PAYDEN & RYGEL

LOS ANGELES, CA · CIK 919219 · 13F filing filed 2026-07-31

SEC-registered investment adviser since 1983 · corporation

Assets managed$158.2bn
Staff194 · 122 in investment roles
Main clients (by assets)State and local governments 25%, Pension plans 17%, Companies 16%
Private funds3 · $683.6m gross assets
Websitepayden.com
Form ADV · 2026-07-15SEC adviser record

Legal entityPAYDEN & RYGEL (US)

Kindstructured credit, institutions, futures
Others nearbyLos Angeles, CA, Boston, MA
FamilyPAYDEN & RYGEL · 2 related pages

As an employer

Offices in1 country
Private fundsliquidity 2, securitized asset 1

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Los Angeles, CA (main office)United States	United States	about 111
Boston, MAUnited States	United States	11

US visa salary filings

Filings FY2024–20266
Median salary offered$101,250
Middle half$100,000 – $119,375
Job titles5

Job title	Filings	Median	Range
Data Strategy AnalystLos Angeles, CA	2	$112,500	$100,000 – $125,000
EconomistLos Angeles, CA	1	$175,000
Technology DeveloperLos Angeles, CA	1	$102,500
Corporate Actions SpecialistLos Angeles, CA	1	$100,000
Derivatives Operations AnalystLos Angeles, CA	1	$82,400

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Payden & Rygel.

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$1.3bn reported value +1.4% vs Q1 2026

131positions

29.0%in top 10

28 new 53 added 12 reduced 10 sold out vs Q1 2026

Holdings, Q2 2026

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

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR GOLD TR GOLD SHS GLD	GLD	131,000	$48.3m3.70%	3.70%	Added +1.7k	+1,700 1.3%
2	APPLE INC COM AAPL	AAPL	138,310	$40.0m3.07%	3.07%	Added +101.5k	+101,510 275.8%
3	JPMORGAN CHASE & CO COM JPM	JPM	121,650	$39.8m3.06%	3.06%	Added +1.8k	+1,800 1.5%
4	VANECK ETF TRUST JP MRGAN EM LOC EMLC	EMLC	1,547,458	$39.6m3.04%	3.04%	Reduced -744.6k	-744,644 -32.5%
5	AMAZON COM INC COM AMZN	AMZN	163,980	$39.1m3.00%	3.00%	Added +29.4k	+29,380 21.8%
6	ALPHABET INC CAP STK CL A GOOGL	GOOGL	105,400	$37.7m2.89%	2.89%	Reduced -41.9k	-41,900 -28.4%
7	MICROSOFT CORP COM MSFT	MSFT	91,850	$34.3m2.63%	2.63%	Added +28.4k	+28,420 44.8%
8	MORGAN STANLEY COM NEW MS	MS	161,100	$33.7m2.58%	2.58%	Reduced -400	-400 -0.2%
9	CISCO SYS INC COM CSCO	CSCO	285,476	$33.5m2.57%	2.57%	Added +1.9k	+1,946 0.7%
10	CORNING INC COM GLW	GLW	124,800	$31.9m2.45%	2.45%	Reduced -2.1k	-2,100 -1.6%
11	ANALOG DEVICES INC COM ADI	ADI	68,300	$27.1m2.08%	2.08%	Added +2.3k	+2,300 3.5%
12	MERCK & CO INC COM MRK	MRK	200,960	$25.8m1.98%	1.98%	Added +2.9k	+2,860 1.4%
13	DUKE ENERGY CORP NEW COM NEW DUK	DUK	193,110	$24.4m1.88%	1.88%	Added +3.4k	+3,420 1.8%
14	NVIDIA CORPORATION COM NVDA	NVDA	114,040	$22.8m1.75%	1.75%	Added +40.0k	+40,000 54.0%
15	CVS HEALTH CORP COM CVS	CVS	218,700	$22.6m1.74%	1.74%	Added +5.6k	+5,600 2.6%
16	GE AEROSPACE COM NEW GE	GE	60,125	$22.5m1.72%	1.72%	Added +625	+625 1.1%
17	RTX CORPORATION COM RTX	RTX	114,000	$21.6m1.66%	1.66%	Added +2.7k	+2,700 2.4%
18	DOMINION ENERGY INC COM D	D	313,800	$21.4m1.64%	1.64%	Unchanged
19	CHEVRON CORP NEW COM CVX	CVX	128,500	$21.3m1.63%	1.63%	Added +23.9k	+23,900 22.9%
20	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	75,500	$21.2m1.63%	1.63%	Reduced -14.6k	-14,600 -16.2%
21	TJX COS INC NEW COM TJX	TJX	135,700	$20.6m1.58%	1.58%	Unchanged
22	QUEST DIAGNOSTICS INC COM DGX	DGX	92,740	$19.7m1.51%	1.51%	Added +16.1k	+16,140 21.1%
23	ENERGY TRANSFER L P COM UT LTD PTN ET	ET	1,012,090	$19.4m1.49%	1.49%	Unchanged
24	BANK AMERICA CORP COM BAC	BAC	328,100	$18.7m1.43%	1.43%	Added +8.0k	+8,000 2.5%
25	SIMON PPTY GROUP INC NEW COM SPG	SPG	83,110	$18.6m1.43%	1.43%	Added +6.1k	+6,060 7.9%
26	ABBVIE INC COM ABBV	ABBV	73,250	$18.4m1.41%	1.41%	Added +520	+520 0.7%
27	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	25,632	$17.6m1.35%	1.35%	Reduced -1.6k	-1,575 -5.8%
28	ELI LILLY & CO COM LLY	LLY	14,670	$17.6m1.35%	1.35%	Added +5.8k	+5,750 64.5%
29	CUMMINS INC COM CMI	CMI	24,520	$17.5m1.34%	1.34%	Added +520	+520 2.2%
30	BROADCOM INC COM AVGO	AVGO	45,652	$17.2m1.32%	1.32%	Added +1.4k	+1,440 3.3%
31	WALMART INC COM WMT	WMT	151,860	$17.2m1.32%	1.32%	Added +3.6k	+3,560 2.4%
32	CRH PLC ORD CRH	CRH	159,900	$17.1m1.31%	1.31%	Unchanged
33	VALERO ENERGY CORP COM VLO	VLO	65,600	$17.1m1.31%	1.31%	Unchanged
34	JOHNSON & JOHNSON COM JNJ	JNJ	64,900	$16.5m1.27%	1.27%	Added +3.5k	+3,500 5.7%
35	GILEAD SCIENCES INC COM GILD	GILD	126,560	$16.0m1.23%	1.23%	Added +35.3k	+35,280 38.6%
36	ITT INC COM ITT	ITT	80,800	$16.0m1.23%	1.23%	Unchanged
37	MCKESSON CORP COM MCK	MCK	20,440	$15.4m1.19%	1.19%	Added +3.5k	+3,540 20.9%
38	AMETEK INC COM AME	AME	63,500	$15.4m1.18%	1.18%	Added +500	+500 0.8%
39	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	417,070	$15.3m1.18%	1.18%	Unchanged
40	EATON CORP PLC SHS ETN	ETN	35,880	$15.3m1.17%	1.17%	Added +680	+680 1.9%
41	PROLOGIS INC. COM PLD	PLD	112,600	$15.3m1.17%	1.17%	Added +2.3k	+2,300 2.1%
42	TEXAS INSTRS INC COM TXN	TXN	50,100	$14.9m1.15%	1.15%	Added +2.0k	+2,000 4.2%
43	FIFTH THIRD BANCORP COM FITB	FITB	248,700	$14.0m1.08%	1.08%	Added +49.3k	+49,300 24.7%
44	VENTAS INC COM VTR	VTR	154,140	$13.7m1.05%	1.05%	New
45	JOHNSON CTLS INTL PLC SHS JCI	JCI	93,300	$13.6m1.05%	1.05%	Unchanged
46	GALLAGHER ARTHUR J & CO COM AJG	AJG	58,660	$13.5m1.03%	1.03%	New
47	VISA INC COM CL A V	V	39,200	$13.4m1.03%	1.03%	Unchanged
48	AMERICAN EXPRESS CO COM AXP	AXP	39,600	$13.4m1.03%	1.03%	Added +7.8k	+7,800 24.5%
49	EXELON CORP COM EXC	EXC	287,310	$13.4m1.03%	1.03%	Unchanged
50	META PLATFORMS INC CL A META	META	23,410	$13.2m1.01%	1.01%	Added +300	+300 1.3%
51	VERIZON COMMUNICATIONS INC COM VZ	VZ	302,530	$12.8m0.98%	0.98%	Added +5.3k	+5,340 1.8%
52	PNC FINL SVCS GROUP INC COM PNC	PNC	50,240	$12.4m0.95%	0.95%	Added +23.9k	+23,940 91.0%
53	NUCOR CORP COM NUE	NUE	54,600	$12.2m0.93%	0.93%	Added +1.1k	+1,100 2.1%
54	BLACKROCK INC COM BLK	BLK	11,525	$11.1m0.85%	0.85%	Added +25	+25 0.2%
55	HEWLETT PACKARD ENTERPRISE C COM HPE	HPE	234,400	$10.6m0.81%	0.81%	New
56	MCDONALDS CORP COM MCD	MCD	38,300	$10.4m0.79%	0.79%	Reduced -3.6k	-3,600 -8.6%
57	COSTCO WHSL CORP NEW COM COST	COST	9,960	$9.3m0.72%	0.72%	Added +9.1k	+9,060 1006.7%
58	WASTE MGMT INC DEL COM WM	WM	40,840	$9.1m0.70%	0.70%	Added +39.6k	+39,640 3303.3%
59	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	26,940	$8.9m0.68%	0.68%	Added +9.4k	+9,440 53.9%
60	TARGET CORP COM TGT	TGT	66,900	$8.7m0.67%	0.67%	Unchanged
61	PROCTER AND GAMBLE CO COM PG	PG	56,700	$8.3m0.64%	0.64%	Added +1.8k	+1,800 3.3%
62	HONEYWELL INTL INC COM COM		36,300	$8.1m0.62%	0.62%	Added +18.6k	+18,650 105.7%
63	METLIFE INC COM MET	MET	95,700	$8.1m0.62%	0.62%	Unchanged
64	ANNALY CAPITAL MANAGEMENT IN COM NEW NLY	NLY	361,100	$8.1m0.62%	0.62%	Unchanged
65	SPDR SERIES TRUST ST POR TREAS ETF SPTB	SPTB	261,000	$7.8m0.60%	0.60%	Unchanged
66	PFIZER INC COM PFE	PFE	311,580	$7.5m0.58%	0.58%	Added +2.0k	+2,000 0.7%
67	COCA COLA CO COM KO	KO	90,410	$7.3m0.56%	0.56%	Added +70.8k	+70,800 361.0%
68	PARKER-HANNIFIN CORP COM PH	PH	6,880	$6.7m0.52%	0.52%	New
69	WABTEC COM WAB	WAB	24,180	$6.5m0.50%	0.50%	Added +980	+980 4.2%
70	ARES CAPITAL CORP COM ARCC	ARCC	275,660	$5.1m0.39%	0.39%	Added +274.5k	+274,500 23663.8%
71	QUALCOMM INC COM QCOM	QCOM	14,420	$2.7m0.20%	0.20%	Added +11.2k	+11,220 350.6%
72	WILLIAMS COS INC COM WMB	WMB	31,660	$2.4m0.18%	0.18%	Unchanged
73	ISHARES TR ESG AWRE 1 5 YR SUSB	SUSB	88,579	$2.2m0.17%	0.17%	Unchanged
74	GOLDMAN SACHS GROUP INC COM GS	GS	1,760	$1.8m0.14%	0.14%	Added +500	+500 39.7%
75	CBOE GLOBAL MKTS INC COM CBOE	CBOE	5,340	$1.3m0.10%	0.10%	New
76	APPLIED MATLS INC COM AMAT	AMAT	1,600	$1.2m0.09%	0.09%	Unchanged
77	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,428	$1.1m0.08%	0.08%	New
78	NETFLIX INC COM NFLX	NFLX	14,800	$1.1m0.08%	0.08%	Unchanged
79	ISHARES TR ESG AWRE USD ETF SUSC	SUSC	35,557	$823.0k0.06%	0.06%	Unchanged
80	AMERICAN ELEC PWR CO INC COM AEP	AEP	5,820	$796.0k0.06%	0.06%	Added +3.3k	+3,320 132.8%
81	EXXON MOBIL CORP COM XOM	XOM	5,700	$779.0k0.06%	0.06%	Added +2.0k	+2,000 54.0%
82	EMERSON ELEC CO COM EMR	EMR	5,420	$776.0k0.06%	0.06%	Added +1.9k	+1,920 54.9%
83	ALPHABET INC CAP STK CL C GOOG	GOOG	2,000	$707.0k0.05%	0.05%	New
84	AMGEN INC COM AMGN	AMGN	1,800	$652.0k0.05%	0.05%	New
85	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,300	$651.0k0.05%	0.05%	New
86	TRUIST FINL CORP COM TFC	TFC	12,800	$638.0k0.05%	0.05%	Unchanged
87	HOME DEPOT INC COM HD	HD	1,770	$624.0k0.05%	0.05%	Unchanged
88	DOVER CORP COM DOV	DOV	2,680	$601.0k0.05%	0.05%	Unchanged
89	ORACLE CORP COM ORCL	ORCL	3,890	$570.0k0.04%	0.04%	Unchanged
90	UNION PAC CORP COM UNP	UNP	2,000	$544.0k0.04%	0.04%	New
91	LOCKHEED MARTIN CORP COM LMT	LMT	1,040	$530.0k0.04%	0.04%	Added +300	+300 40.5%
92	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	4,800	$438.0k0.03%	0.03%	Unchanged
93	REPUBLIC SVCS INC COM RSG	RSG	1,800	$384.0k0.03%	0.03%	Unchanged
94	DANAHER CORPORATION COM DHR	DHR	2,000	$381.0k0.03%	0.03%	Unchanged
95	AMERIPRISE FINL INC COM AMP	AMP	800	$367.0k0.03%	0.03%	Reduced -300	-300 -27.3%
96	STARBUCKS CORP COM SBUX	SBUX	3,360	$343.0k0.03%	0.03%	New
97	DISNEY WALT CO COM DIS	DIS	3,530	$340.0k0.03%	0.03%	Added +1.5k	+1,500 73.9%
98	WELLS FARGO CO NEW COM WFC	WFC	4,100	$339.0k0.03%	0.03%	New
99	GE VERNOVA INC COM GEV	GEV	280	$329.0k0.03%	0.03%	New
100	PEPSICO INC COM PEP	PEP	2,380	$322.0k0.02%	0.02%	Reduced -71.0k	-71,020 -96.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ISHARES TR EMB	EMB	917,273	$86.2m917.3k shares
ISHARES TR LQD	LQD	347,496	$37.9m347.5k shares
CORTEVA INC CTVA	CTVA	188,390	$15.8m188.4k shares
NASDAQ INC NDAQ	NDAQ	133,500	$11.3m133.5k shares
STRYKER CORPORATION SYK	SYK	31,100	$10.2m31.1k shares
THERMO FISHER SCIENTIFIC INC TMO	TMO	16,400	$8.1m16.4k shares
ISHARES TR USHY	USHY	199,187	$7.3m199.2k shares
AMERICAN TOWER CORP NEW AMT	AMT	33,400	$5.8m33.4k shares
NEWMONT CORP NEM	NEM	50,600	$5.5m50.6k shares
DEERE & CO DE	DE	900	$507.0k900 shares