Bank of New York Mellon Corp

Bank of New York Mellon's 13F portfolio fell to $543.9B in Q1 2026 from $567.7B the prior quarter, with the decline driven less by fresh selling than by paring its largest technology weights. Microsoft was cut by roughly $7.2B, Apple by $3.2B, and Nvidia by $2.6B even as those three remained the book's anchors (NVDA 4.93%, AAPL 4.30%, MSFT 3.52%). Against that trim, the firm leaned into Texas Instruments (+$1.06B) and Walmart (+$550M) and opened new stakes in AT&T, Gilead, GE Vernova, and Verizon — a tilt toward telecom, defensives, and the energy-transition trade.