Wellington Management Group LLP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Wellington Management Group LLP reported 1,802 stock positions worth $518.8 billion. Its top holding was Microsoft (MSFT) at 3.6% of the portfolio, followed by Apple (AAPL, 3.5%) and Nvidia (NVDA, 2.9%). Compared with Q4 2024, it opened 133 new positions, sold out of 127, added to 795 and reduced 850. The biggest buy was Mastercard Class A (MA, shares +39%) and the biggest sale Nvidia (NVDA, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0000902219
- Portfolio Value
- $518.8B (Q1 2025)
- SEC Filing
- 0000902219-25-000242 ↗ filed May 13, 2025
Holdings Value
Holdings 1,802 stocks · $518.8B
| MSFT Microsoft Corp. | 3.62% | 49,984,045 | $18.8B | Reduce -5.7% |
| AAPL Apple Inc. | 3.53% | 82,455,046 | $18.3B | Reduce -7.6% |
| NVDA Nvidia Corp. | 2.86% | 136,948,140 | $14.8B | Reduce -3.5% |
| UNH Unitedhealth Group Inc. | 2.61% | 25,847,940 | $13.5B | Add +10.7% |
| AMZN Amazon.com Inc. | 2.38% | 64,811,692 | $12.3B | Reduce -2.4% |
| LLY Eli Lilly & Co. | 2.02% | 12,707,512 | $10.5B | Add +0.7% |
| AVGO Broadcom Inc. | 1.90% | 58,976,896 | $9.9B | Add +26.8% |
| GOOGL Alphabet Inc. Class A | 1.67% | 56,000,567 | $8.7B | Reduce -15.2% |
| MA Mastercard Inc. Class A | 1.43% | 13,526,118 | $7.4B | Add +38.6% |
| MRK Merck & Co. Inc. | 1.41% | 81,669,651 | $7.3B | Add +1.1% |
| JPM JPMorgan Chase & Co. | 1.13% | 23,865,573 | $5.9B | Reduce -18.6% |
| META Meta Platforms Inc. Class A | 1.12% | 10,041,171 | $5.8B | Add +2.5% |
| WFC Wells Fargo & Co. | 0.98% | 70,965,379 | $5.1B | Reduce -18.7% |
| AXP American Express Co. | 0.93% | 18,025,562 | $4.8B | Add +13.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.81% | 34,461,660 | $4.2B | Reduce -1.1% |
| NFLX Netflix Inc. | 0.79% | 4,385,666 | $4.1B | Add +3.5% |
| ABT Abbott Laboratories | 0.76% | 29,763,415 | $3.9B | Add +12.8% |
| V Visa Inc. Class A | 0.74% | 10,979,720 | $3.8B | Add +17.7% |
| PG The Procter & Gamble Co. | 0.73% | 22,263,429 | $3.8B | Reduce -8.1% |
| JNJ Johnson & Johnson | 0.72% | 22,645,961 | $3.8B | Reduce -7.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.72% | 89,942,537 | $3.8B | Add +36.5% |
| ACN Accenture PLC Class A | 0.72% | 11,990,715 | $3.7B | Reduce -1.5% |
| MCD McDonald's Corp. | 0.71% | 11,851,904 | $3.7B | Reduce -15.4% |
| DHR Danaher Corp. | 0.70% | 17,700,708 | $3.6B | Reduce -17.0% |
| TXN Texas Instruments Inc. | 0.68% | 19,582,696 | $3.5B | Reduce -6.2% |
| LIN Linde PLC | 0.68% | 7,542,991 | $3.5B | Add +18.6% |
| SRE Sempra | 0.67% | 48,686,047 | $3.5B | Add +26.8% |
| INTU Intuit Inc. | 0.67% | 5,655,249 | $3.5B | Add +6.8% |
| PM Philip Morris International | 0.67% | 21,840,422 | $3.5B | Add +26.4% |
| TMUS T-Mobile US Inc. | 0.66% | 12,846,939 | $3.4B | Add +1.7% |
| KO The Coca-Cola Co. | 0.66% | 47,447,430 | $3.4B | Add +52.7% |
| XOM Exxon Mobil Corp. | 0.65% | 28,295,926 | $3.4B | Reduce -5.4% |
| BSX Boston Scientific Corp. | 0.65% | 33,197,842 | $3.3B | Reduce -8.2% |
| HON Honeywell International Inc. | 0.64% | 15,751,951 | $3.3B | Add +8.9% |
| COP Conocophillips | 0.64% | 31,610,608 | $3.3B | Add +1.4% |
| SPGI S&P Global Inc. | 0.63% | 6,446,793 | $3.3B | Reduce -17.3% |
| WELL Welltower Inc. | 0.63% | 21,289,684 | $3.3B | Add +14.0% |
| MRSH Marsh & McLennan Cos | 0.60% | 12,814,788 | $3.1B | Add +54.2% |
| GOOG Alphabet Inc. Class C | 0.60% | 19,963,633 | $3.1B | Reduce -13.3% |
| GILD Gilead Sciences Inc. | 0.59% | 27,358,967 | $3.1B | Reduce -23.3% |
| NKE Nike Inc. Class B | 0.56% | 45,383,916 | $2.9B | Add +24.9% |
| TRGP Targa Resources Corp. | 0.53% | 13,790,955 | $2.8B | Add +7.5% |
| ORLY O'reilly Automotive Inc. | 0.53% | 1,924,603 | $2.8B | Add +20.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.51% | 5,454,748 | $2.6B | Reduce -7.8% |
| NOC Northrop Grumman Corp. | 0.51% | 5,139,333 | $2.6B | Add +23.4% |
| PFE Pfizer Inc. | 0.51% | 103,493,699 | $2.6B | Reduce -26.1% |
| AZN Astrazeneca PLC-Spons ADR | 0.50% | 35,630,680 | $2.6B | Reduce -3.8% |
| ELV Elevance Health Inc. | 0.49% | 5,794,794 | $2.5B | Reduce -8.8% |
| DE Deere & Co. | 0.48% | 5,290,009 | $2.5B | Reduce -21.6% |
| NDAQ Nasdaq Inc. | 0.48% | 32,729,519 | $2.5B | Reduce -6.4% |
| EQT Eqt Corp. | 0.47% | 45,891,210 | $2.5B | Reduce -14.0% |
| NXPI NXP Semiconductors NV | 0.47% | 12,731,044 | $2.4B | Add +11.7% |
| CTRA Coterra Energy Inc. | 0.47% | 83,631,117 | $2.4B | Add +15.3% |
| AEP American Electric Power | 0.47% | 22,102,537 | $2.4B | Add +24.3% |
| UBER Uber Technologies Inc. | 0.46% | 32,919,163 | $2.4B | Reduce -12.9% |
| SYK Stryker Corp. | 0.46% | 6,395,926 | $2.4B | Reduce -23.7% |
| KKR KKR & Co. Inc. | 0.45% | 19,978,951 | $2.3B | Reduce -9.0% |
| TSLA Tesla Inc. | 0.44% | 8,888,253 | $2.3B | Reduce -12.6% |
| MS Morgan Stanley | 0.43% | 19,305,043 | $2.3B | Reduce -7.6% |
| CCI Crown Castle Inc. | 0.43% | 21,387,895 | $2.2B | Add +2.6% |
| AIG American International Group | 0.43% | 25,430,494 | $2.2B | Reduce -5.1% |
| CB Chubb Ltd. | 0.42% | 7,171,879 | $2.2B | Reduce -16.0% |
| EW Edwards Lifesciences Corp. | 0.41% | 29,134,790 | $2.1B | Reduce -12.3% |
| CSCO Cisco Systems Inc. | 0.40% | 33,210,159 | $2.0B | Reduce -22.8% |
| CRM Salesforce Inc. | 0.39% | 7,609,848 | $2.0B | Reduce -9.1% |
| ARES Ares Management Corp. Class A | 0.38% | 13,616,373 | $2.0B | Reduce -11.5% |
| HD Home Depot Inc. | 0.38% | 5,367,427 | $2.0B | Reduce -21.6% |
| PCAR Paccar Inc. | 0.38% | 20,177,930 | $2.0B | Add +20.1% |
| ATO Atmos Energy Corp. | 0.37% | 12,321,994 | $1.9B | Reduce -6.2% |
| SBUX Starbucks Corp. | 0.37% | 19,414,472 | $1.9B | Add +22.3% |
| HCA HCA Healthcare Inc. | 0.35% | 5,242,431 | $1.8B | Reduce -18.9% |
| WMB Williams Cos Inc. | 0.34% | 29,624,104 | $1.8B | Add +6.0% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.34% | 9,894,065 | $1.8B | Add +33.1% |
| DUK Duke Energy Corp. | 0.33% | 14,221,646 | $1.7B | Reduce -11.7% |
| ISRG Intuitive Surgical Inc. | 0.33% | 3,499,052 | $1.7B | Add +15.0% |
| MPC Marathon Petroleum Corp. | 0.33% | 11,824,177 | $1.7B | Add +18.7% |
| EMR Emerson Electric Co. | 0.32% | 15,280,950 | $1.7B | Add +6.9% |
| UL Unilever PLC | 0.32% | 28,100,442 | $1.7B | Add +13.9% |
| NOW ServiceNow Inc. | 0.32% | 2,091,279 | $1.7B | Reduce -29.2% |
| KDP Keurig Dr Pepper Inc. | 0.32% | 48,287,740 | $1.7B | Reduce -20.3% |
| CNI Canadian Natl Railway Co. | 0.30% | 16,136,037 | $1.6B | Reduce -7.7% |
| AMT American Tower Corp. | 0.30% | 7,146,348 | $1.6B | Reduce -11.6% |
| TSCO Tractor Supply Company | 0.29% | 27,604,769 | $1.5B | Add +16.0% |
| B Barrick Gold Corp. | 0.29% | 77,989,866 | $1.5B | Add +21.3% |
| COR Cencora Inc. | 0.29% | 5,421,262 | $1.5B | Add +7.2% |
| KVUE Kenvue Inc. | 0.28% | 61,469,180 | $1.5B | Reduce -10.1% |
| BMY Bristol-Myers Squibb Co. | 0.28% | 23,728,443 | $1.4B | Add +297.0% |
| RSG Republic Services Inc. | 0.28% | 5,939,202 | $1.4B | Add +0.7% |
| ADP Automatic Data Processing | 0.27% | 4,657,707 | $1.4B | Reduce -17.9% |
| JCI Johnson Controls Internation | 0.27% | 17,715,278 | $1.4B | Reduce -7.3% |
| EQIX Equinix Inc. | 0.27% | 1,732,415 | $1.4B | Reduce -4.0% |
| TW Tradeweb Markets Inc. Class A | 0.27% | 9,380,121 | $1.4B | Reduce -5.4% |
| PEP Pepsico Inc. | 0.27% | 9,218,011 | $1.4B | Reduce -21.7% |
| RJF Raymond James Financial Inc. | 0.27% | 9,935,440 | $1.4B | Reduce -3.8% |
| MAR Marriott International Class A | 0.25% | 5,427,410 | $1.3B | Add +16.4% |
| UNP Union Pacific Corp. | 0.25% | 5,435,643 | $1.3B | Reduce -6.1% |
| SPOT Spotify Technology SA | 0.24% | 2,298,713 | $1.3B | Reduce -9.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 2,359,877 | $1.3B | Add +43.6% |
| UPS United Parcel Service Class B | 0.24% | 11,400,472 | $1.3B | Reduce -23.7% |
| PH Parker Hannifin Corp. | 0.24% | 2,009,250 | $1.2B | Add +11.6% |
Options reported separately and not counted above: SOFI puts ($5.1M), SPY puts ($3.5M), EFA puts ($2.1M), HYG puts ($792K), OVV puts ($591K), AVGO puts ($505K), SU puts ($504K), MSTR puts ($475K), SMH puts ($436K), ARM puts ($319K), TPL puts ($267K), AMZN puts ($238K), and 4 more.
Other holdings (115): bonds, preferreds, convertibles and warrants · $1.0B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 56,303,000 | $53.1M | New |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 42,168,000 | $51.4M | Add +57.2% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 46,902,000 | $40.4M | Add +75.3% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 31,735,000 | $38.3M | Add +288.9% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 36,809,000 | $35.9M | Add +72.3% |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | 33,707,000 | $33.4M | Add +12.4% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 28,686,000 | $30.5M | Add +63.7% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 27,563,000 | $29.6M | Add +19.0% |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 28,255,000 | $23.8M | New |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 25,167,000 | $22.0M | Reduce -23.1% |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | 25,633,000 | $21.8M | Add +71.9% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 16,939,000 | $20.1M | Add +472.6% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 20,593,000 | $18.3M | Add +94.8% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 15,718,000 | $18.1M | Reduce -17.6% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 18,574,000 | $17.8M | Reduce -33.4% |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 11,819,000 | $17.5M | Add +30.1% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 18,685,000 | $16.7M | Add +81.9% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 19,228,000 | $16.3M | Reduce -38.0% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 17,611,000 | $16.2M | Add +225.3% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 13,390,000 | $15.5M | Add +518.5% |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 15,075,000 | $15.1M | Reduce -4.7% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 15,330,000 | $14.9M | Add +43.0% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 10,595,000 | $14.8M | Add +26.6% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 12,239,000 | $14.0M | Add +9.7% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 235,858 | $13.9M | Add +10.3% |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 13,557,000 | $13.5M | Reduce -9.4% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 11,674,000 | $13.5M | New |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 13,257,000 | $13.5M | Add +18.9% |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 14,925,000 | $13.2M | No change |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 11,630,000 | $13.1M | Add +1.7% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 12,192,000 | $13.1M | Add +54.5% |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | 14,365,000 | $11.8M | New |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 12,279,000 | $11.5M | Reduce -20.4% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 11,614,000 | $11.4M | Add +8.8% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 239,315 | $11.3M | Reduce -79.8% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 11,684,000 | $11.1M | Add +74.2% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 10,385,000 | $10.4M | New |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 10,122,000 | $9.8M | Reduce -10.2% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 7,983,000 | $9.6M | Reduce -59.7% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 9,100,000 | $9.5M | Add +264.0% |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 8,574,000 | $8.9M | Add +52.2% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 7,679,000 | $8.6M | Add +0.7% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 6,767,000 | $8.1M | Add +72.8% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 8,975,000 | $7.6M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 205,418 | $7.4M | New |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 7,345,000 | $7.1M | Reduce -34.6% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 5,860 | $7.0M | Reduce -16.4% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 6,864,000 | $6.8M | Reduce -21.2% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 5,155,000 | $6.7M | Add +24.1% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 6,305,000 | $6.3M | Add +132.2% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 6,878,000 | $6.3M | New |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 5,740,000 | $6.0M | Add +108.8% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 5,064,045 | $5.7M | Add +609.2% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 5,658,000 | $5.4M | Add +1.1% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 5,058,000 | $5.4M | Reduce -69.0% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 5,471,000 | $5.1M | Add +30.6% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 4,081,000 | $5.0M | Add +59.4% |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 4,355,000 | $4.9M | Add +104.9% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 5,063,000 | $4.9M | Add +23.0% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 5,379,000 | $4.8M | Reduce -44.8% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 3,478,000 | $4.2M | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 4,253,000 | $3.9M | No change |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 96,838 | $3.9M | No change |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 86,500 | $3.8M | Reduce -45.4% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 3,860,000 | $3.6M | Reduce -0.6% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 2,500,000 | $3.0M | New |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 2,668,000 | $2.9M | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,222 | $2.7M | Reduce -71.5% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 1,131,000 | $2.6M | Add +40.0% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 2,275,000 | $2.6M | New |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 2,500,000 | $2.6M | New |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | 673,000 | $2.3M | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 2,362,000 | $2.3M | Reduce -17.5% |
| HEALTH CATALYST INC (HCAT 2.5 04/15/25) | NOTE 2.500% 4/1 · principal | 2,280,000 | $2.3M | No change |
| BANDWIDTH INC (BAND 0.25 03/01/26) | NOTE 0.250% 3/0 · principal | 2,330,000 | $2.1M | Reduce -19.1% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 1,590,000 | $2.1M | New |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 2,360,000 | $2.1M | New |
| CARDLYTICS INC (CDLX 1 09/15/25) | NOTE 1.000% 9/1 · principal | 2,245,000 | $2.1M | No change |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 1,500,000 | $1.9M | No change |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 1,700,000 | $1.8M | New |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 1,943,000 | $1.8M | Reduce -48.6% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 36,611 | $1.8M | New |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 1,735,000 | $1.7M | New |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 1,775,000 | $1.7M | New |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 1,500,000 | $1.6M | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 1,500,000 | $1.6M | New |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 1,415,000 | $1.5M | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 1,425,000 | $1.5M | No change |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | 15,855,000 | $1.4M | No change |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 1,598,000 | $1.4M | Reduce -78.2% |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | 1,285,000 | $1.3M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 1,375,000 | $1.3M | New |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 469,000 | $1.2M | Add +58.5% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 1,150,000 | $1.1M | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 1,170,000 | $1.1M | Reduce -14.6% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 750,000 | $1.1M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 1,085,000 | $1.1M | New |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 950,000 | $931K | New |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 940,000 | $898K | Reduce -82.9% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 865,000 | $891K | No change |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 970,000 | $885K | Reduce -1.0% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 763,000 | $857K | No change |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 960,000 | $850K | Reduce -74.2% |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | 860,000 | $837K | Reduce -81.3% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 884,000 | $816K | Add +30.2% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 750,000 | $781K | New |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 674,000 | $727K | No change |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 643,000 | $718K | Reduce -83.2% |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 806,000 | $641K | Reduce -54.7% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 515,000 | $472K | Reduce -97.5% |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 3,390,000 | $405K | No change |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 385,000 | $359K | Reduce -91.3% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 265,000 | $266K | Reduce -94.0% |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 250,000 | $264K | New |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 1,820,000 | $159K | No change |
Total filed on the 13F, all lines: $519.8B.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -3.5% | 2.86% | −0.63 |
| GOOGL Alphabet Inc. Class A | Reduce -15.2% | 1.67% | −0.62 |
| AAPL Apple Inc. | Reduce -7.6% | 3.53% | −0.57 |
| MSFT Microsoft Corp. | Reduce -5.7% | 3.62% | −0.48 |
| TSLA Tesla Inc. | Reduce -12.6% | 0.44% | −0.31 |
| AMZN Amazon.com Inc. | Reduce -2.4% | 2.38% | −0.29 |
| NOW ServiceNow Inc. | Reduce -29.2% | 0.32% | −0.25 |
| GD General Dynamics Corp. | Reduce -55.2% | 0.20% | −0.21 |
| MRVL Marvell Technology Inc. | Reduce -68.1% | 0.05% | −0.20 |
| GOOG Alphabet Inc. Class C | Reduce -13.3% | 0.60% | −0.20 |
| DHR Danaher Corp. | Reduce -17.0% | 0.70% | −0.20 |
| PFE Pfizer Inc. | Reduce -26.1% | 0.51% | −0.18 |
| JPM JPMorgan Chase & Co. | Reduce -18.6% | 1.13% | −0.16 |
| KKR KKR & Co. Inc. | Reduce -9.0% | 0.45% | −0.15 |
| DAL Delta Air Lines Inc. | Reduce -76.0% | 0.03% | −0.15 |
| WFC Wells Fargo & Co. | Reduce -18.7% | 0.98% | −0.14 |
| QCOM Qualcomm Inc. | Reduce -54.4% | 0.13% | −0.14 |
| CRM Salesforce Inc. | Reduce -9.1% | 0.39% | −0.12 |
| ARES Ares Management Corp. Class A | Reduce -11.5% | 0.38% | −0.11 |
| MDT Medtronic PLC | Reduce -68.0% | 0.07% | −0.11 |
| HD Home Depot Inc. | Reduce -21.6% | 0.38% | −0.11 |
| UPS United Parcel Service Class B | Reduce -23.7% | 0.24% | −0.10 |
| OMC Omnicom Group | Reduce -58.3% | 0.07% | −0.10 |
| SYK Stryker Corp. | Reduce -23.7% | 0.46% | −0.09 |
| LNG Cheniere Energy Inc. | Reduce -91.5% | 0.01% | −0.09 |
| GLW Corning Inc. | Reduce -35.5% | 0.16% | −0.09 |
| PGR Progressive Corp. | Reduce -44.0% | 0.20% | −0.09 |
| EIX Edison International | Reduce -92.8% | 0.00% | −0.08 |
| COF Capital One Financial Corp. | Reduce -96.3% | 0.00% | −0.08 |
| SPGI S&P Global Inc. | Reduce -17.3% | 0.63% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -70.7% | 0.03% | −0.08 |
| ANET Arista Networks Inc. | Reduce -8.7% | 0.15% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -22.8% | 0.40% | −0.07 |
| IT Gartner Inc. | Reduce -43.2% | 0.08% | −0.07 |
| HES Hess Corp. | Reduce -77.9% | 0.03% | −0.07 |
| ACN Accenture PLC Class A | Reduce -1.5% | 0.72% | −0.06 |
| EXC Exelon Corp. | Reduce -43.1% | 0.17% | −0.06 |
| PEP Pepsico Inc. | Reduce -21.7% | 0.27% | −0.06 |
| FMC FMC Corp. | Reduce -51.0% | 0.05% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Reduce -27.0% | 0.10% | −0.06 |
| CNC Centene Corp. | Reduce -36.0% | 0.11% | −0.06 |
| TFII Tfi International Inc. | Sold out | 0.00% | −0.05 |
| SYY Sysco Corp. | Reduce -97.2% | 0.00% | −0.05 |
| VRT Vertiv Holdings Co. Class A | Reduce -26.8% | 0.05% | −0.05 |
| LMT Lockheed Martin Corp. | Reduce -19.6% | 0.18% | −0.05 |
| KNX Knight-Swift Transportation | Reduce -25.2% | 0.09% | −0.05 |
| MSI Motorola Solutions Inc. | Reduce -54.7% | 0.04% | −0.05 |
| MS Morgan Stanley | Reduce -7.6% | 0.43% | −0.05 |
| EA Electronic Arts Inc. | Reduce -98.2% | 0.00% | −0.05 |
| DE Deere & Co. | Reduce -21.6% | 0.48% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| MA Mastercard Inc. Class A | Add +38.6% | 1.43% | +0.49 |
| UNH Unitedhealth Group Inc. | Add +10.7% | 2.61% | +0.44 |
| KO The Coca-Cola Co. | Add +52.7% | 0.66% | +0.30 |
| PM Philip Morris International | Add +26.4% | 0.67% | +0.29 |
| MRSH Marsh & McLennan Cos | Add +54.2% | 0.60% | +0.28 |
| LLY Eli Lilly & Co. | Add +0.7% | 2.02% | +0.23 |
| BMY Bristol-Myers Squibb Co. | Add +297.0% | 0.28% | +0.22 |
| ABT Abbott Laboratories | Add +12.8% | 0.76% | +0.21 |
| SCHW Schwab (charles) Corp. | Add +595.7% | 0.23% | +0.20 |
| V Visa Inc. Class A | Add +17.7% | 0.74% | +0.20 |
| WELL Welltower Inc. | Add +14.0% | 0.63% | +0.20 |
| BAC Bank of America Corp. | Add +36.5% | 0.72% | +0.19 |
| LIN Linde PLC | Add +18.6% | 0.68% | +0.19 |
| ORLY O'reilly Automotive Inc. | Add +20.8% | 0.53% | +0.18 |
| AEP American Electric Power | Add +24.3% | 0.47% | +0.16 |
| TMUS T-Mobile US Inc. | Add +1.7% | 0.66% | +0.15 |
| NOC Northrop Grumman Corp. | Add +23.4% | 0.51% | +0.15 |
| CTRA Coterra Energy Inc. | Add +15.3% | 0.47% | +0.13 |
| ICE Intercontinental Exchange Inc. | Add +114.0% | 0.20% | +0.12 |
| NEE Nextera Energy Inc. | Add +224.8% | 0.17% | +0.12 |
| TRGP Targa Resources Corp. | Add +7.5% | 0.53% | +0.11 |
| CME Cme Group Inc. | Add +370.5% | 0.14% | +0.11 |
| B Barrick Gold Corp. | Add +21.3% | 0.29% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +43.6% | 0.24% | +0.11 |
| SBUX Starbucks Corp. | Add +22.3% | 0.37% | +0.10 |
| TT Trane Technologies PLC | Add +245.1% | 0.14% | +0.10 |
| WMT Walmart Inc. | Add +527.1% | 0.11% | +0.10 |
| NFLX Netflix Inc. | Add +3.5% | 0.79% | +0.10 |
| AON Aon PLC Class A | New | 0.09% | +0.09 |
| ROP Roper Technologies Inc. | Add +92.3% | 0.16% | +0.09 |
| DKS Dick's Sporting Goods Inc. | Add +416.9% | 0.11% | +0.09 |
| MTB M & T Bank Corp. | Add +33.1% | 0.34% | +0.08 |
| CCI Crown Castle Inc. | Add +2.6% | 0.43% | +0.08 |
| COR Cencora Inc. | Add +7.2% | 0.29% | +0.08 |
| STZ Constellation Brands Inc. Class A | Add +127.9% | 0.16% | +0.08 |
| MPC Marathon Petroleum Corp. | Add +18.7% | 0.33% | +0.08 |
| CASY Casey's General Stores Inc. | Add +190.6% | 0.10% | +0.07 |
| COP Conocophillips | Add +1.4% | 0.64% | +0.07 |
| AXP American Express Co. | Add +13.7% | 0.93% | +0.07 |
| IWF iShares Russell 1000 Growth | Add +311.4% | 0.09% | +0.07 |
| UL Unilever PLC | Add +13.9% | 0.32% | +0.07 |
| APH Amphenol Corp. Class A | Add +73.5% | 0.15% | +0.06 |
| WMB Williams Cos Inc. | Add +6.0% | 0.34% | +0.06 |
| META Meta Platforms Inc. Class A | Add +2.5% | 1.12% | +0.06 |
| TSCO Tractor Supply Company | Add +16.0% | 0.29% | +0.06 |
| CAH Cardinal Health Inc. | Add +1666.7% | 0.06% | +0.06 |
| RSG Republic Services Inc. | Add +0.7% | 0.28% | +0.06 |
| TRU Transunion | Add +61.2% | 0.17% | +0.06 |
| INTU Intuit Inc. | Add +6.8% | 0.67% | +0.06 |
| PCAR Paccar Inc. | Add +20.1% | 0.38% | +0.06 |
Options Activity Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 18,012 | $14.0Mbefore exit |
| KRE SS SPDR S&P Regional Bank | put | Sold out | 10,282,500 | $12.9Mbefore exit |
| IWM iShares Russell 2000 ETF | put | Sold out | 36,906 | $8.5Mbefore exit |
| SOFI Sofi Technologies Inc. | put | Reduce -98.9% | 70,775 | $5.1M |
| SYBT Stock Yards Bancorp Inc. | put | Sold out | 1,360,000 | $4.9Mbefore exit |
| DFS Discover Financial Services | put | Sold out | 6,082 | $4.7Mbefore exit |
| IYR iShares US Real Estate ETF | put | Sold out | 42,474 | $4.0Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 2,234 | $3.5M |
| TLT iShares 20+ Year Treasury BD | put | Sold out | 7,232 | $2.9Mbefore exit |
| EFA iShares MSCI Eafe ETF | put | Add +50629.4% | 4,107,559 | $2.1M |
| XLF SS Financial Select Sector | put | Sold out | 7,814,250 | $1.9Mbefore exit |
| EWZ iShares MSCI Brazil ETF | put | Sold out | 41,531 | $1.9Mbefore exit |
| XYZ Block Inc. | put | Sold out | 5,697 | $1.7Mbefore exit |
| BFH Bread Financial Holdings Inc. | put | Sold out | 370,000 | $1.2Mbefore exit |
| GABC German American Bancorp | put | Sold out | 520,000 | $1.0Mbefore exit |
| ARKK ARK Innovation ETF | put | Sold out | 5,377 | $908Kbefore exit |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | New | 18,000 | $792K |
| FANG Diamondback Energy Inc. | put | Sold out | 552 | $654Kbefore exit |
| COF Capital One Financial Corp. | put | Sold out | 4,302 | $645Kbefore exit |
| DVN Devon Energy Corp. | put | Sold out | 1,510 | $634Kbefore exit |
| OVV Ovintiv Inc. | put | Add +1.4% | 2,597 | $591K |
| AVGO Broadcom Inc. | put | Add +44.3% | 906 | $505K |
| SU Suncor Energy Inc. | put | Add +1.5% | 5,505 | $504K |
| MSTR Strategy Inc. | put | New | 296 | $475K |
| APP AppLovin Corp. Class A | put | Sold out | 110 | $440Kbefore exit |
| SMH Vaneck Semiconductor ETF | put | Reduce -90.3% | 765 | $436K |
| ARM Arm Holdings PLC-ADR | put | New | 554 | $319K |
| SHOP Shopify Inc. Class A | put | Sold out | 1,248 | $306Kbefore exit |
| SOXX iShares Semiconductor ETF | put | Sold out | 2,799 | $280Kbefore exit |
| AMZN Amazon.com Inc. | put | New | 553 | $238K |
| NVDA Nvidia Corp. | put | Sold out | 1,291 | $232Kbefore exit |
| ORCL Oracle Corp. | put | New | 316 | $231K |
| NVDA Nvidia Corp. | call | New | 1,524 | $230K |
| AMD Advanced Micro Devices | put | New | 393 | $222K |
| FOUR SHIFT4 Payments Inc. Class A | put | Sold out | 2,403 | $216Kbefore exit |
| RDDT Reddit Inc. Class A | put | New | 317 | $214K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | New | 56,303,000 | $53.1M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +57.2% | 42,168,000 | $51.4M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Add +75.3% | 46,902,000 | $40.4M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +288.9% | 31,735,000 | $38.3M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Add +72.3% | 36,809,000 | $35.9M |
| NCL CORPORATION LTD (NCLH 2.5 02/15/27) | NOTE 2.500% 2/1 · principal | Add +12.4% | 33,707,000 | $33.4M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Add +63.7% | 28,686,000 | $30.5M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Add +19.0% | 27,563,000 | $29.6M |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | Sold out | 20,945,000 | $26.5Mbefore exit |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | New | 28,255,000 | $23.8M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -23.1% | 25,167,000 | $22.0M |
| ENPHASE ENERGY INC (ENPH 0 03/01/28) | NOTE 3/0 · principal | Add +71.9% | 25,633,000 | $21.8M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Sold out | 19,470,000 | $20.2Mbefore exit |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Add +472.6% | 16,939,000 | $20.1M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +94.8% | 20,593,000 | $18.3M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Reduce -17.6% | 15,718,000 | $18.1M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -33.4% | 18,574,000 | $17.8M |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Add +30.1% | 11,819,000 | $17.5M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Add +81.9% | 18,685,000 | $16.7M |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Reduce -38.0% | 19,228,000 | $16.3M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +225.3% | 17,611,000 | $16.2M |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | Add +518.5% | 13,390,000 | $15.5M |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Reduce -4.7% | 15,075,000 | $15.1M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Add +43.0% | 15,330,000 | $14.9M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +26.6% | 10,595,000 | $14.8M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Add +9.7% | 12,239,000 | $14.0M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +10.3% | 235,858 | $13.9M |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | Reduce -9.4% | 13,557,000 | $13.5M |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | New | 11,674,000 | $13.5M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Add +18.9% | 13,257,000 | $13.5M |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Add +1.7% | 11,630,000 | $13.1M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Add +54.5% | 12,192,000 | $13.1M |
| NIO INC (NIO 0.5 02/01/27) | NOTE 0.500% 2/0 · principal | Sold out | 12,115,000 | $12.0Mbefore exit |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | NOTE 3.500%12/0 · principal | New | 14,365,000 | $11.8M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -20.4% | 12,279,000 | $11.5M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +8.8% | 11,614,000 | $11.4M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -79.8% | 239,315 | $11.3M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +74.2% | 11,684,000 | $11.1M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | New | 10,385,000 | $10.4M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Reduce -10.2% | 10,122,000 | $9.8M |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | Reduce -59.7% | 7,983,000 | $9.6M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Add +264.0% | 9,100,000 | $9.5M |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Add +52.2% | 8,574,000 | $8.9M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Add +0.7% | 7,679,000 | $8.6M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +72.8% | 6,767,000 | $8.1M |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | New | 8,975,000 | $7.6M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 205,418 | $7.4M |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Reduce -34.6% | 7,345,000 | $7.1M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -16.4% | 5,860 | $7.0M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Sold out | 5,442,000 | $6.8Mbefore exit |
Showing the first 50 of 112.
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 | 1,811 | $579.2B | NVDA, AVGO, MSFT, AAPL, GOOGL |
| Q1 2026 | 1,759 | $534.6B | NVDA, MSFT, AAPL, AVGO, GOOGL |
| Q4 2025 | 1,764 | $569.5B | NVDA, MSFT, AAPL, GOOGL, AVGO |
| Q3 2025 | 1,807 | $570.0B | NVDA, MSFT, AAPL, GOOGL, AVGO |
| Q2 2025 | 1,780 | $549.8B | MSFT, NVDA, AVGO, AAPL, AMZN |
| Q1 2025 | 1,802 | $518.8B | MSFT, AAPL, NVDA, UNH, AMZN |
| Q4 2024Amended | 1,795 | $545.2B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q3 2024 | 1,782 | $570.1B | MSFT, AAPL, NVDA, UNH, AMZN |
| Q2 2024 | 1,754 | $559.1B | MSFT, AAPL, NVDA, AMZN, UNH |
| Q1 2024 | 1,761 | $563.6B | MSFT, AMZN, UNH, MRK, NVDA |