1y return+21.8%S&P 500 +20.9%
3y return+62.7%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $185 against $195 in the S&P 500.2
Bnp Paribas Financial MarketsS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MUMicron Technology Inc | $9.3B | 4.9% | +73.5% |
| NVDANVIDIA Corp | $6.7B | 3.5% | +2.9% |
| AMZNAmazon.com Inc | $4.0B | 2.1% | +10.9% |
| TSLATesla Inc | $3.8B | 2.0% | +27.8% |
| GOOGLAlphabet Inc | $3.5B | 1.9% | +22.6% |
| AMDAdvanced Micro Devices Inc | $3.4B | 1.8% | +36.8% |
| AAPLApple Inc | $3.1B | 1.6% | −7.4% |
| MSFTMicrosoft Corp | $2.7B | 1.4% | −43.0% |
| XBIState Street SPDR S&P Biotech ETF | $2.7B | 1.4% | −20.7% |
| JPMJPMorgan Chase & Co | $2.6B | 1.4% | +14.6% |
| GOOGAlphabet Inc | $2.5B | 1.3% | −8.3% |
| AVGOBroadcom Inc | $2.4B | 1.3% | −18.8% |
| SPYState Street SPDR S&P 500 ETF Trust | $2.4B | 1.3% | +7.0% |
| SNDKSandisk Corp | $2.3B | 1.2% | −20.7% |
| IWMiShares Russell 2000 ETF | $2.1B | 1.1% | +14.7% |
| INTCIntel Corp | $1.9B | 1.0% | +3.4% |
| METAMeta Platforms Inc | $1.9B | 1.0% | −2.4% |
| EWYiShares MSCI South Korea ETF | $1.6B | 0.9% | +45.4% |
| UNHUnitedHealth Group Inc | $1.5B | 0.8% | +20.4% |
| GEGeneral Electric Co | $1.5B | 0.8% | +53.4% |
| CSCOCisco Systems Inc | $1.4B | 0.8% | −7.5% |
| LRCXLam Research Corp | $1.2B | 0.7% | +26.6% |
| AMATApplied Materials Inc | $1.2B | 0.6% | −18.9% |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | $1.2B | 0.6% | +59.6% |
| ORCLOracle Corp | $1.2B | 0.6% | −11.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANVIDIA Corp | June 30, 2020 | +2006.7% | $6.7B |
| WDCWestern Digital Corp | June 30, 2020 | +1346.7% | $954.0M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $2.4B |
| AMATApplied Materials Inc | June 30, 2020 | +1096.1% | $1.2B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $3.4B |
| SMHVanEck Semiconductor ETF | June 30, 2020 | +758.5% | $1.1B |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $730.2M |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | June 30, 2020 | +741.2% | $1.2B |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $1.2B |
| SOXXiShares Semiconductor ETF | June 30, 2020 | +609.7% | $1.1B |
Sold off last quarter
- Honeywell International IncCUSIP 438516106 was $313.7M
- Carnival CorpCUSIP 143658300 was $224.4M
- Ascendis Pharma ASCUSIP 04351P101 was $70.7M
- CTRACoterra Energy Inc was $57.7M
- IWSiShares Russell Mid-Cap Value ETF was $43.2M
- SPIBState Street SPDR Portfolio Intermediate Term Corporate Bond ETF was $40.2M
- DuPont de Nemours IncCUSIP 26614N102 was $37.5M
- Thomson Reuters CorpCUSIP 884903808 was $30.4M
- Amicus Therapeutics IncCUSIP 03152W109 was $27.0M
- Hologic IncCUSIP 436440101 was $26.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +14.1% | +14.8% |
| March 31, 2026 | −3.3% | −4.6% |
| December 31, 2025 | +2.1% | +2.4% |
| September 30, 2025 | +8.2% | +7.8% |
| June 30, 2025 | +10.3% | +10.5% |
| March 31, 2025 | −3.8% | −4.6% |
| December 31, 2024 | +0.9% | +2.1% |
| September 30, 2024 | +5.5% | +5.4% |
| June 30, 2024 | +1.8% | +4.0% |
| March 31, 2024 | +8.0% | +10.0% |
| December 31, 2023 | +11.6% | +11.2% |
| September 30, 2023 | −3.6% | −3.6% |
| June 30, 2023 | +6.1% | +8.3% |
| March 31, 2023 | +7.3% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Bnp Paribas Financial Markets Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1166588&type=13F-HR&dateb=&owner=include&count=40CIK 1166588
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1166588/000116658826000008/Filed August 13, 2026 · accession 0001166588-26-000008