NEOS Investment Management LLC
Reported US equity positions for Q1 2026 — $19.8B across 575 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| NVDA NVIDIA Corporation | $1.5B | 7.4% | 8,368,130 |
| AAPL Apple Inc. | $1.3B | 6.5% | 5,104,395 |
| MSFT Microsoft Corporation | $948.7M | 4.8% | 2,563,011 |
| AMZN Amazon.com, Inc. | $739.1M | 3.7% | 3,548,690 |
| VTWO Vanguard Russell 2000 ETF | $661.6M | 3.3% | 6,604,674 |
| GOOGL Alphabet Inc. | $576.6M | 2.9% | 2,005,280 |
| TSLA Tesla, Inc. | $520.3M | 2.6% | 1,399,690 |
| META Meta Platforms, Inc. | $515.2M | 2.6% | 900,412 |
| GOOG Alphabet Inc. - Class C Capital Stock | $503.6M | 2.5% | 1,755,395 |
| AVGO Broadcom Inc. | $503.4M | 2.5% | 1,626,535 |
| WMT Walmart Inc. | $411.2M | 2.1% | 3,308,411 |
| COST Costco Wholesale Corporation | $306.5M | 1.5% | 307,608 |
| NFLX Netflix, Inc. | $281.7M | 1.4% | 2,929,475 |
| MU Micron Technology, Inc. | $263.5M | 1.3% | 780,025 |
| PLTR Palantir Technologies Inc. | $232.3M | 1.2% | 1,587,949 |
| AMD Advanced Micro Devices, Inc. | $229.1M | 1.2% | 1,126,400 |
| CSCO Cisco Systems, Inc. | $211.9M | 1.1% | 2,730,991 |
| AMAT Applied Materials, Inc. | $188.0M | 1.0% | 550,100 |
| LRCX Lam Research Corporation | $184.6M | 0.9% | 864,150 |
| G54950103 Linde PLC | $159.8M | 0.8% | 322,422 |
| IEFA iShares Core MSCI EAFE ETF | $148.2M | 0.7% | 1,636,608 |
| PEP PepsiCo, Inc. | $147.4M | 0.7% | 949,212 |
| INTC Intel Corporation | $144.4M | 0.7% | 3,272,938 |
| TMUS T-Mobile US, Inc. | $142.1M | 0.7% | 676,409 |
| IBIT iShares Bitcoin Trust ETF | $134.1M | 0.7% | 3,490,675 |
| KLAC KLA Corporation | $132.7M | 0.7% | 90,102 |
| AMGN Amgen Inc. | $130.2M | 0.7% | 369,940 |
| BRK.B Berkshire Hathaway Inc. | $129.7M | 0.7% | 270,595 |
| TXN Texas Instruments Incorporated | $121.5M | 0.6% | 625,863 |
| GILD Gilead Sciences, Inc. | $119.0M | 0.6% | 854,005 |
| JPM JP Morgan Chase & Co. | $118.3M | 0.6% | 402,050 |
| ISRG Intuitive Surgical, Inc. | $112.7M | 0.6% | 244,533 |
| LLY Eli Lilly and Company | $108.0M | 0.5% | 117,395 |
| ADI Analog Devices, Inc. | $107.4M | 0.5% | 337,486 |
| XOM ExxonMobil Holdings Corporation | $105.2M | 0.5% | 620,322 |
| HODL VanEck Bitcoin Trust | $103.0M | 0.5% | 5,374,907 |
| HONGBP Honeywell Intl INC | $99.1M | 0.5% | 438,559 |
| QCOM QUALCOMM Incorporated | $94.6M | 0.5% | 734,528 |
| BKNG Booking Holdings Inc. | $92.5M | 0.5% | 21,961 |
| AAAU Goldman Sachs Physical Gold ETF Shares | $91.1M | 0.5% | 1,973,160 |
| PANW Palo Alto Networks, Inc. | $89.8M | 0.5% | 560,105 |
| JNJ Johnson & Johnson | $86.5M | 0.4% | 354,044 |
| INTU Intuit Inc. | $82.5M | 0.4% | 190,819 |
| APP Applovin Corporation | $82.2M | 0.4% | 206,633 |
| AGG iShares Core U.S. Aggregate Bond ETF | $81.3M | 0.4% | 821,784 |
| BND Vanguard Total Bond Market ETF | $81.3M | 0.4% | 1,107,859 |
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $78.9M | 0.4% | 665,331 |
| VRTX Vertex Pharmaceuticals Incorporated | $77.7M | 0.4% | 174,087 |
| V Visa Inc. | $74.8M | 0.4% | 247,635 |
| CMCSA Comcast Corporation | $70.9M | 0.4% | 2,499,772 |
| SBUX Starbucks Corporation | $69.7M | 0.4% | 777,715 |
| ADBE Adobe Inc. | $69.4M | 0.4% | 285,676 |
| CEG Constellation Energy Corporation - Common Stock When-Issued | $67.1M | 0.3% | 240,268 |
| CRWD CrowdStrike Holdings, Inc. | $66.6M | 0.3% | 170,689 |
| WDC Western Digital Corporation | $63.1M | 0.3% | 233,321 |
| N07059210 Asml Hldg Nv | $62.9M | 0.3% | 47,608 |
| MA Mastercard Incorporated | $60.0M | 0.3% | 120,174 |
| MAR Marriott International | $58.0M | 0.3% | 177,325 |
| WMB The Williams Companies, Inc. | $57.9M | 0.3% | 795,629 |
| G7997R103 Seagate Technology Hldngs Pl | $57.5M | 0.3% | 146,758 |
Long US equity positions only, as filed. 13F does not cover short positions, cash, bonds or non-US listings, so this is not the whole portfolio.
What a 13F is
Any institutional manager exercising discretion over more than $100 million in US-listed equities must file a Form 13F with the SEC within 45 days of each quarter end, listing what they held on the last day of that quarter. The threshold was set in 1975 and has never been raised, so the filer population now runs to several thousand.
The four things it does not tell you
- It is stale. A filing describes positions as of quarter end and can arrive 45 days later. A manager who sold everything in week one of the new quarter files the same document as one who held.
- Long US equities only. No short positions, no cash, no bonds, no commodities, no foreign listings. A fund that looks heavily long in a 13F may be hedged in instruments that never appear.
- Not the whole firm. Assets are reported by the entity with discretion, so one manager can file under several CIKs, and the figure here is what that entity reported.
- Confidential treatment exists. A manager can apply to delay disclosing a position while building it. Those holdings appear later, if at all.
Why the biggest filers are not the interesting ones
The largest managers by reported value are index providers — they hold nearly everything, in proportion to the indices they track, because clients asked them to. Reading their filings for conviction is a category error. The filings worth attention are concentrated ones, where a small number of positions make up most of the portfolio, since that reflects a decision rather than a mandate.
The share-of-portfolio column is the one to read for this. A position that is 15% of a fund says something; the same dollar amount at 0.2% of an index tracker does not.
Where this comes from
The SEC's own quarterly Form 13F structured data sets, parsed here rather than bought from a vendor. Holdings are identified in the filings by CUSIP, and the mapping from CUSIP to ticker is the awkward part — that identifier is licensed rather than public, so the mapping is resolved through OpenFIGI and built up over time. Around 95% of reported value currently sits on a resolved ticker; the rest shows its CUSIP.
The rest of the section is on the Markets overview — including insider transactions, which are the same idea at the individual level, and the correlation finder, where each ticker's page carries its institutional ownership.