Vault-13

BARINGS LLC

CHARLOTTE, NC · CIK 9015 · 13F filing filed 2026-08-07

SEC-registered investment adviser since 1940 · limited liability company

$5.6bn reported value -9.0% vs Q1 2026
191positions
74.0%in top 10
31 new 55 added 65 reduced 19 sold out vs Q1 2026

This report includes the holdings of 5 other managers that share the investment decisions:

Also in the report of:

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 ISHARES TR CORE S&P500 ETF IVV IVV 1,744,190 $1.3bn23.17% 23.17% AddedShares held: Q3 2025 1.6m, Q4 2025 1.7m, Q1 2026 1.7m, Q2 2026 1.7m +70.5k +70,543 4.2%
2 INVESCO QQQ TR UNIT SER 1 QQQ QQQ 863,468 $635.9m11.28% 11.28% ReducedShares held: Q3 2025 894.4k, Q4 2025 906.3k, Q1 2026 900.2k, Q2 2026 863.5k -36.7k -36,739 -4.1%
3 ISHARES TR RUS 2000 GRW ETF IWO IWO 1,579,950 $622.4m11.04% 11.04% ReducedShares held: Q3 2025 1.6m, Q4 2025 1.7m, Q1 2026 1.6m, Q2 2026 1.6m -28.8k -28,800 -1.8%
4 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH VCSH 5,108,527 $403.7m7.16% 7.16% UnchangedShares held: Q3 2025 5.1m, Q4 2025 5.1m, Q1 2026 5.1m, Q2 2026 5.1m
5 ISHARES TR ISHS 1-5YR INVS IGSB IGSB 6,840,027 $358.5m6.36% 6.36% UnchangedShares held: Q3 2025 6.8m, Q4 2025 6.8m, Q1 2026 6.8m, Q2 2026 6.8m
6 ISHARES TR IBOXX INV CP ETF LQD LQD 2,720,211 $296.7m5.26% 5.26% ReducedShares held: Q3 2025 2.8m, Q4 2025 2.8m, Q1 2026 8.6m, Q2 2026 2.7m -5.9m -5,892,152 -68.4%
7 JANUS DETROIT STR TR HENDRSON AAA CL JAAA JAAA 4,909,176 $247.9m4.40% 4.40% ReducedShares held: Q3 2025 6.0m, Q4 2025 6.0m, Q1 2026 12.9m, Q2 2026 4.9m -8.0m -8,000,000 -62.0%
8 BARINGS BDC INC COM BBDC BBDC 13,639,681 $116.2m2.06% 2.06% UnchangedShares held: Q3 2025 13.6m, Q4 2025 13.6m, Q1 2026 13.6m, Q2 2026 13.6m
9 VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT VT 732,779 $115.0m2.04% 2.04% ReducedShares held: Q3 2025 811.5k, Q4 2025 884.9k, Q1 2026 866.3k, Q2 2026 732.8k -133.6k -133,557 -15.4%
10 HERBALIFE LTD NOTE 4.250% 6/1 · principal HLF 4.25 06.15.28 · principal HLF 4.25 06.15.28 59,612,000 $68.4m1.21% 1.21% AddedPrincipal held: Q3 2025 61.9m, Q4 2025 75.9m, Q1 2026 56.8m, Q2 2026 59.6m +2.8m +2,787,000 4.9%
11 NCL CORP LTD NOTE 0.875% 4/1 · principal NCLH 0.875 04.15.30 · principal NCLH 0.875 04.15.30 54,658,000 $60.9m1.08% 1.08% NewPrincipal held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 54.7m
12 PARSONS CORP DEL NOTE 2.625% 3/0 · principal PSN 2.625 03.01.29 · principal PSN 2.625 03.01.29 61,696,000 $60.7m1.08% 1.08% AddedPrincipal held: Q3 2025 30.1m, Q4 2025 38.1m, Q1 2026 46.1m, Q2 2026 61.7m +15.6m +15,573,000 33.8%
13 BLACKROCK ETF TRUST ISHARES US EQUIT DYNF DYNF 765,431 $52.1m0.92% 0.92% AddedShares held: Q3 2025 424.8k, Q4 2025 466.3k, Q1 2026 482.7k, Q2 2026 765.4k +282.8k +282,771 58.6%
14 ISHARES INC MSCI WORLD ETF URTH URTH 251,883 $51.0m0.91% 0.91% ReducedShares held: Q3 2025 311.1k, Q4 2025 288.9k, Q1 2026 265.4k, Q2 2026 251.9k -13.5k -13,492 -5.1%
15 SPDR S&P 500 ETF TR TR UNIT SPY SPY 63,642 $47.5m0.84% 0.84% ReducedShares held: Q3 2025 114.8k, Q4 2025 97.3k, Q1 2026 78.0k, Q2 2026 63.6k -14.4k -14,363 -18.4%
16 PDD HOLDINGS INC SPONSORED ADS PDD PDD 587,937 $44.8m0.80% 0.80% ReducedShares held: Q3 2025 539.0k, Q4 2025 654.6k, Q1 2026 649.2k, Q2 2026 587.9k -61.3k -61,292 -9.4%
17 ISHARES TR FLTG RATE NT ETF FLOT FLOT 780,000 $39.8m0.71% 0.71% UnchangedShares held: Q3 2025 780.0k, Q4 2025 780.0k, Q1 2026 780.0k, Q2 2026 780.0k
18 ACCELERANT HOLDINGS CL A ARX ARX 3,128,867 $37.6m0.67% 0.67% UnchangedShares held: Q3 2025 3.1m, Q4 2025 3.1m, Q1 2026 3.1m, Q2 2026 3.1m
19 ANGLOGOLD ASHANTI PLC COM SHS AU AU 456,162 $36.9m0.66% 0.66% AddedShares held: Q3 2025 668.9k, Q4 2025 539.2k, Q1 2026 428.5k, Q2 2026 456.2k +27.7k +27,693 6.5%
20 VANGUARD WORLD FD INF TECH ETF VGT VGT 284,064 $34.0m0.60% 0.60% AddedShares held: Q3 2025 123.3k, Q4 2025 305.7k, Q1 2026 239.9k, Q2 2026 284.1k +44.2k +44,200 18.4%
21 ISHARES TR BROAD USD HIGH USHY USHY 886,891 $32.8m0.58% 0.58% ReducedShares held: Q3 2025 1.2m, Q4 2025 1.2m, Q1 2026 1.2m, Q2 2026 886.9k -350.0k -350,000 -28.3%
22 TOTALENERGIES SE ACT TTE TTE 418,276 $32.5m0.58% 0.58% ReducedShares held: Q3 2025 0, Q4 2025 406.6k, Q1 2026 605.2k, Q2 2026 418.3k -187.0k -186,954 -30.9%
23 UNITI GROUP LLC NOTE 7.500%12/0 · principal UNIT 7.5 12.01.27 · principal UNIT 7.5 12.01.27 23,333,000 $28.2m0.50% 0.50% ReducedPrincipal held: Q3 2025 16.7m, Q4 2025 16.7m, Q1 2026 27.6m, Q2 2026 23.3m -4.3m -4,288,000 -15.5%
24 WHEATON PRECIOUS METALS CORP COM WPM WPM 248,925 $28.0m0.50% 0.50% ReducedShares held: Q3 2025 446.7k, Q4 2025 378.9k, Q1 2026 270.9k, Q2 2026 248.9k -22.0k -22,018 -8.1%
25 ISHARES TR 7-10 YR TRSY BD IEF IEF 281,884 $26.7m0.47% 0.47% ReducedShares held: Q3 2025 631.8k, Q4 2025 659.9k, Q1 2026 288.2k, Q2 2026 281.9k -6.3k -6,329 -2.2%
26 ISHARES INC MSCI JPN ETF NEW EWJ EWJ 281,415 $26.2m0.47% 0.47% ReducedShares held: Q3 2025 198.7k, Q4 2025 177.1k, Q1 2026 335.8k, Q2 2026 281.4k -54.4k -54,355 -16.2%
27 PACER FDS TR BARINGS CLO MRKT AAAP AAAP 1,000,000 $25.2m0.45% 0.45% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 1.0m
28 PACER FDS TR BARINGS SECURED PBSC PBSC 1,000,000 $25.1m0.45% 0.45% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 1.0m
29 ISHARES TR MSCI EMG MKT ETF EEM EEM 364,200 $24.9m0.44% 0.44% ReducedShares held: Q3 2025 530.7k, Q4 2025 197.8k, Q1 2026 603.9k, Q2 2026 364.2k -239.7k -239,690 -39.7%
30 VANGUARD INDEX FDS S&P 500 ETF SHS VOO VOO 35,299 $24.2m0.43% 0.43% UnchangedShares held: Q3 2025 35.3k, Q4 2025 35.3k, Q1 2026 35.3k, Q2 2026 35.3k
31 ASTRAZENECA PLC ORD AZN AZN 126,110 $23.6m0.42% 0.42% ReducedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 143.0k, Q2 2026 126.1k -16.9k -16,922 -11.8%
32 SEA LTD SPONSORD ADS SE SE 244,505 $23.4m0.42% 0.42% ReducedShares held: Q3 2025 209.4k, Q4 2025 223.9k, Q1 2026 245.3k, Q2 2026 244.5k -793 -793 -0.3%
33 SABRE GLBL INC NOTE 7.320% 8/0 · principal SABHLD 7.32 08.01.26 · principal SABHLD 7.32 08.01.26 21,908,000 $22.0m0.39% 0.39% ReducedPrincipal held: Q3 2025 22.7m, Q4 2025 22.1m, Q1 2026 22.1m, Q2 2026 21.9m -185.0k -185,000 -0.8%
34 CRH PLC ORD CRH CRH 203,461 $21.8m0.39% 0.39% AddedShares held: Q3 2025 278.5k, Q4 2025 258.7k, Q1 2026 203.0k, Q2 2026 203.5k +427 +427 0.2%
35 SUNCOR ENERGY INC NEW COM SU SU 374,061 $20.1m0.36% 0.36% AddedShares held: Q3 2025 353.9k, Q4 2025 87.2k, Q1 2026 288.8k, Q2 2026 374.1k +85.3k +85,278 29.5%
36 NU HLDGS LTD ORD SHS CL A NU NU 1,491,372 $19.9m0.35% 0.35% AddedShares held: Q3 2025 1.6m, Q4 2025 1.6m, Q1 2026 1.1m, Q2 2026 1.5m +434.5k +434,515 41.1%
37 ITAU UNIBANCO HLDG S A SPON ADR REP PFD ITUB ITUB 2,043,934 $16.7m0.30% 0.30% AddedShares held: Q3 2025 1.1m, Q4 2025 891.8k, Q1 2026 891.8k, Q2 2026 2.0m +1.2m +1,152,113 129.2%
38 OMNICELL COM NOTE 1.000%12/0 · principal OMCL 1 12.01.29 · principal OMCL 1 12.01.29 15,735,000 $16.6m0.30% 0.30% UnchangedPrincipal held: Q3 2025 0, Q4 2025 15.7m, Q1 2026 15.7m, Q2 2026 15.7m
39 CHEVRON CORP NEW COM CVX CVX 98,129 $16.3m0.29% 0.29% ReducedShares held: Q3 2025 92.4k, Q4 2025 92.4k, Q1 2026 100.4k, Q2 2026 98.1k -2.3k -2,317 -2.3%
40 HDFC BANK LTD SPONSORED ADS HDB HDB 607,057 $15.7m0.28% 0.28% ReducedShares held: Q3 2025 595.9k, Q4 2025 682.8k, Q1 2026 616.0k, Q2 2026 607.1k -9.0k -8,979 -1.5%
41 AON PLC SHS CL A AON AON 46,248 $15.3m0.27% 0.27% UnchangedShares held: Q3 2025 59.6k, Q4 2025 71.1k, Q1 2026 46.2k, Q2 2026 46.2k
42 GLOBAL X FDS X EMERGING MKT EMBD EMBD 596,200 $14.3m0.25% 0.25% ReducedShares held: Q3 2025 684.4k, Q4 2025 651.2k, Q1 2026 607.7k, Q2 2026 596.2k -11.5k -11,500 -1.9%
43 NUTRIEN LTD COM NTR NTR 224,956 $14.2m0.25% 0.25% AddedShares held: Q3 2025 81.7k, Q4 2025 126.8k, Q1 2026 216.3k, Q2 2026 225.0k +8.6k +8,631 4.0%
44 QIAGEN NV ORD SHARES QGEN QGEN 356,002 $13.8m0.24% 0.24% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 329.5k, Q2 2026 356.0k +26.5k +26,490 8.0%
45 EXXON MOBIL CORP COM XOM XOM 100,721 $13.8m0.24% 0.24% ReducedShares held: Q3 2025 102.1k, Q4 2025 102.1k, Q1 2026 102.5k, Q2 2026 100.7k -1.7k -1,739 -1.7%
46 BEIGENE LTD SPONSORED ADR ONC ONC 42,815 $12.2m0.22% 0.22% UnchangedShares held: Q3 2025 55.6k, Q4 2025 42.8k, Q1 2026 42.8k, Q2 2026 42.8k
47 INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM QQQM 39,184 $11.9m0.21% 0.21% UnchangedShares held: Q3 2025 37.1k, Q4 2025 32.7k, Q1 2026 39.2k, Q2 2026 39.2k
48 CONOCOPHILLIPS COM COP COP 113,783 $11.8m0.21% 0.21% ReducedShares held: Q3 2025 112.8k, Q4 2025 114.8k, Q1 2026 115.4k, Q2 2026 113.8k -1.6k -1,638 -1.4%
49 ISHARES TR RUSSELL 2000 ETF IWM IWM 34,127 $10.3m0.18% 0.18% UnchangedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 34.1k, Q2 2026 34.1k
50 ZIFF DAVIS INC DEBT 3.625% 3/0 · principal ZD 3.625 03.01.28 · principal ZD 3.625 03.01.28 10,000,000 $10.0m0.18% 0.18% UnchangedPrincipal held: Q3 2025 10.0m, Q4 2025 10.0m, Q1 2026 10.0m, Q2 2026 10.0m
51 DARLING INGREDIENTS INC COM DAR DAR 182,050 $9.9m0.18% 0.18% ReducedShares held: Q3 2025 243.6k, Q4 2025 189.8k, Q1 2026 189.8k, Q2 2026 182.1k -7.7k -7,722 -4.1%
52 EOG RES INC COM EOG EOG 75,916 $9.8m0.17% 0.17% UnchangedShares held: Q3 2025 69.6k, Q4 2025 75.9k, Q1 2026 75.9k, Q2 2026 75.9k
53 WILLIAMS COS INC COM WMB WMB 128,927 $9.6m0.17% 0.17% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 103.9k, Q2 2026 128.9k +25.0k +25,016 24.1%
54 NEWMONT CORP COM NEM NEM 97,945 $9.1m0.16% 0.16% ReducedShares held: Q3 2025 113.8k, Q4 2025 141.1k, Q1 2026 101.4k, Q2 2026 97.9k -3.5k -3,492 -3.4%
55 FERRARI N V COM RACE RACE 24,161 $9.0m0.16% 0.16% AddedShares held: Q3 2025 6.4k, Q4 2025 2.4k, Q1 2026 22.0k, Q2 2026 24.2k +2.2k +2,163 9.8%
56 FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS FMX FMX 69,146 $8.8m0.16% 0.16% ReducedShares held: Q3 2025 72.6k, Q4 2025 79.2k, Q1 2026 90.6k, Q2 2026 69.1k -21.5k -21,468 -23.7%
57 VALERO ENERGY CORP COM VLO VLO 33,649 $8.8m0.16% 0.16% AddedShares held: Q3 2025 19.9k, Q4 2025 19.9k, Q1 2026 27.2k, Q2 2026 33.6k +6.5k +6,450 23.7%
58 DEVON ENERGY CORP NEW COM DVN DVN 208,091 $8.6m0.15% 0.15% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 208.1k
59 CENTRAIS ELETRICAS BRASILEIR SPONSORED ADR AXIAY AXIAY 782,040 $8.3m0.15% 0.15% AddedShares held: Q3 2025 674.4k, Q4 2025 723.8k, Q1 2026 723.8k, Q2 2026 782.0k +58.2k +58,238 8.1%
60 KASPI KZ JSC SPONSORED ADS KSPI KSPI 88,751 $7.7m0.14% 0.14% UnchangedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 88.8k, Q2 2026 88.8k
61 NVIDIA CORPORATION COM NVDA NVDA 38,262 $7.7m0.14% 0.14% AddedShares held: Q3 2025 35.9k, Q4 2025 30.8k, Q1 2026 34.3k, Q2 2026 38.3k +3.9k +3,948 11.5%
62 CONTANGO ORE INC COM CTGO CTGO 476,190 $7.5m0.13% 0.13% UnchangedShares held: Q3 2025 476.2k, Q4 2025 476.2k, Q1 2026 476.2k, Q2 2026 476.2k
63 FREEPORT-MCMORAN INC CL B FCX FCX 118,626 $7.5m0.13% 0.13% ReducedShares held: Q3 2025 120.1k, Q4 2025 235.0k, Q1 2026 143.1k, Q2 2026 118.6k -24.5k -24,470 -17.1%
64 FABRINET SHS FN FN 13,199 $7.4m0.13% 0.13% ReducedShares held: Q3 2025 17.0k, Q4 2025 17.0k, Q1 2026 17.0k, Q2 2026 13.2k -3.8k -3,834 -22.5%
65 VALE S A SPONSORED ADS VALE VALE 477,943 $7.2m0.13% 0.13% ReducedShares held: Q3 2025 792.6k, Q4 2025 878.4k, Q1 2026 595.2k, Q2 2026 477.9k -117.2k -117,236 -19.7%
66 PHILLIPS 66 COM PSX PSX 41,977 $7.1m0.13% 0.13% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 42.0k
67 EOS ENERGY ENTERPRISES INC COM CL A EOSE EOSE 1,204,430 $7.1m0.13% 0.13% UnchangedShares held: Q3 2025 1.2m, Q4 2025 1.2m, Q1 2026 1.2m, Q2 2026 1.2m
68 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG PBR.A PBR.A 478,910 $7.0m0.12% 0.12% AddedShares held: Q3 2025 428.6k, Q4 2025 428.6k, Q1 2026 368.8k, Q2 2026 478.9k +110.1k +110,116 29.9%
69 H WORLD GROUP LTD SPONSORED ADS HTHT HTHT 165,532 $6.9m0.12% 0.12% ReducedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 166.2k, Q2 2026 165.5k -634 -634 -0.4%
70 VANGUARD INDEX FDS VALUE ETF VTV VTV 31,595 $6.9m0.12% 0.12% ReducedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 92.2k, Q2 2026 31.6k -60.6k -60,595 -65.7%
71 CREDICORP LTD COM BAP BAP 17,585 $6.9m0.12% 0.12% ReducedShares held: Q3 2025 30.7k, Q4 2025 28.3k, Q1 2026 28.3k, Q2 2026 17.6k -10.7k -10,704 -37.8%
72 CAMDEN PPTY TR SH BEN INT CPT CPT 57,104 $6.5m0.12% 0.12% UnchangedShares held: Q3 2025 57.1k, Q4 2025 57.1k, Q1 2026 57.1k, Q2 2026 57.1k
73 DEERE & CO COM DE DE 10,068 $6.4m0.11% 0.11% AddedShares held: Q3 2025 7.4k, Q4 2025 7.1k, Q1 2026 7.8k, Q2 2026 10.1k +2.3k +2,303 29.7%
74 DIAMONDBACK ENERGY INC COM FANG FANG 36,210 $6.4m0.11% 0.11% ReducedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 38.1k, Q2 2026 36.2k -1.9k -1,889 -5.0%
75 GRUPO CIBEST SA SPON ADS CIB CIB 74,034 $5.9m0.10% 0.10% ReducedShares held: Q3 2025 97.9k, Q4 2025 54.3k, Q1 2026 81.5k, Q2 2026 74.0k -7.5k -7,466 -9.2%
76 CAMECO CORP COM CCJ CCJ 57,330 $5.8m0.10% 0.10% AddedShares held: Q3 2025 30.3k, Q4 2025 44.5k, Q1 2026 44.5k, Q2 2026 57.3k +12.8k +12,782 28.7%
77 AGNICO EAGLE MINES LTD COM AEM AEM 37,113 $5.8m0.10% 0.10% ReducedShares held: Q3 2025 45.0k, Q4 2025 45.0k, Q1 2026 45.3k, Q2 2026 37.1k -8.2k -8,190 -18.1%
78 CORTEVA INC COM CTVA CTVA 67,121 $5.7m0.10% 0.10% AddedShares held: Q3 2025 117.7k, Q4 2025 74.8k, Q1 2026 65.4k, Q2 2026 67.1k +1.8k +1,760 2.7%
79 SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B SQM SQM 75,177 $5.6m0.10% 0.10% ReducedShares held: Q3 2025 0, Q4 2025 77.3k, Q1 2026 87.2k, Q2 2026 75.2k -12.0k -12,009 -13.8%
80 TECK RESOURCES LTD CL B TECK TECK 92,626 $5.5m0.10% 0.10% ReducedShares held: Q3 2025 95.6k, Q4 2025 129.6k, Q1 2026 102.0k, Q2 2026 92.6k -9.4k -9,399 -9.2%
81 BARRICK MNG CORP COM SHS B B 147,091 $5.4m0.10% 0.10% ReducedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 153.8k, Q2 2026 147.1k -6.7k -6,698 -4.4%
82 VANECK ETF TRUST GOLD MINERS ETF GDX GDX 71,078 $5.4m0.10% 0.10% ReducedShares held: Q3 2025 8.1k, Q4 2025 68.0k, Q1 2026 72.5k, Q2 2026 71.1k -1.4k -1,409 -1.9%
83 APPLE INC COM AAPL AAPL 17,793 $5.1m0.09% 0.09% AddedShares held: Q3 2025 13.7k, Q4 2025 13.4k, Q1 2026 12.4k, Q2 2026 17.8k +5.4k +5,361 43.1%
84 AMAZON COM INC COM AMZN AMZN 21,520 $5.1m0.09% 0.09% AddedShares held: Q3 2025 23.8k, Q4 2025 19.8k, Q1 2026 17.3k, Q2 2026 21.5k +4.2k +4,185 24.1%
85 LINDE PLC SHS LIN LIN 9,684 $5.0m0.09% 0.09% AddedShares held: Q3 2025 29.0k, Q4 2025 9.6k, Q1 2026 9.6k, Q2 2026 9.7k +80 +80 0.8%
86 BARINGS PARTN INVS SH BEN INT MPV MPV 289,151 $4.9m0.09% 0.09% AddedShares held: Q3 2025 280.3k, Q4 2025 283.0k, Q1 2026 285.9k, Q2 2026 289.2k +3.3k +3,276 1.1%
87 MICROSOFT CORP COM MSFT MSFT 12,119 $4.5m0.08% 0.08% AddedShares held: Q3 2025 13.5k, Q4 2025 13.6k, Q1 2026 12.0k, Q2 2026 12.1k +121 +121 1.0%
88 BUNGE GLOBAL SA COM SHS BG BG 42,250 $4.5m0.08% 0.08% AddedShares held: Q3 2025 38.3k, Q4 2025 44.7k, Q1 2026 41.8k, Q2 2026 42.2k +476 +476 1.1%
89 ARCHER DANIELS MIDLAND CO COM ADM ADM 56,175 $4.3m0.08% 0.08% AddedShares held: Q3 2025 132.1k, Q4 2025 58.1k, Q1 2026 54.7k, Q2 2026 56.2k +1.5k +1,462 2.7%
90 ALPHABET INC CAP STK CL A GOOGL GOOGL 11,885 $4.2m0.08% 0.08% ReducedShares held: Q3 2025 15.0k, Q4 2025 13.0k, Q1 2026 12.3k, Q2 2026 11.9k -401 -401 -3.3%
91 ISHARES TR GLB INFRASTR ETF IGF IGF 62,966 $4.2m0.07% 0.07% ReducedShares held: Q3 2025 49.8k, Q4 2025 54.8k, Q1 2026 75.8k, Q2 2026 63.0k -12.8k -12,837 -16.9%
92 ISHARES TR BLACKROCK ULTRA ICSH ICSH 78,600 $4.0m0.07% 0.07% UnchangedShares held: Q3 2025 0, Q4 2025 78.6k, Q1 2026 78.6k, Q2 2026 78.6k
93 CF INDS HLDGS INC COM CF CF 36,537 $4.0m0.07% 0.07% ReducedShares held: Q3 2025 14.9k, Q4 2025 45.7k, Q1 2026 62.6k, Q2 2026 36.5k -26.0k -26,023 -41.6%
94 SCHLUMBERGER LTD COM STK SLB SLB 83,065 $3.9m0.07% 0.07% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 83.1k
95 BARINGS CORPORATE INVS COM MCI MCI 219,664 $3.9m0.07% 0.07% UnchangedShares held: Q3 2025 219.7k, Q4 2025 219.7k, Q1 2026 219.7k, Q2 2026 219.7k
96 ISHARES TR MSCI ACWI ETF ACWI ACWI 24,240 $3.8m0.07% 0.07% ReducedShares held: Q3 2025 28.9k, Q4 2025 33.4k, Q1 2026 34.4k, Q2 2026 24.2k -10.2k -10,154 -29.5%
97 EQUITY RESIDENTIAL SH BEN INT VMRK VMRK 52,076 $3.5m0.06% 0.06% UnchangedShares held: Q3 2025 52.1k, Q4 2025 52.1k, Q1 2026 52.1k, Q2 2026 52.1k
98 SOUTHERN COPPER CORP COM SCCO SCCO 19,856 $3.5m0.06% 0.06% ReducedShares held: Q3 2025 7.7k, Q4 2025 61.5k, Q1 2026 35.0k, Q2 2026 19.9k -15.2k -15,181 -43.3%
99 WEYERHAEUSER CO MTN BE COM NEW WY WY 143,864 $3.4m0.06% 0.06% ReducedShares held: Q3 2025 107.5k, Q4 2025 104.5k, Q1 2026 155.0k, Q2 2026 143.9k -11.1k -11,087 -7.2%
100 DOW INC COM DOW DOW 121,612 $3.3m0.06% 0.06% ReducedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 169.4k, Q2 2026 121.6k -47.7k -47,749 -28.2%

Sold out since Q1 2026

SecurityTickerShares held beforeValue then
ISHARES TR IGV IGV 240,898 $19.3m240.9k shares
COTERRA ENERGY INC CTRA CTRA 304,689 $10.7m304.7k shares
FUTU HLDGS LTD FUTU FUTU 58,054 $7.9m58.1k shares
ENBRIDGE INC ENB ENB 129,888 $7.0m129.9k shares
XP INC XP XP 200,683 $3.8m200.7k shares
VANECK ETF TRUST MOAT MOAT 24,935 $2.4m24.9k shares
VANGUARD SCOTTSDALE FDS VTWO VTWO 15,737 $1.6m15.7k shares
INTERCORP FINL SVCS INC IFS IFS 26,880 $1.3m26.9k shares
VANGUARD INTL EQUITY INDEX F VWO VWO 22,940 $1.2m22.9k shares
FIDELITY NATL INFORMATION SV FIS FIS 18,671 $875.9k18.7k shares
ELME COMMUNITIES ELME ELME 49,487 $834.4k49.5k shares
ISHARES TR EAGG EAGG 17,310 $823.1k17.3k shares
PILGRIMS PRIDE CORP PPC PPC 19,328 $729.8k19.3k shares
INTUIT INTU INTU 1,407 $608.4k1.4k shares
AXON ENTERPRISE INC AXON AXON 930 $395.0k930 shares
ISHARES TR TLH TLH 2,963 $298.4k3.0k shares
PHILIP MORRIS INTL INC PM PM 1,322 $218.6k1.3k shares
VERIZON COMMUNICATIONS INC VZ VZ 3,989 $200.2k4.0k shares
WIPRO LTD WIT WIT 40,639 $86.2k40.6k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

CompanyTickerStakeChange ScheduleLast filed
FS CREDIT OPPORTUNITIES CORP FSCO · 13G · filed 2026-03-06 FSCO 32.5% +6.2 pts 13G 2026-03-06
TORTOISE ENERGY INFRA CORP TYG · 13G · filed 2025-09-08 TYG 14.3% new 13G 2025-09-08