BNP PARIBAS FINANCIAL MARKETS' Q2 2026 13F: 351 new positions, 280 exits
Form 13F-HR for the quarter ended Jun 30, 2026 · filed Aug 13, 2026 · 4948 reported positions · accession 0001166588-26-000008
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | Micron Technology Inc (MU) | 1.1% | 4.9% | +3.9 pts | +3.43M sh | +74% |
| Reduced | Microsoft Corp (MSFT) | 3.2% | 1.4% | −1.7 pts | −5.52M sh | −43% |
| Increased | Advanced Micro Devices Inc (AMD) | 0.6% | 1.8% | +1.2 pts | +1.58M sh | +37% |
| Increased | Tesla Inc (TSLA) | 1.8% | 2.0% | +0.2 pts | +1.96M sh | +28% |
| Reduced | State Street SPDR S&P Biotech ETF (XBI) | 1.8% | 1.4% | −0.4 pts | −4.38M sh | −21% |
| Reduced | iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) | 0.5% | 0.0% | −0.4 pts | −6.13M sh | −98% |
| Increased | Alphabet Inc (GOOGL) | 1.6% | 1.9% | +0.3 pts | +1.82M sh | +23% |
| Reduced | Sandisk Corp (SNDK) | 0.5% | 1.2% | +0.7 pts | −259K sh | −21% |
| Reduced | Texas Instruments Inc (TXN) | 0.6% | 0.4% | −0.2 pts | −1.89M sh | −43% |
| Reduced | Broadcom Inc (AVGO) | 1.6% | 1.3% | −0.4 pts | −1.47M sh | −19% |
| Increased | iShares MSCI ACWI ETF (ACWI) | 0.2% | 0.4% | +0.3 pts | +3.28M sh | +197% |
| Increased | General Electric Co (GE) | 0.5% | 0.8% | +0.3 pts | +1.37M sh | +53% |
| Increased | iShares MSCI South Korea ETF (EWY) | 0.5% | 0.9% | +0.4 pts | +2.52M sh | +45% |
| Reduced | Astera Labs Inc (ALAB) | 0.1% | 0.2% | +0.1 pts | −1.02M sh | −56% |
| Increased | Exxon Mobil Corp (XOM) | 0.4% | 0.5% | +0.1 pts | +3.46M sh | +91% |
| Increased | Taiwan Semiconductor Manufacturing Co Ltd (TSM) | 0.4% | 0.6% | +0.3 pts | +924K sh | +60% |
| Increased | Home Depot IncThe (HD) | 0.3% | 0.4% | +0.2 pts | +1.18M sh | +101% |
| Increased | Amazon.com Inc (AMZN) | 2.1% | 2.1% | 0.0 pts | +1.65M sh | +11% |
| Reduced | Analog Devices Inc (ADI) | 0.5% | 0.3% | −0.2 pts | −954K sh | −39% |
| Increased | VanEck Semiconductor ETF (SMH) | 0.3% | 0.6% | +0.3 pts | +545K sh | +48% |
| Increased | JPMorgan Chase & Co (JPM) | 1.4% | 1.4% | 0.0 pts | +1.03M sh | +15% |
| Increased | State Street Consumer Staples Select Sector SPDR ETF (XLP) | 0.1% | 0.3% | +0.2 pts | +4.04M sh | +225% |
| Reduced | ASML Holding NV (ASML) | 0.5% | 0.4% | −0.1 pts | −167K sh | −33% |
| Reduced | iShares Core S&P 500 ETF (IVV) | 0.3% | 0.2% | −0.2 pts | −385K sh | −49% |
| Reduced | Applied Materials Inc (AMAT) | 0.5% | 0.6% | +0.2 pts | −392K sh | −19% |
| Increased | iShares Russell 2000 ETF (IWM) | 1.0% | 1.1% | +0.1 pts | +904K sh | +15% |
| Reduced | Robinhood Markets Inc (HOOD) | 0.2% | 0.1% | −0.1 pts | −2.63M sh | −54% |
| Increased | Lam Research Corp (LRCX) | 0.3% | 0.7% | +0.3 pts | +603K sh | +27% |
| Increased | UnitedHealth Group Inc (UNH) | 0.6% | 0.8% | +0.3 pts | +622K sh | +20% |
| Reduced | Apple Inc (AAPL) | 2.0% | 1.6% | −0.3 pts | −868K sh | −7% |
| Reduced | Palo Alto Networks Inc (PANW) | 0.2% | 0.3% | 0.0 pts | −720K sh | −32% |
| Increased | Amgen Inc (AMGN) | 0.2% | 0.3% | +0.1 pts | +670K sh | +103% |
| Increased | Constellation Brands Inc (STZ) | 0.0% | 0.2% | +0.1 pts | +1.73M sh | +510% |
| Reduced | State Street Materials Select Sector SPDR ETF (XLB) | 0.2% | 0.0% | −0.2 pts | −4.72M sh | −74% |
| Increased | Netflix Inc (NFLX) | 0.4% | 0.4% | 0.0 pts | +3.29M sh | +54% |
| Reduced | Alphabet Inc (GOOG) | 1.5% | 1.3% | −0.2 pts | −647K sh | −8% |
| Reduced | Invesco S&P 500 Equal Weight ETF (RSP) | 0.3% | 0.1% | −0.2 pts | −1.04M sh | −48% |
| Increased | NatWest Group PLC (NWG) | 0.0% | 0.1% | +0.1 pts | +12.47M sh | +7347% |
| Increased | Morgan Stanley (MS) | 0.3% | 0.4% | +0.1 pts | +1.04M sh | +38% |
| Increased | TopBuild Corp (BLD) | 0.0% | 0.1% | +0.1 pts | +590K sh | +3640% |
| Reduced | Dell Technologies Inc (DELL) | 0.1% | 0.2% | 0.0 pts | −485K sh | −36% |
| Increased | State Street Industrial Select Sector SPDR ETF (XLI) | 0.3% | 0.3% | +0.1 pts | +1.1M sh | +47% |
| Increased | Coca-Cola Co (KO) | 0.1% | 0.2% | +0.1 pts | +2.46M sh | +90% |
| Increased | iShares U.S. Real Estate ETF (IYR) | 0.1% | 0.2% | +0.1 pts | +1.94M sh | +107% |
| Reduced | iShares Expanded Tech-Software Sector ETF (IGV) | 0.4% | 0.2% | −0.1 pts | −2.18M sh | −30% |
| Increased | Flex Ltd (FLEX) | 0.0% | 0.1% | +0.1 pts | +1.21M sh | +255% |
| Increased | Visa Inc (V) | 0.6% | 0.6% | 0.0 pts | +570K sh | +21% |
| Increased | Western Digital Corp (WDC) | 0.2% | 0.5% | +0.3 pts | +305K sh | +26% |
| New |
Honeywell Aerospace Inc (HONA)
new — newly listed security (e.g. spin-off)
|
— | 0.1% | +0.1 pts | +869K sh | new |
| Reduced | State Street Technology Select Sector SPDR ETF (XLK) | 0.2% | 0.1% | −0.1 pts | −986K sh | −49% |
The 50 largest of 4,682 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
* Prior share counts adjusted or corrected for a stock split — changes are measured from the adjusted count:
- Cia de Saneamento Basico do Estado de Sao Paulo SABESP (SBS): 20,173 shares as filed last quarter, 101K after adjustment → 97,462 now (prior share count adjusted for a stock split)
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- Ernexa Therapeutics Inc (ERNA): 114082308 → 114082407, 10 → 1 shares (share count changed with the identifier; not shown as a trade)
- Cenntro Inc (CENN): 150964104 → 150964302, 379 → 8 shares (share count changed with the identifier; not shown as a trade)
- VolitionRX Ltd (VNRX): 928661107 → 928661206, 265 → 14 shares (share count changed with the identifier; not shown as a trade)
- Lunai Bioworks Inc (LNAI): 29350E203 → 29350E302, 161 → 24 shares (share count changed with the identifier; not shown as a trade)
- Cue Biopharma Inc (CUE): 22978P106 → 22978P205, 415 → 1,117 shares (share count changed with the identifier; not shown as a trade)
- Upland Software Inc (UPLD): 91544A109 → 91544A208, 222 → 15 shares (share count changed with the identifier; not shown as a trade)
- CarParts.com Inc (PRTS): 14427M107 → 14427M206, 723 → 68 shares (share count changed with the identifier; not shown as a trade)
- Wheels Up Experience Inc (UP): 96328L205 → 96328L304, 3,975 → 1,089 shares (share count changed with the identifier; not shown as a trade)
- AIFU Inc (AIFU): G3314G110 → G3314G128, 4,084 → 195 shares (share count changed with the identifier; not shown as a trade)
- Digimarc Corp (DMRC): 25381B101 → 25382K100, 3,446 → 2,427 shares (share count changed with the identifier; not shown as a trade)
- Tuniu Corp (TOUR): 89977P106 → 89977P205, 46,856 → 4,695 shares (share count change consistent with a stock split)
- Seabridge Gold Inc (SA): 811916105 → 811927102, 4,502 → 2,993 shares (share count change consistent with a stock split)
- Immunic Inc (IMUX): 4525EP101 → 4525EP200, 122K → 22,909 shares (share count changed with the identifier; not shown as a trade)
- Trekor Metals Ltd (TGB): 876511106 → 89472Y107, 3.27M → 1.88M shares (share count changed with the identifier; not shown as a trade)
- Thomson Reuters Corp (TRI): 884903808 → 884903881, 337K → 490K shares (share count changed with the identifier; not shown as a trade)
- DuPont de Nemours Inc (DD): 26614N102 → 26614N201, 818K → 389K shares (share count changed with the identifier; not shown as a trade)
- Ascendis Pharma A (ASND): 04351P101 → K08588103, 309K → 173K shares (share count changed with the identifier; not shown as a trade)
- Carnival Corp Ltd (CCL): 143658300 → G2004J103, 8.67M → 8.95M shares (share count changed with the identifier; not shown as a trade)
- Honeywell International Inc (HON): 438516106 → 438516205, 1.39M → 990K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 22.1% of the equity book
Changes in the top 10 this quarter: MU entered · AMD entered · AVGO left · GOOG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Micron Technology Inc (MU) | 1.1% | 4.9% | Entered the top 10 |
| 2 | NVIDIA Corp (NVDA) | 3.8% | 3.5% | |
| 3 | Amazon.com Inc (AMZN) | 2.1% | 2.1% | |
| 4 | Tesla Inc (TSLA) | 1.8% | 2.0% | |
| 5 | Alphabet Inc (GOOGL) | 1.6% | 1.9% | |
| 6 | Advanced Micro Devices Inc (AMD) | 0.6% | 1.8% | Entered the top 10 |
| 7 | Apple Inc (AAPL) | 2.0% | 1.6% | |
| 8 | Microsoft Corp (MSFT) | 3.2% | 1.4% | |
| 9 | State Street SPDR S&P Biotech ETF (XBI) | 1.8% | 1.4% | |
| 10 | JPMorgan Chase & Co (JPM) | 1.4% | 1.4% | |
| — | Broadcom Inc (AVGO) | 1.6% | 1.3% | Left the top 10 |
| — | Alphabet Inc (GOOG) | 1.5% | 1.3% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Increased | State Street SPDR S&P 500 ETF Trust (SPY) | Put | 2.15M | 23.57M | $17.6B |
| Increased | NASDAQ 100 Index (QQQ) | Put | 2.88M | 11.23M | $8.27B |
| Increased | Micron Technology Inc (MU) | Put | 1.41M | 4.47M | $5.16B |
| Increased | Advanced Micro Devices Inc (AMD) | Put | 4.65M | 5.32M | $3.09B |
| Increased | VanEck Semiconductor ETF (SMH) | Put | 1.2M | 3.97M | $2.61B |
| Increased | State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) | Put | 211K | 2.7M | $1.41B |
| Increased | iShares MSCI South Korea ETF (EWY) | Put | 650K | 6.41M | $1.29B |
| Increased | VanEck Semiconductor ETF (SMH) | Call | 567K | 1.95M | $1.28B |
| Increased | NASDAQ 100 Index (QQQ) | Call | 3.41M | 3.71M | $2.73B |
| Increased | iShares Expanded Tech-Software Sector ETF (IGV) | Call | 457K | 8.64M | $783M |
| Reduced | NVIDIA Corp (NVDA) | Put | 15.76M | 10.23M | $2.05B |
| Reduced | Tesla Inc (TSLA) | Call | 3.03M | 1.2M | $505M |
| Increased | Western Digital Corp (WDC) | Put | 1.01M | 1.36M | $867M |
| Increased | Intel Corp (INTC) | Put | 4.71M | 4.8M | $670M |
| Reduced | iShares iBoxx USD High Yield Corporate Bond ETF (HYG) | Put | 10.78M | 5.3M | $424M |
| Reduced | iShares iBoxx USD High Yield Corporate Bond ETF (HYG) | Call | 5.65M | 200K | $16M |
| Increased | Apple Inc (AAPL) | Call | 2.08M | 3.25M | $940M |
| Increased | MICROCHIP TECHNOLOGY INC (MCHP) | Put | 710K | 4.51M | $411M |
| Increased | Apple Inc (AAPL) | Put | 4.28M | 4.98M | $1.44B |
| Reduced | Alphabet Inc (GOOG) | Put | 2.9M | 1.35M | $477M |
| Increased | Oracle Corp (ORCL) | Put | 4.57M | 6.7M | $982M |
| Increased | Amazon.com Inc (AMZN) | Call | 1.92M | 2.97M | $709M |
| Increased | State Street Technology Select Sector SPDR ETF (XLK) | Call | 283K | 1.75M | $333M |
| Increased | iShares 20 Year Treasury Bond ETF (TLT) | Put | 185K | 3.59M | $310M |
| Reduced | Tesla Inc (TSLA) | Put | 7.67M | 7.46M | $3.14B |