Latest BNP PARIBAS ARBITRAGE, SA Stock Portfolio

BNP PARIBAS ARBITRAGE, SA Performance:

2025 Q4: -2.23%YTD: 8.36%2024: 11.86%

Performance for 2025 Q4 is -2.23%, and YTD is 8.36%, and 2024 is 11.86%.

About BNP PARIBAS ARBITRAGE, SA and 13F Hedge Fund Stock Holdings

On 2026-02-10, the fund reported it's updated stock portfolio. In the 13F Holdings report, BNP PARIBAS FINANCIAL MARKETS reported an equity portfolio of $220.7 Billions as of 31 Dec, 2025.

The top stock holdings of BNP PARIBAS FINANCIAL MARKETS are NVDA, MSFT, AAPL. The fund has invested 2.9% of it's portfolio in NVIDIA CORP and 2.9% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off INTERPUBLIC GROUP OF COS INC (IPG), KELLANOVA (K) and VANGUARD HEALTH CARE ETF (VAW) stocks. They significantly reduced their stock positions in KONINKLIJKE PHILIPS NV, DIREXION DAILY FINANCIAL BULL 3X SHARES (BRZU) and INTER & CO INC (INTR). BNP PARIBAS FINANCIAL MARKETS opened new stock positions in IREN LTD, INVESCO KBW BANK ETF (CGW) and STATE STREET SPDR PORTFOLIO S&P 600 SMALL CAP ETF (BIL). The fund showed a lot of confidence in some stocks as they added substantially to PACER US CASH COWS 100 ETF (AFTY), AVALO THERAPEUTICS INC (AVTX) and FIDELITY MSCI ENERGY INDEX ETF (FBCG).

BNP PARIBAS ARBITRAGE, SA Annual Return Estimates Vs S&P 500

Our best estimate is that BNP PARIBAS FINANCIAL MARKETS made a return of -2.23% in the last quarter. In trailing 12 months, it's portfolio return was 8.36%.

Performance
S&P 500

New Buys

Ticker	$ Bought
iren ltd	158,677,000

New stocks bought by BNP PARIBAS ARBITRAGE, SA

Additions

Ticker	% Inc.
vanguard high dividend yield etf	17,493
ishares msci usa min vol factor etf	10,472
invesco s&p 500 momentum etf	1,586
netflix inc	1,298
state street consumer staples select sector spdr etf	1,180
vanguard ftse developed markets etf	1,062
state street spdr s&p regional banking etf	1,053
philip morris international inc	943

Additions to existing portfolio by BNP PARIBAS ARBITRAGE, SA

Reductions

Ticker	% Reduced
ishares core s&p 500 etf	-74.13
lululemon athletica inc	-60.99
bp plc	-59.47
merck & co inc	-57.88
international paper co	-56.09
ishares u.s. home construction etf	-49.41
cigna group	-46.72
ishares msci emerging markets etf	-43.7

BNP PARIBAS ARBITRAGE, SA reduced stake in above stock

Sold off

None of the stocks were completely sold off by BNP PARIBAS ARBITRAGE, SA

Sector Distribution

BNP PARIBAS FINANCIAL MARKETS has about 27.7% of it's holdings in Technology sector.

Sector	%
Technology	27.7
Others	19.5
Consumer Cyclical	9.9
Financial Services	8.9
Healthcare	8.5
Communication Services	7.6
Industrials	7
Consumer Defensive	3.6
Energy	2.4
Real Estate	1.8
Utilities	1.6
Basic Materials	1.6

Market Cap. Distribution

BNP PARIBAS FINANCIAL MARKETS has about 73.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	39.6
MEGA-CAP	33.7
UNALLOCATED	19.8
MID-CAP	5.2
SMALL-CAP	1.6

Stocks belong to which Index?

About 73% of the stocks held by BNP PARIBAS FINANCIAL MARKETS either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	68.7
Others	27
RUSSELL 2000	4.3

Top 5 Winners (%)		%
PRAX	praxis precision medicines inc	397.1 %
SOPA	society pass inc	300.0 %
	blue water acquisition corp iii	273.5 %
TERN	terns pharmaceuticals inc	270.6 %
COM	s&p 500 index	224.1 %

Top 5 Winners ($)		$
GOOG	alphabet inc	563.5 M
MU	micron technology inc	543.0 M
GOOG	alphabet inc	352.0 M
AMD	advanced micro devices inc	306.7 M
AAPL	apple inc	264.8 M

Top 5 Losers (%)		%
	alphaton capital corp	-89.8 %
CARA	tvardi therapeutics inc	-88.5 %
NFLX	netflix inc	-86.3 %
MREO	mereo biopharma group plc	-83.3 %
	korro bio inc	-82.4 %

Top 5 Losers ($)		$
NFLX	netflix inc	-4978.3 M
NOW	servicenow inc	-986.3 M
MSFT	microsoft corp	-348.3 M
META	meta platforms inc	-338.9 M
ORCL	oracle corp	-243.4 M

BNP PARIBAS ARBITRAGE, SA Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of BNP PARIBAS ARBITRAGE, SA

BNP PARIBAS FINANCIAL MARKETS has 4733 stocks in it's portfolio. About 17.2% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for BNP PARIBAS FINANCIAL MARKETS last quarter.

Last Reported on: 10 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.05	844,066	114,852,000	added	66.53

AAPL	apple inc	2.35	19,045,400	5,177,680,000	added	62.97

AAXJ	ishares msci acwi etf	0.17	2,620,110	370,719,000	added	269

AAXJ	ishares j.p. morgan usd emerging markets bond etf	0.16	3,556,460	342,416,000	added	15.92

AAXJ	ishares iboxx $ high yield corporate bond etf	0.13	3,560,160	287,056,000	reduced	-40.94

AAXJ	ishares u.s. home construction etf	0.04	893,414	86,035,800	reduced	-49.41

ABBV	abbvie inc	0.32	3,115,210	711,795,000	added	3.95

ABC	cencora inc	0.06	403,289	136,211,000	reduced	-26.39

ABNB	airbnb inc	0.21	3,461,070	469,736,000	added	74.76

ABT	abbott laboratories	0.17	2,959,180	370,755,000	added	14.08

ACGL	arch capital group ltd	0.03	781,024	74,915,800	added	43.49

ACN	accenture plc	0.11	893,613	239,756,000	reduced	-36.19

ACWV	ishares msci brazil etf	0.06	4,047,510	128,589,000	added	58.09

ADBE	adobe inc	0.22	1,405,530	491,921,000	reduced	-13.17

ADI	analog devices inc	0.37	3,009,480	816,171,000	added	24.74

ADP	automatic data processing inc	0.10	834,882	214,757,000	added	82.74

ADSK	autodesk inc	0.07	511,556	151,426,000	added	16.88

AEP	american electric power co inc	0.05	935,059	107,822,000	added	39.16

AFK	vaneck semiconductor etf	0.15	919,713	331,216,000	reduced	-36.22

AFK	vaneck gold miners etf usa	0.05	1,399,260	120,015,000	added	18.21