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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | DBX ETF TR | $2.06B | 52758928 | 16.20% |
| 2 | ISHARES TR | $2.05B | 27692756 | 16.15% |
| 3 | NVIDIA CORP | $555.8M | 3187064 | 4.37% |
| 4 | ISHARES TR | $518.7M | 14080000 | 4.08% |
| 5 | APPLE INC | $478.8M | 1886513 | 3.77% |
| 6 | SPDR SER TR | $476.9M | 20450000 | 3.75% |
| 7 | ALPHABET INC | $395.2M | 1374295 | 3.11% |
| 8 | MICROSOFT CORP | $347.7M | 939375 | 2.74% |
| 9 | AMAZON COM INC | $272.0M | 1306000 | 2.14% |
| 10 | BROADCOM INC | $169.7M | 548420 | 1.34% |
| 11 | META PLATFORMS INC | $160.7M | 280875 | 1.26% |
| 12 | ISHARES TR | $153.3M | 1620907 | 1.21% |
| 13 | TESLA INC | $139.6M | 375500 | 1.10% |
| 14 | JPMORGAN CHASE & CO | $113.7M | 386405 | 0.89% |
| 15 | EXXON MOBIL CORP | $101.8M | 600000 | 0.80% |
| 16 | BERKSHIRE HATHAWAY INC DEL | $94.6M | 197340 | 0.74% |
| 17 | LILLY ELI & CO | $94.1M | 102300 | 0.74% |
| 18 | ISHARES TR | $87.6M | 1542754 | 0.69% |
| 19 | WALMART INC | $77.2M | 621535 | 0.61% |
| 20 | VISA INC | $76.3M | 252421 | 0.60% |
| 21 | JOHNSON & JOHNSON | $73.6M | 301100 | 0.58% |
| 22 | MASTERCARD INC | $69.0M | 138011 | 0.54% |
| 23 | COSTCO WHSL CORP NEW | $65.7M | 65985 | 0.52% |
| 24 | COCA COLA CO | $63.3M | 832227 | 0.50% |
| 25 | NETFLIX INC | $56.1M | 583177 | 0.44% |
| 26 | BANK AMER CORP | $55.7M | 1141569 | 0.44% |
| 27 | MICRON TECHNOLOGY INC | $52.2M | 154552 | 0.41% |
| 28 | CATERPILLAR INC | $48.7M | 68800 | 0.38% |
| 29 | ABBVIE INC | $47.7M | 219500 | 0.38% |
| 30 | MERCK & CO INC NEW | $44.1M | 366500 | 0.35% |
| 31 | HOME DEPOT INC | $44.1M | 134000 | 0.35% |
| 32 | GENERAL ELEC CO | $44.0M | 155000 | 0.35% |
| 33 | ADVANCED MICRO DEVICES INC | $41.3M | 203124 | 0.33% |
| 34 | UNITEDHEALTH GROUP INC | $35.0M | 129300 | 0.28% |
| 35 | GE VERNOVA INC | $34.9M | 40000 | 0.27% |
| 36 | SCHWAB CHARLES CORP NEW | $34.4M | 366441 | 0.27% |
| 37 | APPLIED MATLS INC | $34.4M | 100566 | 0.27% |
| 38 | PEPSICO INC | $34.2M | 220000 | 0.27% |
| 39 | LAM RESH CORP | $33.4M | 156323 | 0.26% |
| 40 | BLACKROCK INC NEW | $33.2M | 34544 | 0.26% |
| 41 | ORACLE CORP | $32.9M | 223762 | 0.26% |
| 42 | PALANTIR TECHNOLOGIES INC | $32.1M | 219149 | 0.25% |
| 43 | CISCO SYS INC | $31.7M | 408303 | 0.25% |
| 44 | MORGAN STANLEY | $30.3M | 183984 | 0.24% |
| 45 | SALESFORCE INC | $30.1M | 161091 | 0.24% |
| 46 | MCDONALDS CORP | $29.7M | 95500 | 0.23% |
| 47 | LINDE PLC NEW | $28.0M | 56500 | 0.22% |
| 48 | GILEAD SCIENCES INC | $27.6M | 198000 | 0.22% |
| 49 | THERMO FISHER SCIENTIFIC INC | $27.2M | 55300 | 0.21% |
| 50 | AMGEN INC | $26.7M | 75832 | 0.21% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.