DaveManuel.com · Institutional Ownership · 13F Holdings

Vontobel Holding Ltd.

Reported holdings as of Q3 2026, from 24 quarterly filings.

CIK

1588340

Reported value

$27.7B

Positions

1,190

Top 10 weight

28.2%

Filed

2026-10-16

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
NVIDIA CORPORATION CALL+PUT	NVDA	$1.8B	6,877,778	6.47%	+1.84pp	24q	+12.6%+$200.4M
MICROSOFT CORP CALL+PUT	MSFT	$1.1B	2,103,538	4.13%	+1.59pp	24q	+9.1%+$95.4M
UBS GROUP AG CALL+PUT	UBS	$743.8M	14,471,691	2.69%	+0.21pp	22q	-1.5%-$11.7M
AMAZON COM INC CALL	AMZN	$698.4M	2,708,814	2.52%	+0.21pp	24q	-8.3%-$63.5M
ALPHABET INC CALL+PUT	GOOGL	$688.4M	1,916,991	2.49%	+0.23pp	24q	HELD
BROADCOM INC CALL+PUT	AVGO	$683.7M	1,755,573	2.47%	-0.26pp	24q	-20.3%-$173.7M
APPLE INC CALL+PUT	AAPL	$607.4M	1,737,232	2.20%	+0.60pp	24q	+4.8%+$27.8M
MICRON TECHNOLOGY INC CALL+PUT	MU	$552.9M	374,904	2.00%	+0.27pp	24q	-5.4%-$31.5M
TAIWAN SEMICONDUCTOR MANUFAC CALL+PUT	TSM	$454.3M	810,948	1.64%	+0.42pp	24q	+5.3%+$23.0M
COCA COLA CO	KO	$439.1M	5,101,020	1.59%	-0.07pp	24q	-20.4%-$112.5M
ALPHABET INC CALL+PUT	GOOG	$431.4M	1,227,473	1.56%	-0.17pp	24q	-18.3%-$96.4M
MASTERCARD INCORPORATED CALL	MA	$396.9M	718,700	1.43%	+0.04pp	24q	-15.6%-$73.3M
JOHNSON & JOHNSON CALL	JNJ	$382.7M	1,442,737	1.38%	+0.33pp	24q	+10.9%+$37.6M
WASTE MGMT INC DEL CALL	WM	$379.2M	1,857,814	1.37%	-0.31pp	24q	-21.8%-$105.8M
LOGITECH INTL S A CALL+PUT	LOGI	$378.8M	3,685,431	1.37%	+0.03pp	22q	-16.6%-$75.1M
ADVANCED MICRO DEVICES INC CALL+PUT	AMD	$352.5M	359,488	1.27%	+0.03pp	24q	-32.5%-$169.9M
ALCON AG CALL+PUT	ALC	$321.5M	4,828,384	1.16%	-0.13pp	22q	-14.4%-$54.3M
WABTEC	WAB	$245.0M	853,158	0.89%	-0.17pp	16q	-30.5%-$107.5M
LINDE PLC CALL	LIN	$227.8M	464,774	0.82%	-0.46pp	15q	-39.8%-$150.9M
CINTAS CORP	CTAS	$224.8M	1,152,294	0.81%	+0.07pp	24q	-16.4%-$44.2M
ARISTA NETWORKS INC	ANET	$213.3M	1,047,770	0.77%	+0.04pp	8q	-22.6%-$62.4M
AMPHENOL CORP	APH	$206.6M	2,450,803	0.75%	+0.07pp	24q	+2.3%+$4.6M
VISA INC	V	$199.4M	554,964	0.72%	+0.21pp	24q	+19.8%+$33.0M
RB GLOBAL INC	RBA	$197.1M	2,421,315	0.71%	-0.75pp	14q	-38.5%-$123.3M
INTEL CORP CALL+PUT	INTC	$194.6M	1,341,972	0.70%	+0.06pp	24q	+9.3%+$16.6M
APPLIED MATLS INC CALL+PUT	AMAT	$193.9M	369,984	0.70%	-0.18pp	24q	-1.6%-$3.2M
ELI LILLY & CO CALL	LLY	$184.4M	158,885	0.67%	+0.14pp	24q	+16.6%+$26.2M
TJX COS INC NEW	TJX	$183.1M	1,384,126	0.66%	+0.05pp	24q	+8.9%+$14.9M
SYNOPSYS INC	SNPS	$178.2M	409,684	0.64%	-0.34pp	24q	-40.9%-$123.5M
ECOLAB INC	ECL	$178.2M	648,883	0.64%	+0.09pp	24q	+4.2%+$7.1M
FERGUSON ENTERPRISES INC	FERG	$169.0M	759,187	0.61%	-0.54pp	9q	-50.1%-$169.8M
AMRIZE LTD	AMRZ	$167.0M	4,447,467	0.60%	-0.20pp	6q	-7.3%-$13.1M
UNITED RENTALS INC	URI	$165.3M	165,158	0.60%	+0.59pp	24q	+8417.7%+$163.3M
STATE STR SPDR S&P 500 ETF T	SPY	$163.7M	214,636	0.59%	+0.03pp	24q	-7.3%-$12.9M
QUANTA SVCS INC	PWR	$159.3M	247,862	0.58%	-0.13pp	24q	-20.1%-$40.0M
PHILIP MORRIS INTL INC	PM	$158.3M	829,422	0.57%	+0.14pp	24q	+9.3%+$13.5M
CELESTICA INC	CLS	$151.3M	418,237	0.55%	-0.07pp	8q	-22.0%-$42.8M
SALESFORCE INC CALL	CRM	$150.5M	632,715	0.54%	-0.02pp	24q	-29.3%-$62.4M
FERRARI N V	RACE	$150.4M	383,213	0.54%	+0.20pp	22q	+32.6%+$36.9M
TESLA INC CALL+PUT	TSLA	$147.4M	153,654	0.53%	+0.01pp	24q	+1.9%+$2.8M
UNION PAC CORP CALL	UNP	$146.6M	537,352	0.53%	-0.04pp	24q	-18.7%-$33.8M
EMERSON ELEC CO	EMR	$145.3M	936,757	0.53%	-0.11pp	24q	-33.0%-$71.4M
INTERCONTINENTAL EXCHANGE IN	ICE	$145.2M	954,829	0.52%	-0.17pp	24q	-46.3%-$125.1M
THERMO FISHER SCIENTIFIC INC	TMO	$140.3M	207,881	0.51%	+0.21pp	24q	+11.8%+$14.8M
MEDTRONIC PLC CALL	MDT	$139.6M	1,611,029	0.50%	+0.16pp	22q	+18.0%+$21.3M
MARVELL TECHNOLOGY INC CALL	MRVL	$132.4M	472,739	0.48%	-0.09pp	22q	-20.1%-$33.3M
NVENT ELEC PLC	NVT	$132.1M	823,917	0.48%	-0.13pp	13q	-26.5%-$47.7M
CISCO SYS INC CALL	CSCO	$131.0M	1,204,583	0.47%	flat	24q	-3.8%-$5.2M
TOTALENERGIES SE CALL+PUT	TTE	$128.5M	1,404,465	0.46%	+0.12pp	4q	+2.0%+$2.5M
CREDICORP LTD	BAP	$127.7M	336,054	0.46%	+0.15pp	2q	+32.2%+$31.1M
KLA CORP CALL	KLAC	$125.0M	631,552	0.45%	-0.15pp	24q	+3.0%+$3.6M
NEXTERA ENERGY INC CALL	NEE	$123.6M	1,614,178	0.45%	-0.22pp	24q	-32.5%-$59.5M
HOME DEPOT INC CALL	HD	$123.4M	430,698	0.45%	-0.01pp	24q	+6.5%+$7.6M
UNITEDHEALTH GROUP INC CALL+PUT	UNH	$122.9M	266,190	0.44%	+0.27pp	24q	+144.8%+$72.7M
AKAMAI TECHNOLOGIES INC	AKAM	$117.6M	1,105,322	0.42%	-0.05pp	24q	-11.6%-$15.5M
CME GROUP INC	CME	$117.2M	447,312	0.42%	-0.44pp	24q	-63.7%-$205.2M
TKO GROUP HOLDINGS INC	TKO	$117.1M	651,624	0.42%	-0.08pp	5q	-16.9%-$23.7M
META PLATFORMS INC CALL+PUT	META	$115.3M	103,434	0.42%	+0.05pp	24q	-26.5%-$41.5M
PROGRESSIVE CORP	PGR	$112.9M	544,835	0.41%	+0.04pp	24q	+4.1%+$4.5M
CANADIAN PACIFIC KANSAS CITY	CP	$112.0M	1,314,634	0.40%	+0.16pp	14q	+50.3%+$37.5M
JPMORGAN CHASE & CO CALL	JPM	$110.9M	333,605	0.40%	+0.06pp	24q	+1.5%+$1.6M
BLACKROCK INC CALL	BLK	$108.8M	72,352	0.39%	+0.18pp	4q	+1.4%+$1.5M
GILEAD SCIENCES INC CALL	GILD	$107.4M	702,082	0.39%	+0.01pp	24q	-25.9%-$37.6M
ABBVIE INC CALL	ABBV	$105.8M	401,527	0.38%	+0.22pp	24q	+102.7%+$53.6M
PALO ALTO NETWORKS INC PUT	PANW	$102.1M	256,372	0.37%	-0.06pp	24q	-33.2%-$50.7M
ORACLE CORP CALL+PUT	ORCL	$101.6M	540,320	0.37%	+0.15pp	24q	+52.2%+$34.8M
PNC FINL SVCS GROUP INC	PNC	$99.3M	446,575	0.36%	-0.04pp	24q	-12.8%-$14.6M
ISHARES INC	IEMG	$98.9M	1,218,469	0.36%	+0.03pp	19q	-0.6%-$590.6K
ALLEGION PLC	ALLE	$94.9M	617,408	0.34%	-0.21pp	6q	-49.8%-$94.1M
TRANE TECHNOLOGIES PLC	TT	$92.6M	204,807	0.33%	+0.03pp	22q	+3.8%+$3.4M
VULCAN MATLS CO	VMC	$91.6M	374,323	0.33%	-0.13pp	24q	-24.4%-$29.6M
SPACE EXPLORATION TECHN CORP CALL+PUT	SPCX	$90.0M	71,541	0.33%	+0.14pp	2q	+103.7%+$45.8M
STELLANTIS N.V CALL+PUT	STLA	$88.0M	12,984,991	0.32%	-0.14pp	22q	-22.9%-$26.1M
XYLEM INC	XYL	$87.7M	866,199	0.32%	+0.02pp	24q	+9.0%+$7.3M
YUM CHINA HLDGS INC	YUMC	$87.2M	2,120,887	0.32%	+0.08pp	15q	+19.1%+$14.0M
VERIZON COMMUNICATIONS INC PUT	VZ	$87.2M	1,894,334	0.32%	+0.09pp	24q	+15.2%+$11.5M
WILLIAMS COS INC	WMB	$87.0M	1,279,429	0.31%	-0.18pp	24q	-39.4%-$56.5M
ENBRIDGE INC	ENB	$86.6M	1,863,000	0.31%	-0.51pp	20q	-61.2%-$136.4M
CASEYS GEN STORES INC	CASY	$85.5M	140,458	0.31%	+0.02pp	22q	+21.7%+$15.2M
DANAHER CORP DEL CALL	DHR	$82.8M	369,201	0.30%	+0.14pp	24q	+45.4%+$25.9M
AMETEK INC	AME	$82.2M	331,727	0.30%	+0.29pp	24q	+5932.5%+$80.8M
TEXAS INSTRS INC CALL	TXN	$81.9M	288,578	0.30%	+0.06pp	24q	+18.5%+$12.8M
VERALTO CORP	VLTO	$79.0M	837,683	0.29%	+0.06pp	12q	+5.7%+$4.3M
IRON MTN INC DEL	IRM	$79.0M	711,596	0.29%	-0.49pp	5q	-62.9%-$134.0M
AON PLC	AON	$78.3M	282,959	0.28%	-0.29pp	22q	-47.7%-$71.4M
IQVIA HLDGS INC	IQV	$76.1M	282,916	0.27%	+0.12pp	24q	+12.0%+$8.2M
DISNEY WALT CO PUT	DIS	$74.5M	708,102	0.27%	+0.03pp	24q	-9.9%-$8.2M
CADENCE DESIGN SYSTEM INC	CDNS	$72.1M	218,334	0.26%	+0.01pp	24q	+4.9%+$3.4M
ASTRAZENECA PLC	AZN	$71.6M	439,578	0.26%	+0.05pp	3q	+26.9%+$15.2M
CORNING INC	GLW	$70.5M	458,668	0.25%	-0.05pp	24q	+20.4%+$11.9M
AT&T INC	T	$69.7M	2,854,828	0.25%	+0.05pp	24q	-6.9%-$5.1M
QUALCOMM INC CALL+PUT	QCOM	$68.8M	329,650	0.25%	+0.02pp	24q	-14.8%-$12.0M
AMERICAN WTR WKS CO INC NEW	AWK	$68.4M	528,530	0.25%	+0.02pp	24q	-4.4%-$3.2M
LAM RESEARCH CORP	LRCX	$68.2M	207,470	0.25%	-0.03pp	8q	+2.3%+$1.6M
WEYERHAEUSER CO	WY	$66.6M	3,496,317	0.24%	-0.01pp	6q	+4.4%+$2.8M
IDEXX LABS INC	IDXX	$66.6M	127,492	0.24%	-0.08pp	24q	-33.6%-$33.6M
HEWLETT PACKARD ENTERPRISE C PUT	HPE	$66.6M	1,038,439	0.24%	+0.07pp	24q	-13.1%-$10.0M
MSCI INC	MSCI	$66.0M	122,566	0.24%	-0.27pp	24q	-56.8%-$86.7M
AMGEN INC CALL	AMGN	$66.0M	153,442	0.24%	+0.06pp	24q	-1.1%-$719.4K
STRATEGY INC CALL+PUT	MSTR	$63.9M	94,011	0.23%	+0.13pp	14q	-8.0%-$5.6M
AUTODESK INC PUT	ADSK	$63.6M	300,874	0.23%	+0.09pp	24q	+31.7%+$15.3M
GE AEROSPACE CALL	GE	$63.4M	201,770	0.23%	-0.22pp	20q	-46.8%-$55.9M
TE CONNECTIVITY PLC	TEL	$62.7M	296,854	0.23%	+0.04pp	9q	+4.0%+$2.4M
PROCTER & GAMBLE CO	PG	$61.5M	423,201	0.22%	+0.10pp	24q	+59.0%+$22.8M
SMURFIT WESTROCK PLC	SW	$61.2M	1,387,054	0.22%	+0.02pp	9q	+3.5%+$2.0M
COPA HOLDINGS SA	CPA	$59.6M	452,117	0.22%	-0.03pp	16q	-10.4%-$6.9M
MERCK & CO INC CALL	MRK	$59.4M	405,780	0.21%	+0.06pp	24q	+5.4%+$3.0M
SLB LIMITED	SLB	$59.1M	1,212,802	0.21%	+0.19pp	24q	+604.7%+$50.7M
NXP SEMICONDUCTORS N V	NXPI	$58.2M	245,083	0.21%	flat	22q	+5.1%+$2.8M
CATERPILLAR INC CALL	CAT	$58.0M	69,361	0.21%	-0.08pp	24q	-17.0%-$11.9M
ZEBRA TECHNOLOGIES CORPORATI	ZBRA	$57.4M	153,792	0.21%	+0.08pp	24q	+2.5%+$1.4M
VISTA ENERGY S.A.B. DE C.V.	VIST	$57.0M	872,403	0.21%	+0.03pp	10q	HELD
UBER TECHNOLOGIES INC CALL	UBER	$56.7M	729,794	0.21%	+0.02pp	24q	-3.1%-$1.8M
EXXONMOBIL HOLDINGS CORP CALL+PUT	XOM	$56.4M	277,512	0.20%	-	new	NEW
TAKE-TWO INTERACTIVE SOFTWAR CALL	TTWO	$55.9M	63,336	0.20%	+0.11pp	24q	+7.7%+$4.0M
TRIP COM GROUP LTD	TCOM	$54.0M	1,381,799	0.20%	+0.01pp	24q	-3.4%-$1.9M
PALANTIR TECHNOLOGIES INC CALL+PUT	PLTR	$52.0M	119,805	0.19%	+0.04pp	24q	-42.3%-$38.1M
JACOBS SOLUTIONS INC	J	$51.6M	381,766	0.19%	+0.03pp	16q	-2.2%-$1.2M
GE VERNOVA INC CALL	GEV	$50.9M	51,601	0.18%	-0.03pp	10q	-4.9%-$2.6M
CLOUDFLARE INC	NET	$50.6M	145,775	0.18%	+0.06pp	24q	-10.1%-$5.7M
MARSH & MCLENNAN COS INC	MRSH	$50.6M	296,160	0.18%	+0.16pp	24q	+547.3%+$42.8M
KINDER MORGAN INC DEL	KMI	$50.2M	1,663,977	0.18%	-0.22pp	24q	-58.0%-$69.3M
ROLLINS INC	ROL	$49.8M	1,653,671	0.18%	+0.08pp	16q	+130.7%+$28.2M
AUTOZONE INC	AZO	$48.0M	16,971	0.17%	-0.38pp	24q	-69.1%-$107.3M
BRISTOL-MYERS SQUIBB CO CALL	BMY	$47.9M	767,237	0.17%	+0.04pp	24q	+5.7%+$2.6M
WESCO INTL INC	WCC	$47.8M	132,983	0.17%	+0.01pp	5q	-8.5%-$4.4M
CROWDSTRIKE HLDGS INC CALL+PUT	CRWD	$46.5M	138,660	0.17%	+0.03pp	24q	-13.8%-$7.4M
VERTEX PHARMACEUTICALS INC CALL	VRTX	$45.0M	85,083	0.16%	+0.03pp	24q	+4.4%+$1.9M
INTERNATIONAL BUSINESS MACHS CALL	IBM	$44.9M	187,594	0.16%	-0.06pp	24q	-16.7%-$9.0M
S&P GLOBAL INC	SPGI	$44.8M	113,613	0.16%	-0.02pp	24q	-19.2%-$10.7M
VANGUARD INTL EQUITY INDEX F	VWO	$44.6M	751,907	0.16%	+0.01pp	24q	-3.3%-$1.5M
ALIBABA GROUP HLDG LTD CALL	BABA	$43.6M	261,532	0.16%	flat	24q	-23.7%-$13.6M
JOHNSON CONTROLS INTERNATION	JCI	$43.1M	289,872	0.16%	+0.01pp	22q	-5.6%-$2.6M
PAYPAL HLDGS INC CALL+PUT	PYPL	$42.7M	648,259	0.15%	-0.01pp	24q	-32.8%-$20.8M
SERVICENOW INC	NOW	$42.4M	316,541	0.15%	-0.01pp	24q	-37.4%-$25.4M
DELL TECHNOLOGIES INC CALL+PUT	DELL	$42.3M	68,379	0.15%	+0.01pp	24q	-18.1%-$9.3M
ISHARES TR	ESML	$41.6M	800,000	0.15%	+0.01pp	24q	HELD
MCKESSON CORP	MCK	$41.4M	48,498	0.15%	+0.05pp	24q	+12.9%+$4.7M
NETFLIX INC. CALL+PUT	NFLX	$40.9M	436,473	0.15%	-0.79pp	24q	-89.0%-$330.1M
T MOBILE US INC	TMUS	$40.7M	249,660	0.15%	+0.01pp	24q	HELD
BARRICK MNG CORP CALL+PUT	B	$40.7M	880,309	0.15%	+0.04pp	6q	+10.6%+$3.9M
EVERSOURCE ENERGY	ES	$40.1M	625,750	0.15%	+0.03pp	24q	+22.3%+$7.3M
KKR & CO INC CALL	KKR	$40.1M	42,402	0.14%	+0.13pp	24q	+14.4%+$5.0M
GOLDMAN SACHS GROUP INC	GS	$39.7M	44,052	0.14%	flat	24q	HELD
BANK OF NY MELLON CORP	BNY	$38.6M	266,633	0.14%	+0.02pp	24q	+0.6%+$221.3K
COMCAST CORP NEW	CMCSA	$38.2M	1,753,396	0.14%	-0.02pp	24q	-12.6%-$5.5M
VERTIV HOLDINGS CO CALL+PUT	VRT	$38.0M	146,887	0.14%	-0.34pp	11q	-67.0%-$77.2M
LITTELFUSE INC	LFUS	$37.9M	89,463	0.14%	+0.13pp	3q	+996.4%+$34.5M
ISHARES INC	EWL	$37.7M	637,391	0.14%	+0.01pp	22q	-1.7%-$667.9K
CARRIER GLOBAL CORPORATION	CARR	$37.6M	684,670	0.14%	flat	24q	+15.7%+$5.1M
CLEAN HARBORS INC	CLH	$37.3M	120,297	0.13%	+0.02pp	20q	HELD
FORTINET INC CALL	FTNT	$37.3M	202,753	0.13%	-0.01pp	24q	-31.6%-$17.2M
OKTA INC	OKTA	$37.0M	176,760	0.13%	+0.06pp	24q	+0.9%+$328.5K
MOTOROLA SOLUTIONS INC	MSI	$37.0M	82,870	0.13%	-0.04pp	24q	-37.8%-$22.4M
ADOBE INC CALL	ADBE	$36.8M	128,813	0.13%	-0.05pp	24q	-44.0%-$29.0M
DATADOG INC PUT	DDOG	$36.4M	128,979	0.13%	+0.02pp	24q	-1.2%-$441.6K
REGAL REXNORD CORPORATION	RRX	$35.8M	230,515	0.13%	-0.06pp	24q	-9.8%-$3.9M
PEPSICO INC CALL	PEP	$35.7M	274,171	0.13%	-0.12pp	24q	-52.5%-$39.5M
KEYSIGHT TECHNOLOGIES INC	KEYS	$35.7M	97,969	0.13%	+0.03pp	24q	+11.7%+$3.7M
HUBBELL INC	HUBB	$35.1M	77,301	0.13%	-0.03pp	15q	-15.6%-$6.5M
INTERACTIVE BROKERS GROUP IN	IBKR	$34.6M	405,261	0.13%	+0.12pp	21q	+1240.2%+$32.0M
nan CALL	MELI	$34.6M	19,289	0.12%	-0.03pp	24q	-31.2%-$15.6M
STANTEC INC	STN	$33.8M	501,873	0.12%	+0.03pp	23q	+14.7%+$4.3M
PRIMORIS SVCS CORP	PRIM	$33.7M	452,306	0.12%	+0.02pp	2q	+34.0%+$8.5M
AVERY DENNISON CORP	AVY	$33.5M	196,567	0.12%	+0.12pp	4q	+12460.2%+$33.3M
CHEVRON CORPORATION CALL	CVX	$33.4M	158,342	0.12%	-0.01pp	24q	-31.7%-$15.5M
ALTRIA GROUP INC	MO	$32.9M	488,619	0.12%	+0.01pp	24q	+0.9%+$287.2K
ASML HLDG NV	ASML	$32.2M	17,782	0.12%	flat	22q	-5.6%-$1.9M
SANDISK CORP CALL+PUT	SNDK	$31.8M	7,103	0.12%	-0.03pp	4q	-21.1%-$8.5M
RTX CORPORATION CALL	RTX	$31.2M	163,694	0.11%	+0.01pp	24q	+1.4%+$424.4K
BLOOM ENERGY CORP CALL+PUT	BE	$30.3M	92,939	0.11%	+0.03pp	24q	+38.3%+$8.4M
CHUBB LIMITED	CB	$30.3M	93,164	0.11%	flat	22q	-3.6%-$1.1M
PTC INC	PTC	$30.1M	214,767	0.11%	+0.04pp	24q	+6.0%+$1.7M
STRYKER CORPORATION CALL	SYK	$29.9M	105,592	0.11%	+0.01pp	24q	+4.8%+$1.4M
BOSTON SCIENTIFIC CORP CALL	BSX	$29.7M	587,308	0.11%	-0.57pp	24q	-87.9%-$216.6M
EATON CORP PLC	ETN	$29.6M	68,974	0.11%	+0.01pp	22q	-2.0%-$592.6K
ISHARES INC	EWA	$29.6M	1,044,941	0.11%	+0.01pp	17q	+0.6%+$188.6K
VIKING HOLDINGS LTD	VIK	$29.3M	373,907	0.11%	-0.33pp	8q	-71.6%-$73.7M
MORGAN STANLEY	MS	$29.3M	155,595	0.11%	flat	24q	HELD
PULTEGROUP INC	PHM	$29.2M	251,931	0.11%	-0.03pp	24q	-20.1%-$7.3M
BANK OF AMER CORP PUT	BAC	$28.6M	485,438	0.10%	+0.05pp	24q	+81.1%+$12.8M
MCDONALDS CORP CALL+PUT	MCD	$28.3M	75,846	0.10%	+0.04pp	24q	+26.4%+$5.9M
ZSCALER INC CALL	ZS	$28.2M	136,259	0.10%	+0.03pp	24q	-12.1%-$3.9M
LOWES COS INC	LOW	$28.1M	152,599	0.10%	-0.08pp	24q	-40.8%-$19.4M
SPOTIFY TECHNOLOGY S A PUT	SPOT	$27.8M	56,614	0.10%	+0.02pp	22q	+6.4%+$1.7M
INVESCO QQQ TR PUT	QQQ	$27.1M	34,798	0.10%	-0.01pp	24q	-14.9%-$4.7M
ISHARES INC	EEMA	$26.6M	229,743	0.10%	+0.01pp	3q	+1.4%+$376.4K
ANALOG DEVICES INC	ADI	$26.6M	67,000	0.10%	-0.24pp	24q	-74.9%-$79.2M
SELECT SECTOR SPDR TR CALL	XLF	$26.4M	382,551	0.10%	-0.01pp	24q	-19.5%-$6.4M
MONOLITHIC PWR SYS INC	MPWR	$26.3M	19,540	0.10%	-0.01pp	24q	-18.3%-$5.9M
SPDR INDEX SHS FDS	GMF	$26.3M	168,561	0.10%	+0.01pp	21q	+1.2%+$321.4K
COSTCO WHOLESALE CORPORATION	COST	$26.2M	28,817	0.09%	-0.11pp	24q	-58.8%-$37.5M
NEWMONT CORP CALL	NEM	$26.2M	211,526	0.09%	+0.01pp	24q	-7.6%-$2.2M
WW GRAINGER INC	GWW	$26.2M	21,035	0.09%	flat	24q	-4.8%-$1.3M
ISHARES INC	EZU	$26.0M	386,197	0.09%	+0.01pp	23q	-2.4%-$633.3K
CITIGROUP INC	C	$25.9M	200,285	0.09%	flat	24q	-1.3%-$351.1K
PFIZER INC	PFE	$25.9M	908,096	0.09%	+0.02pp	24q	-0.9%-$230.2K
DEUTSCHE BK AG CALL+PUT	DB	$25.8M	302,474	0.09%	flat	22q	-29.1%-$10.6M
QXO INC	QXO	$25.7M	2,200,153	0.09%	-	new	NEW
ISHARES INC	EWJ	$25.7M	263,657	0.09%	+0.01pp	24q	-1.2%-$316.3K
VANGUARD INTL EQUITY INDEX F	VSS	$25.6M	165,000	0.09%	+0.01pp	24q	HELD
TRAVELERS COMPANIES INC	TRV	$25.3M	71,090	0.09%	flat	24q	-20.1%-$6.4M
COLGATE PALMOLIVE CO	CL	$24.7M	289,330	0.09%	-0.02pp	24q	-19.8%-$6.1M
NEBIUS GROUP N.V. CALL	NBIS	$24.5M	55,083	0.09%	+0.01pp	16q	-9.4%-$2.5M
COINBASE GLOBAL INC CALL+PUT	COIN	$24.0M	99,838	0.09%	+0.03pp	22q	+14.7%+$3.1M
INTUITIVE SURGICAL INC CALL	ISRG	$23.5M	56,929	0.08%	flat	24q	-14.2%-$3.9M
ROBINHOOD MKTS INC CALL	HOOD	$23.0M	77,600	0.08%	-0.04pp	12q	-5.2%-$1.3M
ROCKET LAB CORP CALL	RKLB	$22.8M	187,212	0.08%	+0.03pp	6q	+86.8%+$10.6M
BOOKING HOLDINGS INC CALL+PUT	BKNG	$22.2M	128,303	0.08%	+0.01pp	24q	+11.8%+$2.3M
WESTERN DIGITAL CORP CALL	WDC	$22.1M	24,985	0.08%	flat	24q	-11.8%-$3.0M
SENTINELONE INC	S	$21.8M	919,534	0.08%	+0.03pp	14q	-1.9%-$433.3K
BERKSHIRE HATHAWAY INC DEL CALL	BRKB	$21.8M	42,287	0.08%	+0.02pp	24q	+28.4%+$4.8M
SPDR GOLD TR	GLD	$21.8M	57,224	0.08%	+0.01pp	24q	+1.5%+$331.7K
SEA LTD CALL	SE	$21.2M	195,567	0.08%	+0.05pp	24q	+151.6%+$12.8M
EDWARDS LIFESCIENCES CORP	EW	$21.2M	245,652	0.08%	+0.01pp	24q	HELD
CUMMINS INC	CMI	$20.6M	39,839	0.07%	-0.01pp	24q	+4.7%+$918.5K
LIBERTY MEDIA CORP DEL	FWONK	$20.5M	221,985	0.07%	+0.06pp	3q	+356.8%+$16.0M
INTUIT	INTU	$20.5M	74,271	0.07%	-0.48pp	24q	-88.9%-$163.8M
CAPITAL ONE FINL CORP	COF	$20.2M	104,514	0.07%	-0.01pp	24q	-16.2%-$3.9M
DEERE CO CALL	DE	$19.7M	27,747	0.07%	+0.01pp	24q	-12.3%-$2.8M
EOG RES INC	EOG	$19.5M	141,584	0.07%	+0.02pp	24q	+12.4%+$2.1M
ROYAL BK CDA	RY	$19.4M	98,592	0.07%	+0.01pp	24q	+3.4%+$641.7K
WALMART INC CALL	WMT	$19.1M	182,701	0.07%	-0.01pp	24q	-18.8%-$4.4M
CONSTELLATION ENERGY CORP CALL	CEG	$19.1M	22,294	0.07%	+0.05pp	9q	-6.5%-$1.3M
GENERAL DYNAMICS CORP CALL	GD	$18.6M	53,748	0.07%	flat	17q	-1.3%-$241.5K
AIR PRODUCTS AND CHEMICALS I CALL	APD	$18.6M	61,331	0.07%	-0.03pp	24q	-40.8%-$12.8M
SELECT SECTOR SPDR TR CALL+PUT	XLE	$18.6M	236,216	0.07%	+0.02pp	24q	+20.2%+$3.1M
D R HORTON INC	DHI	$18.2M	133,456	0.07%	flat	24q	HELD
SK HYNIX INC CALL	SKHY	$18.1M	74,886	0.07%	-	new	NEW
QUALYS INC	QLYS	$17.9M	95,659	0.06%	+0.02pp	24q	-11.0%-$2.2M
BANK OF MONTREAL	BMO	$17.8M	106,311	0.06%	flat	22q	HELD
ZOETIS INC CALL+PUT	ZTS	$17.6M	227,152	0.06%	flat	24q	-4.2%-$763.6K
TERADYNE INC CALL	TER	$17.4M	42,455	0.06%	-0.03pp	24q	-31.6%-$8.0M
KIMBERLY CLARK CORP	KMB	$17.2M	176,121	0.06%	flat	24q	-7.1%-$1.3M
FREEPORT-MCMORAN INC CALL	FCX	$17.1M	223,922	0.06%	+0.02pp	24q	-3.9%-$692.5K
REGENERON PHARMACEUTICALS	REGN	$17.1M	22,599	0.06%	flat	24q	-31.9%-$8.0M
BECTON DICKINSON CO	BDX	$17.1M	95,573	0.06%	+0.02pp	24q	+4.5%+$731.4K
COHERENT CORP	COHR	$17.1M	59,408	0.06%	+0.02pp	11q	+88.4%+$8.0M
APPLOVIN CORP CALL	APP	$17.1M	57,856	0.06%	+0.01pp	11q	+88.0%+$8.0M
TEVA PHARMACEUTICAL INDS LTD	TEVA	$17.0M	425,426	0.06%	-	new	NEW
KRAFT HEINZ CO	KHC	$16.6M	730,761	0.06%	+0.03pp	24q	+87.9%+$7.8M
ABBOTT LABORATORIES	ABT	$16.5M	166,623	0.06%	-0.20pp	24q	-81.2%-$70.9M
WARNER BROS DISCOVERY INC	WBD	$16.3M	525,493	0.06%	+0.01pp	18q	-0.9%-$143.2K
VANGUARD INTL EQUITY INDEX F	VT	$16.2M	102,744	0.06%	+0.01pp	8q	HELD
CSX CORP	CSX	$16.1M	346,965	0.06%	flat	24q	-3.8%-$631.7K
GOLD FIELDS LTD	GFI	$16.0M	443,181	0.06%	+0.01pp	24q	HELD
CENTERPOINT ENERGY INC	CNP	$15.9M	432,767	0.06%	+0.04pp	8q	+260.3%+$11.5M
EBAY INC.	EBAY	$15.8M	149,253	0.06%	flat	24q	-7.7%-$1.3M
SEAGATE TECHNOLOGY HLDNGS PL CALL+PUT	STX	$15.8M	14,743	0.06%	+0.01pp	15q	+22.6%+$2.9M
NIKE INC CALL	NKE	$15.6M	298,803	0.06%	-0.09pp	24q	-46.3%-$13.4M
AMERICAN EXPRESS CO	AXP	$15.3M	50,469	0.06%	-0.03pp	24q	-33.5%-$7.7M
KINROSS GOLD CORP	KGC	$15.2M	629,211	0.05%	+0.01pp	4q	HELD
CARDINAL HEALTH INC	CAH	$14.8M	66,547	0.05%	flat	24q	HELD
GAMESTOP CORP CALL+PUT	GME	$14.7M	13,348	0.05%	+0.03pp	7q	-58.1%-$20.3M
TENABLE HLDGS INC	TENB	$14.4M	396,892	0.05%	flat	24q	-6.1%-$937.6K
IREN LIMITED CALL	IREN	$14.4M	53,379	0.05%	+0.03pp	13q	+31.8%+$3.5M
HONEYWELL INTL INC	HON	$14.1M	66,968	0.05%	+0.01pp	2q	+11.8%+$1.5M
REDDIT INC CALL	RDDT	$14.0M	53,448	0.05%	+0.02pp	8q	+42.8%+$4.2M
BAIDU INC CALL	BIDU	$14.0M	44,298	0.05%	+0.01pp	24q	-17.3%-$2.9M
CF INDUSTRIES HOLD	CF	$13.8M	120,037	0.05%	flat	15q	-15.0%-$2.4M
QUEST DIAGNOSTICS INC	DGX	$13.8M	59,231	0.05%	+0.01pp	24q	+3.7%+$496.2K
COEUR MNG INC	CDE	$13.6M	771,172	0.05%	+0.01pp	24q	-5.2%-$746.6K
ISHARES U S ETF TR	CMDY	$13.3M	209,750	0.05%	+0.04pp	3q	+242.7%+$9.5M
ACCENTURE PLC IRELAND	ACN	$13.3M	72,397	0.05%	+0.01pp	22q	-28.6%-$5.3M
EMBRAER S.A.	EMBJ	$13.1M	174,546	0.05%	+0.02pp	2q	+49.3%+$4.3M
BAKER HUGHES COMPANY	BKR	$13.1M	238,803	0.05%	flat	24q	-2.8%-$373.0K
ISHARES U S ETF TR	COMT	$13.1M	354,300	0.05%	+0.04pp	7q	+213.3%+$8.9M
SHOPIFY INC CALL	SHOP	$12.9M	73,257	0.05%	+0.02pp	24q	-15.0%-$2.3M
VANECK ETF TRUST CALL+PUT	SMH	$12.9M	15,616	0.05%	flat	24q	+15.0%+$1.7M
VERISIGN INC	VRSN	$12.8M	45,432	0.05%	-0.02pp	24q	-48.4%-$12.0M
ISHARES TR	EWU	$12.6M	270,485	0.05%	flat	17q	-2.2%-$289.3K
WISDOMTREE TR	ELD	$12.4M	446,559	0.04%	flat	17q	HELD
VANECK ETF TRUST CALL+PUT	GDX	$12.1M	69,830	0.04%	flat	24q	-35.0%-$6.5M
AUTOMATIC DATA PROCESSING IN CALL	ADP	$11.9M	42,449	0.04%	-0.02pp	24q	-48.5%-$11.2M
COGNIZANT TECHNOLOGY SOLUTIO	CTSH	$11.8M	205,463	0.04%	+0.02pp	24q	-4.8%-$597.4K
SNAP ON INC	SNA	$11.7M	32,200	0.04%	flat	24q	-12.4%-$1.7M
ATLASSIAN CORPORATION CALL	TEAM	$11.5M	51,188	0.04%	-0.01pp	15q	-73.4%-$31.7M
CRH PLC	CRH	$11.3M	137,015	0.04%	-0.50pp	13q	-91.4%-$120.1M
FIRST SOLAR INC	FSLR	$11.3M	64,624	0.04%	+0.01pp	24q	+42.4%+$3.4M
REPUBLIC SVCS INC	RSG	$11.3M	53,861	0.04%	+0.01pp	24q	+18.3%+$1.8M
ROSS STORES INC CALL+PUT	ROST	$11.3M	38,030	0.04%	+0.01pp	24q	-7.5%-$915.8K
PROLOGIS INC.	PLD	$11.3M	87,043	0.04%	-0.01pp	24q	-32.1%-$5.3M
PRUDENTIAL FINL INC CALL	PRU	$11.2M	96,388	0.04%	+0.01pp	24q	+11.3%+$1.1M
MARRIOTT INTL INC NEW CALL	MAR	$11.2M	23,608	0.04%	+0.01pp	24q	-14.6%-$1.9M
PHILLIPS 66	PSX	$11.1M	43,506	0.04%	+0.02pp	24q	+6.5%+$677.8K
CIENA CORP	CIEN	$11.1M	31,473	0.04%	-0.01pp	5q	+8.2%+$839.8K
CHECK POINT SOFTWARE TECH LT	CHKP	$11.0M	85,477	0.04%	flat	22q	-2.8%-$314.6K
TC ENERGY CORP	TRP	$10.9M	189,021	0.04%	-0.12pp	3q	-75.2%-$33.2M
BLOCK INC	XYZ	$10.8M	147,435	0.04%	flat	24q	-8.3%-$982.9K
AMERICAN TOWER CORP	AMT	$10.7M	65,310	0.04%	flat	24q	-9.8%-$1.2M
CEREBRAS SYSTEMS INC CALL	CBRS	$10.4M	19,634	0.04%	+0.03pp	2q	+163.8%+$6.5M
ISHARES TR	EMB	$10.4M	114,406	0.04%	flat	24q	-1.7%-$182.2K
PRICESMART INC	PSMT	$10.2M	60,113	0.04%	-0.02pp	6q	-28.5%-$4.1M
NETAPP INC	NTAP	$10.1M	48,140	0.04%	+0.02pp	24q	+11.9%+$1.1M
SHERWIN WILLIAMS CO	SHW	$10.1M	31,252	0.04%	-0.18pp	24q	-83.8%-$52.4M
ALLSTATE CORP	ALL	$10.0M	45,290	0.04%	flat	24q	-1.0%-$98.7K
ISHARES TR PUT	SOXX	$10.0M	16,367	0.04%	+0.02pp	24q	+196.8%+$6.6M
ISHARES INC	EWH	$9.9M	446,538	0.04%	+0.01pp	17q	+10.1%+$903.1K
APA CORPORATION	APA	$9.9M	237,594	0.04%	+0.01pp	16q	+0.5%+$50.8K
LOCKHEED MARTIN CORP CALL	LMT	$9.8M	6,054	0.04%	+0.03pp	24q	+20.6%+$1.7M
THE CIGNA GROUP	CI	$9.6M	35,213	0.03%	flat	24q	-2.9%-$283.8K
MACOM TECH SOLUTIONS HLDGS I	MTSI	$9.5M	33,191	0.03%	+0.03pp	13q	+757.0%+$8.4M
CURTISS WRIGHT CORP	CW	$9.4M	17,309	0.03%	-0.17pp	11q	-79.3%-$36.0M
WISDOMTREE TR	DFJ	$9.4M	81,123	0.03%	+0.01pp	17q	-1.3%-$122.6K
FUTU HLDGS LTD	FUTU	$9.4M	84,951	0.03%	flat	14q	-25.4%-$3.2M
ISHARES INC	EWS	$9.3M	280,906	0.03%	+0.01pp	17q	+8.1%+$697.1K
COREWEAVE INC CALL	CRWV	$9.3M	47,533	0.03%	flat	6q	-3.9%-$376.7K
VISTRA CORP CALL	VST	$9.3M	62,559	0.03%	+0.02pp	10q	+77.3%+$4.0M
CORTEVA INC	CTVA	$9.2M	118,855	0.03%	flat	24q	HELD
SNOWFLAKE INC CALL	SNOW	$9.0M	21,630	0.03%	+0.01pp	24q	-11.8%-$1.2M
CREDO TECHNOLOGY GROUP HOLDI	CRDO	$9.0M	46,242	0.03%	-0.01pp	9q	-5.6%-$530.2K
ISHARES INC	EWT	$9.0M	79,506	0.03%	+0.01pp	24q	+10.5%+$850.2K
L3HARRIS TECHNOLOGIES INC	LHX	$8.9M	37,641	0.03%	flat	11q	+27.6%+$1.9M
GENERAL MTRS CO CALL	GM	$8.7M	95,795	0.03%	+0.01pp	24q	-2.8%-$252.0K
CHARTER COMMUNICATIONS INC	CHTR	$8.7M	78,348	0.03%	-0.01pp	17q	-21.8%-$2.4M
FIRST TR EXCH TRD ALPHDX FD	FSZ	$8.6M	110,440	0.03%	flat	21q	HELD
MOODYS CORP	MCO	$8.6M	18,842	0.03%	flat	24q	HELD
BIONTECH SE CALL+PUT	BNTX	$8.6M	54,103	0.03%	+0.01pp	18q	-11.7%-$1.1M
VEEVA SYS INC CALL	VEEV	$8.5M	12,871	0.03%	-0.01pp	24q	-75.1%-$25.7M
SELECT SECTOR SPDR TR CALL	XLV	$8.5M	26,552	0.03%	+0.02pp	24q	+310.8%+$6.4M
EXPEDIA GROUP INC	EXPE	$8.5M	32,236	0.03%	flat	24q	-9.4%-$885.7K
IONQ INC CALL+PUT	IONQ	$8.5M	69,865	0.03%	+0.01pp	19q	+23.8%+$1.6M
WELLS FARGO & CO	WFC	$8.1M	100,708	0.03%	+0.01pp	24q	+11.4%+$825.8K
HOWMET AEROSPACE INC	HWM	$8.0M	35,552	0.03%	-0.02pp	16q	-33.4%-$4.0M
RALPH LAUREN CORP	RL	$8.0M	22,527	0.03%	flat	10q	+7.9%+$582.3K
FIRST TR EXCH TRD ALPHDX FD	FEP	$8.0M	141,028	0.03%	flat	21q	-4.1%-$340.9K
BAYTEX ENERGY CORP	BTE	$7.9M	1,757,000	0.03%	flat	15q	-6.6%-$564.8K
NOVO-NORDISK A S CALL	NVO	$7.9M	87,356	0.03%	flat	10q	-23.3%-$2.4M
IAMGOLD CORP	IAG	$7.9M	428,675	0.03%	+0.01pp	17q	HELD
FERROVIAL NV	FER	$7.8M	144,476	0.03%	-0.09pp	10q	-72.8%-$20.8M
PARKER HANNIFIN CORP	PH	$7.7M	8,097	0.03%	-0.01pp	24q	-38.4%-$4.8M
AXON ENTERPRISE INC	AXON	$7.7M	18,291	0.03%	+0.01pp	15q	+49.8%+$2.6M
ADVISORS INNER CIRCLE FD II	VNIE	$7.7M	309,587	0.03%	flat	6q	HELD
HARMONY GOLD MNG LTD	HMY	$7.7M	432,371	0.03%	+0.01pp	24q	HELD
MICROCHIP TECHNOLOGY INC. PUT	MCHP	$7.6M	88,265	0.03%	flat	24q	+1.6%+$120.5K
SOFI TECHNOLOGIES INC CALL	SOFI	$7.6M	117,080	0.03%	-0.02pp	20q	-72.7%-$20.4M
BIOGEN INC CALL+PUT	BIIB	$7.6M	14,337	0.03%	-0.01pp	24q	-29.4%-$3.2M
GARMIN LTD	GRMN	$7.6M	26,547	0.03%	flat	22q	-12.2%-$1.1M
ATOUR LIFESTYLE HLDGS LTD	ATAT	$7.6M	233,286	0.03%	flat	3q	+2.8%+$204.5K
MASCO CORP	MAS	$7.6M	112,336	0.03%	flat	24q	+21.8%+$1.4M
ISHARES INC	EMHY	$7.5M	194,103	0.03%	flat	17q	-2.4%-$186.0K
CARNIVAL CORP LTD CALL	CCL	$7.5M	84,266	0.03%	flat	2q	-18.1%-$1.6M
TECK RESOURCES LTD	TECK	$7.3M	111,052	0.03%	+0.01pp	22q	+8.3%+$559.9K
BITMINE IMMERSION TECHS INC CALL	BMNR	$7.3M	74,982	0.03%	+0.02pp	5q	+52.8%+$2.5M
INVESCO EXCH TRADED FD TR II	PCY	$7.2M	360,703	0.03%	flat	17q	-2.1%-$154.2K
D-WAVE QUANTUM INC CALL+PUT	QBTS	$7.2M	115,761	0.03%	flat	8q	+48.6%+$2.3M
CIRCLE INTERNET GROUP INC CALL	CRCL	$7.1M	9,525	0.03%	+0.01pp	6q	-69.2%-$15.9M
AMPLIFY ETF TR	SILJ	$7.0M	257,672	0.03%	flat	11q	+3.1%+$209.3K
AGCO CORP	AGCO	$7.0M	61,449	0.03%	flat	24q	+1.5%+$102.4K
ILLUMINA INC CALL	ILMN	$7.0M	20,014	0.03%	+0.01pp	24q	-10.5%-$818.8K
ISHARES GOLD TR	IAU	$7.0M	89,149	0.03%	+0.01pp	22q	+16.0%+$962.3K
ISHARES TR CALL	INDA	$7.0M	121,252	0.03%	flat	23q	-3.2%-$227.8K
TRANSDIGM GROUP INC	TDG	$6.9M	6,418	0.03%	flat	7q	-9.4%-$719.9K
FIFTH THIRD BANCORP	FITB	$6.9M	136,642	0.02%	flat	24q	-9.7%-$743.0K
F5 INC	FFIV	$6.8M	15,319	0.02%	flat	24q	+1.3%+$85.5K
HILTON WORLDWIDE HLDGS INC	HLT	$6.8M	21,433	0.02%	flat	24q	+4.8%+$309.2K
NU HLDGS LTD	NU	$6.8M	533,955	0.02%	+0.01pp	17q	+125.9%+$3.8M
INVESCO EXCH TRADED FD TR II	QQQM	$6.7M	22,068	0.02%	+0.01pp	15q	+26.3%+$1.4M
MODERNA INC CALL+PUT	MRNA	$6.5M	20,842	0.02%	flat	24q	-76.2%-$20.9M
CVS HEALTH CORP CALL	CVS	$6.4M	70,098	0.02%	flat	24q	+13.7%+$773.6K
METLIFE INC	MET	$6.4M	67,804	0.02%	flat	24q	-1.3%-$83.6K
DUKE ENERGY CORP NEW	DUK	$6.3M	55,589	0.02%	flat	17q	+1.3%+$80.3K
AECOM	ACM	$6.3M	107,475	0.02%	flat	17q	-2.0%-$127.0K
AST SPACEMOBILE INC CALL+PUT	ASTS	$6.3M	9,885	0.02%	-0.01pp	10q	+58.2%+$2.3M
LULULEMON ATHLETICA INC CALL+PUT	LULU	$6.2M	37,864	0.02%	flat	24q	-28.8%-$2.5M
WHEATON PRECIOUS METALS CORP	WPM	$6.2M	46,508	0.02%	+0.01pp	24q	+1.7%+$101.0K
RUBRIK INC.	RBRK	$6.2M	54,015	0.02%	flat	5q	-32.7%-$3.0M
AGILENT TECHNOLOGIES INC	A	$6.1M	35,483	0.02%	+0.01pp	24q	-3.7%-$237.8K
MONSTER BEVERAGE CORP NEW	MNST	$6.1M	146,109	0.02%	flat	16q	-1.2%-$73.4K
AGNICO EAGLE MINES LTD	AEM	$6.1M	33,139	0.02%	+0.01pp	24q	-0.7%-$41.9K
TARGET CORP	TGT	$6.1M	38,712	0.02%	+0.01pp	24q	+97.4%+$3.0M
ILLINOIS TOOL WKS INC	ITW	$6.0M	23,513	0.02%	flat	24q	-14.5%-$1.0M
ISHARES TR	IGV	$5.9M	55,463	0.02%	+0.01pp	24q	+16.1%+$819.4K
VANGUARD INDEX FDS	VV	$5.9M	16,745	0.02%	flat	17q	HELD
MONGODB INC	MDB	$5.8M	16,710	0.02%	flat	24q	-5.4%-$331.2K
ISHARES TR	TLT	$5.8M	74,761	0.02%	+0.01pp	24q	+64.0%+$2.3M
WELLTOWER INC	WELL	$5.8M	25,024	0.02%	flat	21q	-17.9%-$1.3M
MANULIFE FINL CORP	MFC	$5.7M	134,905	0.02%	flat	24q	HELD
ISHARES TR	ITOT	$5.7M	34,472	0.02%	flat	17q	HELD
ONDAS INC CALL	ONDS	$5.7M	588,075	0.02%	+0.02pp	4q	+797.5%+$5.1M
CHENIERE ENERGY INC	LNG	$5.7M	21,242	0.02%	flat	24q	-11.6%-$749.0K
SMUCKER J M CO	SJM	$5.6M	47,430	0.02%	flat	24q	-6.1%-$369.2K
MARATHON PETE CORP	MPC	$5.5M	14,025	0.02%	+0.01pp	24q	+23.2%+$1.0M
AEBI SCHMIDT HLDG AG	AEBI	$5.3M	503,983	0.02%	flat	5q	HELD
XPENG INC CALL	XPEV	$5.3M	409,783	0.02%	+0.01pp	24q	+656.6%+$4.6M
OMNICOM GROUP INC	OMC	$5.2M	70,901	0.02%	flat	16q	-4.8%-$264.2K
INVESCO LTD	IVZ	$5.2M	172,332	0.02%	flat	9q	-22.8%-$1.5M
HDFC BANK LTD	HDB	$5.2M	232,512	0.02%	flat	24q	HELD
SELECT SECTOR SPDR TR	XLK	$5.1M	26,301	0.02%	flat	24q	+11.6%+$534.2K
ROYAL CARIBBEAN GROUP CALL	RCL	$5.1M	16,287	0.02%	flat	22q	-7.1%-$390.4K
VANECK ETF TRUST CALL+PUT	GDXJ	$5.1M	22,551	0.02%	flat	19q	-45.8%-$4.3M
EQUINIX INC	EQIX	$5.1M	5,013	0.02%	flat	24q	+5.7%+$273.1K
ALBEMARLE CORP	ALB	$5.1M	47,895	0.02%	flat	24q	-10.9%-$618.4K
WORKDAY INC	WDAY	$5.0M	26,416	0.02%	+0.01pp	24q	-12.4%-$714.0K
PLUG PWR INC CALL	PLUG	$5.0M	2,562,649	0.02%	flat	24q	+19.8%+$830.6K
UNITED PARCEL SVCS INC CALL	UPS	$5.0M	35,343	0.02%	flat	24q	-1.6%-$81.4K
IDEX CORP	IEX	$5.0M	21,984	0.02%	flat	24q	-9.2%-$505.0K
WORTHINGTON ENTERPRISES INC	WOR	$5.0M	83,883	0.02%	-0.01pp	24q	-56.3%-$6.4M
AFLAC INC	AFL	$5.0M	44,629	0.02%	flat	24q	HELD
ISHARES TR	LQD	$5.0M	48,711	0.02%	flat	24q	-1.9%-$98.7K

Showing the largest 400 of 1,190 positions.

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Semiconductors & Electronics	$5.6B	20.1%
Software & IT Services	$3.8B	13.8%
Business Services	$1.7B	6.2%
Computer Hardware	$1.7B	6.2%
Retail & Consumer	$1.7B	6.0%
Banks & Lending	$1.5B	5.3%
Biotech & Pharma	$1.4B	5.0%
Industrials	$842.4M	3.0%
Autos & Aerospace	$812.0M	2.9%
Utilities	$744.6M	2.7%
Food, Drink & Tobacco	$727.4M	2.6%
Instruments & Controls	$688.6M	2.5%
Other sectors	$5.6B	20.4%
Not classified	$915.0M	3.3%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q3 2026	-0.9%	+2.1%	-3.0%	95%
Q2 2026	+9.1%	+14.8%	-5.8%	100%
Q1 2026	-5.7%	-4.6%	-1.0%	95%
Q4 2025	+0.9%	+2.4%	-1.5%	96%
Q3 2025	+4.5%	+7.8%	-3.3%	97%
Q2 2025	+9.3%	+10.5%	-1.1%	100%
Q1 2025	-2.3%	-4.6%	+2.2%	100%
Q4 2024	-1.1%	+2.1%	-3.2%	100%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$27.7B	1,190	89	431	524	97	28.2%	16
Q2 2026	$31.4B	1,198	106	430	541	96	23.7%	34
Q1 2026	$29.1B	1,188	129	509	416	110	24.0%	38
Q4 2025	$31.7B	1,169	115	449	436	92	27.5%	44
Q3 2025	$33.1B	1,146	115	382	510	72	29.6%	15
Q2 2025	$31.4B	1,103	85	342	549	69	31.0%	23
Q1 2025	$27.4B	1,087	88	405	504	93	31.6%	28
Q4 2024	$29.2B	1,092	124	386	475	108	33.2%	30
Q3 2024	$31.0B	1,076	74	378	489	66	32.4%	16
Q2 2024	$30.8B	1,068	89	363	505	106	33.8%	44
Q1 2024	$12.5B	1,085	92	329	527	107	25.7%	40
Q4 2023	$11.9B	1,100	115	325	514	80	24.7%	156
Q3 2023	$10.8B	1,065	51	365	450	77	23.2%	248
Q2 2023	$11.4B	1,091	105	422	422	76	23.9%	340
Q1 2023	$10.7B	1,062	97	379	464	118	24.0%	431
Q4 2022	$9.9B	1,083	129	496	345	74	23.2%	45
Q3 2022	$8.6B	1,028	118	348	449	106	24.7%	35
Q2 2022	$9.2B	1,016	114	412	389	147	27.3%	27
Q1 2022	$11.6B	1,049	124	429	419	114	29.3%	43
Q4 2021	$12.0B	1,039	94	444	372	214	29.5%	45
Q3 2021	$11.3B	1,159	121	555	310	93	31.3%	29
Q2 2021	$11.6B	1,131	232	418	360	78	34.2%	37
Q1 2021	$13.5B	977	149	435	303	79	51.8%	41
Q4 2020	$15.3B	907	0	0	0	0	54.2%	43

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.