§ 13F · FUND PROFILE
BNP PARIBAS FINANCIAL MARKETS.
French bank, derivatives, trading
AUM · $187272.2T (13F)Positions · 16840Turnover · 95% · Q4Filed · Feb 10, 2026
CONCENTRATION
17%
Top 10 holdings
NEW BUYS
+658
+$98295.6T deployed
EXITS
0
No exits
SECTOR SHIFT
OTHER → TECHNOLOGY
-0pp · +2pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 10, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA Corp | 34.49M | $6432.7T | 2.9% | NEW |
| 2 | MSFT | Microsoft Corp | 12.98M | $6278.5T | 2.8% | NEW |
| 3 | AAPL | Apple Inc | 19.05M | $5177.7T | 2.3% | NEW |
| 4 | AMZN | Amazon.com Inc | 18.38M | $4241.8T | 1.9% | NEW |
| 5 | META | Meta Platforms Inc | 4.88M | $3219.2T | 1.5% | NEW |
| 6 | TSLA | Tesla Inc | 6.84M | $3076.2T | 1.4% | NEW |
| 7 | GOOGL | Alphabet Inc | 8.31M | $2599.7T | 1.2% | NEW |
| 8 | JPM | JPMorgan Chase & Co | 7.91M | $2550.3T | 1.2% | NEW |
| 9 | AVGO | Broadcom Inc | 7.04M | $2437.1T | 1.1% | NEW |
| 10 | XBI | State Street SPDR S&P Biotech ETF | 16.59M | $2022.5T | 0.9% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Other37.6% (±0)
Technology13.4% (+2pp)
Semiconductors12.8% (+1pp)
Media6.9% (±0)
Retail6.3% (+1pp)
Financial Services4.7% (±0)
§ 03 · THE BNP SIGNAL
AC read
BNP PARIBAS FINANCIAL MARKETS is a Dealer / Bank fund managing $187272155.3 trillion in assets. The fund runs a massive portfolio of 16,840 positions, broad diversification across holdings. Trading activity is aggressive at 95% quarterly turnover, with 658 new positions and 0 exits last quarter. Top sector allocations: Other (38%), Technology (13%), Semiconductors (13%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Busy quarter
+658 buys · −0 exits · 18691 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed