Quarterly pulse
What changed in Q3 2025
New money, crowded names, and exits — computed across every 13F book we have for the quarter.
Largest new buys
- McGraw Hill, Inc.MH · 3 new books$2.09B
- Microsoft CorpMSFT · 4 new books$991.4M
- Aon plcAON · 3 new books$814.5M
- Exelixis, Inc.EXEL · 4 new books$806.4M
- Amazon Com IncAMZN · 2 new books$769.8M
- Natera, Inc.NTRA · 2 new books$684.9M
- Unitedhealth Group IncUNH · 2 new books$652M
- Thermo Fisher Scientific Inc.TMO · 4 new books$622.3M
- Hims & Hers Health, Inc.HIMS · 2 new books$609.8M
- Salesforce, Inc.CRM · 4 new books$584.1M
- Autodesk, Inc.ADSK · 3 new books$530.6M
- Boston Scientific CorpBSX · 4 new books$484.1M
Most new holders
- Paramount Skydance CorpPSKY · 27 holders now+12
- Tesla, Inc.TSLA · 118 holders now+9
- SoFi Technologies, Inc.SOFI · 43 holders now+7
- Lucid Group, Inc.LCID · 18 holders now+7
- Ishares Bitcoin Trust EtfIBIT · 56 holders now+6
- Western Digital CorpWDC · 37 holders now+6
- Ionis Pharmaceuticals IncIONS · 21 holders now+6
- Centrus Energy CorpLEU · 17 holders now+6
- Broadcom Inc.AVGO · 128 holders now+5
- Uber Technologies, IncUBER · 76 holders now+5
- Micron Technology IncMU · 61 holders now+5
- BlackRock, Inc.BLK · 61 holders now+5
Largest exits
- Advanced Micro Devices IncAMD · 4 sold out$209.1M
- Starbucks CorpSBUX · 3 sold out$123.6M
- Snowflake Inc.SNOW · 2 sold out$119.4M
- Icon PlcICLR · 1 sold out$67.7M
- Humana IncHUM · 1 sold out$62.1M
- Tesla, Inc.TSLA · 1 sold out$55.6M
- Vertex, Inc.VERX · 2 sold out$40.2M
- Pepsico IncPEP · 1 sold out$29M
- Vertiv Holdings CoVRT · 1 sold out$28.5M
- Ovintiv Inc.OVV · 1 sold out$20.2M
- Kla CorpKLAC · 2 sold out$18.9M
- Telus CorpTU · 2 sold out$18.4M