Investor: Andreas Halvorsen
Number of Assets: 77
Reporting Period: Q1 - 2026
Holdings at Report: $35,748,670,967
Return Since Report: +$961,534,703
Return Since Report: +2.69%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Air Products And Chemicals Inc. (APD) | Equity | -14.19% | 4,104,095 | 3.33% | $290.49 | $285.71 | $1,192,198,557 | $1,172,580,982 | -$19,617,575 | -1.65% |
| Amer Sports Inc. (AS) | Equity | +51.02% | 7,270,476 | 0.67% | $32.92 | $32.84 | $239,344,070 | $238,762,432 | -$581,638 | -0.24% |
| API Group Corp. (APG) | Equity | -49.41% | 5,837,000 | 0.66% | $40.52 | $43.25 | $236,515,240 | $252,450,250 | +$15,935,010 | +6.74% |
| Biomarin Pharmaceutical Inc. (BMRN) | Equity | +16.98% | 7,062,077 | 1.12% | $56.49 | $51.81 | $398,936,730 | $365,886,209 | -$33,050,521 | -8.28% |
| Camden Property Trust (CPT) | Equity | -1.03% | 4,715,394 | 1.29% | $97.66 | $102.56 | $460,505,378 | $483,610,809 | +$23,105,431 | +5.02% |
| Carvana Co. (CVNA) | Equity | +161.89% | 2,780,035 | 2.44% | $314.38 | $67.17 | $873,987,403 | $186,734,951 | -$687,252,452 | -78.63% |
| Chubb Limited (CB) | Equity | +27.73% | 1,295,011 | 1.18% | $325.93 | $324.18 | $422,082,935 | $419,816,666 | -$2,266,269 | -0.54% |
| Damora Therapeutics INC | Equity | +100% | 2,311,082 | 0.17% | $25.90 | N/A | $59,857,024 | N/A | N/A | N/A |
| Edwards Lifesciences Corp. (EW) | Equity | +100% | 1,097,578 | 0.25% | $80.08 | $81.38 | $87,894,046 | $89,320,898 | +$1,426,852 | +1.62% |
| Forgent Power Solutions INC | Equity | +100% | 650,000 | 0.05% | $29.27 | N/A | $19,025,500 | N/A | N/A | N/A |
| General Motors Company (GM) | Equity | +34.83% | 9,176,943 | 1.91% | $74.50 | $74.84 | $683,682,254 | $686,802,414 | +$3,120,160 | +0.46% |
| The Home Depot Inc. (HD) | Equity | +100% | 504,257 | 0.46% | $328.89 | $297.51 | $165,845,085 | $150,021,500 | -$15,823,585 | -9.54% |
| Inhibrx Biosciences Inc. (INBX) | Equity | 0% | 1,437,705 | 0.27% | $67.23 | $108.64 | $96,656,907 | $156,192,271 | +$59,535,364 | +61.59% |
| Johnson Controls International PLC (JCI) | Equity | -25.32% | 4,419,923 | 1.62% | $130.95 | $143.08 | $578,788,917 | $632,402,583 | +$53,613,666 | +9.26% |
| Mcdonald'S Corp. (MCD) | Equity | +0.16% | 3,625,029 | 3.15% | $310.79 | $276.39 | $1,126,622,763 | $1,001,921,765 | -$124,700,998 | -11.07% |
| Microsoft Corp. (MSFT) | Equity | -28.23% | 2,309,446 | 2.39% | $370.17 | $421.92 | $854,887,626 | $974,401,456 | +$119,513,830 | +13.98% |
| Oric Pharmaceuticals Inc. (ORIC) | Equity | -11.38% | 5,824,533 | 0.21% | $12.67 | $8.15 | $73,796,833 | $47,469,944 | -$26,326,889 | -35.67% |
| Oruka Therapeutics Inc. (ORKA) | Equity | 0% | 2,666,690 | 0.37% | $49.05 | $61.93 | $130,801,145 | $165,148,112 | +$34,346,967 | +26.26% |
| Pepgen Inc. (PEPG) | Equity | 0% | 3,482,434 | 0.02% | $1.77 | $1.55 | $6,163,908 | $5,397,773 | -$766,135 | -12.43% |
| Pharvaris N.V. (PHVS) | Equity | 0% | 3,653,310 | 0.29% | $28.25 | $30.40 | $103,206,008 | $111,060,624 | +$7,854,616 | +7.61% |
| Ralliant corp | Equity | -32.50% | 2,134,899 | 0.25% | $41.59 | $0.00 | $88,790,449 | $0 | -$88,790,449 | -100% |
| Reddit Inc. (RDDT) | Equity | +100% | 2,551,617 | 0.96% | $134.65 | $158.17 | $343,575,229 | $403,589,261 | +$60,014,032 | +17.47% |
| The Charles Schwab Corp. (SCHW) | Equity | +5.71% | 14,664,954 | 3.86% | $93.98 | $90.89 | $1,378,212,377 | $1,332,897,669 | -$45,314,708 | -3.29% |
| Sionna Therapeutics Inc. (SION) | Equity | 0% | 3,195,181 | 0.36% | $40.09 | $40.22 | $128,094,806 | $128,510,180 | +$415,374 | +0.32% |
| T-Mobile Us Inc. (TMUS) | Equity | -20.96% | 2,967,374 | 1.74% | $210.03 | $185.22 | $623,237,561 | $549,617,012 | -$73,620,549 | -11.81% |
| Alphabet Inc. (GOOGL) | Equity | -10.14% | 2,395,865 | 1.93% | $287.56 | $396.78 | $688,954,939 | $950,631,315 | +$261,676,376 | +37.98% |
| American International Group Inc. (AIG) | Equity | +100% | 4,221,223 | 0.89% | $75.25 | $76.11 | $317,647,031 | $321,277,283 | +$3,630,252 | +1.14% |
| Apple Inc. (AAPL) | Equity | +100% | 3,593,057 | 2.55% | $253.79 | $300.23 | $911,881,936 | $1,078,743,503 | +$166,861,567 | +18.30% |
| The Boeing Company (BA) | Equity | -19.15% | 3,196,041 | 1.78% | $199.03 | $220.49 | $636,108,040 | $704,695,080 | +$68,587,040 | +10.78% |
| Capital One Financial Corp. (COF) | Equity | -45.39% | 1,612,374 | 0.82% | $182.43 | $187.17 | $294,145,389 | $301,788,042 | +$7,642,653 | +2.60% |
| CBOE Global Markets Inc. (CBOE) | Equity | +100% | 688,417 | 0.54% | $281.07 | $363.02 | $193,493,366 | $249,909,139 | +$56,415,773 | +29.16% |
| CoreWeave Inc. (CRWV) | Equity | +100% | 1,397,438 | 0.30% | $77.47 | $107.30 | $108,259,522 | $149,945,097 | +$41,685,575 | +38.51% |
| Dick'S Sporting Goods Inc. (DKS) | Equity | -50.87% | 1,264,170 | 0.70% | $198.29 | $216.48 | $250,672,269 | $273,667,522 | +$22,995,253 | +9.17% |
| Equipmentshare COM INC | Equity | +100% | 1,000,000 | 0.06% | $20.37 | N/A | $20,370,000 | N/A | N/A | N/A |
| Fortive Corp. (FTV) | Equity | +16.91% | 22,479,388 | 3.48% | $55.28 | $58.72 | $1,242,660,569 | $1,319,989,663 | +$77,329,094 | +6.22% |
| Ginkgo Bioworks Holdings Inc. (DNA) | Equity | 0% | 3,577,128 | 0.06% | $6.13 | $7.71 | $21,927,795 | $27,579,657 | +$5,651,862 | +25.77% |
| Hasbro Inc. (HAS) | Equity | +100% | 3,738,902 | 0.98% | $93.60 | $95.25 | $349,961,227 | $356,130,416 | +$6,169,189 | +1.76% |
| Interactive Brokers Group Inc. (IBKR) | Equity | +100% | 1,394,329 | 0.26% | $67.07 | $87.00 | $93,517,646 | $121,306,623 | +$27,788,977 | +29.72% |
| JP Morgan Chase & Co. (JPM) | Equity | +41.87% | 2,704,018 | 2.23% | $294.16 | $297.81 | $795,413,935 | $805,283,601 | +$9,869,666 | +1.24% |
| Lennox International Inc. (LII) | Equity | +153.08% | 1,572,419 | 2.04% | $464.13 | N/A | $729,806,830 | N/A | N/A | N/A |
| Medline INC | Equity | +64.30% | 11,433,992 | 1.42% | $44.50 | N/A | $508,812,644 | N/A | N/A | N/A |
| Mid-America Apartment Communities Inc. (MAA) | Equity | +23.67% | 4,798,404 | 1.64% | $122.12 | $125.71 | $585,981,096 | $603,207,367 | +$17,226,271 | +2.94% |
| The Pnc Financial Services Group Inc. (PNC) | Equity | -58.46% | 3,027,092 | 1.76% | $208.09 | $212.84 | $629,907,574 | $644,286,261 | +$14,378,687 | +2.28% |
| Regal Rexnord Corp. (RRX) | Equity | -2.52% | 3,142,851 | 1.65% | $187.26 | $197.16 | $588,530,278 | $619,644,503 | +$31,114,225 | +5.29% |
| Sea Limited (SE) | Equity | +29.02% | 4,737,196 | 1.10% | $82.81 | $88.23 | $392,287,201 | $417,962,803 | +$25,675,602 | +6.55% |
| Standard Biotools Inc. (LAB) | Equity | 0% | 58,651,170 | 0.15% | $0.92 | $0.99 | $53,918,021 | $57,771,402 | +$3,853,381 | +7.15% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -9.15% | 4,465,127 | 4.22% | $337.95 | $404.35 | $1,508,989,670 | $1,805,474,102 | +$296,484,432 | +19.65% |
| Twilio Inc. (TWLO) | Equity | +100% | 450,770 | 0.16% | $125.82 | $198.29 | $56,715,881 | $89,383,183 | +$32,667,302 | +57.60% |
| Adaptive Biotechnologies Corp. (ADPT) | Equity | 0% | 29,993,708 | 1.16% | $13.88 | $12.83 | $416,312,667 | $384,819,274 | -$31,493,393 | -7.56% |
| Amazon.com Inc. (AMZN) | Equity | -61.77% | 1,195,428 | 0.70% | $208.27 | $264.14 | $248,971,790 | $315,760,352 | +$66,788,562 | +26.83% |
| Aon PLC (AON) | Equity | +38.72% | 1,087,114 | 0.98% | $322.78 | $317.27 | $350,898,657 | $344,908,659 | -$5,989,998 | -1.71% |
| ATI Inc. (ATI) | Equity | +100% | 3,332,843 | 1.36% | $145.46 | $154.22 | $484,795,343 | $513,991,047 | +$29,195,704 | +6.02% |
| Bridgebio Pharma Inc. (BBIO) | Equity | -17.73% | 11,842,434 | 2.46% | $74.26 | $66.13 | $879,419,149 | $783,140,160 | -$96,278,989 | -10.95% |
| Carnival Corp. & PLC (CCL) | Equity | -2.42% | 13,721,348 | 0.99% | $25.88 | $24.64 | $355,108,486 | $338,094,015 | -$17,014,471 | -4.79% |
| Celestica Inc. (CLS) | Equity | -2.60% | 1,654,989 | 1.30% | $281.68 | $358.55 | $466,177,302 | $593,396,306 | +$127,219,004 | +27.29% |
| Csx Corp. (CSX) | Equity | +35.18% | 18,678,052 | 2.14% | $41.05 | $45.66 | $766,734,035 | $852,839,854 | +$86,105,819 | +11.23% |
| The Walt Disney Company (DIS) | Equity | +18.81% | 13,298,462 | 3.59% | $96.38 | $102.72 | $1,281,705,768 | $1,366,018,017 | +$84,312,249 | +6.58% |
| Fedex Corp. (FDX) | Equity | +100% | 1,932,165 | 1.93% | $356.18 | $375.78 | $688,198,530 | $726,068,964 | +$37,870,434 | +5.50% |
| Arthur J. Gallagher & Co. (AJG) | Equity | -30.12% | 727,441 | 0.44% | $216.58 | $199.95 | $157,549,172 | $145,451,828 | -$12,097,344 | -7.68% |
| HCA Healthcare Inc. (HCA) | Equity | +7.60% | 1,075,133 | 1.42% | $473.24 | $423.00 | $508,795,941 | $454,781,259 | -$54,014,682 | -10.62% |
| Intercontinental Exchange Inc. (ICE) | Equity | +0.70% | 4,836,896 | 2.13% | $157.28 | $154.36 | $760,747,003 | $746,623,267 | -$14,123,736 | -1.86% |
| Lululemon Athletica Inc. (LULU) | Equity | +100% | 980,568 | 0.42% | $153.10 | $119.14 | $150,124,961 | $116,824,872 | -$33,300,089 | -22.18% |
| Meta Platforms Inc. (META) | Equity | +100% | 1,062,575 | 1.70% | $572.13 | $614.23 | $607,931,035 | $652,665,442 | +$44,734,407 | +7.36% |
| Newamsterdam Pharma Company N.V. (NAMS) | Equity | 0% | 4,203,567 | 0.38% | $32.01 | $35.44 | $134,556,180 | $148,974,414 | +$14,418,234 | +10.72% |
| The Progressive Corp. (PGR) | Equity | +21.41% | 1,616,559 | 0.90% | $198.24 | $199.73 | $320,466,656 | $322,875,329 | +$2,408,673 | +0.75% |
| Rallybio corp | Equity | +100% | 524,347 | 0.01% | $8.97 | N/A | $4,703,393 | N/A | N/A | N/A |
| Roivant Sciences Ltd. (ROIV) | Equity | +3.25% | 6,652,448 | 0.52% | $27.70 | $29.29 | $184,272,810 | $194,850,202 | +$10,577,392 | +5.74% |
| The Sherwin-Williams Company (SHW) | Equity | -1.88% | 3,112,767 | 2.79% | $320.55 | $300.10 | $997,797,462 | $934,141,377 | -$63,656,085 | -6.38% |
| Stellantis N.V. (STLA) | Equity | -59.09% | 15,980,268 | 0.31% | $7.00 | $7.49 | $111,914,533 | $119,612,306 | +$7,697,773 | +6.88% |
| Tesla Inc. (TSLA) | Equity | +46.70% | 2,493,561 | 2.59% | $371.75 | $422.24 | $926,981,302 | $1,052,881,197 | +$125,899,895 | +13.58% |
| Waters Corp. (WAT) | Equity | +100% | 1,256,462 | 1.05% | $297.80 | $329.19 | $374,174,384 | $413,614,726 | +$39,440,342 | +10.54% |
| Thermo Fisher Scientific Inc. (TMO) | Equity | +110.29% | 1,668,025 | 2.29% | $491.53 | $438.34 | $819,884,328 | $731,162,079 | -$88,722,249 | -10.82% |
| Acuren Corp (TIC) | Equity | +4.26% | 35,824,562 | 0.66% | $6.58 | $8.96 | $235,725,618 | $320,988,076 | +$85,262,458 | +36.17% |
| Trevi Therapeutics Inc. (TRVI) | Equity | 0% | 3,198,644 | 0.11% | $11.93 | $14.20 | $38,159,823 | $45,420,745 | +$7,260,922 | +19.03% |
| Veradermics INC | Equity | +100% | 1,690,555 | 0.30% | $63.15 | N/A | $106,758,548 | N/A | N/A | N/A |
| West Pharmaceutical Services Inc. (WST) | Equity | +41.32% | 416,948 | 0.29% | $250.64 | $302.89 | $104,503,847 | $126,289,380 | +$21,785,533 | +20.85% |
| Visa Inc. (V) | Equity | +58.83% | 6,328,185 | 5.35% | $302.24 | $325.75 | $1,912,630,634 | $2,061,406,264 | +$148,775,630 | +7.78% |