ADAGE CAPITAL PARTNERS GP, L.L.C. Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$66.1B

Holdings

905

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (905 positions)

#StockSharesValue% PortfolioType
1
NVDANVIDIA CORPORATION
22,258,110$4.2B6.28%
2
AAPLAPPLE INC
13,226,554$3.6B5.44%
3
MSFTMICROSOFT CORP
6,627,143$3.2B4.85%
4
AMZNAMAZON COM INC
9,064,760$2.1B3.17%
5
GOOGLALPHABET INC
5,253,800$1.6B2.49%
6
AVGOBROADCOM INC
4,222,056$1.5B2.21%
7
METAMETA PLATFORMS INC
2,016,435$1.3B2.01%
8
GOOGALPHABET INC
4,179,120$1.3B1.98%
9
TSLATESLA INC
2,472,800$1.1B1.68%
10
LLYELI LILLY & CO
832,292$894.0M1.35%
11
BRK/BBERKSHIRE HATHAWAY INC DEL
1,643,469$826.0M1.25%
12
JPMJPMORGAN CHASE & CO.
2,428,466$782.0M1.18%
13
COPCONOCOPHILLIPS
7,037,277$658.0M1.00%
14
VVISA INC
1,507,340$528.0M0.80%
15
JNJJOHNSON & JOHNSON
2,210,913$457.0M0.69%
16
RPRXROYALTY PHARMA PLC
11,740,594$453.0M0.69%
17
WMTWALMART INC
3,873,326$431.0M0.65%
18
MAMASTERCARD INCORPORATED
730,560$417.0M0.63%
19
PGPROCTER AND GAMBLE CO
2,822,220$404.0M0.61%
20
NFLXNETFLIX INC
4,035,830$378.0M0.57%
21
PLTRPALANTIR TECHNOLOGIES INC
2,064,600$366.0M0.55%
22
HDHOME DEPOT INC
1,061,656$365.0M0.55%
23
ORCLORACLE CORP
1,870,116$364.0M0.55%
24
BACBANK AMERICA CORP
6,505,273$357.0M0.54%
25
ABBVABBVIE INC
1,508,715$344.0M0.52%
26
COSTCOSTCO WHSL CORP NEW
389,577$335.0M0.51%
27
BABOEING CO
1,534,944$333.0M0.50%
28
TMOTHERMO FISHER SCIENTIFIC INC
564,168$326.0M0.49%
29
XOMEXXON MOBIL CORP
2,661,722$320.0M0.48%
30
MUMICRON TECHNOLOGY INC
1,110,803$317.0M0.48%
31
DOVDOVER CORP
1,556,098$303.0M0.46%
32
CSCOCISCO SYS INC
3,907,721$301.0M0.46%
33
AMDADVANCED MICRO DEVICES INC
1,384,794$296.0M0.45%
34
UNHUNITEDHEALTH GROUP INC
864,352$285.0M0.43%
35
PRAXPRAXIS PRECISION MEDICINES I
965,313$284.0M0.43%
36
MRKMERCK & CO INC
2,687,850$282.0M0.43%
37
CNTACENTESSA PHARMACEUTICALS PLC
11,281,741$282.0M0.43%
38
CRMSALESFORCE INC
1,059,439$280.0M0.42%
39
GEGE AEROSPACE
886,363$273.0M0.41%
40
CVXCHEVRON CORP NEW
1,780,166$271.0M0.41%
41
IBMINTERNATIONAL BUSINESS MACHS
883,890$261.0M0.40%
42
WFCWELLS FARGO CO NEW
2,697,196$251.0M0.38%
43
KOCOCA COLA CO
3,425,082$239.0M0.36%
44
ROIVROIVANT SCIENCES LTD
10,677,894$231.0M0.35%
45
NSCNORFOLK SOUTHN CORP
798,093$230.0M0.35%
46
4I1PHILIP MORRIS INTL INC
1,406,954$225.0M0.34%
47
TERNTERNS PHARMACEUTICALS INC
5,550,000$224.0M0.34%
48
DISDISNEY WALT CO
1,961,725$223.0M0.34%
49
LRCXLAM RESEARCH CORP
1,291,620$221.0M0.33%
50
VNOMVIPER ENERGY INC
5,711,539$220.0M0.33%
51
CATCATERPILLAR INC
384,378$220.0M0.33%
52
HUBBHUBBELL INC
488,897$217.0M0.33%
53
OVVOVINTIV INC
5,462,109$214.0M0.32%
54
AONAON PLC
606,569$214.0M0.32%
55
ABTABBOTT LABS
1,681,202$210.0M0.32%
56
RTXRTX CORPORATION
1,142,869$209.0M0.32%
57
WMWASTE MGMT INC DEL
918,710$201.0M0.30%
58
BSXBOSTON SCIENTIFIC CORP
2,082,360$198.0M0.30%
59
FERGFERGUSON ENTERPRISES INC
889,472$198.0M0.30%
60
LINLINDE PLC
463,935$197.0M0.30%
61
ISRGINTUITIVE SURGICAL INC
340,505$192.0M0.29%
62
GSGOLDMAN SACHS GROUP INC
217,889$191.0M0.29%
63
RNAAVIDITY BIOSCIENCES INC
2,630,966$189.0M0.29%
64
JCIJOHNSON CTLS INTL PLC
1,555,271$186.0M0.28%
65
RVMDREVOLUTION MEDICINES INC
2,205,555$175.0M0.26%
66
SCHWSCHWAB CHARLES CORP
1,709,639$170.0M0.26%
67
EWEDWARDS LIFESCIENCES CORP
1,954,631$166.0M0.25%
68
WVEWAVE LIFE SCIENCES LTD
9,786,061$166.0M0.25%
69
DHRDANAHER CORPORATION
722,084$165.0M0.25%
70
MCDMCDONALDS CORP
541,602$165.0M0.25%
71
BACVERIZON COMMUNICATIONS INC
4,035,772$164.0M0.25%
72
APPAPPLOVIN CORP
244,400$164.0M0.25%
73
AMATAPPLIED MATLS INC
641,726$164.0M0.25%
74
TRVCCITIGROUP INC
1,399,186$163.0M0.25%
75
DVNDEVON ENERGY CORP NEW
4,456,292$163.0M0.25%
76
DWDMORGAN STANLEY
922,634$163.0M0.25%
77
INTUINTUIT
241,700$160.0M0.24%
78
QCOMQUALCOMM INC
938,521$160.0M0.24%
79
TAT&T INC
6,407,539$159.0M0.24%
80
SRESEMPRA
1,754,370$154.0M0.23%
81
BKNGBOOKING HOLDINGS INC
28,350$151.0M0.23%
82
GEVGE VERNOVA INC
229,899$150.0M0.23%
83
INTCINTEL CORP
4,070,054$150.0M0.23%
84
PEPPEPSICO INC
1,032,879$148.0M0.22%
85
UBERUBER TECHNOLOGIES INC
1,818,000$148.0M0.22%
86
APHAMPHENOL CORP NEW
1,092,620$147.0M0.22%
87
SPGIS&P GLOBAL INC
274,620$143.0M0.22%
88
ACNACCENTURE PLC IRELAND
534,822$143.0M0.22%
89
MTDRMATADOR RES CO
3,365,997$142.0M0.21%
90
AXPAMERICAN EXPRESS CO
381,588$141.0M0.21%
91
CSXCSX CORP
3,832,708$138.0M0.21%
92
EQIXEQUINIX INC
180,668$138.0M0.21%
93
CVSCVS HEALTH CORP
1,721,266$136.0M0.21%
94
NOWSERVICENOW INC
891,900$136.0M0.21%
95
COFCAPITAL ONE FINL CORP
548,928$133.0M0.20%
96
SWXSOUTHWEST GAS HLDGS INC
1,648,496$131.0M0.20%
97
PHPARKER-HANNIFIN CORP
147,168$129.0M0.20%
98
ROSTROSS STORES INC
712,586$128.0M0.19%
99
KLACKLA CORP
104,854$127.0M0.19%
100
DDOMINION ENERGY INC
2,141,911$125.0M0.19%
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