§ 13F · FUND PROFILE
PIMCO.
PIMCO is a leading fixed income investment manager known for pioneering the total return approach to bond investing, managing portfolios across government, corporate, and alternative credit markets. The firm is renowned for its macroeconomic expertise and active management strategies in global fixed income markets, though their holdings also include selective equity positions.
AUM · — (13F)Positions · 8Turnover · — · Q4Filed · Feb 17, 2026
CONCENTRATION
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Top 10 holdings
NEW BUYS
0
+$3984.0T deployed
EXITS
0
No exits
SECTOR SHIFT
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No prior quarter data
3YR HIT RATE
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Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 17, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | JHG | Janus Henderson Group plc | 31.87M | $1516.0T | 38.1% | NEW |
| 2 | GE | GE Aerospace | 4.03M | $1241.6T | 31.2% | NEW |
| 3 | SOLV | Solventum Corporation | 8.24M | $652.7T | 16.4% | NEW |
| 4 | FERG1GBX | Ferguson Plc New | 1.09M | $241.9T | 6.1% | NEW |
| 5 | WEN | Wendys Co. | 15.50M | $129.1T | 3.2% | NEW |
| 6 | WEN | Wendys Co. | 14.94M | $124.5T | 3.1% | NEW |
| 7 | IVZ | Invesco Ltd. | 2.97M | $78.0T | 2.0% | NEW |
| 8 | GEHC | GE HealthCare Technologies Inc. | 4K | $331.7B | 0.0% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE PIMCO SIGNAL
AC read
PIMCO's latest 13F filing reveals an intriguing equity portfolio structure that appears inconsistent with the firm's reputation as a premier fixed income manager. The disclosed holdings show extraordinary concentration in just a handful of positions, with Janus Henderson Group representing 38.1% of the equity portfolio at $1,516 trillion, followed by General Electric at 31.2% worth $1,241.6 trillion. The portfolio also includes substantial positions in Solventum at 16.4% and Ferguson plc at 6.1%, suggesting a highly concentrated approach that differs markedly from typical institutional diversification strategies.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed