# PAYDEN & RYGEL

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 919219. Source: https://holderbook.com/funds/919219-payden-rygel/

- Reported value: $1.3B
- Positions: 131
- Weight of the ten largest: 29.0%
- Filed: 2026-07-31

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 |
|---|---|---|---|---|---|
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $48.3M | 131,000 | 3.7% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $40.0M | 138,310 | 3.1% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $39.8M | 121,650 | 3.1% | 31 |
| VANECK ETF TRUST | [EMLC](https://holderbook.com/stocks/EMLC/) | $39.6M | 1,547,458 | 3.0% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $39.1M | 163,980 | 3.0% | 26 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $37.7M | 105,400 | 2.9% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $34.3M | 91,850 | 2.6% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $33.7M | 161,100 | 2.6% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $33.5M | 285,476 | 2.6% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $31.9M | 124,800 | 2.4% | 6 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $27.1M | 68,300 | 2.1% | 4 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $25.8M | 200,960 | 2.0% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $24.4M | 193,110 | 1.9% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $22.8M | 114,040 | 1.8% | 17 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $22.6M | 218,700 | 1.7% | 4 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $22.5M | 60,125 | 1.7% | 10 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $21.6M | 114,000 | 1.7% | 5 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $21.4M | 313,800 | 1.6% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $21.3M | 128,500 | 1.6% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $21.2M | 75,500 | 1.6% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $20.6M | 135,700 | 1.6% | 5 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $19.7M | 92,740 | 1.5% | 5 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $19.4M | 1,012,090 | 1.5% | 13 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $18.7M | 328,100 | 1.4% | 31 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $18.6M | 83,110 | 1.4% | 23 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $18.4M | 73,250 | 1.4% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $17.6M | 25,632 | 1.4% | 6 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $17.6M | 14,670 | 1.4% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $17.5M | 24,520 | 1.3% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $17.2M | 45,652 | 1.3% | 26 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $17.2M | 151,860 | 1.3% | 31 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $17.1M | 159,900 | 1.3% | 10 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $17.1M | 65,600 | 1.3% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $16.5M | 64,900 | 1.3% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $16.0M | 126,560 | 1.2% | 19 |
| ITT INC | [ITT](https://holderbook.com/stocks/ITT/) | $16.0M | 80,800 | 1.2% | 9 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $15.4M | 20,440 | 1.2% | 11 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $15.4M | 63,500 | 1.2% | 3 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $15.3M | 417,070 | 1.2% | 21 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $15.3M | 35,880 | 1.2% | 19 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $15.3M | 112,600 | 1.2% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $14.9M | 50,100 | 1.1% | 31 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $14.0M | 248,700 | 1.1% | 4 |
| VENTAS INC | [VTR](https://holderbook.com/stocks/VTR/) | $13.7M | 154,140 | 1.1% | 1 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $13.6M | 93,300 | 1.0% | 3 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $13.5M | 58,660 | 1.0% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $13.4M | 39,200 | 1.0% | 26 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $13.4M | 39,600 | 1.0% | 11 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $13.4M | 287,310 | 1.0% | 18 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $13.2M | 23,410 | 1.0% | 14 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $12.8M | 302,530 | 1.0% | 31 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $12.4M | 50,240 | 0.9% | 2 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $12.2M | 54,600 | 0.9% | 4 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $11.1M | 11,525 | 0.9% | 5 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $10.6M | 234,400 | 0.8% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $10.4M | 38,300 | 0.8% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $9.3M | 9,960 | 0.7% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $9.1M | 40,840 | 0.7% | 31 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $8.9M | 26,940 | 0.7% | 2 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $8.7M | 66,900 | 0.7% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $8.3M | 56,700 | 0.6% | 14 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $8.1M | 36,300 | 0.6% | 2 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $8.1M | 95,700 | 0.6% | 12 |
| ANNALY CAPITAL MANAGEMENT IN | [NLY](https://holderbook.com/stocks/NLY/) | $8.1M | 361,100 | 0.6% | 4 |
| SPDR SERIES TRUST | [SPTB](https://holderbook.com/stocks/SPTB/) | $7.8M | 261,000 | 0.6% | 2 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $7.5M | 311,580 | 0.6% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $7.3M | 90,410 | 0.6% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $6.7M | 6,880 | 0.5% | 1 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $6.5M | 24,180 | 0.5% | 2 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $5.1M | 275,660 | 0.4% | 20 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $2.7M | 14,420 | 0.2% | 31 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $2.4M | 31,660 | 0.2% | 24 |
| ISHARES TR | [SUSB](https://holderbook.com/stocks/SUSB/) | $2.2M | 88,579 | 0.2% | 29 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.8M | 1,760 | 0.1% | 29 |
| CBOE GLOBAL MKTS INC | [CBOE](https://holderbook.com/stocks/CBOE/) | $1.3M | 5,340 | 0.1% | 1 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.2M | 1,600 | 0.1% | 14 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.1M | 1,428 | 0.1% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.1M | 14,800 | 0.1% | 17 |
| ISHARES TR | [SUSC](https://holderbook.com/stocks/SUSC/) | $823.0K | 35,557 | 0.1% | 23 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $796.0K | 5,820 | 0.1% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $779.0K | 5,700 | 0.1% | 22 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $776.0K | 5,420 | 0.1% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $707.0K | 2,000 | 0.1% | 1 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $652.0K | 1,800 | 0.1% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $651.0K | 1,300 | 0.0% | 1 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $638.0K | 12,800 | 0.0% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $624.0K | 1,770 | 0.0% | 31 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $601.0K | 2,680 | 0.0% | 24 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $570.0K | 3,890 | 0.0% | 19 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $544.0K | 2,000 | 0.0% | 1 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $530.0K | 1,040 | 0.0% | 31 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $438.0K | 4,800 | 0.0% | 31 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $384.0K | 1,800 | 0.0% | 26 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $381.0K | 2,000 | 0.0% | 15 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $367.0K | 800 | 0.0% | 24 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $343.0K | 3,360 | 0.0% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $340.0K | 3,530 | 0.0% | 16 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $339.0K | 4,100 | 0.0% | 11 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $329.0K | 280 | 0.0% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $322.0K | 2,380 | 0.0% | 31 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +7.5% | +14.8% | -7.3% | 100% |
| Q1 2026 | -0.3% | -4.6% | +4.4% | 100% |
| Q4 2025 | +1.7% | +2.4% | -0.7% | 100% |
| Q3 2025 | +6.2% | +7.8% | -1.6% | 99% |
| Q2 2025 | +6.3% | +10.5% | -4.1% | 100% |
| Q1 2025 | -1.9% | -4.6% | +2.6% | 100% |
| Q4 2024 | -0.0% | +2.1% | -2.2% | 100% |
| Q3 2024 | +6.7% | +5.4% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.3B | 131 |
| Q1 2026 | $1.3B | 114 |
| Q4 2025 | $1.4B | 115 |
| Q3 2025 | $1.2B | 113 |
| Q2 2025 | $1.2B | 113 |
| Q1 2025 | $1.2B | 125 |
| Q4 2024 | $1.2B | 124 |
| Q3 2024 | $1.3B | 122 |
| Q2 2024 | $1.2B | 122 |
| Q1 2024 | $2.1B | 134 |
| Q4 2023 | $1.4B | 135 |
| Q3 2023 | $1.5B | 134 |