BNP PARIBAS FINANCIAL MARKETS

PARIS, I0 · CIK 1166588 · 13F filing filed 2023-08-09

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 entityBNP PARIBAS FINANCIAL MARKETS (FR)
Part of BNP PARIBAS (FR)

Other 13F filers in this group: BNP PARIBAS FINANCIAL MARKETS last filed Q2 2026, BNP PARIBAS last filed Q2 2026, BNP PARIBAS ASSET MANAGEMENT EUROPE last filed Q2 2026, BNP PARIBAS ASSET MANAGEMENT USA, Inc. last filed Q2 2026, BNP PARIBAS CARDIF VITA COMPAGNIA DI ASSICURAZIONE E RIASSICURAZIONE S.P.A. last filed Q2 2026, BNP PARIBAS SECURITIES CORP last filed Q2 2026, BNP Paribas Fortis last filed Q2 2026, CARDIF LUX VIE last filed Q2 2026, Cardif Assurance Vie last filed Q4 2025, Cardif-Assurances Risques Divers last filed Q4 2025

3 more

BNP PARIBAS last filed Q4 2023, BNP PARIBAS ASSET MANAGEMENT USA, Inc. last filed Q4 2022, BNP PARIBAS ASSET MANAGEMENT FRANCE last filed Q3 2022

$50.6bn reported value +9.3% vs Q1 2023

3,292positions

19.3%in top 10

193 new 1,169 added 1,730 reduced 114 sold out vs Q1 2023

Options: 301 call positions ($9.0bn notional), 323 put positions ($20.3bn notional) – listed below, not included above.

This report includes the holdings of 2 other managers that share the investment decisions:

BNP PARIBAS SECURITIES CORP – reports through this filing
BNP PARIBAS – no 13F of its own this quarter

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

Holdings, Q2 2023

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	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	18,345,848	$1.5bn3.02%	3.02%	Added +17.4m	+17,402,939 1845.7%
2	APPLE INC COM AAPL	AAPL	6,462,057	$1.3bn2.47%	2.47%	Added +1.2m	+1,217,013 23.2%
3	MICROSOFT CORP COM MSFT	MSFT	3,557,063	$1.2bn2.39%	2.39%	Added +388.6k	+388,601 12.3%
4	NVIDIA CORPORATION COM NVDA	NVDA	2,540,924	$1.1bn2.12%	2.12%	Added +706.1k	+706,125 38.5%
5	AMAZON COM INC COM AMZN	AMZN	7,547,250	$983.9m1.94%	1.94%	Reduced -1.4m	-1,365,430 -15.3%
6	DUPONT DE NEMOURS INC COM DWDP	DWDP	12,571,480	$898.1m1.77%	1.77%	Added +4.3m	+4,314,263 52.2%
7	TESLA INC COM TSLA	TSLA	3,311,207	$866.8m1.71%	1.71%	Added +69.7k	+69,671 2.1%
8	VISA INC COM CL A V	V	2,933,402	$696.6m1.38%	1.38%	Added +1.9m	+1,929,835 192.3%
9	BROADCOM INC COM AVGO	AVGO	737,232	$639.5m1.26%	1.26%	Added +28.1k	+28,079 4.0%
10	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,420,737	$629.8m1.24%	1.24%	Reduced -969.1k	-969,094 -40.5%
11	BANK AMERICA CORP COM BAC	BAC	18,324,123	$525.7m1.04%	1.04%	Added +6.6m	+6,553,598 55.7%
12	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	2,958,473	$514.4m1.02%	1.02%	Added +2.5m	+2,481,201 519.9%
13	SELECT SECTOR SPDR TR INDL XLI	XLI	4,582,679	$491.8m0.97%	0.97%	Reduced -2.4m	-2,386,180 -34.2%
14	ALPHABET INC CAP STK CL A GOOGL	GOOGL	3,813,893	$456.5m0.90%	0.90%	Added +150.1k	+150,070 4.1%
15	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	773,676	$403.7m0.80%	0.80%	Reduced -122.9k	-122,867 -13.7%
16	META PLATFORMS INC CL A META	META	1,386,907	$398.0m0.79%	0.79%	Added +646.3k	+646,282 87.3%
17	ALPHABET INC CAP STK CL C GOOG	GOOG	3,251,058	$393.3m0.78%	0.78%	Added +969.1k	+969,124 42.5%
18	ISHARES TR CHINA LG-CAP ETF FXI	FXI	14,141,585	$384.5m0.76%	0.76%	Added +3.3m	+3,297,210 30.4%
19	PFIZER INC COM PFE	PFE	9,749,299	$357.6m0.71%	0.71%	Added +5.5m	+5,547,555 132.0%
20	ADVANCED MICRO DEVICES INC COM AMD	AMD	3,028,542	$345.0m0.68%	0.68%	Added +45.5k	+45,451 1.5%
21	COTY INC COM CL A COTY	COTY	26,788,911	$329.2m0.65%	0.65%	Added +7.7m	+7,719,530 40.5%
22	INTEL CORP COM INTC	INTC	9,534,896	$318.8m0.63%	0.63%	Added +1.1m	+1,059,422 12.5%
23	TEXAS INSTRS INC COM TXN	TXN	1,696,101	$305.3m0.60%	0.60%	Added +445.3k	+445,256 35.6%
24	JPMORGAN CHASE & CO COM JPM	JPM	2,009,370	$292.2m0.58%	0.58%	Added +533.4k	+533,362 36.1%
25	ADOBE INC COM ADBE	ADBE	569,865	$278.7m0.55%	0.55%	Reduced -126.1k	-126,103 -18.1%
26	COMCAST CORP NEW CL A CMCSA	CMCSA	6,601,620	$274.3m0.54%	0.54%	Added +1.6m	+1,585,216 31.6%
27	UNITEDHEALTH GROUP INC COM UNH	UNH	557,759	$268.1m0.53%	0.53%	Reduced -205.1k	-205,122 -26.9%
28	DELTA AIR LINES INC DEL COM NEW DAL	DAL	5,621,352	$267.2m0.53%	0.53%	Reduced -199.9k	-199,926 -3.4%
29	PEPSICO INC COM PEP	PEP	1,429,874	$264.8m0.52%	0.52%	Added +193.9k	+193,933 15.7%
30	COSTCO WHSL CORP NEW COM COST	COST	479,185	$258.0m0.51%	0.51%	Added +260.3k	+260,332 119.0%
31	PAYPAL HLDGS INC COM PYPL	PYPL	3,691,459	$246.3m0.49%	0.49%	Reduced -434.6k	-434,587 -10.5%
32	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	255,485	$244.1m0.48%	0.48%	Added +86.5k	+86,492 51.2%
33	CISCO SYS INC COM CSCO	CSCO	4,700,162	$243.2m0.48%	0.48%	Reduced -480.9k	-480,935 -9.3%
34	LULULEMON ATHLETICA INC COM LULU	LULU	617,879	$233.9m0.46%	0.46%	Added +156.3k	+156,287 33.9%
35	JOHNSON & JOHNSON COM JNJ	JNJ	1,367,844	$226.4m0.45%	0.45%	Reduced -697.3k	-697,318 -33.8%
36	SPDR SER TR S&P BIOTECH XBI	XBI	2,715,135	$225.9m0.45%	0.45%	Added +1.6m	+1,641,600 152.9%
37	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	657,994	$224.4m0.44%	0.44%	Reduced -157.8k	-157,789 -19.3%
38	ABBVIE INC COM ABBV	ABBV	1,660,688	$223.7m0.44%	0.44%	Reduced -520.5k	-520,494 -23.9%
39	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	599,593	$221.5m0.44%	0.44%	Reduced -1.9m	-1,908,623 -76.1%
40	ISHARES TR MSCI ACWI ETF ACWI	ACWI	2,308,242	$221.5m0.44%	0.44%	Added +545.8k	+545,815 31.0%
41	UBER TECHNOLOGIES INC COM UBER	UBER	5,052,714	$218.1m0.43%	0.43%	Added +339.1k	+339,148 7.2%
42	ISHARES TR RUSSELL 2000 ETF IWM	IWM	1,158,758	$217.0m0.43%	0.43%	Reduced -1.4m	-1,372,366 -54.2%
43	FORD MTR CO COM F	F	14,157,467	$214.2m0.42%	0.42%	Added +11.8m	+11,751,235 488.4%
44	MCDONALDS CORP COM MCD	MCD	677,993	$202.3m0.40%	0.40%	Added +317.7k	+317,684 88.2%
45	EXXON MOBIL CORP COM XOM	XOM	1,838,111	$197.1m0.39%	0.39%	Added +3.9k	+3,863 0.2%
46	HONEYWELL INTL INC COM COM		946,929	$196.5m0.39%	0.39%	Reduced -68.2k	-68,249 -6.7%
47	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	622,498	$192.1m0.38%	0.38%	Reduced -270.4k	-270,360 -30.3%
48	NETFLIX INC COM NFLX	NFLX	431,345	$190.0m0.38%	0.38%	Reduced -428.0k	-427,956 -49.8%
49	ISHARES TR ISHARES BIOTECH IBB	IBB	1,477,051	$187.5m0.37%	0.37%	Added +132.7k	+132,705 9.9%
50	ISHARES INC MSCI JPN ETF NEW EWJ	EWJ	3,017,456	$186.8m0.37%	0.37%	Reduced -366.7k	-366,659 -10.8%
51	PALO ALTO NETWORKS INC COM PANW	PANW	726,807	$185.7m0.37%	0.37%	Added +59.3k	+59,307 8.9%
52	MERCADOLIBRE INC COM MELI	MELI	149,324	$176.9m0.35%	0.35%	Added +39.8k	+39,770 36.3%
53	QUALCOMM INC COM QCOM	QCOM	1,460,718	$173.9m0.34%	0.34%	Reduced -38.9k	-38,917 -2.6%
54	SALESFORCE INC COM CRM	CRM	817,915	$172.8m0.34%	0.34%	Reduced -162.5k	-162,468 -16.6%
55	INVESCO EXCH TRADED FD TR II SR LN ETF BKLN	BKLN	8,054,186	$169.5m0.33%	0.33%	Reduced -1.1m	-1,073,998 -11.8%
56	ISHARES TR U.S. REAL ES ETF IYR	IYR	1,948,517	$168.6m0.33%	0.33%	Added +594.7k	+594,665 43.9%
57	MICRON TECHNOLOGY INC COM MU	MU	2,661,914	$168.0m0.33%	0.33%	Added +23.9k	+23,926 0.9%
58	ISHARES TR IBOXX HI YD ETF HYG	HYG	2,226,282	$167.1m0.33%	0.33%	Reduced -1.4m	-1,382,804 -38.3%
59	WALMART INC COM WMT	WMT	1,041,669	$163.7m0.32%	0.32%	Added +448.7k	+448,741 75.7%
60	ISHARES TR MSCI EAFE ETF EFA	EFA	2,246,125	$162.8m0.32%	0.32%	Reduced -833.8k	-833,778 -27.1%
61	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	2,535,105	$162.1m0.32%	0.32%	Reduced -2.5m	-2,537,252 -50.0%
62	INTUIT COM INTU	INTU	351,205	$160.9m0.32%	0.32%	Added +33.3k	+33,276 10.5%
63	MERCK & CO INC COM MRK	MRK	1,390,668	$160.5m0.32%	0.32%	Reduced -366.1k	-366,129 -20.8%
64	DISNEY WALT CO COM DIS	DIS	1,757,816	$156.9m0.31%	0.31%	Added +558.9k	+558,903 46.6%
65	ABBOTT LABS COM ABT	ABT	1,422,259	$155.1m0.31%	0.31%	Reduced -464.2k	-464,188 -24.6%
66	DANAHER CORPORATION COM DHR	DHR	645,670	$155.0m0.31%	0.31%	Added +19.2k	+19,198 3.1%
67	KLA CORP COM NEW KLAC	KLAC	314,288	$152.4m0.30%	0.30%	Added +111.4k	+111,361 54.9%
68	CVS HEALTH CORP COM CVS	CVS	2,203,235	$152.3m0.30%	0.30%	Reduced -350.4k	-350,361 -13.7%
69	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	1,146,526	$152.2m0.30%	0.30%	Reduced -575.1k	-575,102 -33.4%
70	VERIZON COMMUNICATIONS INC COM VZ	VZ	4,091,239	$152.2m0.30%	0.30%	Reduced -22.6k	-22,574 -0.6%
71	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	2,200,216	$152.1m0.30%	0.30%	Reduced -1.3m	-1,283,668 -36.9%
72	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	317,173	$151.9m0.30%	0.30%	Added +109.6k	+109,628 52.8%
73	APPLIED MATLS INC COM AMAT	AMAT	1,041,306	$150.5m0.30%	0.30%	Reduced -36.7k	-36,737 -3.4%
74	ELI LILLY & CO COM LLY	LLY	317,946	$149.1m0.29%	0.29%	Reduced -212.0k	-211,990 -40.0%
75	LAM RESEARCH CORP COM COM		230,193	$148.0m0.29%	0.29%	Added +52.4k	+52,430 29.5%
76	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	430,828	$147.3m0.29%	0.29%	Added +123.2k	+123,208 40.0%
77	ISHARES TR 20 YR TR BD ETF TLT	TLT	1,408,752	$145.0m0.29%	0.29%	Reduced -441.0k	-441,041 -23.8%
78	HOME DEPOT INC COM HD	HD	465,377	$144.6m0.29%	0.29%	Added +129.3k	+129,307 38.5%
79	ORACLE CORP COM ORCL	ORCL	1,194,654	$142.3m0.28%	0.28%	Reduced -207.4k	-207,389 -14.8%
80	ON SEMICONDUCTOR CORP COM ON	ON	1,495,590	$141.5m0.28%	0.28%	Added +102.5k	+102,528 7.4%
81	ISHARES TR IBOXX INV CP ETF LQD	LQD	1,303,721	$141.0m0.28%	0.28%	Reduced -2.2m	-2,243,667 -63.2%
82	MASTERCARD INCORPORATED CL A MA	MA	341,803	$134.4m0.27%	0.27%	Added +26.2k	+26,233 8.3%
83	UNITED PARCEL SERVICE INC CL B UPS	UPS	737,990	$132.3m0.26%	0.26%	Added +277.2k	+277,191 60.1%
84	SPDR SER TR S&P RETAIL ETF XRT	XRT	2,072,862	$132.1m0.26%	0.26%	Added +1.2m	+1,168,961 129.3%
85	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	867,316	$132.0m0.26%	0.26%	Reduced -980.5k	-980,494 -53.1%
86	BOOKING HOLDINGS INC COM BKNG	BKNG	48,683	$131.5m0.26%	0.26%	Added +21.9k	+21,866 81.5%
87	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	368,471	$129.7m0.26%	0.26%	Added +89.4k	+89,387 32.0%
88	AT&T INC COM T	T	8,092,159	$129.1m0.25%	0.25%	Added +3.2m	+3,182,302 64.8%
89	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	373,947	$128.6m0.25%	0.25%	Added +62.8k	+62,808 20.2%
90	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	171,687	$124.4m0.25%	0.25%	Reduced -24.4k	-24,389 -12.4%
91	UNION PAC CORP COM UNP	UNP	601,251	$123.0m0.24%	0.24%	Added +23.0k	+22,988 4.0%
92	ENERGY TRANSFER L P COM UT LTD PTN ET	ET	9,420,338	$119.6m0.24%	0.24%	Added +1.0m	+1,023,606 12.2%
93	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	235,719	$119.6m0.24%	0.24%	Added +211.7k	+211,699 881.3%
94	MEDTRONIC PLC SHS MDT	MDT	1,325,681	$116.8m0.23%	0.23%	Added +586.6k	+586,593 79.4%
95	ANALOG DEVICES INC COM ADI	ADI	593,094	$115.5m0.23%	0.23%	Reduced -128.5k	-128,518 -17.8%
96	ISHARES TR EXPANDED TECH IGV	IGV	331,592	$114.7m0.23%	0.23%	Reduced -301.7k	-301,747 -47.6%
97	CHEVRON CORP NEW COM CVX	CVX	723,295	$113.8m0.22%	0.22%	Reduced -266.7k	-266,671 -26.9%
98	MONDELEZ INTL INC CL A MDLZ	MDLZ	1,536,803	$112.1m0.22%	0.22%	Added +405.4k	+405,372 35.8%
99	MARSH & MCLENNAN COS INC COM MRSH	MRSH	584,361	$109.9m0.22%	0.22%	Added +18.1k	+18,059 3.2%
100	REGENERON PHARMACEUTICALS COM REGN	REGN	151,203	$108.6m0.21%	0.21%	Added +41.2k	+41,165 37.4%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
ISHARES TR IWP	IWP	392,815	$35.8m392.8k shares
PRA GROUP INC PRAA 3.5 06.01.23	PRAA 3.5 06.01.23	35,471,000	$35.4m35.5m shares
BURLINGTON STORES INC BURL 2.25 04.15.25	BURL 2.25 04.15.25	25,098,000	$28.7m25.1m shares
HOPE BANCORP INC HOPE 2 05.15.38	HOPE 2 05.15.38	16,410,000	$15.9m16.4m shares
REDWOOD TRUST INC RWT 4.75 08.15.23	RWT 4.75 08.15.23	13,372,000	$13.2m13.4m shares
FIRST TR EXCHANGE TRADED FD FTXL	FTXL	200,000	$13.0m200.0k shares
ROYAL CARIBBEAN GROUP RCL 4.25 06.15.23	RCL 4.25 06.15.23	12,330,000	$12.5m12.3m shares
NEOGENOMICS INC NEO 1.25 05.01.25	NEO 1.25 05.01.25	11,190,000	$10.4m11.2m shares
ENPHASE ENERGY INC ENPH 0 03.01.28	ENPH 0 03.01.28	9,966,000	$10.3m10.0m shares
WAYFAIR INC W 0.625 10.01.25	W 0.625 10.01.25	13,000,000	$9.5m13.0m shares
DCP MIDSTREAM LP DCP	DCP	226,125	$9.4m226.1k shares
INSULET CORP PODD 0.375 09.01.26	PODD 0.375 09.01.26	6,120,000	$9.1m6.1m shares
IONIS PHARMACEUTICALS INC IONS 0 04.01.26	IONS 0 04.01.26	9,459,000	$8.6m9.5m shares
ICAHN ENTERPRISES LP IEP	IEP	158,279	$8.2m158.3k shares
BRIDGEBIO PHARMA INC BBIO 2.25 02.01.29	BBIO 2.25 02.01.29	10,500,000	$6.7m10.5m shares
OKTA INC OKTA 0.375 06.15.26	OKTA 0.375 06.15.26	7,570,000	$6.5m7.6m shares
KKR REAL ESTATE FIN TR INC KREF 6.125 05.15.23	KREF 6.125 05.15.23	5,880,000	$5.9m5.9m shares
EVOQUA WATER TECHNOLOGIES CO AQUA	AQUA	113,538	$5.6m113.5k shares
NICE LTD NICEIT 0 09.15.25	NICEIT 0 09.15.25	5,664,000	$5.4m5.7m shares
CNX RES CORP CNX 2.25 05.01.26	CNX 2.25 05.01.26	3,693,000	$5.1m3.7m shares
MAXAR TECHNOLOGIES INC MAXR	MAXR	99,826	$5.1m99.8k shares
BIOMARIN PHARMACEUTICAL INC BMRN 0.599 08.01.24	BMRN 0.599 08.01.24	4,000,000	$4.1m4.0m shares
RITCHIE BROS AUCTIONEERS RBA	RBA	68,626	$3.9m68.6k shares
CANADIAN PAC RY LTD		48,003	$3.7m48.0k shares
JAZZ INVESTMENTS I LTD JAZZ 1.5 08.15.24	JAZZ 1.5 08.15.24	3,805,000	$3.7m3.8m shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	131,321	$5.8bn131.3k shares	Added
INVESCO QQQ TR QQQ · Put	QQQ	Put	58,235	$2.2bn58.2k shares	Reduced
INVESCO QQQ TR QQQ · Call	QQQ	Call	27,275	$1.0bn27.3k shares	Reduced
ISHARES TR IWM · Put	IWM	Put	47,974	$898.4m48.0k shares	Added
TESLA INC TSLA · Put	TSLA	Put	32,251	$844.2m32.3k shares	Added
APPLE INC AAPL · Put	AAPL	Put	40,230	$780.3m40.2k shares	Reduced
ISHARES TR IWM · Call	IWM	Call	40,050	$750.0m40.0k shares	Added
SPDR S&P 500 ETF TR SPY · Call	SPY	Call	14,264	$632.3m14.3k shares	Reduced
VANECK ETF TRUST SMH · Put	SMH	Put	41,218	$627.5m41.2k shares	New
AMAZON COM INC AMZN · Put	AMZN	Put	39,175	$510.7m39.2k shares	Reduced
JPMORGAN CHASE & CO JPM · Put	JPM	Put	28,394	$413.0m28.4k shares	Reduced
ISHARES TR EEM · Call	EEM	Call	98,150	$388.3m98.2k shares	Added
APPLE INC AAPL · Call	AAPL	Call	18,053	$350.2m18.1k shares	Added
MICROSOFT CORP MSFT · Put	MSFT	Put	9,612	$327.3m9.6k shares	Reduced
NVIDIA CORPORATION NVDA · Put	NVDA	Put	7,435	$314.5m7.4k shares	Reduced
SPDR DOW JONES INDL AVERAGE DIA · Call	DIA	Call	8,600	$295.7m8.6k shares	Added
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	24,059	$274.1m24.1k shares	Reduced
SELECT SECTOR SPDR TR XLF · Put	XLF	Put	77,853	$262.4m77.9k shares	Added
ISHARES TR HYG · Put	HYG	Put	34,075	$255.8m34.1k shares	Added
JPMORGAN CHASE & CO JPM · Call	JPM	Call	15,751	$229.1m15.8k shares	Added
ISHARES TR HYG · Call	HYG	Call	30,500	$229.0m30.5k shares	Reduced
BROADCOM INC AVGO · Put	AVGO	Put	2,591	$224.8m2.6k shares	Reduced
AMAZON COM INC AMZN · Call	AMZN	Call	15,753	$205.4m15.8k shares	Reduced
SELECT SECTOR SPDR TR XLF · Call	XLF	Call	57,916	$195.2m57.9k shares	Added
META PLATFORMS INC META · Put	META	Put	6,655	$191.0m6.7k shares	Reduced