MARSHALL WACE, LLP

LONDON, X0 · CIK 1318757 · 13F filing filed 2026-08-13

Exempt reporting adviser since 2012 · limited liability partnership

Private funds77 (74 hedge) · $316.3bn gross assets
Websitemwam.com
Form ADV · 2026-05-29SEC adviser record

Legal entityMARSHALL WACE LLP (GB)

$118.5bn reported value +26.9% vs Q1 2026

2,719positions

40.3%in top 10

687 new 969 added 1,029 reduced 649 sold out vs Q1 2026

Options: 188 call positions ($2.2bn notional), 196 put positions ($6.0bn notional) – listed below, not included above.

This report includes the holdings of 4 other managers that share the investment decisions:

MARSHALL WACE ASIA Ltd – reports through this filing
MARSHALL WACE SINGAPORE PTE LTD – reports through this filing
Marshall Wace Middle East Ltd – reports through this filing
Marshall Wace North America L.P. – reports through this filing

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).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE S&P500 ETF IVV	IVV	39,828,525	$29.8bn25.17%	25.17%	Added +13.5m	+13,546,592 51.5%
2	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	46,869,324	$4.1bn3.48%	3.48%	Reduced -2.8m	-2,780,922 -5.6%
3	APPLE INC COM AAPL	AAPL	9,084,303	$2.6bn2.22%	2.22%	Added +701.2k	+701,204 8.4%
4	AMAZON COM INC COM AMZN	AMZN	9,514,151	$2.3bn1.91%	1.91%	Added +661.4k	+661,356 7.5%
5	ADVANCED MICRO DEVICES INC COM AMD	AMD	3,898,210	$2.3bn1.91%	1.91%	Added +106.2k	+106,224 2.8%
6	NVIDIA CORPORATION COM NVDA	NVDA	8,637,159	$1.7bn1.46%	1.46%	Reduced -5.0m	-5,026,180 -36.8%
7	MICRON TECHNOLOGY INC COM MU	MU	1,348,718	$1.6bn1.31%	1.31%	Added +447.3k	+447,282 49.6%
8	MICROSOFT CORP COM MSFT	MSFT	3,340,231	$1.2bn1.05%	1.05%	Reduced -30.2k	-30,167 -0.9%
9	COSTCO WHSL CORP NEW COM COST	COST	1,174,466	$1.1bn0.93%	0.93%	Added +910.7k	+910,725 345.3%
10	MORGAN STANLEY COM NEW MS	MS	4,648,847	$971.8m0.82%	0.82%	Added +451.6k	+451,578 10.8%
11	TESLA INC COM TSLA	TSLA	2,188,456	$920.4m0.78%	0.78%	Added +100.8k	+100,787 4.8%
12	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,810,476	$864.6m0.73%	0.73%	Reduced -429.7k	-429,681 -19.2%
13	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,210,932	$790.1m0.67%	0.67%	Reduced -955.2k	-955,151 -30.2%
14	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	2,319,322	$766.4m0.65%	0.65%	Reduced -203.5k	-203,453 -8.1%
15	UNITEDHEALTH GROUP INC COM UNH	UNH	1,833,046	$761.9m0.64%	0.64%	Added +422.7k	+422,712 30.0%
16	JOHNSON & JOHNSON COM JNJ	JNJ	2,989,537	$759.3m0.64%	0.64%	Added +611.7k	+611,715 25.7%
17	ABBVIE INC COM ABBV	ABBV	2,990,512	$752.5m0.64%	0.64%	Added +3.0m	+2,989,451 281757.9%
18	BANK AMERICA CORP COM BAC	BAC	12,483,467	$711.3m0.60%	0.60%	Added +10.7m	+10,652,635 581.9%
19	COCA COLA CO COM KO	KO	8,240,650	$669.7m0.57%	0.57%	Added +2.6m	+2,646,611 47.3%
20	JPMORGAN CHASE & CO COM JPM	JPM	1,978,070	$647.5m0.55%	0.55%	Added +2.0m	+1,960,990 11481.2%
21	ABBOTT LABS COM ABT	ABT	5,542,438	$502.9m0.42%	0.42%	Added +3.5m	+3,531,500 175.6%
22	META PLATFORMS INC CL A META	META	891,552	$502.2m0.42%	0.42%	Reduced -76.5k	-76,516 -7.9%
23	CME GROUP INC COM CME	CME	2,241,304	$494.9m0.42%	0.42%	Added +1.4m	+1,437,086 178.7%
24	BLOOM ENERGY CORP COM CL A BE	BE	1,618,954	$490.1m0.41%	0.41%	Added +587.3k	+587,318 56.9%
25	AMERICAN EXPRESS CO COM AXP	AXP	1,429,163	$483.4m0.41%	0.41%	Added +1.3m	+1,303,120 1033.9%
26	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	1,702,963	$478.9m0.40%	0.40%	Added +1.4m	+1,414,891 491.2%
27	TEXAS INSTRS INC COM TXN	TXN	1,602,959	$477.8m0.40%	0.40%	Added +1.5m	+1,457,837 1004.6%
28	SANDISK CORP COM SNDK	SNDK	209,217	$475.7m0.40%	0.40%	Reduced -355.4k	-355,369 -62.9%
29	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	2,001,407	$475.0m0.40%	0.40%	Added +1.2m	+1,186,710 145.7%
30	QUALCOMM INC COM QCOM	QCOM	2,481,985	$458.7m0.39%	0.39%	Added +2.5m	+2,457,786 10156.6%
31	BROADCOM INC COM AVGO	AVGO	1,181,899	$446.5m0.38%	0.38%	Reduced -1.3m	-1,281,451 -52.0%
32	NOKIA CORP SPONSORED ADR NOK	NOK	33,023,225	$438.5m0.37%	0.37%	Added +23.0m	+23,049,146 231.1%
33	EXXON MOBIL CORP COM XOM	XOM	3,142,185	$429.6m0.36%	0.36%	Added +2.9m	+2,867,185 1042.6%
34	MONSTER BEVERAGE CORP NEW COM MNST	MNST	4,396,238	$422.6m0.36%	0.36%	Added +3.4m	+3,358,305 323.6%
35	CHEVRON CORP NEW COM CVX	CVX	2,535,368	$420.3m0.35%	0.35%	Reduced -1.6m	-1,639,293 -39.3%
36	CISCO SYS INC COM CSCO	CSCO	3,565,600	$418.8m0.35%	0.35%	Added +3.2m	+3,162,098 783.7%
37	APPLIED MATLS INC COM AMAT	AMAT	579,156	$418.7m0.35%	0.35%	Reduced -539.1k	-539,136 -48.2%
38	ELI LILLY & CO COM LLY	LLY	334,637	$401.4m0.34%	0.34%	Reduced -241.5k	-241,537 -41.9%
39	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	1,771,511	$396.7m0.33%	0.33%	Added +1.3m	+1,298,807 274.8%
40	UBER TECHNOLOGIES INC COM UBER	UBER	5,444,577	$392.9m0.33%	0.33%	Added +3.2m	+3,213,939 144.1%
41	CORNING INC COM GLW	GLW	1,512,374	$386.3m0.33%	0.33%	Reduced -322.8k	-322,781 -17.6%
42	GLOBALFOUNDRIES INC ORDINARY SHARES GFS	GFS	4,581,796	$377.6m0.32%	0.32%	Reduced -469.9k	-469,852 -9.3%
43	UNITED PARCEL SERVICE INC CL B UPS	UPS	3,446,393	$370.5m0.31%	0.31%	Added +2.3m	+2,316,549 205.0%
44	ALTRIA GROUP INC COM MO	MO	5,006,159	$360.2m0.30%	0.30%	Added +1.5m	+1,517,876 43.5%
45	PARKER-HANNIFIN CORP COM PH	PH	367,300	$359.3m0.30%	0.30%	Added +351.8k	+351,784 2267.2%
46	T-MOBILE US INC COM TMUS	TMUS	2,120,218	$355.6m0.30%	0.30%	Reduced -249.3k	-249,290 -10.5%
47	INTEL CORP COM INTC	INTC	2,493,502	$348.2m0.29%	0.29%	Reduced -4.8m	-4,761,622 -65.6%
48	ROBINHOOD MKTS INC COM CL A HOOD	HOOD	3,429,659	$343.9m0.29%	0.29%	Added +2.5m	+2,508,086 272.1%
49	CASEYS GEN STORES INC COM CASY	CASY	426,104	$338.7m0.29%	0.29%	Reduced -4.2k	-4,246 -1.0%
50	SALESFORCE INC COM CRM	CRM	2,057,457	$322.3m0.27%	0.27%	Added +1.5m	+1,478,610 255.4%
51	VERTIV HOLDINGS CO COM CL A VRT	VRT	950,002	$318.1m0.27%	0.27%	Added +908.8k	+908,848 2208.4%
52	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	2,609,060	$304.4m0.26%	0.26%	Reduced -348.3k	-348,312 -11.8%
53	TAPESTRY INC COM TPR	TPR	2,052,129	$300.4m0.25%	0.25%	Added +415.0k	+415,004 25.4%
54	WALMART INC COM WMT	WMT	2,627,039	$297.5m0.25%	0.25%	Added +509.4k	+509,383 24.1%
55	CITIGROUP INC COM NEW C	C	2,122,218	$297.0m0.25%	0.25%	Added +1.6m	+1,595,118 302.6%
56	NEXTERA ENERGY INC COM NEE	NEE	3,371,772	$295.9m0.25%	0.25%	Added +2.6m	+2,621,272 349.3%
57	ANALOG DEVICES INC COM ADI	ADI	743,270	$295.2m0.25%	0.25%	Reduced -195.5k	-195,544 -20.8%
58	LUMENTUM HLDGS INC COM LITE	LITE	338,491	$290.4m0.25%	0.25%	Added +38.8k	+38,822 12.9%
59	FIVE BELOW INC COM FIVE	FIVE	1,537,377	$276.4m0.23%	0.23%	Added +203.5k	+203,460 15.2%
60	LPL FINL HLDGS INC COM LPLA	LPLA	975,627	$274.8m0.23%	0.23%	New
61	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	543,897	$270.2m0.23%	0.23%	Added +226.8k	+226,839 71.5%
62	SEA LTD SPONSORD ADS SE	SE	2,781,666	$266.6m0.22%	0.22%	Added +309.3k	+309,264 12.5%
63	LINDE PLC SHS LIN	LIN	508,958	$264.1m0.22%	0.22%	Added +278.1k	+278,063 120.4%
64	CLOUDFLARE INC CL A COM NET	NET	1,065,580	$261.4m0.22%	0.22%	Added +79.0k	+78,973 8.0%
65	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	130,266	$259.2m0.22%	0.22%	Reduced -90.3k	-90,307 -40.9%
66	WESTERN DIGITAL CORP COM WDC	WDC	400,306	$255.7m0.22%	0.22%	Reduced -531.0k	-531,017 -57.0%
67	NETFLIX INC COM NFLX	NFLX	3,575,603	$255.3m0.22%	0.22%	Added +225.0k	+225,005 6.7%
68	REDDIT INC CL A RDDT	RDDT	1,457,561	$253.0m0.21%	0.21%	Reduced -1.0m	-1,036,713 -41.6%
69	PROLOGIS INC. COM PLD	PLD	1,756,306	$237.9m0.20%	0.20%	Added +997.6k	+997,554 131.5%
70	SNOWFLAKE INC CL A SNOW	SNOW	912,838	$232.3m0.20%	0.20%	Added +903.2k	+903,219 9390.0%
71	ALPHABET INC CAP STK CL C GOOG	GOOG	650,357	$229.8m0.19%	0.19%	Reduced -1.3m	-1,315,922 -66.9%
72	RTX CORPORATION COM RTX	RTX	1,199,165	$227.5m0.19%	0.19%	Added +471.9k	+471,941 64.9%
73	NORFOLK SOUTHN CORP COM NSC	NSC	711,526	$223.8m0.19%	0.19%	Added +68.0k	+68,013 10.6%
74	FREEPORT-MCMORAN INC CL B FCX	FCX	3,548,060	$223.1m0.19%	0.19%	Added +2.1m	+2,053,928 137.5%
75	AMERICAN TOWER CORP NEW COM AMT	AMT	1,343,001	$219.7m0.19%	0.19%	Added +591.7k	+591,747 78.8%
76	WATERS CORP COM WAT	WAT	581,332	$218.0m0.18%	0.18%	Added +354.4k	+354,446 156.2%
77	HUMANA INC COM HUM	HUM	545,978	$216.9m0.18%	0.18%	New
78	SOFI TECHNOLOGIES INC COM SOFI	SOFI	11,697,405	$209.7m0.18%	0.18%	Added +5.2m	+5,177,721 79.4%
79	DOORDASH INC CL A DASH	DASH	1,100,803	$203.1m0.17%	0.17%	Reduced -112.3k	-112,310 -9.3%
80	TOWER SEMICONDUCTOR LTD SHS NEW TSEM	TSEM	778,218	$202.8m0.17%	0.17%	Added +354.2k	+354,221 83.5%
81	MARRIOTT INTL INC NEW CL A MAR	MAR	546,138	$202.4m0.17%	0.17%	Reduced -488.1k	-488,134 -47.2%
82	BRITISH AMERN TOB PLC SPONSORED ADR BTI	BTI	3,270,886	$202.0m0.17%	0.17%	Reduced -37.1k	-37,110 -1.1%
83	COPART INC COM CPRT	CPRT	7,158,187	$201.8m0.17%	0.17%	Added +5.8m	+5,823,599 436.4%
84	3M CO COM MMM	MMM	1,224,555	$198.3m0.17%	0.17%	Added +163.5k	+163,533 15.4%
85	LOWES COS INC COM LOW	LOW	890,746	$196.4m0.17%	0.17%	Added +393.5k	+393,516 79.1%
86	REPUBLIC SVCS INC COM RSG	RSG	919,625	$196.0m0.17%	0.17%	New
87	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	390,170	$195.2m0.16%	0.16%	Reduced -32.5k	-32,504 -7.7%
88	AMER SPORTS INC COM SHS AS	AS	5,764,535	$195.1m0.16%	0.16%	Added +837.0k	+836,980 17.0%
89	CAPITAL ONE FINL CORP COM COF	COF	969,079	$194.4m0.16%	0.16%	Reduced -583.4k	-583,402 -37.6%
90	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	1,633,517	$186.5m0.16%	0.16%	Reduced -908.4k	-908,369 -35.7%
91	PEPSICO INC COM PEP	PEP	1,368,975	$185.4m0.16%	0.16%	Added +1.1m	+1,098,305 405.8%
92	FOX CORP CL A COM FOXA	FOXA	3,525,505	$183.9m0.16%	0.16%	Added +3.5m	+3,476,616 7111.2%
93	BRIGHTSPRING HEALTH SVCS INC COM BTSG	BTSG	2,636,177	$183.8m0.16%	0.16%	Reduced -18.2k	-18,181 -0.7%
94	PHILLIPS 66 COM PSX	PSX	1,086,732	$183.7m0.16%	0.16%	Added +314.7k	+314,719 40.8%
95	INGERSOLL RAND INC COM IR	IR	2,221,079	$182.1m0.15%	0.15%	Added +1.6m	+1,569,931 241.1%
96	CIRCLE INTERNET GROUP INC COM CL A CRCL	CRCL	2,901,146	$181.7m0.15%	0.15%	Reduced -2.9m	-2,899,204 -50.0%
97	AIR PRODS & CHEMS INC COM APD	APD	618,709	$181.4m0.15%	0.15%	Added +255.2k	+255,198 70.2%
98	MARVELL TECHNOLOGY INC COM MRVL	MRVL	605,363	$180.3m0.15%	0.15%	Reduced -2.5m	-2,489,952 -80.4%
99	AIRBNB INC COM CL A ABNB	ABNB	1,244,013	$178.0m0.15%	0.15%	Reduced -1.8m	-1,789,718 -59.0%
100	MARSH & MCLENNAN COS INC COM MRSH	MRSH	1,043,399	$173.9m0.15%	0.15%	Added +438.3k	+438,346 72.5%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
MERCK & CO INC MRK	MRK	2,778,301	$334.2m2.8m shares
SEMPRA SRE	SRE	1,358,767	$132.0m1.4m shares
INSULET CORP PODD	PODD	606,482	$127.3m606.5k shares
ROCKET LAB CORP RKLB	RKLB	1,881,363	$120.8m1.9m shares
KIMBERLY-CLARK CORP KMB	KMB	1,182,430	$114.1m1.2m shares
SELECT SECTOR SPDR TR XLB	XLB	2,146,422	$107.3m2.1m shares
JABIL INC JBL	JBL	318,819	$84.7m318.8k shares
CHEWY INC CHWY	CHWY	3,107,696	$83.9m3.1m shares
WILLIAMS COS INC WMB	WMB	1,031,972	$75.1m1.0m shares
MILLICOM INTL CELLULAR S A TIGO	TIGO	924,111	$69.3m924.1k shares
CELANESE CORP DEL CE	CE	1,042,812	$68.6m1.0m shares
HEICO CORP NEW HEI	HEI	239,052	$65.5m239.1k shares
GE AEROSPACE GE	GE	230,409	$65.4m230.4k shares
MCKESSON CORP MCK	MCK	74,488	$64.5m74.5k shares
US BANCORP DEL USB	USB	1,201,323	$62.5m1.2m shares
M & T BK CORP MTB	MTB	301,645	$62.4m301.6k shares
INVESCO QQQ TR QQQ	QQQ	107,521	$62.1m107.5k shares
TERNS PHARMACEUTICALS INC		927,600	$48.9m927.6k shares
EATON CORP PLC ETN	ETN	134,106	$48.0m134.1k shares
HONEYWELL INTL INC		104,900	$47.4m104.9k shares
OTIS WORLDWIDE CORP OTIS	OTIS	607,939	$46.9m607.9k shares
CONSOLIDATED EDISON INC ED	ED	409,262	$46.3m409.3k shares
AMERICAN WTR WKS CO INC NEW AWK	AWK	320,317	$43.6m320.3k shares
PAN AMERN SILVER CORP PAAS	PAAS	781,342	$42.7m781.3k shares
PROGRESSIVE CORP PGR	PGR	215,221	$42.7m215.2k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
VANECK ETF TRUST SMH · Put	SMH	Put	773,800	$507.5m773.8k shares	Added
ISHARES TR SOXX · Put	SOXX	Put	465,800	$298.5m465.8k shares	New
ISHARES SILVER TR SLV · Put	SLV	Put	5,421,900	$289.9m5.4m shares	Reduced
MICROSOFT CORP MSFT · Put	MSFT	Put	713,700	$266.2m713.7k shares	Added
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	353,500	$264.0m353.5k shares	Added
INVESCO QQQ TR QQQ · Put	QQQ	Put	323,100	$237.9m323.1k shares	Added
INVESCO QQQ TR QQQ · Call	QQQ	Call	295,700	$217.8m295.7k shares	Reduced
MICRON TECHNOLOGY INC MU · Put	MU	Put	172,900	$199.6m172.9k shares	Added
ISHARES TR SOXX · Call	SOXX	Call	293,500	$188.1m293.5k shares	New
SPDR S&P 500 ETF TR SPY · Call	SPY	Call	233,300	$174.2m233.3k shares	Added
ISHARES INC EWY · Call	EWY	Call	855,700	$172.8m855.7k shares	Reduced
TAIWAN SEMICONDUCTOR MFG LTD TSM · Put	TSM	Put	353,000	$168.6m353.0k shares	Added
BROADCOM INC AVGO · Put	AVGO	Put	407,600	$154.0m407.6k shares	Added
VANECK ETF TRUST SMH · Call	SMH	Call	233,500	$153.2m233.5k shares	Added
BOOKING HOLDINGS INC BKNG · Put	BKNG	Put	828,900	$147.7m828.9k shares	Added
NIKE INC NKE · Put	NKE	Put	3,293,000	$135.2m3.3m shares	Added
ISHARES TR IVV · Call	IVV	Call	180,000	$134.8m180.0k shares	New
ISHARES INC EWY · Put	EWY	Put	628,700	$126.9m628.7k shares	Reduced
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	190,000	$110.4m190.0k shares	Reduced
CADENCE DESIGN SYSTEM INC CDNS · Put	CDNS	Put	260,000	$97.6m260.0k shares	New
SELECT SECTOR SPDR TR XLF · Put	XLF	Put	1,721,100	$92.3m1.7m shares	Added
NETFLIX INC NFLX · Put	NFLX	Put	1,269,200	$90.6m1.3m shares	Reduced
VIASAT INC VSAT · Put	VSAT	Put	1,006,000	$90.3m1.0m shares	New
INTEL CORP INTC · Put	INTC	Put	643,600	$89.9m643.6k shares	Reduced
MICROCHIP TECHNOLOGY INC. MCHP · Put	MCHP	Put	975,000	$88.9m975.0k shares	Added

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.

Company	Ticker	Stake	Change	Schedule	Last filed
INSPIREMD INC NSPR · 13G · filed 2025-11-14	NSPR	10.0%≈ $19.7m		13G	2025-11-14