BNP Paribas Financial Markets Portfolio holdings

AUM $129B

1-Year Return 16.6%

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.

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Return

+3.73%

1 Year Return

+16.6%

3 Year Return

+55.5%

5 Year Return

+79.05%

10 Year Return

+178.41%

AUM

$31.7B

AUM Growth

-$4.78B (-13%)

Cap. Flow

-$5.84B

Cap. Flow % of AUM

-18.42%

Top 10 Holdings % Top 10 Hldgs %

20.26%

Holding

3,728

New

240

Increased

2,370

Reduced

823

Closed

121

Top Buys

1	Alphabet (Google) Class C GOOG	+$467M
2	Alibaba BABA	+$273M
3	Citigroup C	+$263M
4	SPDR S&P Biotech ETF XBI	+$123M
5	Ambev ABEV	+$93.4M

Top Sells

1	SPDR S&P 500 ETF Trust SPY	+$1.35B
2	Apple AAPL	+$300M
3	Bank of America BAC	+$272M
4	Microsoft MSFT	+$252M
5	Amazon AMZN	+$235M

Sector Composition

1	Financials	12.19%
2	Technology	11.6%
3	Healthcare	10.11%
4	Communication Services	9.76%
5	Consumer Discretionary	9.48%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
2801	VIVS 2801 VivoSim Labs, Inc. Common Stock VIVS $10.9M	$36.4K	﹤0.01%	58 +43	+287%	+$27K
2802	CHCT 2802 Community Healthcare Trust CHCT $445M	$36.1K	﹤0.01%	1,410 +1,352	+2,331%	+$34.6K
2803	2803 EchoStar SATS $21.6B	$36.1K	﹤0.01%	733 -311	-30%	-$15.3K
2804	NVEE 2804 DELISTED NV5 Global NVEE	$36K	﹤0.01%	3,384 +3,164	+1,438%	+$33.6K
2805	2805 V2X VVX $1.71B	$35.9K	﹤0.01%	1,112 +1,084	+3,871%	+$35K
2806	2806 Citizens CIA $274M	$35.9K	﹤0.01%	4,869 +4,542	+1,389%	+$33.5K
2807	ALTA 2807 DELISTED Altabancorp Common Stock ALTA	$35.9K	﹤0.01%	1,339 +1,319	+6,595%	+$35.3K
2808	PHX 2808 DELISTED PHX Minerals PHX	$35.9K	﹤0.01%	1,553 +1,523	+5,077%	+$35.2K
2809	ORC 2809 Orchid Island Capital ORC $1.03B	$35.9K	﹤0.01%	727 +387	+114%	+$19.1K
2810	FFKT 2810 DELISTED Farmers Capital Bank Corp FFKT	$35.9K	﹤0.01%	930 +860	+1,229%	+$33.2K
2811	2811 Hovnanian Enterprises HOV $896M	$35.8K	﹤0.01%	511 +495	+3,094%	+$34.7K
2812	CONN 2812 DELISTED Conn's Inc. CONN	$35.8K	﹤0.01%	1,873 -146	-7%	-$2.79K
2813	FBNK 2813 DELISTED First Connecticut Bancorp, Inc FBNK	$35.8K	﹤0.01%	1,394 +1,365	+4,707%	+$35K
2814	GTS 2814 DELISTED Triple-S Management Corporation GTS	$35.6K	﹤0.01%	2,216 +2,162	+4,004%	+$34.8K
2815	2815 Sterling Infrastructure STRL $9.56B	$35.4K	﹤0.01%	+2,709	New	+$35.4K
2816	CIO 2816 City Office REIT CIO $281M	$35.4K	﹤0.01%	2,784 +2,652	+2,009%	+$33.7K
2817	NCOM 2817 DELISTED National Commerce Corporation NCOM	$35.2K	﹤0.01%	891 +886	+17,720%	+$35K
2818	DS 2818 DELISTED Drive Shack Inc. DS	$35.2K	﹤0.01%	11,176 +6,328	+131%	+$19.9K
2819	NUTR 2819 DELISTED Nutraceutical International Co NUTR	$35.1K	﹤0.01%	843 +824	+4,337%	+$34.3K
2820	NEWS 2820 DELISTED NewStar Financial, Inc. NEWS	$34.9K	﹤0.01%	3,327 +2,888	+658%	+$30.3K
2821	2821 Natural Gas Services Group NGS $335M	$34.7K	﹤0.01%	1,397 +1,311	+1,524%	+$32.6K
2822	2822 Westlake Chemical Partners WLKP $767M	$34.7K	﹤0.01%	1,400 +600	+75%	+$14.9K
2823	PTVCB 2823 DELISTED Protective Insurance Corporation Class B Common Stock PTVCB	$34.6K	﹤0.01%	1,414 +993	+236%	+$24.3K
2824	2824 Veritex Holdings VBTX $1.89B	$34.5K	﹤0.01%	1,312 +1,262	+2,524%	+$33.2K
2825	EBTC 2825 DELISTED Enterprise Bancorp EBTC	$34.5K	﹤0.01%	971 +953	+5,294%	+$33.9K