Fund HoldingsBNP PARIBAS FINANCIAL MARKETS

Total Portfolio Value
$130.92B
Total Bought
$29.00B
Total Sold
$31.68B
Net Transaction
-$2.68B
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
UnitedHealth Group Inc(UNH)1,250,8592,092,079+841,220632,7601,095,7260.84%+462,967
iShares MSCI USA Quality Factor ETF
MSCI USA QLT FCT
02,705,108+2,705,1080462,2760.35%+462,276
Alibaba Group Holding Ltd(BABA)7,586,1668,132,447+546,281643,2311,075,3530.82%+432,122
iShares iBoxx $ High Yield Corporate Bond ETF(Call)053,000+53,0000418,117+418,117
iShares Core S&P 500 ETF1,411,4072,174,209+762,802830,8671,221,6880.93%+390,821
Analog Devices Inc(ADI)03,802,636+3,802,6360766,8780.59%+766,878
JPMorgan Chase & Co(JPM)04,991,496+4,991,49601,224,4140.94%+1,224,414
AbbVie Inc(ABBV)03,075,727+3,075,7270644,4260.49%+644,426
UnitedHealth Group Inc(UNH)(Put)07,753+7,7530406,063+406,063
Procter & Gamble Co(PG)04,129,087+4,129,0870703,6790.54%+703,679
Flutter Entertainment PLC(FLUT)01,994,656+1,994,6560441,9160.34%+441,916
Walmart Inc(WMT)07,305,204+7,305,2040641,3240.49%+641,324
Vanguard Real Estate ETF03,252,481+3,252,4810294,4800.22%+294,480
Cisco Systems Inc(CSCO)13,668,96917,017,351+3,348,382809,2031,050,1410.80%+240,938
SPDR Gold Shares(GLD)01,380,273+1,380,2730397,7120.30%+397,712
iShares Silver Trust(SLV)(Call)089,890+89,8900278,569+278,569
International Business Machines Corp(IBM)02,750,179+2,750,1790683,8600.52%+683,860
Progressive Corp(PGR)01,766,657+1,766,6570499,9820.38%+499,982
iShares MSCI EAFE ETF04,555,316+4,555,3160372,3060.28%+372,306
Health Care Select Sector SPDR Fund(Put)
ST STR CARE ETF
013,600+13,6000198,574+198,574
Chevron Corp(CVX)03,787,248+3,787,2480633,5690.48%+633,569
Invesco S&P 500 Equal Weight ETF
S&P500 EQL WGT
02,345,492+2,345,4920406,3100.31%+406,310
SPDR Dow Jones Industrial Average ETF Trust(DIA)0896,260+896,2600376,3220.29%+376,322
Danaher Corp(DHR)02,003,593+2,003,5930410,7370.31%+410,737
ConocoPhillips(COP)02,871,970+2,871,9700301,6140.23%+301,614
iShares MSCI Emerging Markets ETF(Call)0107,375+107,3750469,229+469,229
Eli Lilly & Co(LLY)0854,382+854,3820705,6430.54%+705,643
SPDR Gold Shares(GLD)(Call)06,965+6,9650200,690+200,690
PDD Holdings Inc(PDD)05,340,634+5,340,6340632,0640.48%+632,064
Marsh & McLennan Cos Inc(MRSH)01,627,515+1,627,5150397,1620.30%+397,162
Merck & Co Inc(MRK)5,730,7738,205,488+2,474,715570,097736,5250.56%+166,427
Amgen Inc(AMGN)01,282,939+1,282,9390399,7000.31%+399,700
iShares MSCI Japan ETF
MSCI JAPAN ETF
02,398,952+2,398,9520164,4720.13%+164,472
iShares Russell 2000 ETF(Call)050,025+50,0250997,949+997,949
Health Care Select Sector SPDR Fund
ST STR CARE ETF
01,088,028+1,088,0280158,8630.12%+158,863
Texas Instruments Inc(TXN)02,992,171+2,992,1710537,6930.41%+537,693
iShares Silver Trust(SLV)04,743,808+4,743,8080147,0110.11%+147,011
Philip Morris International Inc(PM)02,953,658+2,953,6580468,8340.36%+468,834
Altria Group Inc(MO)04,391,414+4,391,4140263,5730.20%+263,573
CVS Health Corp(CVS)03,806,716+3,806,7160257,9050.20%+257,905
iShares J.P. Morgan USD Emerging Markets Bond ETF03,111,230+3,111,2300281,8460.22%+281,846
Pfizer Inc(PFE)025,156,139+25,156,1390637,4570.49%+637,457
NASDAQ 100 Index01,667,164+1,667,1640781,7670.60%+781,767
Financial Select Sector SPDR Fund
ST STR FINL ETF
11,216,25813,496,247+2,279,989542,082672,2480.51%+130,166
Advanced Micro Devices Inc(AMD)(Put)76,013101,539+25,526918,1611,043,212+125,051
ARM Holdings PLC926,4172,189,108+1,262,691114,283233,7750.18%+119,492
VanEck Semiconductor ETF(Call)
SEMICONDUCTR ETF
012,065+12,0650255,139+255,139
iShares Semiconductor ETF0968,262+968,2620182,1980.14%+182,198
Abbott Laboratories3,080,0203,507,769+427,749348,381465,3060.36%+116,924
NextEra Energy Inc(NEE)04,584,657+4,584,6570325,0060.25%+325,006
Applied Materials Inc3,402,3634,604,391+1,202,028553,326668,1890.51%+114,863
AT&T Inc(T)015,654,053+15,654,0530442,6970.34%+442,697
Visa Inc(V)2,761,6502,804,228+42,578872,792982,7700.75%+109,978
VanEck Semiconductor ETF
SEMICONDUCTR ETF
01,991,703+1,991,7030421,1850.32%+421,185
ASML Holding NV
N Y REGISTRY SHS
0344,105+344,1050228,0140.17%+228,014
Uber Technologies Inc(UBER)(Put)022,772+22,7720165,917+165,917
Alphabet Inc(GOOG)6,831,2418,981,865+2,150,6241,300,9421,403,2371.07%+102,295
XPeng Inc(XPEV)05,306,883+5,306,8830109,9590.08%+109,959
SPDR S&P Retail ETF
ST STR SP RETAIL
01,453,326+1,453,3260100,4100.08%+100,410
Intel Corp(INTC)016,096,528+16,096,5280365,5520.28%+365,552
Cencora Inc(Call)03,639+3,6390101,197+101,197
Bristol-Myers Squibb Co(BMY)05,240,580+5,240,5800319,6230.24%+319,623
Intuit Inc(INTU)(Call)01,749+1,7490107,387+107,387
Eaton Corp PLC(ETN)0984,659+984,6590267,6600.20%+267,660
Consumer Discretionary Select Sector SPDR Fund
ST STR DISCR ETF
0960,023+960,0230189,5660.14%+189,566
CME Group Inc(CME)01,163,369+1,163,3690308,6300.24%+308,630
Regeneron Pharmaceuticals Inc(REGN)0746,613+746,6130473,5240.36%+473,524
Mastercard Inc(MA)01,132,993+1,132,9930621,0160.47%+621,016
Zoetis Inc(ZTS)01,169,634+1,169,6340192,5800.15%+192,580
RTX Corp(RTX)1,477,6021,908,094+430,492170,988252,7460.19%+81,758
iShares China Large-Cap ETF(Call)048,077+48,0770172,308+172,308
United Parcel Service Inc(UPS)01,907,957+1,907,9570209,8560.16%+209,856
Mondelez International Inc(MDLZ)03,483,322+3,483,3220236,3430.18%+236,343
First Trust Utilities AlphaDEX Fund
UTILITIES ALPH
01,900,000+1,900,000077,9190.06%+77,919
Boston Scientific Corp(BSX)03,204,224+3,204,2240323,2420.25%+323,242
iShares 20 Year Treasury Bond ETF01,572,811+1,572,8110143,1730.11%+143,173
Monolithic Power Systems Inc(MPWR)0284,097+284,0970164,7710.13%+164,771
Target Corp(TGT)01,834,596+1,834,5960191,4580.15%+191,458
NASDAQ 100 Index(Put)021,296+21,2960998,612+998,612
Real Estate Select Sector SPDR Fund
ST STR REAL ETF
03,611,145+3,611,1450151,1260.12%+151,126
Argenx SE(ARGX)0133,359+133,359078,9310.06%+78,931
Blackrock Inc(BLK)224,928319,964+95,036230,576302,8400.23%+72,264
Linde PLC(LIN)1,093,1761,137,021+43,845457,680529,4420.40%+71,762
Phillips 66(PSX)0990,914+990,9140122,3580.09%+122,358
iShares China Large-Cap ETF(Put)051,084+51,0840183,085+183,085
General Electric Co(GE)4,486,1254,082,111-404,014748,241817,0350.62%+68,794
Cigna Group(CI)0542,173+542,1730178,3750.14%+178,375
CoStar Group Inc(CSGP)01,660,883+1,660,8830131,5920.10%+131,592
Dutch Bros Inc(BROS)01,144,488+1,144,488070,6610.05%+70,661
Taiwan Semiconductor Manufacturing Co Ltd(TSM)(Put)04,246+4,246070,484+70,484
Arista Networks Inc(ANET)(Put)09,530+9,530073,838+73,838
Targa Resources Corp(TRGP)0723,237+723,2370144,9870.11%+144,987
CyberArk Software Ltd0230,362+230,362077,8620.06%+77,862
iShares Russell Mid-Cap Growth ETF0554,411+554,411065,1380.05%+65,138
Cardinal Health Inc(CAH)01,386,495+1,386,4950191,0170.15%+191,017
iShares MSCI USA Momentum Factor ETF
MSCI USA MMENTM
0642,494+642,4940129,8670.10%+129,867
Take-Two Interactive Software Inc(TTWO)(Put)06,231+6,2310129,137+129,137
Humana Inc(HUM)0656,741+656,7410173,7740.13%+173,774
Cencora Inc0611,688+611,6880170,1040.13%+170,104
Honeywell International Inc(HON)01,616,800+1,616,8000342,3570.26%+342,357
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