Alphadyne Asset Management LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Alphadyne Asset Management LP reported 7 stock positions worth $223.6 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 63.1% of the portfolio, followed by Microsoft (MSFT, 34.6%) and SS SPDR S&P Regional Bank (KRE, 1.0%). Compared with Q1 2024, it opened 7 new positions and sold out of 1. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale an exit from Alphabet Class C (GOOG).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001535943
- Portfolio Value
- $223.6M (Q2 2024)
- SEC Filing
- 0001535943-24-000007 ↗ filed Aug 14, 2024
Holdings Value
Holdings 7 stocks · $223.6M
| SPY SS SPDR S&P 500 ETF Trust-US | 63.08% | 259,188 | $141.1M | New |
| MSFT Microsoft Corp. | 34.58% | 173,000 | $77.3M | New |
| KRE SS SPDR S&P Regional Bank | 1.04% | 47,278 | $2.3M | New |
| RSP Invesco S&P 500 Equal Weight | 0.73% | 10,000 | $1.6M | New |
| XLI SS Industrial Select Sector | 0.40% | 7,250 | $884K | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.14% | 3,945 | $304K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.03% | 148 | $71K | New |
Options reported separately and not counted above: GLD puts ($92.1M), QQQ calls ($74.4M), GLD calls ($31.3M), DIA puts ($21.2M), DIA calls ($19.0M), SPY calls ($15.1M), HYG calls ($14.7M), XLV calls ($14.2M), SPY puts ($13.1M), XLV puts ($12.3M), HYG puts ($11.8M), FXI calls ($6.3M), and 10 more.
Portfolio Sells Q1 2024 → Q2 2024
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −100.00 |
Portfolio Buys Q1 2024 → Q2 2024
| SPY SS SPDR S&P 500 ETF Trust-US | New | 63.08% | +63.08 |
| MSFT Microsoft Corp. | New | 34.58% | +34.58 |
| KRE SS SPDR S&P Regional Bank | New | 1.04% | +1.04 |
| RSP Invesco S&P 500 Equal Weight | New | 0.73% | +0.73 |
| XLI SS Industrial Select Sector | New | 0.40% | +0.40 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.14% | +0.14 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.03% | +0.03 |
Options Activity Q1 2024 → Q2 2024
| GLD SPDR Gold Shares | put | Reduce -13.9% | 428,200 | $92.1M |
| QQQ Invesco QQQ Trust Series 1 | call | New | 155,200 | $74.4M |
| DIA SS SPDR Dow Jones Indus Avg | put | New | 54,100 | $21.2M |
| IWM iShares Russell 2000 ETF | call | Sold out | 100,000 | $21.0Mbefore exit |
| IWM iShares Russell 2000 ETF | put | Sold out | 100,000 | $21.0Mbefore exit |
| LLY Eli Lilly & Co. | call | Sold out | 26,500 | $20.6Mbefore exit |
| DIA SS SPDR Dow Jones Indus Avg | call | New | 48,600 | $19.0M |
| NVO Novo-Nordisk A/S-Spons ADR | call | Sold out | 130,500 | $16.8Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 27,800 | $15.1M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | New | 191,000 | $14.7M |
| TLT iShares 20+ Year Treasury BD | put | Sold out | 150,000 | $14.2Mbefore exit |
| TLT iShares 20+ Year Treasury BD | call | Sold out | 150,000 | $14.2Mbefore exit |
| XLV SS Health Care Select Sector | call | New | 97,300 | $14.2M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 24,100 | $13.1M |
| XLV SS Health Care Select Sector | put | New | 84,200 | $12.3M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | New | 152,400 | $11.8M |
| DBC Invesco DB Commodity Index T | call | Sold out | 443,700 | $10.2Mbefore exit |
| DBA Invesco DB Agriculture Fund | call | Sold out | 400,000 | $9.9Mbefore exit |
| FXI iShares China Large-Cap ETF | call | Add +33.3% | 241,600 | $6.3M |
| COPX Global X Copper Miners ETF | call | New | 121,800 | $5.5M |
| BABA Alibaba Group Holding-SP ADR | call | New | 70,000 | $5.0M |
| EMB iShares JP Morgan Usd Emergi | put | Sold out | 50,000 | $4.5Mbefore exit |
| EMB iShares JP Morgan Usd Emergi | call | Sold out | 50,000 | $4.5Mbefore exit |
| FXI iShares China Large-Cap ETF | put | Sold out | 181,300 | $4.4Mbefore exit |
| XLI SS Industrial Select Sector | put | New | 30,400 | $3.7M |
| XLI SS Industrial Select Sector | call | New | 29,900 | $3.6M |
| URNM Sprott Uranium Miners ETF | call | Sold out | 70,000 | $3.5Mbefore exit |
| XLE SS Energy Select Sector | put | New | 34,500 | $3.1M |
| XLE SS Energy Select Sector | call | Reduce -78.0% | 33,000 | $3.0M |
| EEM iShares MSCI Emerging Market | call | Reduce -10.0% | 45,000 | $1.9M |
| EEM iShares MSCI Emerging Market | put | Reduce -15.8% | 42,100 | $1.8M |
| KWEB Kranesh Csi China Internet | call | New | 61,600 | $1.7M |
| NVDA Nvidia Corp. | call | Sold out | 17,000 | $1.5Mbefore exit |
| COIN Coinbase Global Inc. Class A | call | Sold out | 5,000 | $1.3Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | New | 2,600 | $1.2M |
| SMH Vaneck Semiconductor ETF | call | Sold out | 2,500 | $562Kbefore exit |
| MARA Mara Holdings Inc. | call | Sold out | 19,000 | $429Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 204 | $2.2B | SPY, QQQ, IWM, MU, MSFT |
| Q1 2026 | 251 | $764.6M | MSFT, CF, ADBE, TSM, GOOGL |
| Q4 2025 | 196 | $1.0B | SPY, QQQ, MSFT, WFC, GOOGL |
| Q3 2025 | 52 | $148.1M | SPY, IWM, QQQ, ITB, URA |
| Q2 2025 | 32 | $32.9M | QQQ, GLD, FXI, BABA, IWM |
| Q1 2025 | 3 | $353.9M | FXI, BABA, RSP |
| Q4 2024 | 10 | $241.2M | MSFT, NVDA, IWM, SPY, AAPL |
| Q3 2024 | 7 | $167.2M | MSFT, NVDA, IWM, FXI, SMH |
| Q2 2024 | 7 | $223.6M | SPY, MSFT, KRE, RSP, XLI |
| Q1 2024 | 1 | $49.5M | GOOG |