BlackRock, Inc.

New York, NY · CIK 2012383 · 13F filing filed 2026-08-07

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityBlackRock, Inc. (US)

Other 13F filers in this group: Aperio Group, LLC files a notice, BLACKROCK (SINGAPORE) LTD. files a notice, BLACKROCK ADVISORS LLC files a notice, BlackRock (Luxembourg) S.A. files a notice, BlackRock (Netherlands) B.V. files a notice, BlackRock Asset Management Deutschland AG files a notice, BlackRock Asset Management North Asia Ltd files a notice, BlackRock Asset Management Schweiz AG files a notice, BlackRock Capital Investment Advisors, LLC files a notice, BlackRock Fund Advisors files a notice

8 more

BlackRock Investment Management (Taiwan) Ltd files a notice, BlackRock Investment Management, LLC files a notice, BlackRock Japan Co. Ltd files a notice, HPS Investment Partners, LLC files a notice, SpiderRock Advisors, LLC files a notice, TENNENBAUM CAPITAL PARTNERS LLC files a notice, BLACKROCK CAPITAL MANAGEMENT INC last filed Q2 2025, Global Energy & Power Infrastructure II Advisors, LLC last filed Q2 2025

$6.7tn reported value +17.8% vs Q1 2026

5,652positions

28.1%in top 10

310 new 3,575 added 1,277 reduced 264 sold out vs Q1 2026

Options: 39 call positions ($12.8bn notional), 5 put positions ($4.2bn notional) – listed below, not included above.

This report includes the holdings of 30 other managers that share the investment decisions:

Aperio Group, LLC – reports through this filing
BLACKROCK (SINGAPORE) LTD. – reports through this filing
BLACKROCK ADVISORS LLC – reports through this filing
BLACKROCK FINANCIAL MANAGEMENT INC/DE – reports through this filing
BLACKROCK FUND MANAGEMENT CO. S.A. – reports through this filing
BlackRock (Luxembourg) S.A. – reports through this filing
BlackRock (Netherlands) B.V. – reports through this filing
BlackRock Advisors (UK) Ltd – reports through this filing

22 more

BlackRock Asset Management Canada Ltd – reports through this filing
BlackRock Asset Management Deutschland AG – reports through this filing
BlackRock Asset Management Ireland Ltd – reports through this filing
BlackRock Asset Management North Asia Ltd – reports through this filing
BlackRock Asset Management Schweiz AG – reports through this filing
BlackRock Brasil Gestora de Investimentos Ltd. – reports through this filing
BlackRock Capital Investment Advisors, LLC – reports through this filing
BlackRock Fund Advisors – reports through this filing
BlackRock Fund Managers Ltd. – reports through this filing
BlackRock Group LTD – reports through this filing
BlackRock Institutional Trust Company, N.A. – reports through this filing
BlackRock International, Ltd. – reports through this filing
BlackRock Investment Management (Australia) Ltd – reports through this filing
BlackRock Investment Management (Taiwan) Ltd – reports through this filing
BlackRock Investment Management (UK) Ltd. – reports through this filing
BlackRock Investment Management, LLC – reports through this filing
BlackRock Japan Co. Ltd – reports through this filing
BlackRock Life Ltd – reports through this filing
HPS Investment Partners, LLC – reports through this filing
Ishares(DE) InvAG mit Teilgesellschaftsvermogen – reports through this filing
SpiderRock Advisors, LLC – reports through this filing
TENNENBAUM CAPITAL PARTNERS LLC – reports through this filing

Also in the report of:

CARY STREET PARTNERS INVESTMENT ADVISORY LLC – $2.3m of shares are in both reports
Russell Investments Group, Ltd. – $1.1m of shares are in both reports

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	NVIDIA CORPORATION COM NVDA	NVDA	1,941,918,386	$388.6bn5.79%	5.79%	Added +16.4m	+16,385,212 0.8%
2	APPLE INC COM AAPL	AAPL	1,162,996,939	$336.5bn5.01%	5.01%	Added +18.3m	+18,301,514 1.6%
3	MICROSOFT CORP COM MSFT	MSFT	607,367,113	$226.6bn3.38%	3.38%	Added +14.0m	+14,038,542 2.4%
4	AMAZON COM INC COM AMZN	AMZN	748,403,539	$178.4bn2.66%	2.66%	Added +12.8m	+12,838,547 1.8%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	460,972,803	$164.7bn2.45%	2.45%	Added +14.0m	+13,991,811 3.1%
6	BROADCOM INC COM AVGO	AVGO	398,213,826	$150.4bn2.24%	2.24%	Added +12.3m	+12,269,052 3.2%
7	ALPHABET INC CAP STK CL C GOOG	GOOG	369,922,502	$130.7bn1.95%	1.95%	Added +5.2m	+5,164,200 1.4%
8	MICRON TECHNOLOGY INC COM MU	MU	104,827,219	$121.0bn1.80%	1.80%	Added +1.7m	+1,679,633 1.6%
9	META PLATFORMS INC CL A META	META	173,396,976	$97.7bn1.46%	1.46%	Added +4.6m	+4,553,693 2.7%
10	TESLA INC COM TSLA	TSLA	214,123,129	$90.1bn1.34%	1.34%	Added +6.0m	+6,028,120 2.9%
11	ADVANCED MICRO DEVICES INC COM AMD	AMD	150,301,510	$87.3bn1.30%	1.30%	Added +4.7m	+4,727,226 3.2%
12	ELI LILLY & CO COM LLY	LLY	67,540,400	$81.0bn1.21%	1.21%	Added +1.2m	+1,159,558 1.8%
13	JPMORGAN CHASE & CO COM JPM	JPM	206,290,537	$67.5bn1.01%	1.01%	Reduced -1.9m	-1,929,756 -0.9%
14	ISHARES TR CORE S&P500 ETF IVV	IVV	87,920,842	$65.8bn0.98%	0.98%	Added +2.0m	+1,989,517 2.3%
15	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	121,183,112	$60.6bn0.90%	0.90%	Reduced -24.5k	-24,535 -0.0%
16	INTEL CORP COM INTC	INTC	426,478,962	$59.5bn0.89%	0.89%	Reduced -21.1m	-21,071,170 -4.7%
17	APPLIED MATLS INC COM AMAT	AMAT	80,212,518	$58.0bn0.86%	0.86%	Added +1.2m	+1,237,685 1.6%
18	LAM RESEARCH CORP COM NEW LRCX	LRCX	132,727,776	$57.5bn0.86%	0.86%	Reduced -124.5k	-124,544 -0.1%
19	JOHNSON & JOHNSON COM JNJ	JNJ	212,098,264	$53.9bn0.80%	0.80%	Reduced -1.3m	-1,287,282 -0.6%
20	VISA INC COM CL A V	V	137,669,061	$47.2bn0.70%	0.70%	Added +1.5m	+1,478,114 1.1%
21	EXXON MOBIL CORP COM XOM	XOM	334,746,496	$45.8bn0.68%	0.68%	Added +12.0m	+12,005,359 3.7%
22	CISCO SYS INC COM CSCO	CSCO	358,672,289	$42.1bn0.63%	0.63%	Reduced -6.4m	-6,387,586 -1.8%
23	CATERPILLAR INC COM CAT	CAT	37,991,505	$40.5bn0.60%	0.60%	Added +822.1k	+822,072 2.2%
24	WALMART INC COM WMT	WMT	354,196,208	$40.1bn0.60%	0.60%	Added +1.1m	+1,110,560 0.3%
25	KLA CORP COM NEW KLAC	KLAC	126,198,653	$38.1bn0.57%	0.57%	Added +236.6k	+236,583 0.2%
26	ABBVIE INC COM ABBV	ABBV	149,488,412	$37.6bn0.56%	0.56%	Reduced -1.2m	-1,209,713 -0.8%
27	MASTERCARD INCORPORATED CL A MA	MA	66,393,565	$34.1bn0.51%	0.51%	Reduced -618.4k	-618,423 -0.9%
28	GE AEROSPACE COM NEW GE	GE	89,158,626	$33.3bn0.50%	0.50%	Reduced -1.6m	-1,586,292 -1.8%
29	COSTCO WHSL CORP NEW COM COST	COST	34,202,834	$32.0bn0.48%	0.48%	Reduced -744.2k	-744,206 -2.1%
30	UNITEDHEALTH GROUP INC COM UNH	UNH	76,863,061	$31.9bn0.48%	0.48%	Added +3.4m	+3,395,530 4.6%
31	BANK AMERICA CORP COM BAC	BAC	545,683,702	$31.1bn0.46%	0.46%	Added +6.4m	+6,425,186 1.2%
32	MERCK & CO INC COM MRK	MRK	226,999,837	$29.2bn0.43%	0.43%	Added +1.2m	+1,169,507 0.5%
33	HOME DEPOT INC COM HD	HD	81,578,902	$28.8bn0.43%	0.43%	Added +2.9m	+2,917,865 3.7%
34	PROCTER AND GAMBLE CO COM PG	PG	190,003,442	$27.9bn0.42%	0.42%	Added +3.0m	+2,973,695 1.6%
35	COCA COLA CO COM KO	KO	322,740,471	$26.2bn0.39%	0.39%	Reduced -10.9m	-10,856,310 -3.2%
36	ISHARES TR CORE MSCI TOTAL IXUS	IXUS	274,117,987	$26.2bn0.39%	0.39%	Reduced -4.3m	-4,339,383 -1.6%
37	PALO ALTO NETWORKS INC COM PANW	PANW	75,753,509	$25.8bn0.38%	0.38%	Added +3.3m	+3,322,076 4.6%
38	CHEVRON CORP NEW COM CVX	CVX	154,824,622	$25.7bn0.38%	0.38%	Added +10.1m	+10,104,591 7.0%
39	GE VERNOVA INC COM GEV	GEV	21,763,980	$25.6bn0.38%	0.38%	Added +1.0m	+1,037,370 5.0%
40	MARVELL TECHNOLOGY INC COM MRVL	MRVL	85,641,174	$25.5bn0.38%	0.38%	Added +21.8m	+21,798,190 34.1%
41	NETFLIX INC COM NFLX	NFLX	348,770,600	$24.9bn0.37%	0.37%	Added +2.5m	+2,522,671 0.7%
42	TEXAS INSTRS INC COM TXN	TXN	82,555,483	$24.6bn0.37%	0.37%	Added +1.0m	+1,039,864 1.3%
43	GOLDMAN SACHS GROUP INC COM GS	GS	23,900,376	$24.2bn0.36%	0.36%	Reduced -89.0k	-88,990 -0.4%
44	SANDISK CORP COM SNDK	SNDK	10,295,300	$23.4bn0.35%	0.35%	Reduced -108.2k	-108,155 -1.0%
45	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	189,817,693	$22.1bn0.33%	0.33%	Added +826.7k	+826,722 0.4%
46	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	76,763,481	$21.6bn0.32%	0.32%	Reduced -802.5k	-802,472 -1.0%
47	ORACLE CORP COM ORCL	ORCL	145,353,687	$21.3bn0.32%	0.32%	Added +2.0m	+2,043,313 1.4%
48	WESTERN DIGITAL CORP COM WDC	WDC	32,953,613	$21.0bn0.31%	0.31%	Reduced -2.8m	-2,815,609 -7.9%
49	RTX CORPORATION COM RTX	RTX	110,528,494	$21.0bn0.31%	0.31%	Added +1.5m	+1,477,743 1.4%
50	CITIGROUP INC COM NEW C	C	149,509,189	$20.9bn0.31%	0.31%	Reduced -4.3m	-4,271,127 -2.8%
51	WELLS FARGO CO NEW COM WFC	WFC	250,601,039	$20.7bn0.31%	0.31%	Reduced -10.2m	-10,197,545 -3.9%
52	MORGAN STANLEY COM NEW MS	MS	94,899,620	$19.8bn0.30%	0.30%	Reduced -1.5m	-1,497,269 -1.6%
53	PHILIP MORRIS INTL INC COM PM	PM	108,039,522	$19.5bn0.29%	0.29%	Added +507.4k	+507,449 0.5%
54	LINDE PLC SHS LIN	LIN	37,301,875	$19.4bn0.29%	0.29%	Added +429.6k	+429,603 1.2%
55	ANALOG DEVICES INC COM ADI	ADI	46,858,696	$18.6bn0.28%	0.28%	Added +3.7m	+3,745,779 8.7%
56	AMGEN INC COM AMGN	AMGN	49,362,016	$17.9bn0.27%	0.27%	Added +2.3m	+2,261,544 4.8%
57	AMPHENOL CORP CL A APH	APH	101,252,038	$17.9bn0.27%	0.27%	Reduced -714.0k	-714,028 -0.7%
58	WELLTOWER INC COM WELL	WELL	78,049,214	$17.7bn0.26%	0.26%	Added +4.0m	+4,045,458 5.5%
59	QUALCOMM INC COM QCOM	QCOM	95,151,875	$17.6bn0.26%	0.26%	Reduced -10.9m	-10,864,006 -10.2%
60	VERIZON COMMUNICATIONS INC COM VZ	VZ	398,216,158	$16.9bn0.25%	0.25%	Added +30.2m	+30,188,559 8.2%
61	CORNING INC COM GLW	GLW	65,765,574	$16.8bn0.25%	0.25%	Reduced -944.9k	-944,918 -1.4%
62	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	21,846,397	$16.7bn0.25%	0.25%	Added +472.8k	+472,760 2.2%
63	TJX COS INC NEW COM TJX	TJX	108,844,399	$16.5bn0.25%	0.25%	Added +1.3m	+1,341,582 1.2%
64	NEXTERA ENERGY INC COM NEE	NEE	186,838,459	$16.4bn0.24%	0.24%	Added +8.0m	+8,008,975 4.5%
65	PEPSICO INC COM PEP	PEP	118,281,854	$16.0bn0.24%	0.24%	Added +2.4m	+2,440,377 2.1%
66	ARISTA NETWORKS INC COM SHS ANET	ANET	91,383,843	$15.5bn0.23%	0.23%	Reduced -523.8k	-523,799 -0.6%
67	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	30,919,632	$15.5bn0.23%	0.23%	Added +492.4k	+492,440 1.6%
68	GILEAD SCIENCES INC COM GILD	GILD	121,844,108	$15.4bn0.23%	0.23%	Added +2.8m	+2,833,135 2.4%
69	MCDONALDS CORP COM MCD	MCD	55,436,039	$15.0bn0.22%	0.22%	Added +83.3k	+83,304 0.1%
70	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	15,166,793	$14.6bn0.22%	0.22%	Added +892.7k	+892,710 6.2%
71	AMERICAN EXPRESS CO COM AXP	AXP	42,006,392	$14.2bn0.21%	0.21%	Added +96.1k	+96,083 0.2%
72	ISHARES TR CORE S&P TTL STK ITOT	ITOT	85,943,202	$14.1bn0.21%	0.21%	Added +6.0m	+6,025,552 7.5%
73	PROLOGIS INC. COM PLD	PLD	103,392,538	$14.0bn0.21%	0.21%	Added +3.0m	+2,978,479 3.0%
74	ABBOTT LABS COM ABT	ABT	152,563,476	$13.8bn0.21%	0.21%	Added +6.9m	+6,876,018 4.7%
75	BOEING CO COM BA	BA	61,043,446	$13.2bn0.20%	0.20%	Added +2.9m	+2,851,105 4.9%
76	DISNEY WALT CO COM DIS	DIS	136,882,993	$13.2bn0.20%	0.20%	Added +1.4m	+1,428,196 1.1%
77	EATON CORP PLC SHS ETN	ETN	30,675,945	$13.1bn0.19%	0.19%	Added +131.8k	+131,775 0.4%
78	UNION PAC CORP COM UNP	UNP	47,894,147	$13.0bn0.19%	0.19%	Added +115.6k	+115,607 0.2%
79	PFIZER INC COM PFE	PFE	529,670,433	$12.8bn0.19%	0.19%	Added +31.4m	+31,412,883 6.3%
80	CVS HEALTH CORP COM CVS	CVS	123,223,409	$12.7bn0.19%	0.19%	Reduced -2.7m	-2,696,444 -2.1%
81	SCHWAB CHARLES CORP COM SCHW	SCHW	134,414,949	$12.4bn0.18%	0.18%	Added +1.3m	+1,258,393 0.9%
82	APPLOVIN CORP COM CL A APP	APP	24,040,619	$12.4bn0.18%	0.18%	Added +400.4k	+400,447 1.7%
83	HOWMET AEROSPACE INC COM HWM	HWM	45,819,158	$12.3bn0.18%	0.18%	Reduced -2.1m	-2,144,218 -4.5%
84	VERTIV HOLDINGS CO COM CL A VRT	VRT	35,921,459	$12.0bn0.18%	0.18%	Reduced -1.3m	-1,285,708 -3.5%
85	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	24,109,373	$12.0bn0.18%	0.18%	Added +139.9k	+139,856 0.6%
86	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	30,024,648	$11.9bn0.18%	0.18%	Reduced -51.3k	-51,257 -0.2%
87	EQUINIX INC COM EQIX	EQIX	11,444,924	$11.9bn0.18%	0.18%	Added +313.4k	+313,356 2.8%
88	DEERE & CO COM DE	DE	18,544,770	$11.8bn0.18%	0.18%	Added +228.9k	+228,947 1.2%
89	BOOKING HOLDINGS INC COM BKNG	BKNG	65,340,562	$11.6bn0.17%	0.17%	Reduced -987.9k	-987,938 -1.5%
90	AT&T INC COM T	T	559,396,053	$11.6bn0.17%	0.17%	Reduced -1.6m	-1,601,598 -0.3%
91	SALESFORCE INC COM CRM	CRM	72,748,909	$11.4bn0.17%	0.17%	Reduced -6.9m	-6,942,275 -8.7%
92	NEWMONT CORP COM NEM	NEM	120,875,298	$11.3bn0.17%	0.17%	Reduced -5.2m	-5,207,318 -4.1%
93	TRANE TECHNOLOGIES PLC SHS TT	TT	21,876,084	$10.7bn0.16%	0.16%	Added +232.0k	+232,012 1.1%
94	UBER TECHNOLOGIES INC COM UBER	UBER	145,969,768	$10.5bn0.16%	0.16%	Reduced -5.0m	-5,017,525 -3.3%
95	PROGRESSIVE CORP COM PGR	PGR	48,048,848	$10.5bn0.16%	0.16%	Reduced -4.3m	-4,274,758 -8.2%
96	DANAHER CORPORATION COM DHR	DHR	55,084,630	$10.5bn0.16%	0.16%	Added +3.4m	+3,444,011 6.7%
97	DELL TECHNOLOGIES INC CL C DELL	DELL	24,094,119	$10.4bn0.15%	0.15%	Reduced -655.3k	-655,283 -2.6%
98	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	180,384,994	$10.4bn0.15%	0.15%	Added +8.7m	+8,702,106 5.1%
99	CAPITAL ONE FINL CORP COM COF	COF	51,054,869	$10.2bn0.15%	0.15%	Added +236.6k	+236,643 0.5%
100	PARKER-HANNIFIN CORP COM PH	PH	10,390,711	$10.2bn0.15%	0.15%	Added +389.8k	+389,828 3.9%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		24,415,938	$11.0bn24.4m shares
CARNIVAL CORP		89,979,406	$2.3bn90.0m shares
COTERRA ENERGY INC CTRA	CTRA	63,751,199	$2.2bn63.8m shares
HOLOGIC INC HOLX	HOLX	22,520,444	$1.7bn22.5m shares
DUPONT DE NEMOURS INC DWDP	DWDP	10,387,631	$1.4bn10.4m shares
AIR LEASE CORP AL	AL	12,796,880	$831.0m12.8m shares
MASIMO CORP MASI	MASI	4,644,578	$826.1m4.6m shares
SEALED AIR CORP NEW		16,702,312	$702.3m16.7m shares
CLEARWATER ANALYTICS HLDGS I		28,270,108	$668.6m28.3m shares
TRI POINTE HOMES INC TPH	TPH	13,680,620	$639.3m13.7m shares
APELLIS PHARMACEUTICALS INC APLS	APLS	13,536,964	$544.6m13.5m shares
TERNS PHARMACEUTICALS INC		9,569,585	$504.5m9.6m shares
AMICUS THERAPEUTICS INC FOLD	FOLD	33,879,048	$489.9m33.9m shares
ARCELLX INC ACLX	ACLX	3,945,238	$453.0m3.9m shares
CSG SYS INTL INC		4,094,650	$327.3m4.1m shares
VERIS RESIDENTIAL INC		15,067,443	$284.3m15.1m shares
KENNEDY-WILSON HOLDINGS INC KW	KW	21,288,875	$230.3m21.3m shares
ENVIRI CORP		11,705,331	$229.7m11.7m shares
PROASSURANCE CORP PRA	PRA	7,278,352	$179.9m7.3m shares
CLEARWAY ENERGY INC		4,186,923	$164.0m4.2m shares
ASCENDIS PHARMA A/S		661,054	$151.2m661.1k shares
DAY ONE BIOPHARMACEUTICALS I		7,044,487	$151.0m7.0m shares
THERMON GROUP HLDGS INC		2,588,149	$130.4m2.6m shares
SUN CTRY AIRLS HLDGS INC SNCY	SNCY	7,828,177	$129.3m7.8m shares
SOLENO THERAPEUTICS INC SLNO	SLNO	3,742,774	$125.3m3.7m shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Call	SPY	Call	12,841,300	$9.6bn12.8m shares	Reduced
INVESCO QQQ TR QQQ · Put	QQQ	Put	1,671,500	$1.2bn1.7m shares	New
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	1,474,900	$1.1bn1.5m shares	Added
ISHARES TR IVV · Put	IVV	Put	1,214,400	$909.5m1.2m shares	Reduced
SPACE EXPLORATION TECHN CORP SPCX · Put	SPCX	Put	3,718,400	$635.3m3.7m shares	New
AMAZON COM INC AMZN · Call	AMZN	Call	2,406,400	$573.5m2.4m shares	Added
APPLE INC AAPL · Call	AAPL	Call	1,661,200	$480.7m1.7m shares	Added
NVIDIA CORPORATION NVDA · Put	NVDA	Put	1,420,800	$284.3m1.4m shares	Reduced
ISHARES TR FXI · Call	FXI	Call	6,952,600	$219.6m7.0m shares	New
SPDR GOLD TR GLD · Call	GLD	Call	589,500	$217.2m589.5k shares	Reduced
INVESCO QQQ TR QQQ · Call	QQQ	Call	228,900	$168.6m228.9k shares	Reduced
KRANESHARES TRUST KWEB · Call	KWEB	Call	4,599,200	$112.5m4.6m shares	New
VERIZON COMMUNICATIONS INC VZ · Call	VZ	Call	2,589,500	$109.6m2.6m shares	New
ISHARES TR IWM · Call	IWM	Call	318,600	$95.7m318.6k shares	Reduced
ALPHABET INC GOOG · Call	GOOG	Call	269,000	$95.0m269.0k shares	Added
CORNING INC GLW · Call	GLW	Call	364,000	$93.0m364.0k shares	New
ISHARES TR IGV · Call	IGV	Call	948,000	$85.9m948.0k shares	Reduced
WALMART INC WMT · Call	WMT	Call	727,500	$82.4m727.5k shares	Added
ISHARES TR EFA · Call	EFA	Call	696,000	$72.3m696.0k shares	Reduced
UNITED AIRLS HLDGS INC UAL · Call	UAL	Call	484,300	$65.9m484.3k shares	Reduced
FREEPORT-MCMORAN INC FCX · Call	FCX	Call	967,400	$60.8m967.4k shares	New
ISHARES TR EEM · Call	EEM	Call	829,800	$56.8m829.8k shares	Reduced
WILLIAMS COS INC WMB · Call	WMB	Call	758,600	$56.4m758.6k shares	Added
FIFTH THIRD BANCORP FITB · Call	FITB	Call	944,200	$53.2m944.2k shares	New
SPDR SER TR KRE · Call	KRE	Call	702,700	$52.6m702.7k shares	New

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. The largest 25 of 2,024.

Company	Ticker	Stake	Change	Schedule	Last filed
ISHARES TR IOO · 13G · filed 2026-07-28	IOO	46.3%≈ $3.9bn	+1.6 pts	13G	2026-07-28
ISHARES TR IXJ · 13G · filed 2026-10-27	IXJ	24.2%≈ $1.0bn	-1.5 pts	13G	2026-10-27
ISHARES TR IVVW · 13G · filed 2026-10-27	IVVW	23.6%≈ $81.2m	+4.1 pts	13G	2026-10-27
XENIA HOTELS & RESORTS INC XHR · 13G · filed 2025-04-30	XHR	18.2%≈ $374.8m		13G	2025-04-30
SL GREEN RLTY CORP SLG · 13G · filed 2025-04-30	SLG	17.9%≈ $658.3m		13G	2025-04-30
INNOVATIVE INDL PPTYS INC IIPR · 13G · filed 2026-10-27	IIPR	17.7%≈ $302.7m	+1.0 pts	13G	2026-10-27
HIGHWOODS PPTYS INC HIW · 13G · filed 2026-07-28	HIW	17.7%≈ $587.8m	+3.6 pts	13G	2026-07-28
FOUR CORNERS PPTY TR INC FCPT · 13G · filed 2026-10-27	FCPT	17.6%≈ $473.6m	+1.1 pts	13G	2026-10-27
NATIONAL HEALTH INVS INC NHI · 13G · filed 2026-07-08	NHI	17.6%≈ $650.0m		13G	2026-07-08
TENABLE HLDGS INC TENB · 13G · filed 2026-09-04	TENB	17.5%≈ $712.8m	+7.2 pts	13G	2026-09-04
PEBBLEBROOK HOTEL TR PEB · 13G · filed 2025-04-30	PEB	17.5%≈ $407.2m		13G	2025-04-30
ALEXANDER & BALDWIN INC NEW ALEX · 13G · filed 2025-04-30	ALEX	17.5%		13G	2025-04-30
MACERICH CO MAC · 13G · filed 2025-02-05	MAC	17.5%≈ $1.2bn		13G	2025-02-05
RYMAN HOSPITALITY PPTYS INC RHP · 13G · filed 2026-07-29	RHP	17.4%≈ $1.4bn	+1.5 pts	13G	2026-07-29
DIAMONDROCK HOSPITALITY CO DRH · 13G · filed 2025-04-30	DRH	17.4%≈ $442.6m		13G	2025-04-30
TANGER INC SKT · 13G · filed 2025-04-29	SKT	17.4%≈ $777.3m		13G	2025-04-29
ENPHASE ENERGY INC ENPH · 13G · filed 2026-07-28	ENPH	17.3%≈ $1.1bn	+1.0 pts	13G	2026-07-28
CENTERSPACE CSR · 13G · filed 2025-04-29	CSR	17.3%≈ $162.8m		13G	2025-04-29
URBAN EDGE PPTYS UE · 13G · filed 2025-07-17	UE	17.2%≈ $495.1m		13G	2025-07-17
AMER STATES WTR CO AWR · 13G · filed 2025-07-17	AWR	17.2%≈ $548.5m		13G	2025-07-17
JBG SMITH PPTYS JBGS · 13G · filed 2026-10-27	JBGS	17.1%≈ $147.2m	-1.6 pts	13G	2026-10-27
CALIFORNIA WTR SVC GROUP CWT · 13G · filed 2025-07-17	CWT	17.1%≈ $496.3m		13G	2025-07-17
LTC PPTYS INC LTC · 13G · filed 2025-07-17	LTC	17.0%≈ $300.7m		13G	2025-07-17
ACADIA RLTY TR AKR · 13G · filed 2025-07-17	AKR	17.0%≈ $464.6m		13G	2025-07-17
SUNSTONE HOTEL INVS INC NEW SHO · 13G · filed 2025-07-17	SHO	17.0%≈ $386.8m		13G	2025-07-17