Core Insights - Bank of America reported a total market value of $1.47 trillion for its holdings as of September 30, 2025, an increase from $1.37 trillion in the previous quarter [1][2] - The bank added 504 new stocks to its portfolio, increased holdings in 3,704 stocks, reduced holdings in 3,585 stocks, and completely sold out of 582 stocks [1][2] - The top ten holdings accounted for 17.03% of the total market value [1][2] Holdings Overview - The largest holding is Microsoft (MSFT.US) with approximately 71.69 million shares valued at about $37.1 billion, representing 2.52% of the portfolio, a 2.14% increase from the previous quarter [3][5] - Nvidia (NVDA.US) is the second largest holding with around 191 million shares valued at approximately $35.6 billion, accounting for 2.41% of the portfolio, a decrease of 5.54% from the last quarter [3][5] - Apple (AAPL.US) ranks third with about 123 million shares valued at approximately $31.3 billion, making up 2.12% of the portfolio, an increase of 5.28% [3][5] - The fourth largest holding is Vanguard Value ETF (VTV.US) with around 134 million shares valued at about $25 billion, representing 1.69% of the portfolio, a 4.42% increase [3][5] - Vanguard Growth ETF (VUG.US) is the fifth largest holding with approximately 47 million shares valued at about $22.6 billion, accounting for 1.53% of the portfolio, a decrease of 4.66% [3][5] Sector Activity - The sixth to tenth largest holdings include SPDR S&P 500 ETF (SPY.US), Broadcom (AVGO.US), SPDR S&P 500 ETF Put Options (SPY.US, PUT), iShares MSCI EAFE ETF (IEFA.US), and Amazon (AMZN.US) [4] - Notably, the holdings in SPDR S&P 500 ETF Put Options increased significantly by approximately 142% compared to the previous quarter [4] Buying and Selling Trends - The top five purchases included SPDR S&P 500 ETF Put Options, Apple, iShares 20+ Year Treasury Bond ETF (TLT.US), iShares iBoxx High Yield Corporate Bond ETF Put Options (HYG.US, PUT), and iShares Russell 2000 ETF Put Options (IWM.US, PUT) [5] - The top five sales were iShares S&P 500 ETF (IVV.US), Nasdaq 100 ETF Put Options (QQQ.US, PUT), Nasdaq 100 ETF (QQQ.US), ServiceNow (NOW.US), and Amazon (AMZN.US) [6]

Core Insights - Soros Fund Management reported a total market value of $7.97 billion for Q2 2025, up from $6.70 billion in the previous quarter, reflecting a 19% increase [1][2] - The fund added 80 new stocks and increased holdings in 60 stocks, while reducing positions in 45 stocks and completely selling out of 87 stocks [1][2] Holdings Overview - The top ten holdings account for 28.11% of the total market value [1][2] - The largest position is in SPDR S&P 500 ETF put options (SPY.US, PUT) with approximately 537,500 shares valued at about $332 million, representing 4.17% of the portfolio, a significant increase of 168.75% from the previous quarter [3][4] - Other notable holdings include Smurfit WestRock (SW.US) with 7.48 million shares valued at approximately $323 million (4.05% of the portfolio) and First Solar call options (FSLR.US, CALL) with 1.64 million shares valued at about $271 million (3.40% of the portfolio) [3][4] Buying and Selling Activity - The top five purchases by percentage change in portfolio include Invesco QQQ Trust call options (QQQ.US, CALL), SPDR S&P 500 ETF put options (SPY.US, PUT), and Globant (GLOB.US) notes [4][6] - The top five sales by largest value include AstraZeneca (AZN.US), iShares 20+ Year Treasury ETF call options (TLT.US, CALL), and SPDR S&P 500 ETF (SPY.US) [5][6]