRX, VRTX
Q4 2025 461$367.9MINCY, MU, NEM, EXPD, CMI
Q3 2025 439$349.2MAPP, TSLA, LRCX, HOOD, EA
Q2 2025 439$295.8MORCL, OCCI, VST, RCL, INCY
Q1 2025 469$362.9MVABS, VSHY, SEIX, SMC, OCCI
Q4 2024 289$124.1MIBN, VCLN, AAPL, MSFT, PRIM
Q3 2024 266$123.7MIBN, VCLN, JAAA, MSFT, TMHC
Q2 2024 250$110.0MNVDA, IBN, VCLN, MSFT, AAPL
Q1 2024 261$136.5MEMNT, VCLN, MSFT, NVDA, IBN