BNP Paribas Financial Markets Portfolio holdings
BNP Paribas Financial Markets, a core component of BNP Paribas’s Corporate & Institutional Banking (CIB) division, is a global leader in trading and market-making, headquartered in Paris with major hubs in London, New York, Hong Kong, and Singapore. Specializing in derivatives across all asset classes—equities, fixed income, commodities, and foreign exchange—it provides innovative investment, hedging, and financing solutions to corporate clients, institutional investors, and financial institutions worldwide. Known for its advanced technological infrastructure and quantitative expertise, the division excels in structured financing and electronic trading, supported by a robust balance sheet and a diversified business model that proved resilient during the 2008 financial crisis. With a presence in over 50 countries and a client base exceeding 13,000, BNP Paribas Financial Markets drives market liquidity and offers cutting-edge research and execution services, reinforcing its position as a top-tier player in global capital markets.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$502M |
| 2 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$291M |
| 3 |
Amazon
AMZN
|
+$248M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$230M |
| 5 |
JPMorgan Chase
JPM
|
+$225M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.9B |
| 2 |
Apple
AAPL
|
+$1.82B |
| 3 |
Broadcom
AVGO
|
+$1.66B |
| 4 |
Microsoft
MSFT
|
+$1.21B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$824M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.25% |
| 2 | Consumer Discretionary | 8.22% |
| 3 | Financials | 7.41% |
| 4 | Communication Services | 5.92% |
| 5 | Healthcare | 5.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $536M | 0.29% |
8,043
-2,912
| -27% | -$1.87M |
|
52
Bank of America
BAC
$453B
| $525M | 0.28% |
10,177,771
+186,681
| +2% | +$9.11M |
|
53
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $522M | 0.28% |
3,382,333
-881,455
| -21% | -$134M |
|
54
Morgan Stanley
MS
$342B
| $519M | 0.28% |
3,267,640
+1,470,190
| +82% | +$217M |
|
55
PUT
UnitedHealth
UNH
$364B
| $514M | 0.27% |
14,897
+10,562
| +244% | +$3.19M |
|
56
T-Mobile US
TMUS
$190B
| $511M | 0.27% |
2,132,607
+504,248
| +31% | +$122M |
|
|
57
CALL
Alphabet (Google) Class A
GOOGL
$4.2T
| $507M | 0.27% |
20,876
+11,173
| +115% | +$2.34M |
|
58
Texas Instruments
TXN
$253B
| $505M | 0.27% |
2,747,139
-532,788
| -16% | -$104M |
|
59
Salesforce
CRM
$158B
| $500M | 0.27% |
2,111,006
+367,926
| +21% | +$92.8M |
|
|
60
PUT
Alphabet (Google) Class C
GOOG
$4.19T
| $491M | 0.26% |
20,164
+7,692
| +62% | +$1.62M |
|
61
Costco
COST
$421B
| $491M | 0.26% |
530,261
-192,955
| -27% | -$185M |
|
62
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $489M | 0.26% |
6,028,438
-4,027,034
| -40% | -$324M |
|
63
Merck
MRK
$328B
| $481M | 0.26% |
5,730,421
-913,912
| -14% | -$75.3M |
|
64
Johnson & Johnson
JNJ
$629B
| $477M | 0.25% |
2,573,795
-685,509
| -21% | -$117M |
|
65
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $475M | 0.25% |
2,506,199
-678,628
| -21% | -$126M |
|
66
Progressive
PGR
$121B
| $475M | 0.25% |
1,924,812
+616,592
| +47% | +$152M |
|
67
VanEck Semiconductor ETF
SMH
$72B
| $471M | 0.25% |
1,441,965
-685,950
| -32% | -$203M |
|
68
Applied Materials
AMAT
$435B
| $468M | 0.25% |
2,283,579
-653,417
| -22% | -$119M |
|
69
Oracle
ORCL
$442B
| $461M | 0.25% |
1,638,169
-682,325
| -29% | -$174M |
|
70
Verizon
VZ
$195B
| $452M | 0.24% |
10,283,774
+1,583,934
| +18% | +$68.6M |
|
71
Mastercard
MA
$490B
| $443M | 0.24% |
779,428
-280,028
| -26% | -$161M |
|
72
American Express
AXP
$232B
| $436M | 0.23% |
1,312,012
+210,551
| +19% | +$67M |
|
73
CALL
Tesla
TSLA
$1.29T
| $434M | 0.23% |
9,749
+2,484
| +34% | +$862K |
|
74
Intuit
INTU
$91.6B
| $428M | 0.23% |
626,202
-9,328
| -1% | -$6.72M |
|
75
Linde
LIN
$221B
| $420M | 0.22% |
884,087
+90,208
| +11% | +$42.7M |
|
Similar funds
BNP Paribas Financial Markets's Q3 2025 Portfolio in Review
As of Q3 2025, BNP Paribas Financial Markets held 5,835 positions worth $187B, up 7.3% from $174B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
BNP Paribas Financial Markets withdrew a net $12.2B in Q3 2025, closing 285 positions and reducing 1,777 holdings. Its most notable exit was Hess, an estimated $52.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, BNP Paribas Financial Markets opened a new position in Sharplink Inc worth $25.1M.
- BNP Paribas Financial Markets's largest Q3 2025 buy was Sharplink Inc: 1,474,633 shares worth $25.1M.
- BNP Paribas Financial Markets added most to State Street SPDR S&P 500 ETF Trust in Q3 2025, an estimated $502M increase.
- BNP Paribas Financial Markets's biggest Q3 2025 reduction was NVIDIA, cutting an estimated $1.9B.
- BNP Paribas Financial Markets fully exited Hess in Q3 2025, selling an estimated $52.5M.
- BNP Paribas Financial Markets's ten largest holdings make up 18% of its $187B portfolio in Q3 2025.
- BNP Paribas Financial Markets opened 414 new positions and closed 285 in Q3 2025.
- BNP Paribas Financial Markets's portfolio value rose 7.3% quarter-over-quarter to $187B.
Based on BNP Paribas Financial Markets's 13F filing for Q3 2025, filed 13 Nov 2025.