BNP PARIBAS FINANCIAL MARKETS
SEC Form 13F institutional filer · CIK 0001166588
13F-HR · 520 reported holdings · 2026-03-31
Financial services firm, subsidiary of BNP Paribas.
Reported long-US-equity value
$116.25B
Top-10 concentration
26.0%
BNP PARIBAS FINANCIAL MARKETS — $116B AUM allocation strategy
BNP PARIBAS FINANCIAL MARKETS files SEC Form 13F and reports $116B of long US equity value across 520 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 17.7%, followed by Communication Services 5.6% and Consumer Discretionary 5.0%.
The top 10 holdings account for 26% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
BNP PARIBAS FINANCIAL MARKETS — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$116B
total across 520 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
26% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BLK +5.17M sh · +$613M+$ORCL +4.94M sh · +$536M+$XLB +4.74M sh · +$244M
Biggest trims (shares)
−$XLP −8.29M sh · −$636M−$AAPL −7.38M sh · −$2.22B−$CMCSA −7M sh · −$220M
Added from nil (new positions)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors9.0%—
- Interactive Media & Services5.6%—
- Systems Software4.1%—
- Broadline Retail2.7%—
- Technology Hardware, Storage & Peripherals2.6%—
- Automobile Manufacturers2.3%—
- Diversified Banks1.8%—
- Asset Management & Custody Banks1.4%—
- Other holdings70.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 32.3M | $5.63B | -2.18M | 4.8% |
| $MSFT | Microsoft Corporation | 12.8M | $4.75B | -140K | 4.1% |
| $AMZN | Amazon.com Inc | 15.2M | $3.16B | -3.2M | 2.7% |
| $AAPL | Apple Inc | 11.7M | $2.96B | -7.38M | 2.5% |
| $TSLA | Tesla Inc | 7.07M | $2.63B | +231K | 2.3% |
| $AVGO | Broadcom Inc | 7.81M | $2.42B | +765K | 2.1% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 8.07M | $2.32B | -234K | 2.0% |
| $GOOGL | Alphabet Inc | 7.8M | $2.24B | +1.95M | 1.9% |
| $JPM | JP Morgan Chase & Co | 7.04M | $2.07B | -873K | 1.8% |
…and 511 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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