Zurcher Kantonalbank (Zurich Cantonalbank)
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,470 stock positions worth $46.3 billion. Its top holding was Nvidia (NVDA) at 6.6% of the portfolio, followed by Apple (AAPL, 5.2%) and Microsoft (MSFT, 5.1%). Compared with Q3 2025, it opened 66 new positions, sold out of 86, added to 1,294 and reduced 537. The biggest buy was Eli Lilly (LLY, shares +12%) and the biggest sale Home Depot (HD, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0001368163
- Portfolio Value
- $46.3B (Q4 2025)
- SEC Filing
- 0000947871-26-000067 ↗ filed Jan 27, 2026
Holdings Value
Holdings 2,470 stocks · $46.3B
| NVDA Nvidia Corp. | 6.65% | 16,499,389 | $3.1B | Add +4.2% |
| AAPL Apple Inc. | 5.22% | 8,886,177 | $2.4B | Reduce -2.8% |
| MSFT Microsoft Corp. | 5.06% | 4,845,330 | $2.3B | Add +10.5% |
| UBS UBS Group AG-Reg | 4.99% | 49,529,270 | $2.3B | Reduce -6.2% |
| AMZN Amazon.com Inc. | 2.89% | 5,801,756 | $1.3B | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 2.79% | 4,124,434 | $1.3B | Reduce -2.4% |
| AVGO Broadcom Inc. | 2.30% | 3,081,325 | $1.1B | Add +0.6% |
| TSLA Tesla Inc. | 2.15% | 2,214,141 | $995.7M | Add +6.3% |
| GOOG Alphabet Inc. Class C | 1.95% | 2,880,360 | $903.9M | Add +2.5% |
| META Meta Platforms Inc. Class A | 1.90% | 1,329,605 | $877.7M | Add +22.6% |
| JPM JPMorgan Chase & Co. | 1.44% | 2,063,837 | $665.0M | Add +22.4% |
| LLY Eli Lilly & Co. | 1.43% | 614,780 | $660.7M | Add +12.1% |
| ALC Alcon Inc. filed as ALCON AG | 1.34% | 7,740,091 | $618.2M | Reduce -8.9% |
| AMRZ Amrize Ltd. | 1.15% | 9,674,921 | $532.1M | Add +1.6% |
| V Visa Inc. Class A | 0.91% | 1,198,463 | $420.3M | Reduce -6.8% |
| WMT Walmart Inc. | 0.80% | 3,334,446 | $371.5M | Add +1.5% |
| MA Mastercard Inc. Class A | 0.78% | 634,437 | $362.2M | Add +27.2% |
| JNJ Johnson & Johnson | 0.69% | 1,545,618 | $319.9M | Add +11.7% |
| LOGI Logitech International-Reg | 0.62% | 2,802,403 | $288.4M | Add +2.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.55% | 4,589,963 | $252.4M | Reduce -34.9% |
| XOM Exxon Mobil Corp. | 0.50% | 1,907,873 | $229.6M | Reduce -11.5% |
| MU Micron Technology Inc. | 0.47% | 770,180 | $219.8M | Add +108.6% |
| TMO Thermo Fisher Scientific Inc. | 0.46% | 363,570 | $210.7M | Add +54.6% |
| WELL Welltower Inc. | 0.45% | 1,128,958 | $209.5M | Add +42.0% |
| ADBE Adobe Inc. | 0.45% | 589,286 | $206.2M | Add +20.6% |
| GILD Gilead Sciences Inc. | 0.43% | 1,613,608 | $198.1M | Add +1.2% |
| COST Costco Wholesale Corp. | 0.40% | 216,731 | $186.9M | Add +1.2% |
| GE General Electric filed as GE AEROSPACE | 0.40% | 599,683 | $184.7M | Reduce -2.5% |
| LIN Linde PLC | 0.39% | 423,031 | $180.4M | Add +1.6% |
| ANET Arista Networks Inc. | 0.39% | 1,362,535 | $178.5M | Add +5.6% |
| ORCL Oracle Corp. | 0.38% | 911,812 | $177.7M | Reduce -18.1% |
| APH Amphenol Corp. Class A | 0.38% | 1,305,829 | $176.5M | Reduce -6.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.38% | 1,496,186 | $173.7M | Reduce -7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 341,895 | $171.9M | Add +2.8% |
| BSX Boston Scientific Corp. | 0.36% | 1,730,365 | $165.0M | Reduce -7.3% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.35% | 1,781,516 | $161.7M | Add +10.0% |
| PG The Procter & Gamble Co. | 0.35% | 1,118,972 | $160.4M | Reduce -3.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.35% | 353,488 | $160.3M | Reduce -9.0% |
| C Citigroup Inc. | 0.33% | 1,317,952 | $153.8M | Add +25.7% |
| ETN Eaton Corp. PLC | 0.33% | 479,275 | $152.7M | Reduce -5.2% |
| ABBV Abbvie Inc. | 0.33% | 666,741 | $152.3M | Reduce -28.2% |
| CSCO Cisco Systems Inc. | 0.33% | 1,969,778 | $151.7M | Reduce -29.2% |
| CVX Chevron Corp. | 0.33% | 990,911 | $151.0M | Add +30.0% |
| AMD Advanced Micro Devices | 0.33% | 705,151 | $151.0M | Add +12.2% |
| PANW Palo Alto Networks Inc. | 0.32% | 814,897 | $150.1M | Add +21.4% |
| ACN Accenture PLC Class A | 0.32% | 557,516 | $149.6M | Add +36.6% |
| GS Goldman Sachs Group Inc. | 0.32% | 169,899 | $149.3M | Add +10.6% |
| CAT Caterpillar Inc. | 0.32% | 259,706 | $148.8M | Reduce -0.3% |
| KO The Coca-Cola Co. | 0.32% | 2,104,899 | $147.2M | Reduce -13.4% |
| WFC Wells Fargo & Co. | 0.32% | 1,567,954 | $146.1M | Reduce -3.6% |
| CRM Salesforce Inc. | 0.31% | 542,529 | $143.7M | Reduce -18.1% |
| UBER Uber Technologies Inc. | 0.31% | 1,745,893 | $142.7M | Add +55.8% |
| SPGI S&P Global Inc. | 0.30% | 267,288 | $139.7M | Add +2.6% |
| PLTR Palantir Technologies Inc. Class A | 0.29% | 764,052 | $135.8M | Add +3.1% |
| FIX Comfort Systems USA Inc. | 0.29% | 143,602 | $134.0M | Reduce -5.6% |
| XLF SS Financial Select Sector | 0.29% | 2,412,186 | $133.1M | No change |
| VRT Vertiv Holdings Co. Class A | 0.28% | 814,339 | $131.9M | Reduce -3.9% |
| INTU Intuit Inc. | 0.28% | 194,447 | $128.8M | Reduce -0.0% |
| CVS CVS Health Corp. | 0.27% | 1,585,235 | $125.8M | Add +8.1% |
| PWR Quanta Services Inc. | 0.27% | 293,319 | $123.8M | Reduce -0.2% |
| NOW ServiceNow Inc. | 0.26% | 798,515 | $122.3M | Add +22.0% |
| T AT&T Inc. | 0.26% | 4,917,680 | $122.2M | Reduce -5.0% |
| ECL Ecolab Inc. | 0.26% | 463,150 | $121.6M | Reduce -11.8% |
| NFLX Netflix Inc. | 0.26% | 1,274,697 | $119.5M | Reduce -12.4% |
| AXP American Express Co. | 0.26% | 322,814 | $119.4M | Add +11.8% |
| VZ Verizon Communications Inc. | 0.25% | 2,883,484 | $117.4M | Add +135.0% |
| TT Trane Technologies PLC | 0.25% | 292,165 | $113.7M | Add +7.3% |
| MCD McDonald's Corp. | 0.24% | 366,571 | $112.0M | Add +7.0% |
| KLAC KLA Corp. | 0.24% | 90,488 | $110.0M | Add +172.3% |
| ADI Analog Devices Inc. | 0.24% | 401,979 | $109.0M | Reduce -4.8% |
| AMAT Applied Materials Inc. | 0.23% | 422,183 | $108.5M | Add +35.5% |
| INTC Intel Corp. | 0.23% | 2,916,341 | $107.6M | Reduce -25.1% |
| ISRG Intuitive Surgical Inc. | 0.23% | 189,850 | $107.5M | Add +3.9% |
| PLD Prologis Inc. | 0.23% | 837,135 | $106.9M | Add +0.5% |
| AMGN Amgen Inc. | 0.23% | 325,687 | $106.6M | Add +20.5% |
| ABT Abbott Laboratories | 0.23% | 848,979 | $106.4M | Reduce -1.4% |
| COF Capital One Financial Corp. | 0.23% | 434,287 | $105.3M | Reduce -2.1% |
| TTE Totalenergies SE | 0.23% | 1,608,125 | $105.0M | Add +160812400.0% |
| RY Royal Bank of Canada | 0.22% | 609,849 | $104.1M | Add +0.1% |
| TXN Texas Instruments Inc. | 0.22% | 597,601 | $103.7M | Add +98.5% |
| SCHW Schwab (charles) Corp. | 0.22% | 1,030,995 | $103.0M | Add +1.6% |
| MS Morgan Stanley | 0.22% | 578,181 | $102.6M | Add +1.9% |
| NEM Newmont Corp. | 0.22% | 1,017,800 | $101.6M | Add +4.2% |
| MRK Merck & Co. Inc. | 0.22% | 954,267 | $100.4M | Reduce -11.8% |
| MCK McKesson Corp. | 0.21% | 120,915 | $99.2M | Add +75.0% |
| GEV GE Vernova Inc. | 0.21% | 150,980 | $98.7M | Reduce -8.8% |
| COR Cencora Inc. | 0.21% | 289,370 | $97.7M | Add +162.4% |
| HD Home Depot Inc. | 0.21% | 283,379 | $97.5M | Reduce -59.8% |
| PEP Pepsico Inc. | 0.21% | 674,408 | $96.8M | Add +6.5% |
| UNH Unitedhealth Group Inc. | 0.20% | 285,726 | $94.3M | Reduce -35.2% |
| LRCX Lam Research Corp. | 0.20% | 538,446 | $92.2M | Reduce -0.1% |
| FTNT Fortinet Inc. | 0.20% | 1,150,161 | $91.3M | Reduce -4.3% |
| BKNG Booking Holdings Inc. | 0.20% | 16,881 | $90.4M | Reduce -17.4% |
| FSLR First Solar Inc. | 0.19% | 344,599 | $90.0M | Reduce -7.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.19% | 578,081 | $88.8M | Add +108.3% |
| SHOP Shopify Inc. Class A | 0.19% | 546,252 | $87.9M | Reduce -3.9% |
| LOW Lowe's Cos Inc. | 0.19% | 363,637 | $87.7M | Add +64.4% |
| PFE Pfizer Inc. | 0.19% | 3,469,549 | $86.4M | Add +16.7% |
| CRS Carpenter Technology | 0.18% | 266,868 | $84.0M | Reduce -9.2% |
| UNP Union Pacific Corp. | 0.18% | 362,934 | $84.0M | Add +27.5% |
Other holdings (67): bonds, preferreds, convertibles and warrants · $53.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 1,600,000 | $2.0M | Reduce -5.9% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 1,500,000 | $2.0M | Add +25.0% |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 1,750,000 | $1.8M | Reduce -25.5% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 1,650,000 | $1.7M | Reduce -8.3% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 1,650,000 | $1.7M | Add +65.0% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 1,350,000 | $1.5M | Reduce -6.9% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 1,275,000 | $1.4M | Reduce -1.9% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 1,300,000 | $1.3M | Add +44.4% |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 1,300,000 | $1.3M | Reduce -13.3% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 1,300,000 | $1.3M | Reduce -51.9% |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 1,212,000 | $1.3M | New |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 1,000,000 | $1.3M | Reduce -16.7% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 1,000,000 | $1.2M | Reduce -23.1% |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | 1,300,000 | $1.2M | New |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | 1,200,000 | $1.2M | New |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 1,000,000 | $1.1M | Reduce -9.1% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | 1,000,000 | $1.1M | New |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 1,050,000 | $1.1M | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 900,000 | $1.0M | No change |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 950,000 | $1.0M | Add +46.1% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 800,000 | $995K | Reduce -38.5% |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | 800,000 | $995K | Reduce -20.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 1,000,000 | $992K | Reduce -23.1% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 700,000 | $946K | Reduce -30.0% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 900,000 | $928K | Reduce -64.0% |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 800,000 | $896K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 880,000 | $891K | Reduce -10.2% |
| LIVANOVA PLC (LIVN 2.5 03/15/29) | NOTE 2.500% 3/1 · principal | 750,000 | $877K | No change |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 675,000 | $860K | Reduce -25.0% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 700,000 | $827K | No change |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 675,000 | $817K | Reduce -25.0% |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | 600,000 | $804K | Reduce -57.1% |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 700,000 | $781K | New |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 700,000 | $697K | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 600,000 | $678K | New |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 600,000 | $672K | New |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 700,000 | $672K | No change |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 660,000 | $668K | Reduce -25.0% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 700,000 | $636K | Add +40.0% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 400,000 | $631K | Reduce -33.3% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 700,000 | $627K | Reduce -61.1% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 700,000 | $627K | Reduce -36.4% |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 600,000 | $624K | Reduce -46.7% |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 600,000 | $587K | No change |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 168,115 | $570K | No change |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 400,000 | $559K | Reduce -33.3% |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 400,000 | $547K | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 500,000 | $521K | New |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 500,000 | $515K | New |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 500,000 | $503K | No change |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 550,000 | $490K | No change |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 500,000 | $475K | No change |
| LYFT INC (LYFT 0.625 03/01/29) | NOTE 0.625% 3/0 · principal | 375,000 | $448K | Reduce -58.3% |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | 400,000 | $417K | New |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 400,000 | $378K | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 400,000 | $360K | No change |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 300,000 | $349K | New |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 400,000 | $329K | New |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | 375,000 | $306K | New |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 250,000 | $231K | No change |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 200,000 | $219K | No change |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 12,125 | $36K | No change |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 4,394 | $4K | No change |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 4,394 | $2K | New |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 4,394 | $2K | New |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 1,525,000 | $0 | New |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 600,000 | $0 | No change |
Total filed on the 13F, all lines: $46.3B.
Portfolio Sells Q3 2025 → Q4 2025
| HD Home Depot Inc. | Reduce -59.8% | 0.21% | −0.45 |
| ORCL Oracle Corp. | Reduce -18.1% | 0.38% | −0.34 |
| TMUS T-Mobile US Inc. | Reduce -78.5% | 0.06% | −0.31 |
| BAC Bank of America Corp. | Reduce -34.9% | 0.55% | −0.29 |
| IBM Intl Business Machines Corp. | Reduce -50.0% | 0.18% | −0.19 |
| DIS The Walt Disney Co. | Reduce -55.5% | 0.13% | −0.18 |
| ABBV Abbvie Inc. | Reduce -28.2% | 0.33% | −0.17 |
| CNM Core & Main Inc. Class A | Reduce -76.3% | 0.04% | −0.15 |
| UNH Unitedhealth Group Inc. | Reduce -35.2% | 0.20% | −0.15 |
| NFLX Netflix Inc. | Reduce -12.4% | 0.26% | −0.14 |
| AAPL Apple Inc. | Reduce -2.8% | 5.22% | −0.13 |
| FISV Fiserv Inc. | Reduce -44.3% | 0.05% | −0.13 |
| ICE Intercontinental Exchange Inc. | Reduce -48.5% | 0.11% | −0.12 |
| ALC Alcon Inc. | Reduce -8.9% | 1.34% | −0.12 |
| OC Owens Corning | Reduce -83.7% | 0.02% | −0.12 |
| CSCO Cisco Systems Inc. | Reduce -29.2% | 0.33% | −0.11 |
| ETN Eaton Corp. PLC | Reduce -5.2% | 0.33% | −0.11 |
| V Visa Inc. Class A | Reduce -6.8% | 0.91% | −0.10 |
| HOOD Robinhood Markets Inc. Class A | Reduce -58.4% | 0.05% | −0.10 |
| TTEK Tetra Tech Inc. | Reduce -69.9% | 0.04% | −0.10 |
| HPE Hewlett Packard Enterprise | Reduce -81.9% | 0.02% | −0.08 |
| EHC Encompass Health Corp. | Reduce -11.8% | 0.18% | −0.08 |
| T AT&T Inc. | Reduce -5.0% | 0.26% | −0.07 |
| FOXA Fox Corp. Class A | Reduce -61.5% | 0.05% | −0.07 |
| AMZN Amazon.com Inc. | Reduce -1.1% | 2.89% | −0.07 |
| ECL Ecolab Inc. | Reduce -11.8% | 0.26% | −0.07 |
| INTC Intel Corp. | Reduce -25.1% | 0.23% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -11.5% | 0.50% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -3.4% | 0.35% | −0.06 |
| BSX Boston Scientific Corp. | Reduce -7.3% | 0.36% | −0.06 |
| UNM Unum Group | Reduce -81.6% | 0.01% | −0.06 |
| NWSA News Corp. Class A | Reduce -89.0% | 0.01% | −0.06 |
| BKNG Booking Holdings Inc. | Reduce -17.4% | 0.20% | −0.06 |
| KO The Coca-Cola Co. | Reduce -13.4% | 0.32% | −0.05 |
| PHM Pultegroup Inc. | Reduce -16.3% | 0.12% | −0.05 |
| ZM Zoom Communications Inc. | Reduce -79.9% | 0.01% | −0.05 |
| CRM Salesforce Inc. | Reduce -18.1% | 0.31% | −0.05 |
| EA Electronic Arts Inc. | Reduce -40.0% | 0.06% | −0.05 |
| DASH DoorDash Inc. Class A | Reduce -32.5% | 0.05% | −0.05 |
| VICI Vici Properties Inc. | Reduce -36.4% | 0.05% | −0.04 |
| STN Stantec Inc. | Reduce -34.4% | 0.05% | −0.04 |
| YUM Yum! Brands Inc. | Reduce -46.7% | 0.04% | −0.04 |
| ZS Zscaler Inc. | Reduce -7.3% | 0.07% | −0.04 |
| EMR Emerson Electric Co. | Reduce -27.6% | 0.09% | −0.04 |
| BURL Burlington Stores Inc. | Reduce -81.0% | 0.01% | −0.04 |
| DE Deere & Co. | Reduce -18.8% | 0.13% | −0.04 |
| ABT Abbott Laboratories | Reduce -1.4% | 0.23% | −0.04 |
| FTNT Fortinet Inc. | Reduce -4.3% | 0.20% | −0.04 |
| AKAM Akamai Technologies Inc. | Reduce -79.4% | 0.01% | −0.03 |
| KEYS Keysight Technologies Inc. | Reduce -65.0% | 0.02% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| LLY Eli Lilly & Co. | Add +12.1% | 1.43% | +0.47 |
| GOOG Alphabet Inc. Class C | Add +2.5% | 1.95% | +0.38 |
| MU Micron Technology Inc. | Add +108.6% | 0.47% | +0.33 |
| TTE Totalenergies SE | Add +160812400.0% | 0.23% | +0.23 |
| JPM JPMorgan Chase & Co. | Add +22.4% | 1.44% | +0.21 |
| TMO Thermo Fisher Scientific Inc. | Add +54.6% | 0.46% | +0.19 |
| KLAC KLA Corp. | Add +172.3% | 0.24% | +0.16 |
| COR Cencora Inc. | Add +162.4% | 0.21% | +0.13 |
| MA Mastercard Inc. Class A | Add +27.2% | 0.78% | +0.13 |
| VZ Verizon Communications Inc. | Add +135.0% | 0.25% | +0.13 |
| WELL Welltower Inc. | Add +42.0% | 0.45% | +0.13 |
| CTAS Cintas Corp. | Add +276.3% | 0.17% | +0.12 |
| SHW The Sherwin-Williams Co. | Add +294.3% | 0.16% | +0.11 |
| TSM Taiwan Semiconductor-SP ADR | Add +310.5% | 0.13% | +0.10 |
| JNJ Johnson & Johnson | Add +11.7% | 0.69% | +0.10 |
| OMC Omnicom Group | Add +1031.6% | 0.11% | +0.10 |
| TJX TJX Companies Inc. | Add +108.3% | 0.19% | +0.10 |
| TXN Texas Instruments Inc. | Add +98.5% | 0.22% | +0.10 |
| AMRZ Amrize Ltd. | Add +1.6% | 1.15% | +0.09 |
| AMD Advanced Micro Devices | Add +12.2% | 0.33% | +0.09 |
| ACN Accenture PLC Class A | Add +36.6% | 0.32% | +0.09 |
| MCK McKesson Corp. | Add +75.0% | 0.21% | +0.09 |
| TEL Te Connectivity PLC | Add +116.4% | 0.17% | +0.09 |
| AMAT Applied Materials Inc. | Add +35.5% | 0.23% | +0.09 |
| C Citigroup Inc. | Add +25.7% | 0.33% | +0.09 |
| ORA Ormat Technologies Inc. | Add +825.8% | 0.10% | +0.09 |
| ONON On Holding AG Class A | Add +2572.1% | 0.08% | +0.08 |
| JAZZ Jazz Pharmaceuticals PLC | Add +624.2% | 0.08% | +0.07 |
| XYL Xylem Inc. | Add +118.3% | 0.14% | +0.07 |
| FLEX Flex Ltd. | Add +359.0% | 0.08% | +0.07 |
| META Meta Platforms Inc. Class A | Add +22.6% | 1.90% | +0.06 |
| LOW Lowe's Cos Inc. | Add +64.4% | 0.19% | +0.06 |
| CIEN Ciena Corp. | Add +239.0% | 0.07% | +0.06 |
| BIIB Biogen Inc. | Add +29.9% | 0.17% | +0.06 |
| JBL Jabil Inc. | Add +379.8% | 0.07% | +0.06 |
| TTWO Take-Two Interactive Softwre | Add +221.2% | 0.08% | +0.06 |
| UBER Uber Technologies Inc. | Add +55.8% | 0.31% | +0.06 |
| AMGN Amgen Inc. | Add +20.5% | 0.23% | +0.05 |
| CVX Chevron Corp. | Add +30.0% | 0.33% | +0.05 |
| DHR Danaher Corp. | Add +51.5% | 0.13% | +0.05 |
| CM Can Imperial BK of Commerce | Add +10.0% | 0.35% | +0.05 |
| ADBE Adobe Inc. | Add +20.6% | 0.45% | +0.05 |
| ELV Elevance Health Inc. | Add +62.2% | 0.12% | +0.05 |
| IBKR Interactive Brokers Gro Class A | Add +341.0% | 0.07% | +0.05 |
| EBAY eBay Inc. | Add +93.1% | 0.11% | +0.05 |
| ISRG Intuitive Surgical Inc. | Add +3.9% | 0.23% | +0.04 |
| TPR Tapestry Inc. | Add +93.1% | 0.08% | +0.04 |
| INSM Insmed Inc. | Add +198.6% | 0.06% | +0.04 |
| GS Goldman Sachs Group Inc. | Add +10.6% | 0.32% | +0.04 |
| GM General Motors Co. | Add +65.7% | 0.07% | +0.04 |
Notes & Other Activity Q3 2025 → Q4 2025
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Reduce -5.9% | 1,600,000 | $2.0M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +25.0% | 1,500,000 | $2.0M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Reduce -25.5% | 1,750,000 | $1.8M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Reduce -8.3% | 1,650,000 | $1.7M |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | Add +65.0% | 1,650,000 | $1.7M |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Sold out | 1,200,000 | $1.5Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -6.9% | 1,350,000 | $1.5M |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | Reduce -1.9% | 1,275,000 | $1.4M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Sold out | 1,000,000 | $1.4Mbefore exit |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +44.4% | 1,300,000 | $1.3M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Reduce -13.3% | 1,300,000 | $1.3M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -51.9% | 1,300,000 | $1.3M |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | New | 1,212,000 | $1.3M |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -16.7% | 1,000,000 | $1.3M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Sold out | 800,000 | $1.2Mbefore exit |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Reduce -23.1% | 1,000,000 | $1.2M |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | New | 1,300,000 | $1.2M |
| NUTANIX INC (NTNX 0.5 12/15/29) | NOTE 0.500%12/1 · principal | New | 1,200,000 | $1.2M |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Reduce -9.1% | 1,000,000 | $1.1M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Sold out | 800,000 | $1.1Mbefore exit |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 11/01/29) | NOTE 1.250%11/0 · principal | New | 1,000,000 | $1.1M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Sold out | 900,000 | $1.0Mbefore exit |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Add +46.1% | 950,000 | $1.0M |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Reduce -38.5% | 800,000 | $995K |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Reduce -20.0% | 800,000 | $995K |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -23.1% | 1,000,000 | $992K |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Sold out | 925,000 | $962Kbefore exit |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -30.0% | 700,000 | $946K |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Reduce -64.0% | 900,000 | $928K |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | New | 800,000 | $896K |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -10.2% | 880,000 | $891K |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Reduce -25.0% | 675,000 | $860K |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Reduce -25.0% | 675,000 | $817K |
| JAZZ INVESTMENTS I LTD (JAZZ 3.125 09/15/30) | NOTE 3.125% 9/1 · principal | Reduce -57.1% | 600,000 | $804K |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | New | 700,000 | $781K |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Sold out | 800,000 | $773Kbefore exit |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | New | 700,000 | $697K |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Sold out | 500,000 | $691Kbefore exit |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | New | 600,000 | $678K |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Sold out | 400,000 | $673Kbefore exit |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | New | 600,000 | $672K |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Reduce -25.0% | 660,000 | $668K |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | Add +40.0% | 700,000 | $636K |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Reduce -33.3% | 400,000 | $631K |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Reduce -61.1% | 700,000 | $627K |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Reduce -36.4% | 700,000 | $627K |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | Reduce -46.7% | 600,000 | $624K |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | Sold out | 400,000 | $607Kbefore exit |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | Reduce -33.3% | 400,000 | $559K |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | New | 500,000 | $521K |
Showing the first 50 of 65.
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 | 2,479 | $52.1B | NVDA, UBS, AAPL, MSFT, GOOGL |
| Q1 2026 | 2,485 | $45.9B | NVDA, AAPL, UBS, MSFT, GOOGL |
| Q4 2025 | 2,470 | $46.3B | NVDA, AAPL, MSFT, UBS, AMZN |
| Q3 2025 | 2,488 | $43.5B | NVDA, AAPL, MSFT, UBS, AMZN |
| Q2 2025 | 2,491 | $40.8B | NVDA, MSFT, UBS, AAPL, AMZN |
| Q1 2025 | 2,550 | $34.8B | AAPL, UBS, NVDA, MSFT, AMZN |
| Q4 2024 | 2,581 | $35.1B | AAPL, NVDA, MSFT, UBS, AMZN |
| Q3 2024Amended | 2,587 | $33.6B | AAPL, UBS, MSFT, NVDA, AMZN |
| Q2 2024 | 2,581 | $30.7B | MSFT, NVDA, AAPL, UBS, AMZN |
| Q1 2024 | 2,648 | $28.5B | MSFT, UBS, AAPL, NVDA, AMZN |