HolderBook

FEDERATED HERMES, INC.

Reported holdings as of Q2 2026, from 31 quarterly filings.

CIK
1056288
Reported value
$69.6B
Positions
2,038
Top 10 weight
16.2%
Filed
2026-08-12
Days after quarter end
43

Holdings

SecurityTickerValue SharesWeightWeight change Held Change
NVIDIA CORPORATIONNVDA$1.9B9,482,8802.73%+0.13pp31q+3.6%+$65.7M
APPLE INCAAPL$1.8B6,133,4142.55%+0.65pp31q+33.0%+$440.7M
ALPHABET INCGOOGL$1.4B3,825,1841.97%-0.33pp31q-22.1%-$387.6M
ABBVIE INCABBV$1.1B4,461,4491.61%+0.21pp31q+12.1%+$121.1M
MICROSOFT CORPMSFT$975.7M2,615,7251.40%-0.40pp31q-12.6%-$140.7M
GE VERNOVA INCGEV$909.6M774,2511.31%+0.19pp9q-1.4%-$13.3M
VIKING HOLDINGS LTDVIK$862.5M8,239,8071.24%+0.21pp8q-4.1%-$37.0M
AMAZON COM INCAMZN$827.0M3,469,7171.19%-0.01pp31q-2.0%-$17.3M
MICRON TECHNOLOGY INCMU$797.9M691,2901.15%+0.89pp31q+47.6%+$257.2M
GE AEROSPACEGE$731.8M1,958,1981.05%+0.39pp20q+36.7%+$196.7M
US BANCORPUSB$712.5M11,797,1021.02%+0.05pp31q+2.5%+$17.3M
BROADCOM INCAVGO$711.2M1,882,7981.02%-0.18pp31q-21.3%-$192.1M
COMFORT SYS USA INCFIX$676.8M341,4850.97%+0.37pp31q+27.9%+$147.6M
QUANTA SVCS INCPWR$620.1M861,2330.89%+0.24pp31q+17.3%+$91.3M
BANK OF NY MELLON CORPBNY$610.3M4,220,1660.88%+0.04pp31q-2.6%-$16.5M
VERIZON COMMUNICATIONS INCVZ$581.9M13,744,0760.84%-0.27pp31q+1.0%+$6.0M
PAYCHEX INCPAYX$578.4M5,881,7680.83%-0.05pp31qHELD
PNC FINL SVCS GROUP INCPNC$564.7M2,293,5970.81%-0.17pp31q-20.8%-$148.4M
PROLOGIS INC.PLD$531.1M3,920,7750.76%-0.07pp31q+1.2%+$6.1M
PHILIP MORRIS INTL INCPM$528.2M2,919,6650.76%-0.17pp31q-15.4%-$95.8M
PFIZER INCPFE$501.5M20,825,8450.72%-0.26pp31q-3.0%-$15.7M
AMGEN INCAMGN$497.0M1,372,5530.71%+0.06pp31q+20.8%+$85.5M
AMCOR PLCAMCR$491.7M11,342,7910.71%+0.02pp2q+6.7%+$30.7M
FISERV INCFISV$485.9M9,906,8460.70%-0.09pp31q+14.4%+$61.2M
DUKE ENERGY CORP NEWDUK$483.1M3,816,3030.69%-0.12pp31qHELD
WEC ENERGY GROUP INCWEC$481.7M4,125,3440.69%+0.05pp31q+20.5%+$81.9M
FIRSTENERGY CORPFE$465.7M9,796,9880.67%-0.13pp8qHELD
AMERIPRISE FINL INCAMP$464.8M1,013,1230.67%-0.09pp31q-3.7%-$17.7M
KIMCO REALTY CORPKIM$460.8M18,175,5900.66%+0.01pp31q+1.6%+$7.4M
PEPSICO INCPEP$460.2M3,398,7140.66%-0.08pp31q+16.1%+$63.9M
ASTERA LABS INCALAB$453.2M938,3110.65%+0.60pp7q+244.6%+$321.7M
ADVANCED MICRO DEVICES INCAMD$442.2M761,2410.64%+0.52pp31q+119.4%+$240.6M
VERTIV HOLDINGS COVRT$430.1M1,284,5600.62%-0.10pp14q-27.4%-$162.6M
AMERICAN TOWER CORPAMT$426.7M2,608,8580.61%-0.16pp31q-5.3%-$24.1M
COSTCO WHOLESALE CORPORATIONCOST$424.2M453,4390.61%-0.19pp31q-8.1%-$37.4M
CROWDSTRIKE HLDGS INCCRWD$420.1M550,4730.60%+0.35pp25q+36.7%+$112.8M
TESLA INCTSLA$419.7M997,9740.60%+0.25pp26q+73.0%+$177.2M
META PLATFORMS INCMETA$416.3M739,0370.60%-0.10pp31q-1.2%-$5.1M
LULULEMON ATHLETICA INCLULU$413.9M3,625,2100.60%-0.15pp31q+20.7%+$71.1M
MEDTRONIC PLCMDT$401.6M5,133,7080.58%+0.20pp31q+93.9%+$194.5M
CHEVRON CORPORATIONCVX$397.9M2,400,2790.57%-0.61pp31q-31.6%-$183.4M
TRAVELERS COMPANIES INCTRV$379.9M1,150,8760.55%flat31qHELD
MERCK & CO INCMRK$366.5M2,852,2660.53%-0.06pp31q-5.2%-$20.0M
VEEVA SYS INCVEEV$350.0M1,972,0310.50%+0.03pp31q+19.2%+$56.3M
PPL CORPPPL$344.5M9,477,7810.50%-0.02pp31q+15.3%+$45.8M
REGIONS FINANCIAL CORP NEWRF$337.5M11,174,5230.49%+0.48pp31q+133822.9%+$337.2M
LUMENTUM HLDGS INCLITE$331.6M386,4160.48%+0.15pp31q+34.4%+$84.9M
EVERGY INCEVRG$321.0M3,713,7760.46%-0.03pp31qHELD
HOWMET AEROSPACE INCHWM$318.6M1,184,8640.46%-0.25pp26q-37.0%-$186.8M
AUTOMATIC DATA PROCESSING INADP$317.1M1,415,7480.46%+0.43pp31q+2050.8%+$302.3M
LAM RESEARCH CORPLRCX$314.7M726,2360.45%+0.26pp7q+30.0%+$72.7M
DATADOG INCDDOG$314.5M1,207,9850.45%+0.29pp25q+45.7%+$98.7M
NATERA INCNTRA$309.2M1,138,9680.44%+0.09pp29q+4.5%+$13.3M
INTUITINTU$307.3M1,177,4510.44%+0.19pp31q+235.0%+$215.6M
ELI LILLY & COLLY$306.1M255,2060.44%+0.11pp31q+15.1%+$40.3M
CME GROUP INCCME$305.9M1,385,4500.44%-0.31pp31q-11.2%-$38.6M
GUARDANT HEALTH INCGH$299.9M1,999,1780.43%+0.15pp25q+5.9%+$16.7M
KIMBERLY-CLARK CORPKMB$296.0M2,696,6880.43%+0.01pp31q+2.1%+$6.2M
NETFLIX INCNFLX$293.3M4,107,9590.42%+0.23pp31q+232.7%+$205.1M
TAIWAN SEMICONDUCTOR MANUFACTSM$285.2M597,2560.41%+0.02pp31q-15.5%-$52.5M
TERADYNE INCTER$271.3M560,8240.39%-0.29pp31q-60.2%-$410.7M
ENBRIDGE INCENB$266.5M4,916,2760.38%-0.05pp31qHELD
GARTNER INCIT$265.0M2,044,4350.38%-0.05pp31q+20.9%+$45.9M
ALTRIA GROUP INCMO$261.8M3,638,8300.38%+0.12pp31q+49.5%+$86.6M
ARISTA NETWORKS INCANET$255.4M1,503,2440.37%+0.12pp7q+20.4%+$43.3M
MONDELEZ INTL INCMDLZ$252.3M4,362,7120.36%-0.01pp31q+10.8%+$24.5M
ACCENTURE PLC IRELANDACN$244.1M1,961,9260.35%+0.08pp31q+134.5%+$140.0M
KLA CORPKLAC$242.6M804,1500.35%+0.15pp31q+856.3%+$217.2M
JPMORGAN CHASE & COJPM$242.4M740,5740.35%+0.13pp31q+58.6%+$89.5M
DARDEN RESTAURANTS INCDRI$239.8M1,163,8780.34%+0.28pp31q+503.6%+$200.0M
FIVE BELOW INCFIVE$238.9M1,329,0160.34%-0.22pp31q-13.1%-$36.1M
APPLIED MATLS INCAMAT$232.0M320,8940.33%+0.28pp31q+239.8%+$163.7M
TEXAS INSTRS INCTXN$230.0M771,6920.33%+0.23pp31q+154.3%+$139.6M
FORTINET INCFTNT$226.9M1,477,2210.33%+0.20pp31q+53.8%+$79.4M
TOTALENERGIES SETTE$223.8M2,878,6710.32%-0.25pp3q-25.3%-$75.8M
STATE STR CORPSTT$221.4M1,305,3230.32%+0.05pp31q-0.6%-$1.4M
ADOBE INCADBE$218.8M1,067,0800.31%flat31q+32.7%+$53.9M
ALNYLAM PHARMACEUTICALS INCALNY$216.7M719,9050.31%-0.06pp11q+4.7%+$9.7M
HEICO CORP NEWHEI$200.8M563,8080.29%+0.02pp31q-7.6%-$16.4M
MONOLITHIC PWR SYS INCMPWR$200.4M144,9490.29%+0.20pp31q+198.5%+$133.2M
NATIONAL GRID PLCNGG$198.7M2,397,7380.29%-0.01pp31q+11.9%+$21.2M
TRUIST FINL CORPTFC$198.7M3,988,2660.29%-0.49pp27q-61.5%-$317.3M
RHYTHM PHARMACEUTICALS INCRYTM$198.3M1,785,7160.29%+0.10pp31q+38.8%+$55.4M
XCEL ENERGY INCXEL$197.4M2,458,0850.28%-0.09pp31q-15.6%-$36.5M
THE TRADE DESK INCTTD$196.7M10,877,7830.28%flat10q+42.6%+$58.7M
TARGA RES CORPTRGP$194.9M726,7680.28%+0.02pp23q+14.2%+$24.3M
TC ENERGY CORPTRP$189.0M2,851,0430.27%-0.02pp29q+0.6%+$1.1M
TYLER TECHNOLOGIES INCTYL$187.9M642,4200.27%+0.09pp31q+101.6%+$94.7M
ADVANCE AUTO PARTS INCAAP$186.8M3,002,4950.27%+0.01pp31q-1.3%-$2.5M
BRITISH AMERN TOB PLCBTI$186.5M3,019,4520.27%-0.08pp31q-18.3%-$41.9M
JOHNSON & JOHNSONJNJ$186.1M732,8910.27%+0.12pp31q+90.9%+$88.6M
COHERENT CORPCOHR$185.5M470,1370.27%+0.27pp16q+131961.0%+$185.3M
SOUTHERN COSO$185.4M1,936,6350.27%-0.03pp31q+2.5%+$4.5M
TRANE TECHNOLOGIES PLCTT$182.5M371,5400.26%-0.03pp26q-14.4%-$30.6M
EMCOR GROUP INCEME$180.5M217,5490.26%-0.01pp31q-1.4%-$2.5M
EXPEDIA GROUP INCEXPE$179.0M699,6180.26%-0.02pp31q-3.6%-$6.7M
SNOWFLAKE INCSNOW$178.6M701,6240.26%+0.17pp7q+104.9%+$91.4M
WALMART INCWMT$177.5M1,566,9230.26%+0.04pp31q+48.9%+$58.3M
CARDINAL HEALTH INCCAH$176.4M742,5490.25%-0.02pp31q-6.6%-$12.4M
LIVE NATION ENTERTAINMENT INLYV$176.3M962,9590.25%+0.11pp11q+65.3%+$69.7M
VISTRA CORPVST$174.7M1,101,0980.25%+0.04pp31q+29.2%+$39.5M
HERSHEY COHSY$173.7M990,2170.25%+0.25pp31q+68003.0%+$173.5M
ROCKET LAB CORPRKLB$172.1M1,692,9410.25%+0.19pp5q+231.3%+$120.1M
DECKERS OUTDOOR CORPDECK$171.9M1,730,8270.25%-0.03pp31q+1.3%+$2.2M
AMERICAN HEALTHCARE REIT INCAHR$170.9M3,276,3040.25%-0.01pp8q-0.9%-$1.6M
ANGLOGOLD ASHANTI PLCAU$165.1M2,040,7550.24%-newNEW
SANOFI SASNY$164.2M3,849,8020.24%-0.14pp31q-19.0%-$38.6M
REGENERON PHARMACEUTICALSREGN$160.2M256,8840.23%-0.09pp31q+0.8%+$1.2M
AMDOCS LTDDOX$158.8M3,142,4870.23%-0.06pp4q+16.1%+$22.0M
DUOLINGO INCDUOL$157.8M1,371,8170.23%+0.03pp14q+9.5%+$13.7M
WESTERN DIGITAL CORPWDC$153.7M240,6300.22%+0.21pp6q+953.1%+$139.1M
DOCUSIGN INCDOCU$148.1M3,334,6450.21%+0.07pp31q+76.6%+$64.3M
MAPLEBEAR INCCART$146.6M3,096,2070.21%flat12q-9.3%-$15.1M
CHEWY INCCHWY$146.1M7,434,5260.21%+0.07pp7q+137.7%+$84.6M
NNN REIT INCNNN$145.5M3,127,7760.21%flat31q+3.2%+$4.5M
SOUTHWEST AIRLS COLUV$144.0M2,799,8700.21%+0.04pp5qHELD
NEWMONT CORPNEM$143.7M1,538,6120.21%+0.02pp31q+48.6%+$47.0M
TJX COS INC NEWTJX$143.6M948,0870.21%-0.12pp31q-24.4%-$46.4M
VERALTO CORPVLTO$142.1M1,602,8350.20%-0.18pp12q-40.7%-$97.5M
UNITEDHEALTH GROUP INCUNH$140.4M337,7040.20%-0.29pp31q-69.6%-$321.5M
ALLISON TRANSMISSION HLDGS IALSN$139.4M1,236,3880.20%-0.04pp31qHELD
CENCORA INCCOR$138.8M490,3540.20%-0.18pp31q-34.6%-$73.3M
ROCKWELL AUTOMATION INCROK$136.6M275,8640.20%+0.06pp31q+17.8%+$20.6M
CREDO TECHNOLOGY GROUP HOLDICRDO$131.3M482,8210.19%+0.14pp7q+40.3%+$37.7M
LOAR HOLDINGS INCLOAR$130.7M1,620,8890.19%+0.04pp9q+5.7%+$7.0M
RTX CORPORATIONRTX$129.1M680,6620.19%+0.14pp25q+384.0%+$102.5M
INTEL CORPINTC$128.8M922,1410.19%+0.18pp31q+2887.3%+$124.4M
NVENT ELEC PLCNVT$128.4M757,0210.18%+0.03pp31q-3.8%-$5.1M
HILTON WORLDWIDE HLDGS INCHLT$126.9M383,9310.18%-0.05pp31q-17.8%-$27.4M
UBER TECHNOLOGIES INCUBER$125.9M1,745,2210.18%-0.15pp17q-39.0%-$80.6M
MODERNA INCMRNA$125.7M1,794,7780.18%+0.02pp27q-9.2%-$12.8M
COSTAR GROUP INCCSGP$125.4M4,426,7270.18%+0.10pp31q+241.1%+$88.6M
JABIL INCJBL$124.6M323,1860.18%+0.14pp31q+226.5%+$86.4M
BAIDU INCBIDU$124.5M1,089,0120.18%+0.18pp31q+7793.7%+$122.9M
BWX TECHNOLOGIES INCBWXT$124.1M637,4710.18%flat18q+17.9%+$18.9M
CHARTER COMMUNICATIONS INCCHTR$123.5M868,0830.18%+0.18pp31q+239041.3%+$123.4M
GODADDY INCGDDY$123.4M1,453,3510.18%+0.05pp17q+58.8%+$45.7M
EXXON MOBIL CORPXOMXXXX$122.4M895,3090.18%-0.33pp31q-51.4%-$129.7M
NORTHERN TR CORPNTRS$122.1M702,5110.18%+0.02pp31q+3.8%+$4.5M
SPOTIFY TECHNOLOGY S ASPOT$121.5M264,6870.17%+0.06pp19q+74.6%+$51.9M
MARATHON PETE CORPMPC$120.1M469,7850.17%+0.02pp31q+21.3%+$21.1M
NETAPP INCNTAP$119.4M771,1990.17%+0.02pp31q-15.1%-$21.2M
CELANESE CORP DELCE$116.0M2,521,0190.17%-0.24pp31q-33.3%-$58.0M
SCHWAB CHARLES CORPSCHW$115.2M1,248,4160.17%-0.04pp31q-7.3%-$9.0M
CISCO SYS INCCSCO$114.4M973,9440.16%+0.09pp31q+59.3%+$42.6M
EOG RES INCEOG$114.4M881,4640.16%-0.02pp31q+14.5%+$14.5M
SPACE EXPLORATION TECHN CORPSPCX$113.0M661,5700.16%-newNEW
PRUDENTIAL FINL INCPRU$112.1M1,038,6020.16%-0.01pp31q-5.8%-$6.9M
UL SOLUTIONS INCULS$111.4M1,093,7540.16%+0.01pp9qHELD
BEST BUY INCBBY$111.2M1,465,8880.16%+0.01pp31q+2.4%+$2.6M
GILEAD SCIENCES INCGILD$109.7M868,3990.16%-0.02pp31q+8.9%+$8.9M
INTUITIVE SURGICAL INCISRG$108.9M273,7180.16%-0.05pp31q-0.9%-$975.1K
ULTA BEAUTY INCULTA$107.9M239,2610.16%-0.03pp31q+8.8%+$8.7M
POWELL INDS INCPOWL$107.5M375,2920.15%+0.02pp14q+139.4%+$62.6M
INSULET CORPPODD$106.9M702,1940.15%-0.09pp31q-1.6%-$1.8M
KEYSIGHT TECHNOLOGIES INCKEYS$106.4M303,8350.15%+0.15pp31q+11966.5%+$105.5M
RUBRIK INC.RBRK$105.7M1,317,2030.15%+0.05pp8qHELD
HECLA MINING COMPANYHL$105.5M6,838,6250.15%+0.13pp7q+955.5%+$95.5M
CHENIERE ENERGY INCLNG$105.5M441,4170.15%-0.27pp21q-51.2%-$110.8M
NEXTERA ENERGY INCNEE$105.4M1,201,0910.15%-0.02pp31q+8.8%+$8.5M
PRINCIPAL FINANCIAL GROUP INPFG$104.8M972,8140.15%+0.07pp31q+67.3%+$42.2M
GENERAC HLDGS INCGNRC$104.3M356,3280.15%+0.03pp31q-7.5%-$8.4M
SANDISK CORPSNDK$103.0M45,3120.15%+0.13pp6q+241.5%+$72.9M
JACKSON FINANCIAL INCJXN$102.9M1,004,5720.15%-0.04pp17q-7.5%-$8.3M
ILLUMINA INCILMN$101.2M575,7990.15%-0.02pp31q-29.5%-$42.4M
CITIGROUP INCC$99.8M713,1210.14%-0.06pp31q-35.2%-$54.2M
SEAGATE TECHNOLOGY HLDNGS PLSTX$99.6M103,2550.14%+0.03pp5q-42.9%-$74.9M
JFROG LTDFROG$99.6M1,096,3670.14%+0.07pp4q+15.3%+$13.2M
GENERAL MTRS COGM$98.9M1,283,2210.14%+0.02pp31q+24.8%+$19.7M
UNILEVER PLCUL$98.8M1,642,7010.14%-0.03pp3q-10.7%-$11.9M
PINTEREST INCPINS$97.4M4,632,9970.14%-0.02pp25q-14.5%-$16.6M
ROYAL CARIBBEAN GROUPRCL$96.8M304,7490.14%-0.15pp31q-52.4%-$106.6M
EXELON CORPEXC$96.4M2,068,5680.14%-0.01pp31q+9.5%+$8.4M
AXON ENTERPRISE INCAXON$96.1M171,4920.14%flat29q-16.4%-$18.9M
OKTA INCOKTA$95.6M700,4600.14%+0.07pp17q+23.9%+$18.4M
MORGAN STANLEYMS$95.3M456,1020.14%-0.09pp31q-47.1%-$85.0M
APPLIED INDL TECHNOLOGIES INAIT$95.2M281,6630.14%+0.01pp31q-6.7%-$6.8M
MACOM TECH SOLUTIONS HLDGS IMTSI$94.8M249,2910.14%+0.13pp27q+5362.1%+$93.1M
SHOPIFY INCSHOP$93.9M821,9930.13%-0.03pp31q-4.6%-$4.5M
BANK OF AMER CORPBAC$93.7M1,644,4840.13%-0.15pp31q-55.0%-$114.5M
BRIXMOR PPTY GROUP INCBRX$93.7M2,971,7910.13%flat31qHELD
ATI INCATI$93.5M474,1800.13%+0.01pp31q-13.1%-$14.1M
SITIME CORPSITM$93.1M124,8900.13%+0.06pp7q-5.0%-$4.9M
MASTEC INCMTZ$90.1M216,6600.13%+0.08pp31q+110.5%+$47.3M
BLOOM ENERGY CORPBE$89.8M296,5110.13%+0.04pp5q-25.6%-$30.9M
ENTEGRIS INCENTG$87.7M487,7790.13%-0.01pp19q-31.5%-$40.3M
RESMED INCRMD$87.0M446,4970.13%+0.12pp31q+7291.1%+$85.8M
JD.COM INCJD$86.6M3,400,6840.12%-0.01pp31q+20.1%+$14.5M
TERAWULF INCWULF$86.2M3,491,8810.12%+0.12pp4q+9080.0%+$85.3M
KYMERA THERAPEUTICS INCKYMR$85.9M749,3980.12%+0.05pp4q+39.6%+$24.4M
WABTECWAB$84.3M312,7190.12%-0.01pp31qHELD
FABRINETFN$84.3M149,9200.12%+0.05pp17q+75.5%+$36.2M
BRIGHTSPRING HEALTH SVCS INCBTSG$84.0M1,204,0360.12%+0.04pp8q+0.7%+$579.7K
VISA INCV$83.8M244,1880.12%-0.14pp31q-54.4%-$99.8M
ELASTIC N VESTC$82.7M1,451,0420.12%-0.04pp15q-27.2%-$30.9M
IDEXX LABS INCIDXX$81.7M155,2640.12%-0.03pp31q-0.9%-$742.8K
EYEPOINT INCEYPT$81.2M5,681,0520.12%flat13qHELD
ARGENX SEARGX$81.0M87,2880.12%flat31q-8.4%-$7.4M
ALLSTATE CORPALL$80.3M337,4030.12%-0.05pp31q-31.7%-$37.3M
YUM BRANDS INCYUM$79.7M498,8220.11%-0.05pp31q-21.6%-$21.9M
ZENAS BIOPHARMA INCZBIO$79.1M3,116,8050.11%+0.01pp8qHELD
MCCORMICK & CO INCMKC$79.1M1,568,0450.11%-0.01pp3q+6.6%+$4.9M
PAYCOM SOFTWARE INCPAYC$79.0M628,5640.11%-0.01pp31q+3.2%+$2.4M
ALIGN TECHNOLOGY INCALGN$78.2M463,7870.11%-0.03pp31q-6.0%-$5.0M
AUTOHOME INCATHM$78.0M4,097,1070.11%+0.01pp8q+12.2%+$8.5M
UIPATH INCPATH$76.7M7,059,8950.11%-0.01pp13q+5.1%+$3.7M
PALO ALTO NETWORKS INCPANW$76.1M223,2490.11%-0.05pp31q-63.0%-$129.4M
HALOZYME THERAPEUTICS INCHALO$75.3M962,0410.11%-0.01pp31q-14.4%-$12.6M
WINTRUST FINL CORPWTFC$75.0M466,8490.11%-0.01pp31q-12.0%-$10.2M
TOAST INCTOST$74.9M2,692,6370.11%-0.02pp10q-11.9%-$10.1M
CAMTEK LTDCAMT$74.9M459,0000.11%-0.01pp31q-6.4%-$5.1M
DIGITALOCEAN HLDGS INCDOCN$74.0M470,9540.11%+0.05pp4q+16.5%+$10.5M
MICROCHIP TECHNOLOGY INC.MCHP$73.3M803,6780.11%+0.06pp31q+81.3%+$32.9M
EVERPURE INCP$73.2M928,4460.11%+0.02pp25q-0.7%-$527.7K
REALTY INCOME CORPO$72.6M1,172,0210.10%-0.04pp31q-17.8%-$15.7M
MARTIN MARIETTA MATLS INCMLM$72.4M125,4940.10%-0.03pp31q-13.1%-$10.9M
UNITED AIRLS HLDGS INCUAL$72.1M530,0890.10%+0.01pp31q-15.5%-$13.3M
PHILLIPS 66PSX$71.9M425,1010.10%flat31q+24.0%+$13.9M
TRIP COM GROUP LTDTCOM$71.1M1,783,8460.10%-0.04pp27qHELD
CENTURI HOLDINGS INCCTRI$71.0M2,348,2000.10%+0.01pp5q+20.8%+$12.2M
WINGSTOP INCWING$71.0M409,3300.10%+0.02pp31q+29.1%+$16.0M
WEST PHARMACEUTICAL SVSC INCWST$70.8M197,2690.10%+0.02pp31q-5.2%-$3.9M
ENPHASE ENERGY INCENPH$68.9M1,400,2160.10%+0.02pp30q+7.2%+$4.6M
ARTERIS INCAIP$68.6M1,411,7870.10%+0.08pp16q+122.1%+$37.7M
COPART INCCPRT$68.0M2,410,9210.10%+0.06pp30q+281.1%+$50.1M
ON HLDG AGONON$67.9M1,918,2040.10%-0.02pp12q-10.8%-$8.2M
REZOLUTE INCRZLT$67.6M12,990,6590.10%+0.03pp23qHELD
BLACKROCK INCBLK$67.4M70,1060.10%flat7q+12.3%+$7.4M
QUALCOMM INCQCOM$67.4M364,6540.10%-0.15pp31q-69.3%-$152.2M
KILROY REALTY CORPKRC$66.6M1,778,1000.10%+0.02pp31q+5.2%+$3.3M
MKS INC.MKSI$66.6M149,6590.10%+0.06pp31q+49.5%+$22.0M
NEW ORIENTAL ED & TECHNOLOGYEDU$66.5M1,447,9990.10%-0.04pp4q+0.8%+$556.8K
TREX INCTREX$66.5M1,327,9480.10%+0.01pp31q-10.5%-$7.8M
PALVELLA THERAPEUTICS INC NEPVLA$66.2M433,0150.10%+0.01pp4qHELD
LIQUIDIA CORPORATIONLQDA$65.1M816,1870.09%+0.07pp4q+86.0%+$30.1M
AIRBNB INCABNB$64.1M447,6030.09%+0.04pp23q+72.7%+$27.0M
AGNICO EAGLE MINES LTDAEM$64.0M412,3620.09%-0.04pp31qHELD
HUBSPOT INCHUBS$63.1M345,5550.09%-0.05pp13q-5.7%-$3.8M
AFFIRM HLDGS INCAFRM$63.0M772,0780.09%-newNEW
JOHNSON CONTROLS INTERNATIONJCI$62.5M427,6480.09%+0.01pp31q+20.5%+$10.6M
MOTOROLA SOLUTIONS INCMSI$60.4M145,4370.09%-0.06pp31q-29.8%-$25.6M
INDIVIOR PHARMACEUTICALS INCINDV$60.3M1,468,7490.09%+0.03pp2q+20.6%+$10.3M
XPO INCXPO$60.0M292,4520.09%+0.01pp31q+25.4%+$12.1M
REDDIT INCRDDT$59.8M344,6440.09%-0.12pp4q-63.9%-$105.9M
HUMANA INCHUM$59.7M150,3510.09%+0.02pp31q-32.1%-$28.2M
WEATHERFORD INTL PLCWFRD$59.4M729,1410.09%-0.08pp16q-33.5%-$29.9M
CATERPILLAR INCCAT$59.4M55,7340.09%+0.08pp31q+1699.0%+$56.1M
CBRE GROUP INCCBRE$58.6M434,9350.08%-0.03pp31q-16.8%-$11.8M
RYMAN HOSPITALITY PPTYS INCRHP$57.9M450,5460.08%+0.01pp31q-10.6%-$6.9M
S&P GLOBAL INCSPGI$57.8M141,9640.08%-0.02pp31q-0.9%-$522.1K
LEGENCE CORPLGN$57.2M671,6750.08%+0.01pp4q-8.8%-$5.6M
QXO INCQXO$57.2M3,307,6000.08%-0.02pp7qHELD
AMPHENOL CORPAPH$57.1M323,5700.08%+0.06pp31q+179.9%+$36.7M
SHARKNINJA INCSN$57.0M374,5740.08%+0.01pp8q-6.7%-$4.1M
ANALOG DEVICES INCADI$56.6M142,5410.08%+0.01pp31q+2.6%+$1.5M
ATLASSIAN CORPORATIONTEAM$55.9M719,0120.08%-0.02pp9q-23.9%-$17.6M
PARKER-HANNIFIN CORPPH$55.3M56,5240.08%-0.03pp31q-26.1%-$19.6M
LAS VEGAS SANDS CORPLVS$55.1M1,193,9020.08%+0.06pp31q+368.8%+$43.4M
IDEAYA BIOSCIENCES INCIDYA$53.4M1,431,6300.08%-0.09pp24q-52.1%-$58.0M
XENON PHARMACEUTICALS INCXENE$53.3M883,7370.08%-0.02pp11q-9.1%-$5.3M
LITTELFUSE INCLFUS$52.9M116,1340.08%+0.02pp31q+12.5%+$5.9M
INTERACTIVE BROKERS GROUP INIBKR$52.4M601,7670.08%+0.01pp31q+0.8%+$435.0K
CRANE COMPANYCR$52.1M233,5620.07%+0.01pp13q-6.0%-$3.3M
EAGLE MATLS INCEXP$51.9M230,8010.07%-0.03pp31q-29.5%-$21.8M
SPROUTS FMRS MKT INCSFM$51.9M613,7320.07%+0.07pp31q+7829.4%+$51.3M
AST SPACEMOBILE INCASTS$51.6M580,5160.07%+0.07pp5q+113503.9%+$51.5M
SPS COMM INCSPSC$51.5M901,6320.07%+0.01pp31q+22.0%+$9.3M
MIRUM PHARMACEUTICALS INCMIRM$51.1M436,6350.07%flat18q-13.7%-$8.1M
MARVELL TECHNOLOGY INCMRVL$51.1M171,5520.07%+0.03pp21q-35.0%-$27.5M
AMERICAN AIRLINES GROUP INCAAL$50.7M2,805,8730.07%+0.03pp13q+5.9%+$2.8M
SIMPSON MFG INCSSD$50.5M241,2570.07%flat31q-4.1%-$2.1M
Q2 HLDGS INCQTWO$50.4M1,047,1340.07%flat31q+11.3%+$5.1M
APTARGROUP INCATR$50.0M399,7010.07%-0.04pp31q-28.6%-$20.1M
FEDERATED HERMES ETF TRUSTFCSH$49.8M2,065,6890.07%-0.01pp4qHELD
COMMUNITY FINANCIAL SYSTEM ICBU$49.6M738,5310.07%flat31q-2.2%-$1.1M
CHIPOTLE MEXICAN GRILL INCCMG$49.6M1,457,7830.07%+0.07pp31q+26497.0%+$49.4M
WEX INCWEX$49.3M349,2330.07%-0.02pp31q-3.6%-$1.9M
CHEFS WHSE INCCHEF$48.9M508,9070.07%+0.02pp17qHELD
AMERICAN ELEC PWR CO INCAEP$48.4M354,1250.07%-0.04pp31q-30.2%-$20.9M
DOXIMITY INCDOCS$48.3M2,331,0070.07%-0.01pp14q+14.3%+$6.0M
CLEAN HARBORS INCCLH$48.2M161,4360.07%-0.01pp31q-4.6%-$2.3M
CASEYS GEN STORES INCCASY$48.2M60,5970.07%-0.01pp31q-4.2%-$2.1M
POPULAR INCBPOP$47.9M291,8510.07%+0.01pp31q+1.8%+$845.4K
MONGODB INCMDB$46.2M137,6890.07%-0.14pp6q-73.7%-$129.9M
CYTOKINETICS INCCYTK$45.8M538,0220.07%-0.01pp10q-23.1%-$13.8M
SKYWORKS SOLUTIONS INCSWKS$45.4M668,9580.07%+0.01pp31q+4.0%+$1.7M
SERVICE CORP INTLSCI$45.3M596,3740.07%-0.02pp31q-4.7%-$2.2M
FEDERATED HERMES ETF TRUSTMKTN$45.2M1,738,7120.06%+0.01pp4q+23.2%+$8.5M
RBC BEARINGS INCRBC$45.1M69,9720.06%+0.01pp12q+5.6%+$2.4M
REINSURANCE GROUP AMER INCRGA$44.9M211,2650.06%-0.01pp31q-6.1%-$2.9M
FORTE BIOSCIENCES INCFBRX$44.8M2,110,5160.06%-0.01pp5q+19.5%+$7.3M
NEXTPOWER INCNXT$44.8M376,3290.06%-0.03pp12q-18.9%-$10.5M
NOVANTA INCNOVT$44.6M274,8250.06%+0.06pp31q+15374.4%+$44.3M
AZZ INCAZZ$44.3M285,8000.06%+0.01pp11qHELD
SLIDE INS HLDGS INCSLDE$44.3M2,285,0580.06%+0.05pp4q+521.7%+$37.1M
PRIMORIS SVCS CORPPRIM$44.1M445,2830.06%-0.03pp11q+7.3%+$3.0M
LOCKHEED MARTIN CORPLMT$43.6M85,6630.06%-0.02pp31q+3.6%+$1.5M
AMERICAN EXPRESS COAXP$43.6M128,9450.06%-0.08pp31q-54.6%-$52.5M
AXSOME THERAPEUTICS INCAXSM$43.5M177,8420.06%+0.03pp6q+63.8%+$17.0M
MUELLER WTR PRODS INCMWA$43.2M1,671,8870.06%flat8q+14.3%+$5.4M
REVVITY INCRVTY$43.0M386,8710.06%+0.04pp26q+112.4%+$22.8M
ADVANCED ENERGY INDSAEIS$43.0M115,2350.06%flat31q-4.5%-$2.0M
HARTFORD INSURANCE GROUP INCHIG$42.5M320,5040.06%-0.01pp31q+3.4%+$1.4M
MERCADOLIBRE INCMELI$42.3M24,8980.06%-0.03pp27q-25.1%-$14.1M
GENERAL DYNAMICS CORPGD$41.9M118,2620.06%flat31q+10.5%+$4.0M
WAYFAIR INCW$41.9M453,0190.06%flat4q-6.8%-$3.1M
SERVICENOW INCNOW$41.8M420,8360.06%-0.09pp31q-52.8%-$46.7M
HEWLETT PACKARD ENTERPRISE CHPE$41.8M925,8460.06%+0.01pp23q-27.2%-$15.6M
ACADIAN ASSET MANAGEMENT INCAAMI$41.1M574,5970.06%+0.01pp8q+1.1%+$448.9K
MANHATTAN ASSOCIATES INCMANH$41.0M294,5100.06%flat31q+4.5%+$1.8M
COCA COLA COKO$40.9M503,6960.06%-0.27pp31q-81.1%-$175.9M
SCHOLAR ROCK HLDG CORPSRRK$40.4M734,5130.06%-0.01pp6q-7.9%-$3.5M
WILLIAMS COS INCWMB$40.0M538,5840.06%-0.01pp31q-9.7%-$4.3M
WELLTOWER INCWELL$39.9M175,6530.06%-0.02pp31q-22.7%-$11.7M
CRH PLCCRH$39.8M372,3190.06%-0.04pp12q-36.9%-$23.3M
GENMAB A/SGMAB$39.8M1,449,3760.06%flat4q+15.8%+$5.4M
LEONARDO DRS INCDRS$39.6M928,4420.06%+0.03pp5q+198.8%+$26.4M
PTC THERAPEUTICS INCPTCT$39.4M483,4240.06%+0.03pp7q+114.0%+$21.0M
DEXCOM INCDXCM$39.2M582,4210.06%-0.02pp31q-26.6%-$14.2M
EQUIPMENTSHARE COM INCEQPT$39.2M1,994,3440.06%+0.01pp2q+28.7%+$8.8M
SPHERE ENTERTAINMENT COSPHR$39.2M226,2870.06%+0.01pp4q+3.3%+$1.3M
BRIDGEBIO PHARMA INCBBIO$39.0M523,6780.06%-0.01pp5q-11.0%-$4.8M
WOODWARD INCWWD$38.9M91,4370.06%flat31q-3.0%-$1.2M
LENNOX INTL INCLII$38.8M67,6760.06%flat31q-8.6%-$3.7M
CELESTICA INCCLS$38.3M105,1030.06%+0.02pp2q+30.3%+$8.9M
PALOMAR HLDGS INCPLMR$38.2M302,6150.05%-0.01pp28q-2.0%-$775.8K
ELANCO ANIMAL HEALTH INCELAN$38.0M1,543,9440.05%-0.04pp16q-36.3%-$21.6M
TANGO THERAPEUTICS INCTNGX$38.0M1,214,6130.05%+0.05pp6q+343011.0%+$38.0M
OUTFRONT MEDIA INCOUT$37.7M1,151,1750.05%+0.01pp6q+1.7%+$644.4K
BRUNSWICK CORPBC$37.7M447,4930.05%flat31q-5.3%-$2.1M
SEMTECH CORPSMTC$37.6M232,3140.05%+0.04pp9q+73.3%+$15.9M
STERIS PLCSTE$37.6M178,3830.05%-0.02pp30q-7.8%-$3.2M
SMURFIT WESTROCK PLCSW$37.5M811,0080.05%+0.05pp8q+2432.2%+$36.0M
CONOCOPHILLIPSCOP$37.5M360,6190.05%-0.02pp31q+2.5%+$917.6K
DOLLAR TREE INCDLTR$37.0M305,6810.05%-0.09pp31q-61.7%-$59.6M
CARDINAL INFRASTRUCTURE GROUCDNL$37.0M392,3480.05%+0.03pp3q+9.3%+$3.1M
EATON CORP PLCETN$36.9M86,5520.05%flat31q-4.8%-$1.9M
UMB FINL CORPUMBF$36.5M255,9480.05%+0.02pp31q+50.0%+$12.2M
ZURN ELKAY WATER SOLNS CORPZWS$36.3M718,2050.05%+0.01pp7q+38.6%+$10.1M
CHIME FINL INCCHYM$36.3M1,771,6520.05%flat5q+12.9%+$4.2M
JANUX THERAPEUTICS INCJANX$36.1M2,352,9270.05%+0.05pp3q+4241.2%+$35.3M
HAMILTON INSURANCE GROUP LTDHG$36.1M1,063,9850.05%+0.01pp9q+12.5%+$4.0M
AAON INCAAON$36.0M283,6690.05%-0.01pp9q-40.5%-$24.5M
ICU MED INCICUI$35.7M243,4380.05%flat31q-5.5%-$2.1M
QNITY ELECTRONICS INCQ$35.6M217,8320.05%+0.05pp3q+24710.0%+$35.4M
CENTERPOINT ENERGY INCCNP$35.4M804,2530.05%-0.01pp31q-10.6%-$4.2M
DUTCH BROS INCBROS$35.4M492,7830.05%flat20q-19.2%-$8.4M
FREEPORT-MCMORAN INCFCX$35.2M560,1260.05%+0.02pp25q+85.7%+$16.3M
VAXCYTE INCPCVX$34.9M601,1610.05%flat5q+6.1%+$2.0M
HALLIBURTON COHAL$34.9M1,029,0040.05%-0.03pp31q-18.9%-$8.1M
SYNCHRONY FINANCIALSYF$34.8M457,6690.05%-0.01pp31q-16.6%-$6.9M
KODIAK GAS SVCS INCKGS$34.1M453,6150.05%+0.01pp10q+11.7%+$3.6M
THERMO FISHER SCIENTIFIC INCTMO$33.9M67,6900.05%+0.01pp31q+27.2%+$7.3M
PEGASYSTEMS INCPEGA$33.9M1,130,5670.05%+0.03pp17q+237.6%+$23.8M
DYNATRACE INCDT$33.7M766,3430.05%-0.11pp28q-70.2%-$79.2M
NUTANIX INCNTNX$33.5M657,9840.05%+0.05pp22q+2312.1%+$32.1M
PAYPAL HLDGS INCPYPL$33.3M772,0290.05%+0.05pp31q+10631.6%+$33.0M
ALCOA CORPAA$33.1M635,1760.05%-0.01pp28q+21.9%+$6.0M
GRAB HOLDINGS LIMITEDGRAB$33.1M8,783,2390.05%flat12q+16.6%+$4.7M
OCCIDENTAL PETE CORPOXY$33.0M680,3130.05%+0.04pp31q+489.5%+$27.4M
EDISON INTLEIX$33.0M443,5910.05%flat31q+6.5%+$2.0M
GRANITE CONSTR INCGVA$33.0M208,7120.05%+0.01pp7qHELD
CITIZENS FINL GROUP INCCFG$32.8M467,8770.05%flat31q-3.0%-$1.0M
SPX TECHNOLOGIES INCSPXC$32.8M133,6180.05%+0.01pp16q+17.2%+$4.8M
POSTAL REALTY TRUST INCPSTL$32.7M1,325,8550.05%+0.03pp6q+107.8%+$16.9M
FLUOR CORPFLR$32.6M621,5290.05%flat31q-7.6%-$2.7M
STRYKER CORPORATIONSYK$32.6M103,3890.05%-0.03pp31q-27.3%-$12.2M
BYLINE BANCORP INCBY$32.3M857,8250.05%+0.01pp20q+37.4%+$8.8M
FORTUNE BRANDS INNOVATIONS IFBIN$32.3M588,1450.05%-0.04pp31q-56.4%-$41.8M
QUANTINUUM INCQNT$32.2M393,8000.05%-newNEW
GAMING & LEISURE PGLPI$32.0M719,3050.05%-0.01pp31q-2.3%-$747.5K
WATTS WATER TECHNOLOGIES INCWTS$32.0M81,7800.05%+0.01pp25q+2.4%+$740.6K
CRACKER BARREL OLD CTRY STORCBRL$32.0M599,4540.05%+0.04pp2q+922.9%+$28.8M
ESCO TECHNOLOGIES INCESE$31.8M90,7700.05%flat9q-2.9%-$964.4K
ENTERGY CORP NEWETR$31.6M274,9330.05%flat31q+7.4%+$2.2M
BADGER METER INCBMI$31.6M212,6450.05%+0.04pp12q+495.3%+$26.3M
SIRIUSPOINT LTDSPNT$30.8M1,282,2900.04%flat13q+13.0%+$3.5M
PROCTER & GAMBLE COPG$30.7M209,6380.04%+0.01pp31q+30.1%+$7.1M
TWIST BIOSCIENCE CORPTWST$30.7M298,1130.04%-newNEW
IRON MTN INC DELIRM$30.5M241,7770.04%+0.01pp14q+12.9%+$3.5M
ALLEGIANT TRAVEL COALGT$30.5M258,9940.04%+0.01pp6q+1.6%+$489.9K
V2X INCVVX$30.4M407,4660.04%flat7q+6.7%+$1.9M
LAMAR ADVERTISING COLAMR$30.1M192,7420.04%flat31q-7.1%-$2.3M
CHARLES RIV LABS INTL INCCRL$29.8M131,5580.04%+0.01pp31q+1.7%+$503.0K
TAPESTRY INCTPR$29.7M202,7110.04%+0.01pp31q+35.2%+$7.7M
ARCUTIS BIOTHERAPEUTICS INCARQT$29.5M1,124,6290.04%flat15q+4.4%+$1.2M
TD SYNNEX CORPORATIONSNX$29.3M109,7480.04%+0.01pp31q-10.8%-$3.5M
INCYTE CORPINCY$29.1M257,0390.04%-0.03pp21q-48.6%-$27.5M
ASSOCIATED BANC CORPASB$29.1M944,1680.04%+0.03pp31q+354.4%+$22.7M
TENABLE HLDGS INCTENB$28.9M783,6520.04%+0.01pp15q-28.8%-$11.7M
DISNEY WALT CODIS$28.6M297,4990.04%-0.08pp31q-60.3%-$43.5M
SAREPTA THERAPEUTICS INCSRPT$28.6M1,590,3310.04%-0.02pp27q-11.0%-$3.5M
PALANTIR TECHNOLOGIES INCPLTR$28.6M244,8180.04%-0.28pp12q-81.9%-$129.1M
LYFT INCLYFT$28.5M1,950,4850.04%flat17q+6.2%+$1.7M
DOORDASH INCDASH$28.4M154,0020.04%flat21q-0.5%-$145.8K
AT&T INCT$28.4M1,371,1740.04%-0.02pp31q+7.3%+$1.9M
DEUTSCHE BK AGDB$28.3M837,1780.04%+0.01pp7q+23.8%+$5.4M
MAREX GROUP PLCMRX$28.3M464,9350.04%+0.03pp4q+447.6%+$23.2M
PROCEPT BIOROBOTICS CORPPRCT$28.3M1,253,4200.04%+0.03pp10q+618.6%+$24.4M
SKYWARD SPECIALTY INS GROUPSKWD$28.3M484,9960.04%-0.01pp14q-25.0%-$9.5M

Showing the largest 400 of 2,038 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.

Semiconductors & Electronics 14.6%Software & IT Services 11.8%Biotech & Pharma 9.1%Banks & Lending 6.3%Retail & Consumer 6.0%Business Services 4.7%Computer Hardware 4.5%Utilities 4.5%Industrials 3.7%Real Estate 3.7%Energy 3.1%Construction & Building 3.0%Other sectors 23.9%Not classified 1.0%
 
SectorValueShare
Semiconductors & Electronics$10.1B14.6%
Software & IT Services$8.2B11.8%
Biotech & Pharma$6.4B9.1%
Banks & Lending$4.4B6.3%
Retail & Consumer$4.1B6.0%
Business Services$3.3B4.7%
Computer Hardware$3.2B4.5%
Utilities$3.2B4.5%
Industrials$2.6B3.7%
Real Estate$2.6B3.7%
Energy$2.2B3.1%
Construction & Building$2.1B3.0%
Other sectors$16.6B23.9%
Not classified$718.4M1.0%

Quarter by quarter

QuarterValuePositions NewAddedTrimmed ExitedTop 10 Days to file
Q2 2026$69.6B2,03817783387118816.2%43
Q1 2026$61.5B2,04913691381215015.8%41
Q4 2025$59.9B2,06314585089219516.5%43
Q3 2025$56.6B2,11322076190116116.2%34
Q2 2025$53.1B2,05417168396816714.6%44
Q1 2025$46.4B2,05017582285419214.5%38
Q4 2024$45.7B2,06717982989916613.8%44
Q3 2024$45.5B2,05419975181416413.5%44
Q2 2024$42.2B2,01915370786615514.6%39
Q1 2024$43.4B2,02117075789718413.2%44
Q4 2023$40.3B2,0351866311,07423513.6%31
Q3 2023$37.5B2,08418269297018715.1%44
Q2 2023$40.3B2,0891716811,01219315.8%45
Q1 2023$39.7B2,11118686985322615.3%38
Q4 2022$36.2B2,1512177211,03519814.3%44
Q3 2022$34.1B2,13219675692119113.1%45
Q2 2022$36.8B2,1272116651,03425113.0%78
Q1 2022$44.3B2,16721771989924512.8%43
Q4 2021$53.8B2,19519968892820512.5%45
Q3 2021$52.5B2,20120076593218812.0%46
Q2 2021$53.7B2,18922866898324512.1%47
Q1 2021$51.6B2,20623387387725111.7%43
Q4 2020$48.9B2,22420482394521812.7%43
Q3 2020$42.6B2,2382136561,15220015.4%43
Q2 2020$40.4B2,2252757861,05527716.0%44
Q1 2020$34.0B2,22726285798623518.6%43
Q4 2019$44.9B2,2002077941,01519617.3%45
Q3 2019$40.7B2,1892377561,03920516.5%45
Q2 2019$41.2B2,1571676591,08815216.5%45
Q1 2019$40.4B2,1421327611,02317217.2%40
Q4 2018$36.7B2,182000017.7%44

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.