Barclays(US:BCS) Zhi Tong Cai Jing·2025-05-16 12:06Core Insights - Barclays Bank reported a total market value of $353 billion for its Q1 2025 holdings, a decrease of 1.12% from the previous quarter's $357 billion [1][2] - The bank added 492 new stocks, increased holdings in 1,512 stocks, reduced holdings in 2,912 stocks, and completely sold out of 503 stocks during the quarter [1][2] - The top ten holdings accounted for 37.06% of the total market value [1][2] Holdings Activity - The turnover rate for the quarter was 17.33%, with an alternative turnover rate of 15.08% [2] - The average holding period for the top 20 stocks was 9.85 quarters, while the top 10 stocks had an average holding period of 5.9 quarters [2] Major Positions - The largest position was in SPDR S&P 500 ETF put options (SPY.US, PUT) with approximately 87.64 million shares valued at about $49.03 billion, representing 13.90% of the portfolio [3][4] - The second-largest position was in Invesco QQQ ETF put options (QQQ.US, PUT) with around 36.65 million shares valued at approximately $17.19 billion, which increased by 75.11% from the previous quarter [3][4] - Microsoft (MSFT.US) was the third-largest holding with about 27.62 million shares valued at approximately $10.37 billion, reflecting a 6.81% increase [3][4] Notable Increases and Decreases - Significant increases were noted in holdings of AT&T (T.US) and Oracle (ORCL.US), with increases of 104.46% and 109.24% respectively [5] - Financial stocks such as Mastercard (MA.US), Morgan Stanley (MS.US), and Blackstone (BX.US) saw increases of 100.06%, 138.73%, and 225.46% respectively [5] - The top five purchases included QQQ.US, SPY.US, iShares 20+ Year Treasury ETF (TLT.US), SPDR Energy ETF (XLE.US), and Mastercard (MA.US) [5][6] Selling Activity - The top five sold positions included SPY.US, Honeywell (HON.US), Tesla put options (TSLA.US, PUT), Microsoft call options (MSFT.US, CALL), and Tesla call options (TSLA.US, CALL) [5][6]