MARSHALL WACE, LLP

CIK

1318757

Location

LONDON, X0

Portfolio Value

Large $74,298,123,241

Diversification

Diversified

Filing Date

Global Rank

#98 / 8,605 ▼ 6 · as of Mar 2026

Top Industry

Semiconductors 10.1%

3Y Alpha vs SPY

-2.5%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+64.1%

SPY

+76.5%

Annualised alpha

-2.9%

Max drawdown

−21.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

2,552 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

3.3%

−0.3 pts

Top 5

12.0%

−1.5 pts

Top 10

17.6%

−2.7 pts

HHI

Diversified−14

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.3%	$20,998,066,412	425
Consumer Cyclical	15.7%	$11,658,991,224	276
Healthcare	13.6%	$10,074,538,170	493
Financial Services	10.2%	$7,543,417,216	348
Industrials	7.8%	$5,781,335,888	344
Communication Services	5.8%	$4,304,131,748	101
Energy	5.2%	$3,889,466,258	134
Consumer Defensive	4.8%	$3,556,698,283	108
Basic Materials	2.9%	$2,132,311,188	156
Unclassified	2.2%	$1,614,038,712	11
Utilities	1.9%	$1,405,352,499	53
Real Estate	1.8%	$1,339,775,643	103

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
RIG	Transocean Ltd.	+16,005,764	16,043,764	$106,370,153
URG	Ur-Energy Inc	+10,537,505	13,284,672	$19,794,160
VTRS	Viatris Inc	+8,950,758	9,353,617	$126,367,364
KVUE	Kenvue Inc.	+8,321,785	14,148,561	$243,921,190
SMCI	Super Micro Computer, Inc.	+7,142,269	7,188,017	$163,671,146
HBAN	Huntington Bancshares Inc /Md/	+6,755,083	11,271,151	$176,393,511
NWL	Newell Brands Inc.	+6,528,490	7,363,057	$25,255,285
EOSE	Eos Energy Enterprises, Inc.	+6,429,328	6,611,495	$32,793,014
WULF	Terawulf Inc.	+6,188,098	9,374,298	$135,271,117
YMM	Full Truck Alliance Co. Ltd.	+5,882,512	7,964,011	$66,101,291
WIT	Wipro Ltd	+5,751,450	6,658,136	$14,115,248
OCGN	Ocugen, Inc.	+5,521,394	8,052,350	$14,574,752
COMP	Compass, Inc.	+5,480,269	8,913,317	$65,156,345
LWLG	Lightwave Logic, Inc.	+4,890,109	5,903,844	$41,504,022
SLB	Slb Limited/Nv	+4,795,105	5,927,507	$304,614,583
HAL	Halliburton Co	+4,536,041	4,544,791	$177,201,399
SMR	NUSCALE POWER Corp	+3,854,047	4,307,637	$46,694,784
RKT	Rocket Companies, Inc.	+3,754,363	15,534,232	$221,362,805
ALXO	Alx Oncology Holdings Inc	+3,730,840	3,757,216	$7,533,216
MAT	Mattel Inc /De/	+3,712,984	3,726,579	$54,147,192
GTLB	Gitlab Inc.	+3,460,627	3,830,243	$82,886,457
KLAR	Klarna Group plc	+3,352,262	3,940,613	$51,582,623
NOK	Nokia Corp	+3,351,334	9,974,479	$80,194,810
TME	Tencent Music Entertainment Group	+3,350,270	3,456,970	$32,080,681
ULCC	Frontier Group Holdings, Inc.	+3,178,369	4,031,519	$14,231,260
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GRAB	Grab Holdings Ltd	−45,819,470	26,633,927	$97,480,172
NU	Nu Holdings Ltd.	−21,318,293	10,158,192	$145,973,217
AAL	American Airlines Group Inc.	−18,912,041	7,057,345	$75,795,885
BBD	Bank Bradesco	−17,484,724	13,150,905	$48,000,802
AMC	Amc Entertainment Holdings, Inc.	−15,546,624	522,642	$512,189
F	Ford Motor Co	−15,115,769	5,550,548	$64,053,323
STLA	Stellantis N.V.	−13,257,386	1,887,859	$13,384,920
KHC	Kraft Heinz Co	−11,875,559	2,035,373	$45,775,536
BTG	B2gold Corp	−8,468,858	87,800	$397,734
BMY	Bristol Myers Squibb Co	−7,154,532	3,689,838	$223,788,674
WMT	Walmart Inc.	−6,900,329	2,145,356	$266,624,842
PBR	Petrobras - Petroleo Brasileiro SA	−6,482,595	2,929,986	$60,797,209
USB	US Bancorp De	−5,816,335	1,201,323	$62,480,809
GUTS	Fractyl Health, Inc.	−5,118,949	807,796	$369,969
KO	Coca Cola Co	−5,046,968	5,594,039	$425,426,664
UMC	United Microelectronics Corp	−4,533,912	205,414	$1,844,617
CRCL	Circle Internet Group, Inc.	−4,178,379	5,800,350	$553,411,391
PDD	PDD Holdings Inc.	−4,176,179	363,285	$37,120,460
EW	Edwards Lifesciences Corp	−3,929,250	1,996,377	$159,869,868
UBER	Uber Technologies, Inc	−3,794,174	2,899,238	$208,542,188
ARDX	Ardelyx, Inc.	−3,587,782	1,600,857	$9,589,133
INTC	Intel Corp	−3,551,984	8,916,824	$393,499,441
CDE	Coeur Mining, Inc.	−3,442,448	165,892	$3,113,792
KDP	Keurig Dr Pepper Inc.	−3,289,448	930,536	$24,501,012
ITUB	Itau Unibanco Holding S.A.	−3,127,983	179,355	$1,502,993
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
VLO	Valero Energy Corp/Tx	682,336	$168,591,578
COP	Conocophillips	1,237,713	$163,378,116
GPC	Genuine Parts Co	1,470,660	$155,522,294
APP	AppLovin Corp	355,222	$141,378,356
WELL	Welltower Inc.	675,946	$133,641,282
KEYS	Keysight Technologies, Inc.	413,342	$116,715,379
APD	Air Products & Chemicals, Inc.	363,511	$105,596,308
MUSA	Murphy USA Inc.	204,529	$101,031,188
AZN	Astrazeneca PLC	492,446	$97,120,199
VSNT	Versant Media Group, Inc.	2,493,428	$92,306,702
RMD	Resmed Inc	381,296	$85,593,325
JBL	Jabil Inc	318,819	$84,687,890
PAAS	Pan American Silver Corp	1,517,342	$82,892,393
EQH	Equitable Holdings, Inc.	2,021,093	$75,002,760
SHEL	Shell plc	769,779	$71,589,447
DDOG	Datadog, Inc.	534,454	$63,092,293
PBF	PBF Energy Inc.	1,231,802	$58,658,410
MCO	Moodys Corp /De/	131,265	$57,264,355
POOL	Pool Corp	280,710	$56,796,053
FROG	JFrog Ltd	1,182,701	$55,504,157
MOS	Mosaic Co	2,087,269	$53,225,358
IR	Ingersoll Rand Inc.	651,148	$52,169,976
NIO	NIO Inc.	8,369,102	$50,465,684
VG	Venture Global, Inc.	3,061,117	$48,243,203
UTHR	UNITED THERAPEUTICS Corp	75,977	$45,052,841
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
QNCX	Quince Therapeutics, Inc.	511,858	$342,944,860
EL	Estee Lauder Companies Inc	2,076,849	$217,487,626
DB	Deutsche Bank Aktiengesellschaft	5,518,473	$212,792,318
CPNG	Coupang, Inc.	8,640,896	$203,838,735
MDB	MongoDB, Inc.	479,500	$201,241,354
EOG	Eog Resources Inc	1,318,254	$138,429,852
CART	Maplebear Inc.	2,805,821	$126,205,827
ARM	Arm Holdings PLC /Uk	1,128,252	$123,329,225
AEO	American Eagle Outfitters Inc	4,466,789	$117,789,224
PG	PROCTER & GAMBLE Co	775,177	$111,090,615
SBUX	Starbucks Corp	1,017,919	$85,718,957
RGEN	Repligen Corp	516,336	$84,606,816
UBS	UBS Group AG	1,819,630	$84,267,064
DT	Dynatrace, Inc.	1,646,720	$71,368,844
CAG	Conagra Brands Inc.	4,107,507	$71,100,945
AEE	Ameren Corp	697,164	$69,618,796
BLK	BlackRock, Inc.	65,000	$69,572,100
GLPI	Gaming & Leisure Properties, Inc.	1,521,275	$67,985,778
NOC	Northrop Grumman Corp /De/	115,713	$65,980,709
GM	General Motors Co	759,793	$61,786,366
EXAS	EXACT SCIENCES CORP	581,573	$59,064,553
AMH	American Homes 4 Rent	1,698,687	$54,527,851
COR	Cencora, Inc.	155,300	$52,452,575
CPB	CAMPBELL'S Co	1,850,631	$51,577,084
INSP	Inspire Medical Systems, Inc.	531,079	$48,981,415
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2,552 positions · $74,298,123,241 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 2,552 positions by value · page 1 of 52

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	13,882,039	-1,238,118	$2,421,027,599	−14.1%	3.26%
AAPL	Apple Inc. Technology	Added	8,642,499	+1,654,580	$2,193,379,819	+15.5%	2.95%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,955,095	-3,082,786	$1,865,077,633	−32.9%	2.51%
MSFT	Microsoft Corp Technology	Added	4,003,798	+252,953	$1,482,085,904	−18.3%	1.99%
AMD	Advanced Micro Devices Inc Technology	Reduced	4,557,386	-384,417	$927,109,033	−12.4%	1.25%
GOOGL	Alphabet Inc. Communication Services	Reduced	3,179,883	-627,581	$914,407,154	−23.3%	1.23%
CVX	Chevron Corp Energy	Added	4,174,661	+2,888,232	$863,737,358	+340.5%	1.16%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	2,548,357	+834,951	$861,217,247	+65.4%	1.16%
AVGO	Broadcom Inc. Technology	Reduced	2,547,150	-862,095	$788,368,394	−33.2%	1.06%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	2,116,469	-39,454	$786,797,350	−18.9%	1.06%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Added	2,522,875	+576,407	$767,155,828	+37.2%	1.03%
MS	Morgan Stanley Financial Services	Added	4,197,269	+2,463,402	$690,744,557	+124.4%	0.93%
LLY	ELI LILLY & Co Healthcare	Reduced	661,274	-650,062	$608,219,984	−56.8%	0.82%
JNJ	Johnson & Johnson Healthcare	Reduced	2,377,922	-1,290,341	$581,259,252	−23.4%	0.78%
META	Meta Platforms, Inc. Communication Services	Reduced	1,003,768	-535,989	$574,285,783	−43.5%	0.77%
CRCL	Circle Internet Group, Inc. Financial Services	Reduced	5,800,350	-4,178,379	$553,411,391	−30.1%	0.74%
MELI	Mercadolibre Inc Consumer Cyclical	Added	314,994	+3,176	$544,630,923	−13.3%	0.73%
NFLX	Netflix Inc Communication Services	Added	5,499,798	+3,072,497	$528,805,577	+132.4%	0.71%
SLV	iShares Silver Trust	Reduced	7,672,977	-276,233	$522,836,652	+2.1%	0.70%
PLTR	Palantir Technologies Inc. Technology	Added	3,527,372	+1,253,717	$515,983,975	+27.7%	0.69%
GLD	Spdr Gold Trust	Added	1,183,762	+83,651	$509,360,950	+16.8%	0.69%
TMUS	T-Mobile US, Inc. Communication Services	Added	2,369,508	+1,644,089	$497,667,763	+237.9%	0.67%
PFE	Pfizer Inc Healthcare	Added	16,582,788	+2,120,874	$465,644,686	+29.3%	0.63%
KO	Coca Cola Co Consumer Defensive	Reduced	5,594,039	-5,046,968	$425,426,664	−42.8%	0.57%
UNH	Unitedhealth Group Inc Healthcare	Reduced	1,513,234	-443,904	$409,465,987	−36.6%	0.55%
INTC	Intel Corp Technology	Reduced	8,916,824	-3,551,984	$393,499,441	−14.5%	0.53%
AMAT	Applied Materials Inc /De Technology	Reduced	1,131,192	-85,296	$386,630,113	+23.7%	0.52%
ABNB	Airbnb, Inc. Consumer Cyclical	Added	3,033,731	+2,818,583	$383,099,548	+1212.0%	0.52%
ROST	Ross Stores, Inc. Consumer Cyclical	Added	1,692,826	+447,810	$366,716,894	+63.5%	0.49%
ALNY	Alnylam Pharmaceuticals, Inc. Healthcare	Added	1,099,318	+549,396	$363,731,344	+66.3%	0.49%
SNDK	Sandisk Corp Technology	Reduced	564,586	-439,114	$358,704,067	+50.6%	0.48%
MU	Micron Technology Inc Technology	Reduced	1,028,236	-114,480	$347,379,249	+6.5%	0.47%
ASML	Asml Holding NV Technology	Added	259,873	+198,238	$343,248,053	+420.5%	0.46%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Added	1,034,872	+989,078	$338,475,584	+2282.4%	0.46%
RDDT	Reddit, Inc. Communication Services	Added	2,494,274	+1,303,731	$335,853,992	+22.7%	0.45%
MRK	Merck & Co., Inc. Healthcare	Reduced	2,778,301	-1,191,168	$334,201,827	−20.0%	0.45%
QQQ	Invesco Qqq Trust, Series 1	Added	559,321	+81,940	$322,828,894	+10.1%	0.43%
GILD	Gilead Sciences, Inc. Healthcare	Added	2,310,515	+1,516,830	$322,016,474	+230.6%	0.43%
CASY	Caseys General Stores Inc Consumer Cyclical	Added	430,350	+335,669	$313,234,550	+498.6%	0.42%
MRVL	Marvell Technology, Inc. Technology	Added	3,095,315	+1,665,536	$306,590,948	+152.3%	0.41%
ACN	Accenture plc Technology	Added	1,540,520	+1,516,882	$305,469,709	+4716.6%	0.41%
FIVE	Five Below, Inc Consumer Cyclical	Reduced	1,334,617	-450,552	$304,933,290	−9.3%	0.41%
SLB	Slb Limited/Nv Energy	Added	5,927,507	+4,795,105	$304,614,583	+600.9%	0.41%
SHOP	Shopify Inc. Technology	Added	2,541,886	+641,767	$301,518,516	−1.4%	0.41%
ADI	Analog Devices Inc Technology	Added	940,414	+788,095	$299,183,308	+624.3%	0.40%
APH	Amphenol Corp /De/ Technology	Added	2,337,310	+1,845,717	$295,319,117	+344.5%	0.40%
COF	Capital One Financial Corp Financial Services	Added	1,552,481	+299,352	$283,219,106	−6.7%	0.38%
WMT	Walmart Inc. Consumer Defensive	Reduced	2,145,356	-6,900,329	$266,624,842	−73.5%	0.36%
DG	Dollar General Corp Consumer Defensive	Added	2,228,470	+542,300	$264,586,241	+18.2%	0.36%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	264,341	-290,089	$263,397,302	−44.9%	0.35%