Top Institutional Investors

PAYDEN & RYGEL — 13F Holdings & Portfolio

CIK 919219 · latest 13F-HR filed 2026-10-28

Backtest portfolio

PAYDEN & RYGEL manages $1.28B in 13F-reported U.S. long-equity assets across 129 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are GLD (5.48%), MSFT (5.34%), EMLC (4.50%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 10 new positions and exited 12; 34 existing positions rose in reported value and 48 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$1.28B

Long-equity book

Holdings
129

Distinct positions

Period
2026-09-30

Filed 2026-10-28

Q/Q Activity
+10 / −12 / ↑34 / ↓48

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
GLD5.5% · +40%MSFT5.3% · +45%EMLC4.5% · +50%AAPL4.0% · +10%AMZN3.9% · +21%JPM3.1% · -0%GOOGL2.9% · +1%MS2.4% · -0%MRK2.3% · -0%NVDA2.1% · +2%VLO2.0% · -0%CSCO1.9% · -19%ADI1.8% · -16%META1.8% · +33%CVS1.7% · +19%RTX1.7% · 0%CVX1.6% · -20%ET1.6% · 0%ABBV1.5% · -0%WMT1.5% · +21%GILD1.5% · -0%GE1.5% · -0%DUK1.4% · -18%BAC1.4% · -0%MCK1.4% · -0%JNJ1.3% · 0%LLY1.3% · 0%SPG1.3% · -0%VOO1.3% · -8%ITT1.3% · -0%AVGO1.2% · -0%AME1.2% · -0%ETN1.2% · -0%JCI1.2% · +9%HPE1.2% · -0%GLW1.2% · -22%EPD1.2% · 0%DGX1.1% · -33%D1.1% · -24%ADP1.1% · newCRM1.1% · newTXN1.1% · +0%V1.1% · -0%AJG1.0% · -0%VTR1.0% · -0%NUE1.0% · +2%DAL1.0% · newPH1.0% · +93%BLK1.0% · +1%PLD0.9% · -21%CAT0.8% · +4333%TGT0.8% · -0%FITB0.8% · -20%SPTB0.7% · +20%MET0.7% · 0%PWR0.7% · newLIN0.6% · +5219%KO0.6% · -0%HLT0.5% · -19%WAB0.5% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

7 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 35.9%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Jul 15, 2026.

Assets Under Management
$158.23B
Discretionary
$158.22B
Employees
194
Accounts
895
Address
333 S. GRAND AVENUE
40TH FLOOR
LOS ANGELES, CA 90071
Phone
(213) 625-1900
Website
Name Title / Status Ownership Type
HERSH, BRADLEY, FORREST ControlMANAGING DIRECTOR, DIRECTOR AND TREASURER
since Jul 2023
Less than 5%Individual
LAKE, LAURA, ELIZABETH ControlMANAGING DIRECTOR AND DIRECTOR
since Mar 2025
Less than 5%Individual
MATTHEWS, BRIAN, WEBB ControlMANAGING DIRECTOR, CFO, DIRECTOR AND SHAREHOLDER
since Mar 1994
5–10%Individual
MORRISON, GREGORY, TYLER ControlMANAGING DIRECTOR AND DIRECTOR
since Mar 2025
Less than 5%Individual
PAYDEN, JOAN, ANN ControlPRESIDENT AND CEO, DIRECTOR & SHAREHOLDER
since Aug 1983
50–75%Individual
PISHVA, REZA, NMN ControlMANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER
since Jul 2023
Less than 5%Individual
Ownership & leadership changes · 7 filings with changes since Mar 30, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 31, 2026 filing
  • ChangedLAKE, LAURA, ELIZABETH · title DIRECTOR → MANAGING DIRECTOR AND DIRECTOR
  • ChangedPISHVA, REZA, NMN · title DIRECTOR, CHIEF COMPLIANCE OFFICER → MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER
Mar 28, 2025 filing
  • AddedHERSH, BRADLEY, FORREST · MANAGING DIRECTOR, DIRECTOR AND TREASURER · Less than 5% · control person
  • AddedLAKE, LAURA, ELIZABETH · DIRECTOR · Less than 5% · control person
  • Listed againMORRISON, GREGORY, TYLER · MANAGING DIRECTOR AND DIRECTOR · Less than 5% · control person
Mar 28, 2024 filing
  • No longer listedGARLOCK, EDWARD, SANFERN · MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER AND SHAREHOLDER · Less than 5% · control person · listed since Oct 2004
  • AddedPISHVA, REZA, NMN · DIRECTOR, CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Mar 31, 2023 filing
  • ChangedGARLOCK, EDWARD, SANFERN · title MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, DIRECTOR AND SHAREHOLDER → MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER AND SHAREHOLDER
Mar 29, 2023 filing
  • No longer listedCRESWELL, ROBIN, BRUCE · MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER · Less than 5% · control person · listed since Jul 2002
  • No longer listedJOSHI, ASHA, BHATT · MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER · Less than 5% · control person · listed since Dec 2000
  • No longer listedMORRISON, GREGORY, TYLER · MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER · Less than 5% · control person · listed since Dec 2008
  • No longer listedSARNI, JAMES, PATRICK · MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER · Less than 5% · control person · listed since Apr 1995
  • No longer listedSYAL, MARY, BETH · MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER · Less than 5% · control person · listed since Jan 2011
Mar 31, 2022 filing
  • ChangedCRESWELL, ROBIN, BRUCE · title MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER → MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER
  • ChangedGARLOCK, EDWARD, SANFERN · title MANAGING PRINCIPAL, CHIEF COMPLIANCE OFFICER, DIRECTOR AND SHAREHOLDER → MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, DIRECTOR AND SHAREHOLDER
  • ChangedJOSHI, ASHA, BHATT · title MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER → MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER
  • ChangedMATTHEWS, BRIAN, WEBB · title MANAGING PRINCIPAL, CFO, DIRECTOR AND SHAREHOLDER → MANAGING DIRECTOR, CFO, DIRECTOR AND SHAREHOLDER
  • ChangedMORRISON, GREGORY, TYLER · title MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER → MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER
  • ChangedSARNI, JAMES, PATRICK · title MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER → MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER; ownership 5–10% → Less than 5%
  • ChangedSYAL, MARY, BETH · title MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER → MANAGING DIRECTOR, DIRECTOR AND SHAREHOLDER; ownership 5–10% → Less than 5%
Mar 28, 2022 filing
  • No longer listedWEINER, SCOTT, JAY · MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER · 5–10% · control person · listed since May 1998
Mar 30, 2012 filing (earliest on record)
  • ListedCRESWELL, ROBIN, BRUCE · MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER · Less than 5% · control person
  • ListedGARLOCK, EDWARD, SANFERN · MANAGING PRINCIPAL, CHIEF COMPLIANCE OFFICER, DIRECTOR AND SHAREHOLDER · Less than 5% · control person
  • ListedJOSHI, ASHA, BHATT · MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER · Less than 5% · control person
  • ListedMATTHEWS, BRIAN, WEBB · MANAGING PRINCIPAL, CFO, DIRECTOR AND SHAREHOLDER · 5–10% · control person
  • ListedMORRISON, GREGORY, TYLER · MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER · Less than 5% · control person
  • ListedPAYDEN, JOAN, ANN · PRESIDENT AND CEO, DIRECTOR & SHAREHOLDER · 50–75% · control person
  • ListedSARNI, JAMES, PATRICK · MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER · 5–10% · control person
  • ListedSYAL, MARY, BETH · MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER · 5–10% · control person
  • ListedWEINER, SCOTT, JAY · MANAGING PRINCIPAL, DIRECTOR AND SHAREHOLDER · 5–10% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 34 →

Top Trims

Show all 48 →

New Positions

Show all 10 →

Exited Positions

Show all 12 →

PAYDEN & RYGEL Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPDR GOLD TRUST GLD 78463V107 $69.9M 5.48% 183,650 SH
2 MICROSOFT MSFT 594918104 $68.2M 5.34% 133,050 SH
3 VANECK JPM EM LOCAL CURR BND EMLC 92189H300 $57.5M 4.50% 2,316,707 SH
4 APPLE AAPL 037833100 $50.5M 3.95% 151,510 SH
5 AMAZON.COM AMZN 023135106 $49.4M 3.87% 198,180 SH
6 JPMORGAN CHASE JPM 46625H100 $40.1M 3.14% 121,160 SH
7 ALPHABET INC-CL A GOOGL 02079K305 $36.6M 2.86% 106,273 SH
8 MORGAN STANLEY MS 617446448 $30.2M 2.37% 160,800 SH
9 MERCK & CO MRK 58933Y105 $29.2M 2.28% 200,660 SH
10 NVIDIA NVDA 67066G104 $26.5M 2.08% 116,180 SH
11 VALERO ENERGY VLO 91913Y100 $25.4M 1.98% 65,400 SH
12 CISCO SYSTEMS CSCO 17275R102 $24.9M 1.95% 231,446 SH
13 ANALOG DEVICES ADI 032654105 $22.6M 1.77% 57,090 SH
14 META PLATFORMS INC META 30303M102 $22.5M 1.76% 31,030 SH
15 CVS HEALTH CORP CVS 126650100 $22.3M 1.75% 260,340 SH
16 RTX CORP RTX 75513E101 $21.2M 1.66% 114,000 SH
17 CHEVRON CVX 166764100 $20.9M 1.63% 102,200 SH
18 ENERGY TRANSFER LP ET 29273V100 $20.0M 1.57% 1,012,090 SH
19 ABBVIE ABBV 00287Y109 $19.1M 1.50% 73,050 SH
20 WAL-MART STORES WMT 931142103 $19.1M 1.50% 183,860 SH
21 GILEAD SCIENCES GILD 375558103 $18.8M 1.47% 126,360 SH
22 GENERAL ELECTRIC GE 369604301 $18.7M 1.46% 59,825 SH
23 DUKE ENERGY DUK 26441C204 $18.1M 1.42% 159,140 SH
24 BANK OF AMERICA BAC 060505104 $17.8M 1.39% 327,200 SH
25 MCKESSON MCK 58155Q103 $17.4M 1.36% 20,340 SH
26 JOHNSON & JOHNSON JNJ 478160104 $17.2M 1.35% 64,900 SH
27 ELI LILLY & CO LLY 532457108 $17.0M 1.33% 14,670 SH
28 SIMON PROPERTY GROUP SPG 828806109 $16.6M 1.30% 82,820 SH
29 VANGUARD S&P 500 ETF VOO 922908363 $16.6M 1.30% 23,688 SH
30 ITT ITT 45073V108 $16.3M 1.27% 80,600 SH
31 BROADCOM INC AVGO 11135F101 $16.0M 1.25% 45,452 SH
32 AMETEK AME 031100100 $15.7M 1.23% 63,300 SH
33 EATON ETN G29183103 $15.4M 1.20% 35,780 SH
34 JOHNSON CONTROLS INTERNATIONAL JCI G51502105 $15.2M 1.19% 102,100 SH
35 HEWLETT PACKARD ENTERPRISE HPE 42824C109 $14.9M 1.17% 233,700 SH
36 CORNING GLW 219350105 $14.9M 1.16% 96,700 SH
37 ENTERPRISE PRODUCTS PARTNERS EPD 293792107 $14.9M 1.16% 417,070 SH
38 QUEST DIAGNOSTICS DGX 74834L100 $14.5M 1.14% 62,340 SH
39 DOMINION RESOURCES D 25746U109 $14.5M 1.13% 238,900 SH
40 AUTOMATIC DATA PROCESSING ADP 053015103 $14.4M 1.13% 55,900 SH
41 SALESFORCE.COM CRM 79466L302 $14.2M 1.11% 61,700 SH
42 TEXAS INSTRUMENTS TXN 882508104 $14.1M 1.10% 50,250 SH
43 VISA INC-CL A V 92826C839 $14.1M 1.10% 39,100 SH
44 ARTHUR J GALLAGHER & CO AJG 363576109 $13.3M 1.04% 58,460 SH
45 VENTAS VTR 92276F100 $13.1M 1.02% 153,540 SH
46 NUCOR NUE 670346105 $13.0M 1.02% 55,540 SH
47 DELTA AIR LINES INC DAL 247361702 $12.8M 1.00% 153,360 SH
48 PARKER HANNIFIN CORP PH 701094104 $12.7M 0.99% 13,280 SH
49 BLACKROCK INC BLK 09290D101 $12.3M 0.97% 11,660 SH
50 PROLOGIS PLD 74340W103 $11.6M 0.91% 89,400 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-28 $1.28B 129 0001193125-26-436263
2026-06-30 2026-07-31 $1.30B 131 0001193125-26-328627
2026-03-31 2026-05-12 $1.30B 114 0001193125-26-218603
2025-12-31 2026-02-06 $1.45B 115 0001193125-26-039852
2025-09-30 2025-11-10 $1.21B 113 0001193125-25-273905
2020-09-30 2020-11-10 $1.69B 124 0001567619-20-018961
2020-06-30 2020-08-12 $1.57B 115 0001567619-20-014906
Filer Information
Address
333 SOUTH GRAND
40TH FL
LOS ANGELES, CA 90071
Phone
(213) 830-4255
Filing Manager
PAYDEN & RYGEL
LOS ANGELES, CA
Signatory
Reza Pishva
General Counsel