MondegarAI
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

Q2 2025 · 13F-HR

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLCholdings as filed

Filed 2025-08-14 · accession 0000950123-25-008300

$494.01B
Reported value
2,621
Positions
2025-06-30
Period end
View analyzed profile →PRO

The Brief · UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC · Q2 2025

AI · grounded in 13F

UBS AM established a new position in NVDA valued at $37.5B. The fund also initiated new stakes in AAPL for $24.7B and AMZN for $17.1B. Additional new positions include AVGO at $10.9B and META at $10.9B.

Holdings as filed

First 500 of 2621

CUSIPTickerIssuerValue% port.SharesClassVoting
67066G104NVDANVIDIA CORPORATION$37.53B7.60%237,522,286CommonSOLE
037833100AAPLAPPLE INC$24.68B5.00%120,280,483CommonSOLE
023135106AMZNAMAZON COM INC$17.09B3.46%77,918,257CommonSOLE
11135F101AVGOBROADCOM INC$10.99B2.22%39,872,098CommonSOLE
30303M102METAMETA PLATFORMS INC$10.93B2.21%14,804,835CommonSOLE
02079K305GOOGLALPHABET INC$9.76B1.98%55,388,441CommonSOLE
88160R101TSLATESLA INC$7.86B1.59%24,757,452CommonSOLE
02079K107GOOGALPHABET INC$6.86B1.39%38,667,704CommonSOLE
532457108LLYELI LILLY & CO$6.14B1.24%7,871,481CommonSOLE
92826C839VVISA INC$5.87B1.19%16,526,067CommonSOLE
46625H100JPMJPMORGAN CHASE & CO.$5.76B1.17%19,884,778CommonSOLE
594918104MSFTMICROSOFT CORP$4.94B1.00%9,924,690CommonSOLE
57636Q104MAMASTERCARD INCORPORATED$4.62B0.94%8,229,144CommonSOLE
64110L106NFLXNETFLIX INC$4.19B0.85%3,131,860CommonSOLE
437076102HDHOME DEPOT INC$4.01B0.81%10,941,722CommonSOLE
084670702BRK/BBERKSHIRE HATHAWAY INC DEL$3.64B0.74%7,501,765CommonSOLE
742718109PGPROCTER AND GAMBLE CO$3.59B0.73%22,534,779CommonSOLE
68389X105ORCLORACLE CORP$3.35B0.68%15,311,080CommonSOLE
007903107AMDADVANCED MICRO DEVICES INC$3.31B0.67%23,304,577CommonSOLE
22160K105COSTCOSTCO WHSL CORP NEW$3.18B0.64%3,208,339CommonSOLE
81762P102NOWSERVICENOW INC$3.12B0.63%3,030,191CommonSOLE
478160104JNJJOHNSON & JOHNSON$3.01B0.61%19,674,169CommonSOLE
931142103WMTWALMART INC$2.91B0.59%29,751,774CommonSOLE
79466L302CRMSALESFORCE INC$2.87B0.58%10,511,542CommonSOLE
17275R102CSCOCISCO SYS INC$2.84B0.57%40,863,133CommonSOLE
00287Y109ABBVABBVIE INC$2.71B0.55%14,602,597CommonSOLE
91324P102UNHUNITEDHEALTH GROUP INC$2.69B0.54%8,608,589CommonSOLE
461202103INTUINTUIT$2.63B0.53%3,335,966CommonSOLE
459200101IBMINTERNATIONAL BUSINESS MACHS$2.60B0.53%8,831,967CommonSOLE
191216100KOCOCA COLA CO$2.60B0.53%36,767,344CommonSOLE
369604301GEGE AEROSPACE$2.53B0.51%9,829,239CommonSOLE
00724F101ADBEADOBE INC$2.40B0.48%6,191,060CommonSOLE
H42097107UBSUBS GROUP AG$2.39B0.48%70,666,454CommonSOLE
254687106DISDISNEY WALT CO$2.37B0.48%19,089,347CommonSOLE
G54950103LINLINDE PLC$2.33B0.47%4,956,127CommonSOLE
882508104TXNTEXAS INSTRS INC$2.23B0.45%10,722,579CommonSOLE
09857L108BKNGBOOKING HOLDINGS INC$2.08B0.42%358,503CommonSOLE
G1151C101ACNACCENTURE PLC IRELAND$2.07B0.42%6,938,871CommonSOLE
92343V104VZVERIZON COMMUNICATIONS INC$2.06B0.42%47,654,014CommonSOLE
69608A108PLTRPALANTIR TECHNOLOGIES INC$2.04B0.41%14,978,993CommonSOLE
580135101MCDMCDONALDS CORP$2.02B0.41%6,919,656CommonSOLE
58933Y105MRKMERCK & CO INC$1.99B0.40%25,133,329CommonSOLE
747525103QCOMQUALCOMM INC$1.96B0.40%12,301,493CommonSOLE
713448108PEPPEPSICO INC$1.92B0.39%14,552,144CommonSOLE
743315103PGRPROGRESSIVE CORP$1.92B0.39%7,194,107CommonSOLE
025816109AXPAMERICAN EXPRESS CO$1.88B0.38%5,887,567CommonSOLE
46120E602ISRGINTUITIVE SURGICAL INC$1.87B0.38%3,433,119CommonSOLE
375558103GILDGILEAD SCIENCES INC$1.84B0.37%16,583,078CommonSOLE
78409V104SPGIS&P GLOBAL INC$1.81B0.37%3,440,588CommonSOLE
30231G102XOMEXXON MOBIL CORP$1.80B0.36%16,694,033CommonSOLE
38141G104GSGOLDMAN SACHS GROUP INC$1.78B0.36%2,513,094CommonSOLE
002824100ABTABBOTT LABS$1.73B0.35%12,749,162CommonSOLE
00206R102TAT&T INC$1.72B0.35%59,325,758CommonSOLE
949746101WMT2WELLS FARGO CO NEW$1.67B0.34%20,821,958CommonSOLE
14040H105COFCAPITAL ONE FINL CORP$1.65B0.33%7,768,393CommonSOLE
149123101CATCATERPILLAR INC$1.64B0.33%4,228,772CommonSOLE
617446448MSMORGAN STANLEY$1.58B0.32%11,190,724CommonSOLE
58733R102MELIMERCADOLIBRE INC$1.54B0.31%590,264CommonSOLE
697435105PANWPALO ALTO NETWORKS INC$1.52B0.31%7,417,781CommonSOLE
95040Q104WELLWELLTOWER INC$1.49B0.30%9,693,143CommonSOLE
031162100AMGNAMGEN INC$1.47B0.30%5,282,439CommonSOLE
09290D101BLKBLACKROCK INC$1.46B0.30%1,391,462CommonSOLE
512807306LRCXLAM RESEARCH CORP$1.46B0.30%14,995,794CommonSOLE
458140100INTCINTEL CORP$1.43B0.29%64,047,604CommonSOLE
127387108CDNSCADENCE DESIGN SYSTEM INC$1.42B0.29%4,614,843CommonSOLE
74340W103PLDPROLOGIS INC.$1.40B0.28%13,284,978CommonSOLE
101137107BSXBOSTON SCIENTIFIC CORP$1.37B0.28%12,750,070CommonSOLE
92532F100VRTXVERTEX PHARMACEUTICALS INC$1.37B0.28%3,067,473CommonSOLE
032654105ADIANALOG DEVICES INC$1.36B0.28%5,716,144CommonSOLE
20030N101CMCSACOMCAST CORP NEW$1.34B0.27%37,562,080CommonSOLE
872540109TJXTJX COS INC NEW$1.32B0.27%10,704,082CommonSOLE
90353T100UBERUBER TECHNOLOGIES INC$1.31B0.27%14,087,634CommonSOLE
548661107LOWLOWES COS INC$1.31B0.27%5,916,063CommonSOLE
808513105SCHWSCHWAB CHARLES CORP$1.31B0.26%14,343,788CommonSOLE
053015103ADPAUTOMATIC DATA PROCESSING IN$1.30B0.26%4,217,755CommonSOLE
595112103MUMICRON TECHNOLOGY INC$1.28B0.26%10,350,411CommonSOLE
235851102DHRDANAHER CORPORATION$1.26B0.25%6,364,663CommonSOLE
571748102MRSHMARSH & MCLENNAN COS INC$1.25B0.25%5,706,940CommonSOLE
883556102TMOTHERMO FISHER SCIENTIFIC INC$1.25B0.25%3,073,043CommonSOLE
03027X100AMTAMERICAN TOWER CORP NEW$1.23B0.25%5,568,961CommonSOLE
718172109PMPHILIP MORRIS INTL INC$1.22B0.25%6,725,857CommonSOLE
907818108UNPUNION PAC CORP$1.22B0.25%5,315,366CommonSOLE
052769106ADSKAUTODESK INC$1.22B0.25%3,950,213CommonSOLE
172967424CCITIGROUP INC$1.22B0.25%14,334,221CommonSOLE
L8681T102SPOTSPOTIFY TECHNOLOGY S A$1.21B0.25%1,579,467CommonSOLE
872590104TMUST-MOBILE US INC$1.21B0.24%5,065,403CommonSOLE
G8994E103TTTRANE TECHNOLOGIES PLC$1.21B0.24%2,757,250CommonSOLE
166764100CVXCHEVRON CORP NEW$1.21B0.24%8,419,347CommonSOLE
22788C105CRWDCROWDSTRIKE HLDGS INC$1.18B0.24%2,308,310CommonSOLE
110122108BMYBRISTOL-MYERS SQUIBB CO$1.17B0.24%25,209,530CommonSOLE
036752103ELVELEVANCE HEALTH INC$1.16B0.23%2,979,321CommonSOLE
573874104MRVLMARVELL TECHNOLOGY INC$1.13B0.23%14,604,793CommonSOLE
040413205ANETARISTA NETWORKS INC$1.12B0.23%10,917,444CommonSOLE
65339F101NEENEXTERA ENERGY INC$1.11B0.23%16,045,524CommonSOLE
244199105DEDEERE & CO$1.11B0.22%2,173,841CommonSOLE
278865100ECLECOLAB INC$1.08B0.22%4,025,025CommonSOLE
G29183103ETNEATON CORP PLC$1.08B0.22%3,029,704CommonSOLE
717081103PFEPFIZER INC$1.06B0.22%43,877,690CommonSOLE
45866F104ICEINTERCONTINENTAL EXCHANGE IN$1.06B0.21%5,750,304CommonSOLE
482480100KLACKLA CORP$1.03B0.21%1,155,341CommonSOLE
H01301128ALCALCON AG$1.03B0.21%11,651,195CommonSOLE
36828A101GEVGE VERNOVA INC$1.02B0.21%1,934,056CommonSOLE
75513E101RTXRTX CORPORATION$1.02B0.21%6,987,090CommonSOLE
871607107SNPSSYNOPSYS INC$987.1M0.20%1,925,356CommonSOLE
722304102PDDPDD HOLDINGS INC$967.0M0.20%9,239,441CommonSOLE
125523100CITHE CIGNA GROUP$951.6M0.19%2,878,593CommonSOLE
58155Q103MCKMCKESSON CORP$948.4M0.19%1,294,232CommonSOLE
337738108FISVFISERV INC$937.5M0.19%5,437,382CommonSOLE
615369105MCOMOODYS CORP$936.4M0.19%1,866,893CommonSOLE
032095101APHAMPHENOL CORP NEW$925.9M0.19%9,376,566CommonSOLE
863667101SYKSTRYKER CORPORATION$912.9M0.18%2,307,552CommonSOLE
G5960L103MDTMEDTRONIC PLC$900.7M0.18%10,332,662CommonSOLE
H1467J104CBCHUBB LIMITED$898.1M0.18%3,099,871CommonSOLE
94106L109WMWASTE MGMT INC DEL$882.2M0.18%3,855,347CommonSOLE
12572Q105CMECME GROUP INC$867.8M0.18%3,148,705CommonSOLE
03769M106APOAPOLLO GLOBAL MGMT INC$857.2M0.17%6,042,038CommonSOLE
438516106HONHONEYWELL INTL INC$846.1M0.17%3,633,108CommonSOLE
G51502105JCIJOHNSON CTLS INTL PLC$842.2M0.17%7,974,065CommonSOLE
464287200IVVISHARES TR$825.1M0.17%1,328,806CommonSOLE
98978V103ZTSZOETIS INC$807.0M0.16%5,174,732CommonSOLE
252131107DXCMDEXCOM INC$797.0M0.16%9,130,614CommonSOLE
89417E109TRVTRAVELERS COMPANIES INC$787.2M0.16%2,942,317CommonSOLE
98980G102ZSZSCALER INC$759.8M0.15%2,420,254CommonSOLE
34959E109FTNTFORTINET INC$755.7M0.15%7,148,244CommonSOLE
40412C101HCAHCA HEALTHCARE INC$753.7M0.15%1,967,375CommonSOLE
67103H107ORLYOREILLY AUTOMOTIVE INC$749.0M0.15%8,309,786CommonSOLE
09260D107BXBLACKSTONE INC$743.8M0.15%4,972,757CommonSOLE
172908105CTASCINTAS CORP$737.9M0.15%3,311,031CommonSOLE
620076307MSIMOTOROLA SOLUTIONS INC$731.0M0.15%1,738,578CommonSOLE
384802104GWWGRAINGER W W INC$729.3M0.15%701,075CommonSOLE
N6596X109NXPINXP SEMICONDUCTORS N V$727.2M0.15%3,328,260CommonSOLE
654106103NKENIKE INC$719.0M0.15%10,120,622CommonSOLE
097023105BABOEING CO$714.7M0.14%3,411,095CommonSOLE
969457100WMBWILLIAMS COS INC$707.3M0.14%11,260,301CommonSOLE
88579Y101MMM3M CO$705.2M0.14%4,632,405CommonSOLE
169656105CMGCHIPOTLE MEXICAN GRILL INC$699.1M0.14%12,450,830CommonSOLE
70450Y103PYPLPAYPAL HLDGS INC$688.0M0.14%9,257,921CommonSOLE
701094104PHPARKER-HANNIFIN CORP$678.8M0.14%971,835CommonSOLE
902973304USBUS BANCORP DEL$672.2M0.14%14,854,403CommonSOLE
824348106SHWSHERWIN WILLIAMS CO$666.5M0.13%1,941,024CommonSOLE
874054109TTWOTAKE-TWO INTERACTIVE SOFTWAR$665.8M0.13%2,741,703CommonSOLE
855244109SBUXSTARBUCKS CORP$663.5M0.13%7,240,643CommonSOLE
609207105MDLZMONDELEZ INTL INC$658.5M0.13%9,764,115CommonSOLE
194162103CLCOLGATE PALMOLIVE CO$652.8M0.13%7,182,047CommonSOLE
693475105PNCPNC FINL SVCS GROUP INC$649.6M0.13%3,484,364CommonSOLE
776696106ROPROPER TECHNOLOGIES INC$648.4M0.13%1,143,953CommonSOLE
126650100CVSCVS HEALTH CORP$646.8M0.13%9,376,999CommonSOLE
03076C106AMPAMERIPRISE FINL INC$646.4M0.13%1,211,120CommonSOLE
98138H101WDAYWORKDAY INC$638.0M0.13%2,658,178CommonSOLE
001055102AFLAFLAC INC$636.9M0.13%6,039,169CommonSOLE
25809K105DASHDOORDASH INC$634.3M0.13%2,573,320CommonSOLE
303250104FICOFAIR ISAAC CORP$615.3M0.12%336,602CommonSOLE
H2927K103AMRZAMRIZE LTD$611.6M0.12%12,343,881CommonSOLE
30161N101EXCEXELON CORP$611.4M0.12%14,081,491CommonSOLE
053332102AZOAUTOZONE INC$607.9M0.12%163,759CommonSOLE
651639106NEMNEWMONT CORP$607.2M0.12%10,422,706CommonSOLE
833445109SNOWSNOWFLAKE INC$603.7M0.12%2,697,982CommonSOLE
21037T109CEGCONSTELLATION ENERGY CORP$599.1M0.12%1,856,194CommonSOLE
98419M100XYLXYLEM INC$598.5M0.12%4,626,850CommonSOLE
05464C101AXONAXON ENTERPRISE INC$592.9M0.12%716,069CommonSOLE
452308109ITWILLINOIS TOOL WKS INC$592.2M0.12%2,395,203CommonSOLE
291011104EMREMERSON ELEC CO$591.6M0.12%4,437,328CommonSOLE
842587107SOSOUTHERN CO$591.4M0.12%6,440,323CommonSOLE
26441C204DUKDUKE ENERGY CORP NEW$583.2M0.12%4,942,340CommonSOLE
126408103CSXCSX CORP$578.4M0.12%17,725,728CommonSOLE
14448C104CARRCARRIER GLOBAL CORPORATION$578.1M0.12%7,899,170CommonSOLE
231021106CMICUMMINS INC$575.2M0.12%1,756,334CommonSOLE
45168D104IDXXIDEXX LABS INC$573.9M0.12%1,070,100CommonSOLE
48251W104KKRKKR & CO INC$573.1M0.12%4,307,859CommonSOLE
363576109AJGGALLAGHER ARTHUR J & CO$571.4M0.12%1,784,809CommonSOLE
020002101ALLALLSTATE CORP$570.1M0.12%2,832,086CommonSOLE
01609W102BABAALIBABA GROUP HLDG LTD$565.9M0.11%4,989,619CommonSOLE
74460D109PSAPUBLIC STORAGE OPER CO$565.1M0.11%1,925,966CommonSOLE
03831W108APPAPPLOVIN CORP$561.7M0.11%1,604,547CommonSOLE
18915M107NETCLOUDFLARE INC$556.7M0.11%2,842,796CommonSOLE
20825C104COPCONOCOPHILLIPS$556.4M0.11%6,200,630CommonSOLE
311900104FASTFASTENAL CO$556.0M0.11%13,239,245CommonSOLE
704326107PAYXPAYCHEX INC$553.3M0.11%3,803,862CommonSOLE
G0403H108AONAON PLC$550.5M0.11%1,542,969CommonSOLE
922475108VEEVVEEVA SYS INC$550.2M0.11%1,910,567CommonSOLE
756109104OREALTY INCOME CORP$549.9M0.11%9,545,962CommonSOLE
416515104HIGHARTFORD INSURANCE GROUP INC$546.7M0.11%4,309,377CommonSOLE
31488V107FERGFERGUSON ENTERPRISES INC$540.7M0.11%2,483,081CommonSOLE
16411R208LNGCHENIERE ENERGY INC$540.3M0.11%2,218,785CommonSOLE
594972408MSTRMICROSTRATEGY INC$540.1M0.11%1,336,029CommonSOLE
278642103EBAYEBAY INC.$539.3M0.11%7,243,011CommonSOLE
209115104EDCONSOLIDATED EDISON INC$537.5M0.11%5,355,841CommonSOLE
911312106UPSUNITED PARCEL SERVICE INC$537.3M0.11%5,323,209CommonSOLE
43300A203HLTHILTON WORLDWIDE HLDGS INC$534.0M0.11%2,004,797CommonSOLE
893641100TDGTRANSDIGM GROUP INC$531.2M0.11%349,330CommonSOLE
89832Q109TFCTRUIST FINL CORP$530.5M0.11%12,340,535CommonSOLE
G25508105CRHCRH PLC$530.0M0.11%5,772,930CommonSOLE
61174X109MNSTMONSTER BEVERAGE CORP NEW$526.8M0.11%8,410,057CommonSOLE
501044101KRKROGER CO$516.9M0.10%7,206,861CommonSOLE
443201108HWMHOWMET AEROSPACE INC$511.5M0.10%2,747,998CommonSOLE
92345Y106VRSKVERISK ANALYTICS INC$502.3M0.10%1,612,623CommonSOLE
285512109EAELECTRONIC ARTS INC$502.1M0.10%3,143,929CommonSOLE
760759100RSGREPUBLIC SVCS INC$497.2M0.10%2,015,958CommonSOLE
74762E102QUREQUANTA SVCS INC$496.8M0.10%1,313,887CommonSOLE
494368103KMBKIMBERLY-CLARK CORP$493.3M0.10%3,826,082CommonSOLE
00846U101AAGILENT TECHNOLOGIES INC$490.8M0.10%4,158,631CommonSOLE
049468101TEAMATLASSIAN CORPORATION$490.7M0.10%2,416,180CommonSOLE
V7780T103RCLROYAL CARIBBEAN GROUP$485.3M0.10%1,549,793CommonSOLE
31620M106FISFIDELITY NATL INFORMATION SV$485.1M0.10%5,958,399CommonSOLE
874039100TSMTAIWAN SEMICONDUCTOR MFG LTD$482.0M0.10%2,128,041CommonSOLE
026874784AIGAMERICAN INTL GROUP INC$467.9M0.09%5,466,560CommonSOLE
12504L109CBRECBRE GROUP INC$467.5M0.09%3,336,455CommonSOLE
G3265R107APTVAPTIV PLC$467.4M0.09%6,850,837CommonSOLE
26875P101EOGEOG RES INC$467.0M0.09%3,903,993CommonSOLE
87612E106TGTTARGET CORP$466.8M0.09%4,731,471CommonSOLE
816851109SRESEMPRA$462.9M0.09%6,109,910CommonSOLE
443573100HUBSHUBSPOT INC$454.9M0.09%817,210CommonSOLE
911363109URIUNITED RENTALS INC$452.9M0.09%601,141CommonSOLE
75886F107REGNREGENERON PHARMACEUTICALS$451.7M0.09%860,441CommonSOLE
268150109DTDYNATRACE INC$451.0M0.09%8,168,152CommonSOLE
G87052109TELTE CONNECTIVITY PLC$450.9M0.09%2,673,203CommonSOLE
45687V106IRINGERSOLL RAND INC$444.2M0.09%5,340,520CommonSOLE
02209S103MOALTRIA GROUP INC$442.5M0.09%7,546,650CommonSOLE
19260Q107COINCOINBASE GLOBAL INC$441.6M0.09%1,260,064CommonSOLE
871829107SYYSYSCO CORP$434.1M0.09%5,732,089CommonSOLE
14149Y108CAHCARDINAL HEALTH INC$433.5M0.09%2,580,626CommonSOLE
773903109ROKROCKWELL AUTOMATION INC$432.2M0.09%1,301,282CommonSOLE
370334104GISGENERAL MLS INC$430.0M0.09%8,300,309CommonSOLE
744320102PRUPRUDENTIAL FINL INC$426.7M0.09%3,971,252CommonSOLE
59156R108METMETLIFE INC$426.3M0.09%5,300,364CommonSOLE
896239100TRMBTRIMBLE INC$425.7M0.09%5,602,593CommonSOLE
682680103OKEONEOK INC NEW$423.5M0.09%5,187,850CommonSOLE
770700102HOODROBINHOOD MKTS INC$423.2M0.09%4,519,493CommonSOLE
49177J102KVUEKENVUE INC$422.8M0.09%20,198,750CommonSOLE
30040W108ESEVERSOURCE ENERGY$418.3M0.08%6,575,737CommonSOLE
806857108SLBSCHLUMBERGER LTD$415.9M0.08%12,305,831CommonSOLE
49271V100KDPKEURIG DR PEPPER INC$411.9M0.08%12,459,168CommonSOLE
49456B101KMIKINDER MORGAN INC DEL$410.7M0.08%13,967,894CommonSOLE
631103108NDAQNASDAQ INC$410.3M0.08%4,588,239CommonSOLE
05722G100BKRBAKER HUGHES COMPANY$407.9M0.08%10,640,083CommonSOLE
G7S00T104PNRPENTAIR PLC$405.2M0.08%3,946,776CommonSOLE
23804L103DDOGDATADOG INC$402.8M0.08%2,998,707CommonSOLE
64110D104NTAPNETAPP INC$402.3M0.08%3,775,263CommonSOLE
744573106PEGPUBLIC SVC ENTERPRISE GRP IN$395.9M0.08%4,703,094CommonSOLE
G0450A105ACGLARCH CAP GROUP LTD$390.3M0.08%4,286,327CommonSOLE
87165B103SYFSYNCHRONY FINANCIAL$389.7M0.08%5,839,208CommonSOLE
192446102CTSHCOGNIZANT TECHNOLOGY SOLUTIO$388.0M0.08%4,972,918CommonSOLE
49338L103KEYSKEYSIGHT TECHNOLOGIES INC$385.1M0.08%2,350,199CommonSOLE
925652109VICIVICI PPTYS INC$383.6M0.08%11,767,894CommonSOLE
37045V100GMGENERAL MTRS CO$381.0M0.08%7,742,421CommonSOLE
666807102NOCNORTHROP GRUMMAN CORP$378.6M0.08%757,198CommonSOLE
42824C109HPEHEWLETT PACKARD ENTERPRISE C$376.8M0.08%18,427,444CommonSOLE
988498101YUMYUM BRANDS INC$376.0M0.08%2,537,498CommonSOLE
23331A109DHID R HORTON INC$375.9M0.08%2,916,016CommonSOLE
H50430232LOGILOGITECH INTL S A$375.2M0.08%4,162,817CommonSOLE
35671D857FCXFREEPORT-MCMORAN INC$370.1M0.07%8,538,050CommonSOLE
592688105MTDMETTLER TOLEDO INTERNATIONAL$366.3M0.07%311,832CommonSOLE
60937P106MDBMONGODB INC$365.5M0.07%1,740,353CommonSOLE
929740108WABWABTEC$365.4M0.07%1,745,433CommonSOLE
31428X106FDXFEDEX CORP$364.9M0.07%1,605,363CommonSOLE
68902V107OTISOTIS WORLDWIDE CORP$359.6M0.07%3,631,934CommonSOLE
00790R104WMSADVANCED DRAIN SYS INC DEL$357.5M0.07%3,112,654CommonSOLE
92276F100VTRVENTAS INC$354.9M0.07%5,620,089CommonSOLE
718546104PSXPHILLIPS 66$353.8M0.07%2,965,255CommonSOLE
56585A102MPCMARATHON PETE CORP$351.0M0.07%2,112,926CommonSOLE
219350105GLWCORNING INC$348.9M0.07%6,633,934CommonSOLE
571903202MARMARRIOTT INTL INC NEW$346.1M0.07%1,266,624CommonSOLE
857477103STTSTATE STR CORP$344.9M0.07%3,243,050CommonSOLE
075887109BDXBECTON DICKINSON & CO$341.9M0.07%1,985,047CommonSOLE
345370860FFORD MTR CO$340.9M0.07%31,414,972CommonSOLE
366651107ITGARTNER INC$340.8M0.07%842,993CommonSOLE
42809H107HESHESS CORP$338.8M0.07%2,445,258CommonSOLE
91913Y100VLOVALERO ENERGY CORP$338.2M0.07%2,515,783CommonSOLE
03662Q105AKXANSYS INC$335.4M0.07%954,943CommonSOLE
G96629103WTWWILLIS TOWERS WATSON PLC LTD$333.8M0.07%1,088,942CommonSOLE
G8473T100STESTERIS PLC$333.1M0.07%1,386,697CommonSOLE
165167735EXEEXPAND ENERGY CORPORATION$332.2M0.07%2,840,874CommonSOLE
444859102HUMHUMANA INC$331.6M0.07%1,356,311CommonSOLE
336433107FSLRFIRST SOLAR INC$329.6M0.07%1,990,892CommonSOLE
320517105FHNFIRST HORIZON CORPORATION$327.1M0.07%15,427,318CommonSOLE
92840M102VSTVISTRA CORP$324.2M0.07%1,672,872CommonSOLE
693718108PCARPACCAR INC$321.7M0.07%3,384,609CommonSOLE
11133T103BRBROADRIDGE FINL SOLUTIONS IN$320.6M0.06%1,319,038CommonSOLE
125896100CMSCMS ENERGY CORP$320.3M0.06%4,623,546CommonSOLE
969904101WSMWILLIAMS SONOMA INC$318.3M0.06%1,948,195CommonSOLE
22052L104CTVACORTEVA INC$318.2M0.06%4,269,214CommonSOLE
24703L202DELLDELL TECHNOLOGIES INC$315.6M0.06%2,574,081CommonSOLE
02043Q107ALNYALNYLAM PHARMACEUTICALS INC$312.5M0.06%958,336CommonSOLE
031100100AMEAMETEK INC$311.2M0.06%1,719,711CommonSOLE
92338C103VLTOVERALTO CORP$310.7M0.06%3,077,510CommonSOLE
92537N108VRTVERTIV HOLDINGS CO$309.9M0.06%2,413,388CommonSOLE
G6683N103NUNU HLDGS LTD$309.6M0.06%22,568,217CommonSOLE
001084102AGCOAGCO CORP$304.1M0.06%2,947,905CommonSOLE
29364G103ETRENTERGY CORP NEW$304.0M0.06%3,657,667CommonSOLE
693506107PPGPPG INDS INC$303.4M0.06%2,666,917CommonSOLE
294429105EFXEQUIFAX INC$302.3M0.06%1,165,533CommonSOLE
87612G101TRGPTARGA RES CORP$302.2M0.06%1,735,876CommonSOLE
M2682V108CYBRCYBERARK SOFTWARE LTD$302.1M0.06%742,528CommonSOLE
879360105TDYTELEDYNE TECHNOLOGIES INC$300.2M0.06%586,004CommonSOLE
00766T100ACMAECOM$298.7M0.06%2,646,505CommonSOLE
060505104BACBANK AMERICA CORP$297.2M0.06%6,281,527CommonSOLE
55354G100MSCIMSCI INC$296.0M0.06%513,226CommonSOLE
16119P108CHTRCHARTER COMMUNICATIONS INC N$295.2M0.06%722,135CommonSOLE
217204106CPRTCOPART INC$292.5M0.06%5,961,828CommonSOLE
892356106TSCOTRACTOR SUPPLY CO$292.3M0.06%5,538,825CommonSOLE
771049103RBLXROBLOX CORP$290.6M0.06%2,762,600CommonSOLE
171340102CHDCHURCH & DWIGHT CO INC$290.1M0.06%3,017,910CommonSOLE
G2519Y108BAPCREDICORP LTD$287.6M0.06%1,286,721CommonSOLE
12503M108CBOECBOE GLOBAL MKTS INC$287.5M0.06%1,232,622CommonSOLE
94106B101WCNWASTE CONNECTIONS INC$284.4M0.06%1,522,944CommonSOLE
M22465104CHKPCHECK POINT SOFTWARE TECH LT$283.9M0.06%1,282,991CommonSOLE
25746U109DDOMINION ENERGY INC$283.3M0.06%5,011,913CommonSOLE
754730109RJFRAYMOND JAMES FINL INC$281.6M0.06%1,835,972CommonSOLE
78410G104SBACSBA COMMUNICATIONS CORP NEW$280.8M0.06%1,195,553CommonSOLE
281020107EIXEDISON INTL$279.1M0.06%5,408,944CommonSOLE
500754106KHCKRAFT HEINZ CO$278.8M0.06%10,798,196CommonSOLE
H2906T109GRMNGARMIN LTD$277.6M0.06%1,329,835CommonSOLE
668771108GENGEN DIGITAL INC$277.1M0.06%9,424,081CommonSOLE
N00985106AERAERCAP HOLDINGS NV$277.0M0.06%2,367,657CommonSOLE
15135B101CNCCENTENE CORP DEL$276.6M0.06%5,095,858CommonSOLE
579780206MKCMCCORMICK & CO INC$275.6M0.06%3,634,422CommonSOLE
025537101AEPAMERICAN ELEC PWR CO INC$275.1M0.06%2,651,049CommonSOLE
487836108KKELLANOVA$273.7M0.06%3,441,368CommonSOLE
50212V100LPLALPL FINL HLDGS INC$273.4M0.06%729,209CommonSOLE
531229755FWONKLIBERTY MEDIA CORP DEL$272.8M0.06%2,610,653CommonSOLE
74144T108TROWPRICE T ROWE GROUP INC$272.5M0.06%2,823,401CommonSOLE
504922105LHLABCORP HOLDINGS INC$272.4M0.06%1,037,834CommonSOLE
761152107RMDRESMED INC$268.3M0.05%1,040,088CommonSOLE
40434L105HPQHP INC$268.1M0.05%10,959,214CommonSOLE
745867101PHMPULTE GROUP INC$268.0M0.05%2,541,377CommonSOLE
929160109VMCVULCAN MATLS CO$267.7M0.05%1,026,379CommonSOLE
151290889CXCEMEX SAB DE CV$267.5M0.05%38,600,519CommonSOLE
90138F102TWLOTWILIO INC$265.5M0.05%2,135,096CommonSOLE
446150104HBANHUNTINGTON BANCSHARES INC$265.5M0.05%15,839,874CommonSOLE
380237107GDDYGODADDY INC$264.7M0.05%1,469,990CommonSOLE
595017104MCHPMICROCHIP TECHNOLOGY INC.$263.9M0.05%3,750,134CommonSOLE
90384S303ULTAULTA BEAUTY INC$263.4M0.05%562,954CommonSOLE
256163106DOCUDOCUSIGN INC$263.3M0.05%3,379,939CommonSOLE
29084Q100EMEEMCOR GROUP INC$262.1M0.05%490,075CommonSOLE
45784P101PODDINSULET CORP$261.5M0.05%832,457CommonSOLE
518439104ELLAUDER ESTEE COS INC$260.2M0.05%3,220,694CommonSOLE
G7997R103STXSEAGATE TECHNOLOGY HLDNGS PL$259.0M0.05%1,794,269CommonSOLE
69370C100PTCPTC INC$256.9M0.05%1,490,583CommonSOLE
858119100STLDSTEEL DYNAMICS INC$255.4M0.05%1,995,293CommonSOLE
665859104NTRSNORTHERN TR CORP$253.4M0.05%1,998,556CommonSOLE
550021109LULULULULEMON ATHLETICA INC$252.0M0.05%1,060,767CommonSOLE
315616102FFIVF5 INC$251.7M0.05%855,295CommonSOLE
72352L106PINSPINTEREST INC$251.2M0.05%7,004,599CommonSOLE
46266C105IQVIQVIA HLDGS INC$250.3M0.05%1,588,343CommonSOLE
629377508NRGNRG ENERGY INC$249.3M0.05%1,552,736CommonSOLE
679580100ODFLOLD DOMINION FREIGHT LINE IN$249.3M0.05%1,536,269CommonSOLE
679295105OKTAOKTA INC$246.2M0.05%2,462,769CommonSOLE
7591EP100RFREGIONS FINANCIAL CORP NEW$245.8M0.05%10,449,629CommonSOLE
778296103ROSTROSS STORES INC$245.1M0.05%1,921,336CommonSOLE
98980L101ZNGAZOOM COMMUNICATIONS INC$241.2M0.05%3,093,047CommonSOLE
256677105DGDOLLAR GEN CORP NEW$240.7M0.05%2,104,622CommonSOLE
22160N109CSGPCOSTAR GROUP INC$239.7M0.05%2,981,698CommonSOLE
03990B101ARESARES MANAGEMENT CORPORATION$239.7M0.05%1,384,060CommonSOLE
69331C108PCGPG&E CORP$239.6M0.05%17,184,463CommonSOLE
31946M103FCNCAFIRST CTZNS BANCSHARES INC N$237.8M0.05%121,549CommonSOLE
369550108GDGENERAL DYNAMICS CORP$237.7M0.05%815,102CommonSOLE
55261F104MTBM & T BK CORP$236.5M0.05%1,219,148CommonSOLE
609839105MPWRMONOLITHIC PWR SYS INC$236.5M0.05%323,293CommonSOLE
92343E102VRSNVERISIGN INC$235.1M0.05%814,000CommonSOLE
422806109HEIHEICO CORP NEW$234.6M0.05%715,159CommonSOLE
049560105ATOATMOS ENERGY CORP$234.4M0.05%1,521,083CommonSOLE
852234103XYZBLOCK INC$233.4M0.05%3,436,502CommonSOLE
038222105AMATAPPLIED MATLS INC$233.0M0.05%1,272,907CommonSOLE
46187W107INVHINVITATION HOMES INC$232.3M0.05%7,080,853CommonSOLE
146869102CVNACARVANA CO$231.0M0.05%685,473CommonSOLE
427866108HSYHERSHEY CO$229.6M0.05%1,383,397CommonSOLE
459506101IFFINTERNATIONAL FLAVORS&FRAGRA$228.6M0.05%3,108,013CommonSOLE
955306105WSTWEST PHARMACEUTICAL SVSC INC$226.6M0.05%1,035,773CommonSOLE
34959J108FTVFORTIVE CORP$224.5M0.05%4,305,807CommonSOLE
62944T105NVRNVR INC$224.2M0.05%30,358CommonSOLE
36266G107GEHCGE HEALTHCARE TECHNOLOGIES I$222.8M0.05%3,008,539CommonSOLE
539830109LMTLOCKHEED MARTIN CORP$221.5M0.04%478,244CommonSOLE
76954A103RIVNRIVIAN AUTOMOTIVE INC$220.9M0.04%16,076,949CommonSOLE
82509L107SHOPSHOPIFY INC$220.3M0.04%1,910,148CommonSOLE
09062X103BIIBBIOGEN INC$218.9M0.04%1,743,209CommonSOLE
477839104JBTMJBT MAREL CORPORATION$218.8M0.04%1,819,374CommonSOLE
74834L100DGXQUEST DIAGNOSTICS INC$218.5M0.04%1,216,501CommonSOLE
G25839104CCEPCOCA-COLA EUROPACIFIC PARTNE$218.0M0.04%2,350,852CommonSOLE
466313103JBLJABIL INC$214.1M0.04%981,533CommonSOLE
216648501COOCOOPER COS INC$213.9M0.04%3,005,277CommonSOLE
372460105GPCGENUINE PARTS CO$213.4M0.04%1,759,384CommonSOLE
902252105TYLTYLER TECHNOLOGIES INC$213.3M0.04%359,710CommonSOLE
780087102RYROYAL BK CDA$213.1M0.04%1,620,021CommonSOLE
115236101BROBROWN & BROWN INC$212.4M0.04%1,915,992CommonSOLE
934423104WBDWARNER BROS DISCOVERY INC$211.0M0.04%18,410,854CommonSOLE
941848103WATWATERS CORP$210.6M0.04%603,483CommonSOLE
260003108DOVDOVER CORP$209.1M0.04%1,141,272CommonSOLE
866674104SUISUN CMNTYS INC$208.5M0.04%1,648,078CommonSOLE
92939U106WECWEC ENERGY GROUP INC$208.2M0.04%1,997,714CommonSOLE
570535104MKLMARKEL GROUP INC$207.5M0.04%103,874CommonSOLE
573284106MLMMARTIN MARIETTA MATLS INC$207.4M0.04%377,895CommonSOLE
26614N102DDDUPONT DE NEMOURS INC$205.9M0.04%3,001,291CommonSOLE
958102105WDCWESTERN DIGITAL CORP$205.0M0.04%3,203,282CommonSOLE
670346105NUENUCOR CORP$203.7M0.04%1,572,380CommonSOLE
98389B100XELXCEL ENERGY INC$202.7M0.04%2,977,092CommonSOLE
12514G108CDWCDW CORP$201.6M0.04%1,129,066CommonSOLE
086516101BBYBEST BUY INC$201.6M0.04%3,002,456CommonSOLE
316773100FITBFIFTH THIRD BANCORP$196.3M0.04%4,772,522CommonSOLE
174610105CFGCITIZENS FINL GROUP INC$195.7M0.04%4,372,866CommonSOLE
48203R104JNPJUNIPER NETWORKS INC$192.6M0.04%4,822,310CommonSOLE
682189105ONON SEMICONDUCTOR CORP$189.7M0.04%3,619,380CommonSOLE
21036P108STZCONSTELLATION BRANDS INC$189.2M0.04%1,163,072CommonSOLE
172062101CINFCINCINNATI FINL CORP$189.1M0.04%1,269,997CommonSOLE
29444U700EQIXEQUINIX INC$185.7M0.04%233,496CommonSOLE
122017106BURLBURLINGTON STORES INC$184.0M0.04%790,822CommonSOLE
65473P105NINISOURCE INC$182.9M0.04%4,532,806CommonSOLE
G3643J108FLUTFLUTTER ENTMT PLC$182.0M0.04%636,973CommonSOLE
101121101BXPBXP INC$181.2M0.04%2,686,179CommonSOLE
85208M102SFMSPROUTS FMRS MKT INC$180.6M0.04%1,097,117CommonSOLE
758849103REGREGENCY CTRS CORP$179.8M0.04%2,523,844CommonSOLE
86800U302SMCISUPER MICRO COMPUTER INC$178.4M0.04%3,639,198CommonSOLE
460146103IPINTERNATIONAL PAPER CO$176.8M0.04%3,776,188CommonSOLE
46432F842IEFAISHARES TR$174.8M0.04%2,094,000CommonSOLE
64125C109NBIXNEUROCRINE BIOSCIENCES INC$174.4M0.04%1,387,635CommonSOLE
13646K108CPCANADIAN PACIFIC KANSAS CITY$173.8M0.04%2,192,784CommonSOLE
88339J105TTDTHE TRADE DESK INC$173.6M0.04%2,411,508CommonSOLE
37940X102GPNGLOBAL PMTS INC$172.3M0.03%2,152,842CommonSOLE
452327109ILMNILLUMINA INC$171.4M0.03%1,796,719CommonSOLE
29452E101EQHEQUITABLE HLDGS INC$171.1M0.03%3,050,608CommonSOLE
35137L105FOXAFOX CORP$169.4M0.03%3,022,756CommonSOLE
436440101HO1HOLOGIC INC$169.1M0.03%2,594,683CommonSOLE
526107107LIILENNOX INTL INC$168.6M0.03%294,182CommonSOLE
60855R100MOHMOLINA HEALTHCARE INC$168.2M0.03%564,461CommonSOLE
443510607HUBBHUBBELL INC$167.9M0.03%411,200CommonSOLE
891160509TDTORONTO DOMINION BK ONT$167.8M0.03%2,283,959CommonSOLE
237194105DRIDARDEN RESTAURANTS INC$167.7M0.03%769,420CommonSOLE
25179M103DVNDEVON ENERGY CORP NEW$167.6M0.03%5,268,631CommonSOLE
98956P102ZBHZIMMER BIOMET HOLDINGS INC$167.3M0.03%1,833,921CommonSOLE
74251V102PFGPRINCIPAL FINANCIAL GROUP IN$166.7M0.03%2,098,718CommonSOLE
184496107CLHCLEAN HARBORS INC$166.5M0.03%720,312CommonSOLE
758750103RRXREGAL REXNORD CORPORATION$166.0M0.03%1,145,362CommonSOLE
502431109LHXL3HARRIS TECHNOLOGIES INC$164.7M0.03%656,474CommonSOLE
74624M102PPURE STORAGE INC$164.1M0.03%2,850,012CommonSOLE
493267108KEYKEYCORP$162.9M0.03%9,349,560CommonSOLE
759509102RSRELIANCE INC$161.2M0.03%513,589CommonSOLE
26884L109EQTEQT CORP$161.1M0.03%2,763,102CommonSOLE
303075105FDSFACTSET RESH SYS INC$160.2M0.03%358,197CommonSOLE
525327102LDOSLEIDOS HOLDINGS INC$160.2M0.03%1,015,499CommonSOLE
92936U109WPCWP CAREY INC$160.2M0.03%2,567,832CommonSOLE
15189T107CNPCENTERPOINT ENERGY INC$159.9M0.03%4,350,848CommonSOLE
79589L106IOTSAMSARA INC$158.8M0.03%3,991,481CommonSOLE
Y2573F102FLEXFLEX LTD$158.1M0.03%3,167,201CommonSOLE
12541W209CHRWC H ROBINSON WORLDWIDE INC$157.7M0.03%1,643,084CommonSOLE
962166104WYWEYERHAEUSER CO MTN BE$155.8M0.03%6,064,175CommonSOLE
189054109CLXCLOROX CO DEL$154.7M0.03%1,288,497CommonSOLE
142339100CSLCARLISLE COS INC$154.1M0.03%412,634CommonSOLE
46429B598INDAISHARES TR$153.8M0.03%2,762,173CommonSOLE
632307104NTRANATERA INC$153.4M0.03%908,007CommonSOLE
902653104UDRUDR INC$153.4M0.03%3,756,378CommonSOLE
40131M109GHGUARDANT HEALTH INC$152.7M0.03%2,933,988CommonSOLE
243537107DECKDECKERS OUTDOOR CORP$152.6M0.03%1,480,886CommonSOLE
98850P109YUMCYUM CHINA HLDGS INC$151.9M0.03%3,398,008CommonSOLE
45167R104IEXIDEX CORP$149.3M0.03%850,135CommonSOLE
540424108LLOEWS CORP$149.2M0.03%1,627,935CommonSOLE
053611109AVYAVERY DENNISON CORP$146.9M0.03%837,287CommonSOLE
G7709Q104RPRXROYALTY PHARMA PLC$146.9M0.03%4,076,999CommonSOLE
89400J107TRUTRANSUNION$146.8M0.03%1,668,391CommonSOLE
023608102AEEAMEREN CORP$146.5M0.03%1,525,348CommonSOLE
143658300CCL1EURCARNIVAL CORP$146.4M0.03%5,205,181CommonSOLE
526057104LENLENNAR CORP$145.4M0.03%1,314,672CommonSOLE
922908363VOOVANGUARD INDEX FDS$144.8M0.03%254,975CommonSOLE
874080104TALTAL EDUCATION GROUP$142.5M0.03%13,942,562CommonSOLE
G0250X107AMCRAMCOR PLC$142.4M0.03%15,492,014CommonSOLE
219948106CPAYCORPAY INC$142.1M0.03%428,304CommonSOLE
016255101ALGNALIGN TECHNOLOGY INC$142.0M0.03%749,768CommonSOLE
00971T101AKAMAKAMAI TECHNOLOGIES INC$141.9M0.03%1,778,883CommonSOLE
256746108DLTRDOLLAR TREE INC$141.6M0.03%1,429,637CommonSOLE
84265V105SCCOSOUTHERN COPPER CORP$141.6M0.03%1,399,144CommonSOLE
084670108BRK/ABERKSHIRE HATHAWAY INC DEL$140.7M0.03%193CommonSOLE
N53745100LYBLYONDELLBASELL INDUSTRIES N$140.0M0.03%2,420,088CommonSOLE
30212P303EXPEEXPEDIA GROUP INC$137.4M0.03%814,756CommonSOLE
29472R108ELSEQUITY LIFESTYLE PPTYS INC$136.1M0.03%2,206,505CommonSOLE
039483102ADMARCHER DANIELS MIDLAND CO$135.8M0.03%2,572,972CommonSOLE
562750109MANHMANHATTAN ASSOCIATES INC$135.4M0.03%685,506CommonSOLE
058498106BALLBALL CORP$135.1M0.03%2,408,765CommonSOLE
921943858VEAVANGUARD TAX-MANAGED FDS$134.7M0.03%2,362,653CommonSOLE
45337C102INCYINCYTE CORP$134.2M0.03%1,970,652CommonSOLE
67059N108NTNXNUTANIX INC$132.2M0.03%1,729,246CommonSOLE
337932107FEFIRSTENERGY CORP$131.7M0.03%3,271,191CommonSOLE
N20944109CNHCNH INDL N V$131.0M0.03%10,107,884CommonSOLE
538034109LYVLIVE NATION ENTERTAINMENT IN$129.7M0.03%857,321CommonSOLE
671044105OSISOSI SYSTEMS INC$129.5M0.03%575,748CommonSOLE
384109104GGGGRACO INC$129.4M0.03%1,504,708CommonSOLE
125269100CFCF INDS HLDGS INC$129.2M0.03%1,404,237CommonSOLE
880770102TERTERADYNE INC$128.8M0.03%1,432,172CommonSOLE
02665T306AMHAMERICAN HOMES 4 RENT$128.7M0.03%3,568,450CommonSOLE
876030107TPRTAPESTRY INC$128.1M0.03%1,459,334CommonSOLE
89377M109TMDXTRANSMEDICS GROUP INC$128.1M0.03%955,675CommonSOLE
233331107DTEDTE ENERGY CO$126.3M0.03%953,740CommonSOLE
574599106MASMASCO CORP$125.8M0.03%1,954,904CommonSOLE
406216101HALHALLIBURTON CO$125.5M0.03%6,155,739CommonSOLE
681919106OMCOMNICOM GROUP INC$125.4M0.03%1,742,820CommonSOLE
775711104ROLROLLINS INC$124.2M0.03%2,202,165CommonSOLE
29250N105ENBENBRIDGE INC$122.7M0.02%2,708,241CommonSOLE
517834107LVSLAS VEGAS SANDS CORP$122.6M0.02%2,816,986CommonSOLE
422806208HEI/AHEICO CORP NEW$121.1M0.02%467,971CommonSOLE
11271J107BNBROOKFIELD CORP$120.5M0.02%1,947,660CommonSOLE
G3223R108EGEVEREST GROUP LTD$120.2M0.02%353,688CommonSOLE
09290C509LCTUBLACKROCK ETF TRUST$120.1M0.02%1,785,000CommonSOLE
31620R303FNFFIDELITY NATIONAL FINANCIAL$119.6M0.02%2,133,227CommonSOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.