# PINEBRIDGE INVESTMENTS, L.P.

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1531721. Source: https://holderbook.com/funds/1531721-pinebridge-investments-l-p/

- Reported value: $13.5B
- Positions: 524
- Weight of the ten largest: 39.6%
- Filed: 2025-11-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2B | 6,445,126 | 8.9% | 28 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $979.1M | 1,890,343 | 7.3% | 28 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $773.4M | 3,037,520 | 5.7% | 28 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $490.3M | 2,016,975 | 3.6% | 28 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $413.4M | 562,907 | 3.1% | 28 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $390.5M | 1,778,316 | 2.9% | 28 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $305.0M | 966,969 | 2.3% | 28 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $295.1M | 3,557,000 | 2.2% | 28 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $275.7M | 835,668 | 2.0% | 28 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $213.5M | 903,346 | 1.6% | 28 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $184.4M | 414,632 | 1.4% | 25 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $166.4M | 683,249 | 1.2% | 28 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $157.3M | 312,842 | 1.2% | 28 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $143.3M | 1,270,762 | 1.1% | 28 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $129.9M | 228,286 | 1.0% | 28 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $117.2M | 556,982 | 0.9% | 28 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $115.6M | 145,151 | 0.9% | 28 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $103.9M | 510,132 | 0.8% | 28 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $102.1M | 880,356 | 0.8% | 28 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $98.9M | 129,683 | 0.7% | 26 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $97.6M | 285,809 | 0.7% | 28 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $95.9M | 381,618 | 0.7% | 28 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $88.2M | 217,699 | 0.7% | 28 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $86.1M | 188,392 | 0.6% | 25 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $82.4M | 168,120 | 0.6% | 15 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $82.1M | 1,591,214 | 0.6% | 28 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $80.6M | 601,857 | 0.6% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $79.9M | 66,637 | 0.6% | 28 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $79.5M | 161,081 | 0.6% | 28 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $78.9M | 766,051 | 0.6% | 28 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $76.4M | 497,149 | 0.6% | 28 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $71.9M | 394,141 | 0.5% | 10 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $70.9M | 103,868 | 0.5% | 28 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $70.8M | 697,116 | 0.5% | 5 |
| ARGENX SE | [ARGX](https://holderbook.com/stocks/ARGX/) | $70.6M | 95,723 | 0.5% | 12 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $70.2M | 735,027 | 0.5% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $66.8M | 137,676 | 0.5% | 28 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $63.2M | 958,057 | 0.5% | 4 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $63.1M | 379,074 | 0.5% | 28 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $62.9M | 68,353 | 0.5% | 28 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $62.2M | 740,352 | 0.5% | 28 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $60.6M | 65,440 | 0.4% | 28 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $60.2M | 176,450 | 0.4% | 28 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $58.5M | 510,719 | 0.4% | 28 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $57.7M | 191,757 | 0.4% | 17 |
| C H ROBINSON WORLDWIDE IN | [CHRW](https://holderbook.com/stocks/CHRW/) | $57.4M | 433,837 | 0.4% | 2 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $56.4M | 208,895 | 0.4% | 16 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $56.4M | 354,676 | 0.4% | 28 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $56.1M | 669,732 | 0.4% | 28 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $56.1M | 384,872 | 0.4% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $54.9M | 295,917 | 0.4% | 28 |
| FIRSTENERGY CORP | [FE](https://holderbook.com/stocks/FE/) | $53.8M | 1,173,664 | 0.4% | 5 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $53.3M | 106,883 | 0.4% | 26 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $53.2M | 203,987 | 0.4% | 28 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $53.2M | 224,273 | 0.4% | 28 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $52.9M | 151,212 | 0.4% | 28 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $52.2M | 1,661,212 | 0.4% | 28 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $51.1M | 254,772 | 0.4% | 23 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $49.3M | 368,351 | 0.4% | 28 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $49.2M | 142,562 | 0.4% | 28 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $48.5M | 226,099 | 0.4% | 10 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $48.5M | 345,243 | 0.4% | 28 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $48.1M | 8,909 | 0.4% | 28 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $47.8M | 698,986 | 0.4% | 28 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $47.6M | 275,554 | 0.4% | 8 |
| CCC INTELLIGENT SOLUTIONS HL | [CCC](https://holderbook.com/stocks/CCC/) | $46.9M | 5,150,524 | 0.3% | 9 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $46.5M | 382,598 | 0.3% | 11 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $44.4M | 451,267 | 0.3% | 28 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $43.7M | 968,833 | 0.3% | 28 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $43.0M | 152,515 | 0.3% | 28 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $42.9M | 345,243 | 0.3% | 28 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $41.7M | 148,263 | 0.3% | 28 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $41.4M | 117,332 | 0.3% | 28 |
| ARAMARK | [ARMK](https://holderbook.com/stocks/ARMK/) | $41.2M | 1,072,667 | 0.3% | 28 |
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $40.9M | 1,197,800 | 0.3% | 5 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $39.8M | 36,929 | 0.3% | 25 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $39.6M | 1,215,130 | 0.3% | 1 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $38.5M | 121,144 | 0.3% | 28 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $38.1M | 139,069 | 0.3% | 11 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $37.6M | 397,505 | 0.3% | 28 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $37.3M | 48,251 | 0.3% | 16 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $36.6M | 190,464 | 0.3% | 27 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $36.3M | 432,527 | 0.3% | 28 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $35.6M | 74,741 | 0.3% | 6 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $35.2M | 247,398 | 0.3% | 18 |
| GEN DIGITAL INC | [GEN](https://holderbook.com/stocks/GEN/) | $35.1M | 1,235,780 | 0.3% | 7 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $34.8M | 118,472 | 0.3% | 28 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $34.7M | 790,228 | 0.3% | 28 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $34.2M | 211,655 | 0.3% | 25 |
| ZSCALER INC | [ZS](https://holderbook.com/stocks/ZS/) | $33.3M | 110,961 | 0.2% | 22 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $32.9M | 66,996 | 0.2% | 16 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $32.9M | 92,501 | 0.2% | 8 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $32.7M | 76,784 | 0.2% | 28 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $32.4M | 208,469 | 0.2% | 28 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $32.1M | 286,330 | 0.2% | 28 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $31.6M | 49,500 | 0.2% | 20 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $30.6M | 127,860 | 0.2% | 25 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $29.5M | 104,527 | 0.2% | 28 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $29.2M | 142,237 | 0.2% | 25 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $29.0M | 117,487 | 0.2% | 16 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2025 | +7.4% | +7.8% | -0.4% | 98% |
| Q2 2025 | +11.6% | +10.5% | +1.1% | 98% |
| Q1 2025 | -5.4% | -4.6% | -0.8% | 99% |
| Q4 2024 | +1.9% | +2.1% | -0.3% | 99% |
| Q3 2024 | +5.2% | +5.4% | -0.3% | 100% |
| Q2 2024 | +3.8% | +4.0% | -0.3% | 100% |
| Q1 2024 | +10.6% | +10.0% | +0.6% | 100% |
| Q4 2023 | +10.3% | +11.2% | -0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $13.5B | 524 |
| Q2 2025 | $12.6B | 551 |
| Q1 2025 | $12.6B | 712 |
| Q4 2024 | $13.3B | 707 |
| Q3 2024 | $13.3B | 722 |
| Q2 2024 | $12.4B | 552 |
| Q1 2024 | $12.6B | 571 |
| Q4 2023 | $10.8B | 550 |
| Q3 2023 | $9.0B | 677 |
| Q2 2023 | $9.3B | 874 |
| Q1 2023 | $8.9B | 737 |
| Q4 2022 | $8.3B | 725 |