AI Portfolio Summary
In 2025 Q4, PAYDEN & RYGEL maintained a portfolio of 123 distinct positions. The most significant new addition to the portfolio was SPDR GOLD MINISHARES, which now represents 7.67% of the total fund value. The fund also reduced its exposure to CHEVRON by 29.5%.
Total Positions
123
Quarter
2025 Q4
Top Holding
GLDM (7.7%)
Top 10 Concentration
39.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 123
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
GLDM
SPDR GOLD MINIS...
|
ETF | 7.67% | — |
#1
Prev: #—
|
8.6 | 1,300,000 | no change |
NEW
|
1,300,000 | $110,981,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EMB
ISHARES JP MORG...
|
ETF | 6.68% | — |
#2
Prev: #—
|
7.7 | 1,002,967 | no change |
NEW
|
1,002,967 | $96,566,000 | 2013 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EMLC
VANECK JPM EM L...
|
ETF | 4.35% | — |
#3
Prev: #—
|
6.2 | 2,435,462 | no change |
NEW
|
2,435,462 | $62,884,000 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QQQM
INVESCO NASDAQ ...
|
ETF | 4.24% | 4.97% |
#4
3
Prev: #1
|
3.2 | no change | no change |
P
S
|
242,572 | $61,351,000 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LQD
ISHARES IBOXX I...
|
ETF | 3.54% | — |
#5
Prev: #—
|
5.4 | 464,396 | no change |
NEW
|
464,396 | $51,172,000 | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JPM
JPMORGAN CHASE
|
Financial Services | 3.39% | 4.26% |
#6
4
Prev: #2
|
1.9 | -10,600 | -6.5% |
P
S
|
152,150 | $49,026,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOGL
ALPHABET INC-CL...
|
Communication Services | 3.17% | 3.73% |
#7
4
Prev: #3
|
1.3 | -38,300 | -20.7% |
P
S
|
146,500 | $45,855,000 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MS
MORGAN STANLEY
|
Financial Services | 2.16% | 2.51% |
#8
3
Prev: #5
|
1.4 | -14,600 | -7.7% |
P
S
|
175,900 | $31,228,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
AMAZON.COM
|
Consumer Cyclical | 2.14% | 2.46% |
#9
3
Prev: #6
|
1.4 | -1,300 | -1.0% |
P
S
|
133,800 | $30,884,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WFC
WELLS FARGO
|
Financial Services | 2.03% | 2.43% |
#10
2
Prev: #8
|
1.3 | -34,400 | -9.8% |
P
S
|
315,000 | $29,358,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BAC
BANK OF AMERICA
|
Financial Services | 1.96% | 2.44% |
#11
4
Prev: #7
|
1.3 | -53,700 | -9.4% |
P
S
|
515,700 | $28,364,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BLK
BLACKROCK INC
|
Financial Services | 1.67% | 2.10% |
#12
2
Prev: #10
|
1.2 | 800 | 3.7% |
P
S
|
22,500 | $24,083,000 | 2010 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT
|
Technology | 1.63% | 1.69% |
#13
2
Prev: #15
|
3.2 | 9,400 | 23.9% |
P
S
|
48,730 | $23,567,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GE
GENERAL ELECTRI...
|
Industrials | 1.60% | 2.29% |
#14
5
Prev: #9
|
1.1 | -16,600 | -18.1% |
P
S
|
75,300 | $23,195,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRH
CRH PLC
|
Basic Materials | 1.55% | 1.86% |
#15
2
Prev: #13
|
1.1 | -6,900 | -3.7% |
P
S
|
180,000 | $22,464,000 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DUK
DUKE ENERGY
|
Utilities | 1.54% | 2.57% |
#16
12
Prev: #4
|
0.6 | -61,200 | -24.4% |
P
S
|
189,690 | $22,234,000 | 2012 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CSCO
CISCO SYSTEMS
|
Technology | 1.50% | 1.62% |
#17
3
Prev: #20
|
1.1 | -3,200 | -1.1% |
P
S
|
282,070 | $21,728,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WMT
WAL-MART STORES
|
Consumer Defensive | 1.49% | 1.77% |
#18
4
Prev: #14
|
1.1 | -13,700 | -6.6% |
P
S
|
193,100 | $21,513,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MRK
MERCK & CO
|
Healthcare | 1.44% | 1.38% |
#19
13
Prev: #32
|
1.1 | 190 | 0.1% |
P
S
|
198,100 | $20,852,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TJX
TJX COMPANIES
|
Consumer Cyclical | 1.44% | 1.69% |
#20
4
Prev: #16
|
1.1 | -5,000 | -3.6% |
P
S
|
135,700 | $20,845,000 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVS
CVS HEALTH CORP
|
Healthcare | 1.43% | 1.63% |
#21
2
Prev: #19
|
1.1 | -1,300 | -0.5% |
P
S
|
260,200 | $20,649,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
META
META PLATFORMS ...
|
Communication Services | 1.40% | 1.45% |
#22
6
Prev: #28
|
3.1 | 6,900 | 29.0% |
P
S
|
30,710 | $20,271,000 | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IBM
INTL BUSINESS M...
|
Technology | 1.39% | 1.64% |
#23
5
Prev: #18
|
1.1 | -2,400 | -3.4% |
P
S
|
67,900 | $20,113,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ITT
ITT
|
Industrials | 1.35% | 1.24% |
#24
15
Prev: #39
|
3.0 | 29,000 | 34.7% |
P
S
|
112,500 | $19,520,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
D
DOMINION RESOUR...
|
Utilities | 1.27% | 1.94% |
#25
13
Prev: #12
|
1.0 | -67,800 | -17.8% |
P
S
|
313,800 | $18,386,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ADI
ANALOG DEVICES
|
Technology | 1.24% | 1.39% |
#26
5
Prev: #31
|
1.0 | -2,300 | -3.4% |
P
S
|
66,000 | $17,899,000 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MCK
MCKESSON
|
Healthcare | 1.22% | 1.43% |
#27
2
Prev: #29
|
1.0 | -800 | -3.6% |
P
S
|
21,500 | $17,636,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GLW
CORNING
|
Technology | 1.17% | 1.51% |
#28
2
Prev: #26
|
1.0 | -28,600 | -12.9% |
P
S
|
193,400 | $16,934,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VOO
VANGUARD S&P 50...
|
ETF | 1.17% | 1.41% |
#29
1
Prev: #30
|
1.0 | -845 | -3.0% |
P
S
|
26,955 | $16,904,000 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
V
VISA INC-CL A
|
Financial Services | 1.14% | 1.56% |
#30
6
Prev: #24
|
1.0 | -8,000 | -14.5% |
P
S
|
47,100 | $16,518,000 | 2010 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SSNC
SS&C TECHNOLOGI...
|
Technology | 1.13% | 1.68% |
#31
14
Prev: #17
|
1.0 | -40,700 | -17.9% |
P
S
|
187,000 | $16,348,000 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DGX
QUEST DIAGNOSTI...
|
Healthcare | 1.12% | 1.49% |
#32
5
Prev: #27
|
0.9 | -800 | -0.8% |
P
S
|
93,400 | $16,208,000 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CMI
CUMMINS INC
|
Industrials | 1.10% | 0.81% |
#33
23
Prev: #56
|
2.9 | 8,100 | 35.1% |
P
S
|
31,200 | $15,926,000 | 2010 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AVGO
BROADCOM INC
|
Technology | 1.05% | 1.24% |
#34
4
Prev: #38
|
0.9 | -1,232 | -2.7% |
P
S
|
44,068 | $15,252,000 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPG
SIMON PROPERTY ...
|
Real Estate | 0.99% | 1.24% |
#35
2
Prev: #37
|
0.9 | -2,800 | -3.5% |
P
S
|
77,050 | $14,263,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PLD
PROLOGIS
|
Real Estate | 0.97% | 1.06% |
#36
8
Prev: #44
|
0.9 | -1,400 | -1.3% |
P
S
|
110,300 | $14,081,000 | 2015 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VZ
VERIZON COMMUNI...
|
Communication Services | 0.94% | 1.28% |
#37
2
Prev: #35
|
0.9 | -14,600 | -4.2% |
P
S
|
335,290 | $13,656,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RTX
RTX CORP
|
Industrials | 0.94% | 1.06% |
#38
7
Prev: #45
|
0.9 | -2,400 | -3.1% |
P
S
|
74,000 | $13,572,000 | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EPD
ENTERPRISE PROD...
|
Energy | 0.92% | 1.08% |
#39
3
Prev: #42
|
1.4 | no change | no change |
P
S
|
417,070 | $13,371,000 | 2011 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ABBV
ABBVIE
|
Healthcare | 0.90% | 1.10% |
#40
1
Prev: #41
|
0.9 | -400 | -0.7% |
P
S
|
57,010 | $13,026,000 | 2013 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FITB
FIFTH THIRD BAN...
|
Financial Services | 0.88% | 0.90% |
#41
10
Prev: #51
|
2.4 | 28,400 | 11.7% |
P
S
|
272,000 | $12,732,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JNJ
JOHNSON & JOHNS...
|
Healthcare | 0.88% | 1.00% |
#42
5
Prev: #47
|
0.9 | -3,500 | -5.4% |
P
S
|
61,400 | $12,707,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EXC
EXELON
|
Utilities | 0.87% | 1.52% |
#43
18
Prev: #25
|
0.3 | -118,600 | -29.2% |
P
S
|
287,310 | $12,524,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MCD
MCDONALD'S
|
Consumer Cyclical | 0.86% | 1.05% |
#44
2
Prev: #46
|
0.8 | -900 | -2.2% |
P
S
|
40,700 | $12,439,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AXP
AMERICAN EXPRES...
|
Financial Services | 0.81% | 0.90% |
#45
5
Prev: #50
|
0.8 | -900 | -2.8% |
P
S
|
31,800 | $11,764,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ETN
EATON
|
Industrials | 0.80% | 1.28% |
#46
12
Prev: #34
|
0.8 | -5,000 | -12.1% |
P
S
|
36,200 | $11,530,000 | 2011 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GILD
GILEAD SCIENCES
|
Healthcare | 0.77% | 0.84% |
#47
8
Prev: #55
|
1.3 | no change | no change |
P
S
|
91,280 | $11,204,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
NVIDIA
|
Technology | 0.77% | 0.52% |
#48
17
Prev: #65
|
3.3 | 26,170 | 78.1% |
P
S
|
59,670 | $11,128,000 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SYK
STRYKER
|
Healthcare | 0.76% | 0.99% |
#49
1
Prev: #48
|
0.8 | -1,200 | -3.7% |
P
S
|
31,100 | $10,931,000 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVX
CHEVRON
|
Energy | 0.75% | 1.29% |
#50
17
Prev: #33
|
0.3 | -29,600 | -29.5% |
P
S
|
70,800 | $10,791,000 | 2010 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 123 holdings