Akuna Securities LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Akuna Securities LLC reported 3 stock positions worth $461.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 93.7% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 6.1%) and iShares Bitcoin Trust ETF (IBIT, 0.1%). Compared with Q1 2025, it opened 2 new positions, sold out of 1 and added to 1. The biggest buy was a new position in Invesco QQQ Trust Series 1 (QQQ) and the biggest sale an exit from Nvidia (NVDA).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001529090
Portfolio Value
$461.9M (Q2 2025)
SEC Filing
0001529090-25-000015 ↗ filed Jul 29, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $129.5M Q1 2024 Q2 2024: $411.5M Q2 2024 Q3 2024: $15.3M Q3 2024 Q4 2024: $573.1M Q4 2024 Q1 2025: $371.5M Q1 2025 Q2 2025: $461.9M $461.9M Q2 2025 Q3 2025: $696.1M Q3 2025 Q4 2025: $258.8M Q4 2025 Q1 2026: $199.2M Q1 2026 Q2 2026: $91.6M Q2 2026

Holdings 3 stocks · $461.9M
SPY SS SPDR S&P 500 ETF Trust-US 93.74% 700,767 $433.0M Add +8.2%
QQQ Invesco QQQ Trust Series 1 6.12% 51,273 $28.3M New
IBIT iShares Bitcoin Trust ETF 0.14% 10,254 $628K New

Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($7.9B), STATE STR SPDR S&P 500 ETF T calls ($6.1B), INVESCO QQQ TR calls ($3.1B), INVESCO QQQ TR puts ($2.3B), NVIDIA CORPORATION puts ($116.4M), NVIDIA CORPORATION calls ($80.9M), ISHARES BITCOIN TRUST ETF calls ($73.4M), ISHARES BITCOIN TRUST ETF puts ($45.9M), COINBASE GLOBAL INC puts ($35.0M), COINBASE GLOBAL INC calls ($26.3M).

Portfolio Sells Q1 2025 → Q2 2025
NVDA Nvidia Corp. Sold out 0.00% −2.48

Portfolio Buys Q1 2025 → Q2 2025
QQQ Invesco QQQ Trust Series 1 New 6.12% +6.12
IBIT iShares Bitcoin Trust ETF New 0.14% +0.14
SPY SS SPDR S&P 500 ETF Trust-US Add +8.2% 93.74% −3.78

Options Activity Q1 2025 → Q2 2025
STATE STR SPDR S&P 500 ETF T put Add +5.3% 12,814,200 $7.9B
STATE STR SPDR S&P 500 ETF T call Add +46.1% 9,922,300 $6.1B
INVESCO QQQ TR call Reduce -17.7% 5,612,500 $3.1B
INVESCO QQQ TR put Reduce -20.0% 4,203,900 $2.3B
NVIDIA CORPORATION put Add +74.3% 736,700 $116.4M
NVIDIA CORPORATION call Add +30.0% 511,900 $80.9M
ISHARES BITCOIN TRUST ETF call Add +5.5% 1,199,000 $73.4M
ISHARES BITCOIN TRUST ETF put Add +17.2% 749,400 $45.9M
COINBASE GLOBAL INC put New 100,000 $35.0M
COINBASE GLOBAL INC call New 75,000 $26.3M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$91.6MNVDA, IWM, SPCX, NFLX, IBIT
Q1 2026 12$199.2MSPY, QQQ, NVDA, TSLA, GLD
Q4 2025 11$258.8MSPY, NVDA, IBIT, TQQQ, IVV
Q3 2025 3$696.1MSPY, QQQ, IBIT
Q2 2025 3$461.9MSPY, QQQ, IBIT
Q1 2025 2$371.5MSPY, NVDA
Q4 2024 4$573.1MSPY, QQQ, IBIT, NVDA
Q3 2024 3$15.3MQQQ, GLD, NVDA
Q2 2024 1$411.5MSPY
Q1 2024 2$129.5MSPY, QQQ