§ 13F · FUND PROFILE
BNP PARIBAS FINANCIAL MARKETS.
French bank, derivatives, trading
AUM · $288.9B (13F)Positions · 18130Turnover · 25% · Q2Filed · Aug 13, 2026
CONCENTRATION
15%
Top 10 holdings
NEW BUYS
+414
+$2.2B deployed
EXITS
0
No exits
SECTOR SHIFT
OTHER → SEMICONDUCTORS
-5pp · +5pp
§ 01 · TOP HOLDINGS
The book · Q2 2026
FILED AUG 13, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | MU | Micron Technology Inc | 8.10M | $9.3B | 3.2% | +74% |
| 2 | NVDA | NVIDIA Corp | 33.24M | $6.7B | 2.3% | +3% |
| 3 | AMZN | Amazon.com Inc | 16.82M | $4.0B | 1.4% | +11% |
| 4 | TSLA | Tesla Inc | 9.04M | $3.8B | 1.3% | +27% |
| 5 | GOOGL | Alphabet Inc | 9.90M | $3.5B | 1.2% | +23% |
| 6 | AMD | Advanced Micro Devices Inc | 5.86M | $3.4B | 1.2% | +36% |
| 7 | AAPL | Apple Inc | 10.80M | $3.1B | 1.1% | −7% |
| 8 | SPY | State Street SPDR S&P 500 ETF Trust | 40K | $3.0B | 1.0% | — |
| 9 | MSFT | Microsoft Corp | 7.32M | $2.7B | 0.9% | −43% |
| 10 | XBI | State Street SPDR S&P Biotech ETF | 16.78M | $2.7B | 0.9% | −21% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other32.6% (−5pp)
Semiconductors17.5% (+5pp)
Technology10.3% (−2pp)
Media5.1% (−1pp)
Retail4.8% (−1pp)
Financial Services3.7% (−1pp)
§ 03 · THE BNP SIGNAL
AC read
BNP PARIBAS FINANCIAL MARKETS is a Dealer / Bank fund managing $288.9 billion in assets. The fund runs a massive portfolio of 18,130 positions, broad diversification across holdings. The fund is an active trader with 25% quarterly turnover, with 414 new positions and 0 exits last quarter. Top sector allocations: Other (33%), Semiconductors (18%), Technology (10%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
4 OF 2 FILINGS MEASURED
Q2 2026
Busy quarter
+414 buys · −0 exits · 4133 changed
Q1 2026
Busy quarter
+464 buys · −0 exits · 4163 changed
Q4 2025
Busy quarter
+448 buys · −0 exits · 4135 changed
Q3 2025
Busy quarter
+4746 buys · −0 exits · 0 changed