BNP PARIBAS FINANCIAL MARKETS

Filed: 11/13/2025ACC: 0001166588-25-000040

📋 What this filing means

BNP PARIBAS FINANCIAL MARKETS filed this quarterly 13F‑HR report disclosing 5216 equity positions with a total reported market value of $187.27B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

5216

Positions

$187.27B

Total AUM (reported)

2.99B

Total Shares

Allocation by class

EQUITY$109.10B58.3%

OPTION$59.04B31.5%

FUND$17.00B9.1%

BOND$2.13B1.1%

WARRANT$4.11M0.0%

PREFERRED$1.51M0.0%

Portfolio Concentration

Top 3$15.85B8.5%

4–10$22.71B12.1%

11–25$23.60B12.6%

Rest$125.12B66.8%

Top 3 weight

8.5%

Top 10 weight

20.6%

Voting Authority Distribution

Total shares with voting rights: 1.90B

Sole

Full voting authority

1.83M

% of voting shares0.1%

Shared

Joint voting authority

1.90B

% of voting shares99.9%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole9

Shared0

Other5207

Dominant voting typeShared · 99.9% of voting shares

Institutional Holdings5216

Rows:

iShares Russell 2000 ETF

DFND

Option

Shares255.29K

TypeSH

Market value$6.18B

3.30%

Sole

0.00

Shared

25.53M

None

0.00

NASDAQ 100 Index

DFND

Option

Shares86.32K

TypeSH

Market value$5.18B

2.77%

Sole

0.00

Shared

8.63M

None

0.00

NVIDIA Corp

DFND

Equity

Shares24.07M

TypeSH

Market value$4.49B

2.40%

Sole

0.00

Shared

24.07M

None

0.00

Microsoft Corp

DFND

Equity

Shares7.31M

TypeSH

Market value$3.79B

2.02%

Sole

1.67K

Shared

7.31M

None

0.00

NVIDIA Corp

DFND

Option

Shares200.54K

TypeSH

Market value$3.74B

2.00%

Sole

0.00

Shared

20.05M

None

0.00

Tesla Inc

DFND

Option

Shares79.85K

TypeSH

Market value$3.55B

1.90%

Sole

0.00

Shared

7.99M

None

0.00

Meta Platforms Inc

DFND

Equity

Shares4.25M

TypeSH

Market value$3.12B

1.67%

Sole

0.00

Shared

4.25M

None

0.00

Apple Inc

DFND

Equity

Shares11.69M

TypeSH

Market value$2.98B

1.59%

Sole

0.00

Shared

11.69M

None

0.00

Tesla Inc

DFND

Equity

Shares6.32M

TypeSH

Market value$2.81B

1.50%

Sole

110.00

Shared

6.32M

None

0.00

SPDR S&P 500 ETF Trust

DFND

Option

Shares40.82K

TypeSH

Market value$2.72B

1.45%

Sole

3.60K

Shared

4.08M

None

0.00

Amazon.com Inc

DFND

Equity

Shares11.80M

TypeSH

Market value$2.59B

1.38%

Sole

9.08K

Shared

11.79M

None

0.00

iShares Core S&P 500 ETF

DFND

Fund

Shares3.19M

TypeSH

Market value$2.13B

1.14%

Sole

0.00

Shared

3.19M

None

0.00

Broadcom Inc

DFND

Equity

Shares5.90M

TypeSH

Market value$1.95B

1.04%

Sole

2.89K

Shared

5.90M

None

0.00

JPMorgan Chase & Co

DFND

Equity

Shares6.09M

TypeSH

Market value$1.92B

1.03%

Sole

0.00

Shared

6.09M

None

0.00

Alphabet Inc

DFND

Equity

Shares7.82M

TypeSH

Market value$1.90B

1.01%

Sole

0.00

Shared

7.82M

None

0.00

Amazon.com Inc

DFND

Option

Shares80.64K

TypeSH

Market value$1.77B

0.95%

Sole

0.00

Shared

8.06M

None

0.00

Microsoft Corp

DFND

Option

Shares31.45K

TypeSH

Market value$1.63B

0.87%

Sole

0.00

Shared

3.14M

None

0.00

Alphabet Inc

DFND

Option

Shares60.22K

TypeSH

Market value$1.46B

0.78%

Sole

0.00

Shared

6.02M

None

0.00

SPDR S&P 500 ETF Trust

DFND

Fund

Shares2.09M

TypeSH

Market value$1.39B

0.74%

Sole

0.00

Shared

2.09M

None

0.00

Advanced Micro Devices Inc

DFND

Option

Shares85.13K

TypeSH

Market value$1.38B

0.74%

Sole

0.00

Shared

8.51M

None

0.00

Apple Inc

DFND

Option

Shares50.69K

TypeSH

Market value$1.29B

0.69%

Sole

0.00

Shared

5.07M

None

0.00

iShares Russell 2000 ETF

DFND

Fund

Shares4.47M

TypeSH

Market value$1.08B

0.58%

Sole

0.00

Shared

4.47M

None

0.00

Broadcom Inc

DFND

Option

Shares32.62K

TypeSH

Market value$1.08B

0.57%

Sole

0.00

Shared

3.26M

None

0.00

Alphabet Inc

DFND

Equity

Shares4.17M

TypeSH

Market value$1.02B

0.54%

Sole

0.00

Shared

4.17M

None

0.00

Cisco Systems Inc

DFND

Equity

Shares14.75M

TypeSH

Market value$1.01B

0.54%

Sole

0.00

Shared

14.75M

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared
iShares Russell 2000 ETFDFND	Option	255.29K	SH	$6.18B 3.30%	0.00	25.53M
NASDAQ 100 IndexDFND	Option	86.32K	SH	$5.18B 2.77%	0.00	8.63M
NVIDIA CorpDFND	Equity	24.07M	SH	$4.49B 2.40%	0.00	24.07M
Microsoft CorpDFND	Equity	7.31M	SH	$3.79B 2.02%	1.67K	7.31M
NVIDIA CorpDFND	Option	200.54K	SH	$3.74B 2.00%	0.00	20.05M
Tesla IncDFND	Option	79.85K	SH	$3.55B 1.90%	0.00	7.99M
Meta Platforms IncDFND	Equity	4.25M	SH	$3.12B 1.67%	0.00	4.25M
Apple IncDFND	Equity	11.69M	SH	$2.98B 1.59%	0.00	11.69M
Tesla IncDFND	Equity	6.32M	SH	$2.81B 1.50%	110.00	6.32M
SPDR S&P 500 ETF TrustDFND	Option	40.82K	SH	$2.72B 1.45%	3.60K	4.08M
Amazon.com IncDFND	Equity	11.80M	SH	$2.59B 1.38%	9.08K	11.79M
iShares Core S&P 500 ETFDFND	Fund	3.19M	SH	$2.13B 1.14%	0.00	3.19M
Broadcom IncDFND	Equity	5.90M	SH	$1.95B 1.04%	2.89K	5.90M
JPMorgan Chase & CoDFND	Equity	6.09M	SH	$1.92B 1.03%	0.00	6.09M
Alphabet IncDFND	Equity	7.82M	SH	$1.90B 1.01%	0.00	7.82M
Amazon.com IncDFND	Option	80.64K	SH	$1.77B 0.95%	0.00	8.06M
Microsoft CorpDFND	Option	31.45K	SH	$1.63B 0.87%	0.00	3.14M
Alphabet IncDFND	Option	60.22K	SH	$1.46B 0.78%	0.00	6.02M
SPDR S&P 500 ETF TrustDFND	Fund	2.09M	SH	$1.39B 0.74%	0.00	2.09M
Advanced Micro Devices IncDFND	Option	85.13K	SH	$1.38B 0.74%	0.00	8.51M
Apple IncDFND	Option	50.69K	SH	$1.29B 0.69%	0.00	5.07M
iShares Russell 2000 ETFDFND	Fund	4.47M	SH	$1.08B 0.58%	0.00	4.47M
Broadcom IncDFND	Option	32.62K	SH	$1.08B 0.57%	0.00	3.26M
Alphabet IncDFND	Equity	4.17M	SH	$1.02B 0.54%	0.00	4.17M
Cisco Systems IncDFND	Equity	14.75M	SH	$1.01B 0.54%	0.00	14.75M

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