Aquatic Capital Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Aquatic Capital Management LLC reported 1,345 stock positions worth $5.4 billion. Its top holding was Palantir Technologies Class A (PLTR) at 1.5% of the portfolio, followed by Robinhood Markets Class A (HOOD, 1.5%) and Microsoft (MSFT, 1.5%). Compared with Q2 2025, it opened 520 new positions, sold out of 384, added to 369 and reduced 455. The biggest buy was a new position in Robinhood Markets Class A (HOOD) and the biggest sale Walmart (WMT, shares −100%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001803916
Portfolio Value
$5.4B (Q3 2025)
SEC Filing
0001803916-25-000015 ↗ filed Nov 14, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $3.1B Q1 2024 Q2 2024: $2.7B Q2 2024 Q3 2024: $3.8B Q3 2024 Q4 2024: $3.7B Q4 2024 Q1 2025: $3.9B Q1 2025 Q2 2025: $4.9B Q2 2025 Q3 2025: $5.4B $5.4B Q3 2025 Q4 2025: $3.5B Q4 2025 Q1 2026: $3.5B Q1 2026 Q2 2026: $2.9B Q2 2026

Holdings 1,345 stocks · $5.4B
PLTR Palantir Technologies Inc. Class A 1.52% 449,501 $82.0M Add +64.2%
HOOD Robinhood Markets Inc. Class A 1.49% 560,709 $80.3M New
MSFT Microsoft Corp. 1.47% 153,100 $79.3M New
META Meta Platforms Inc. Class A 1.29% 94,351 $69.3M Add +21540.1%
V Visa Inc. Class A 1.28% 201,419 $68.8M New
TSLA Tesla Inc. 1.21% 146,647 $65.2M New
COIN Coinbase Global Inc. Class A 1.11% 176,605 $59.6M Add +139.7%
NFLX Netflix Inc. 1.06% 47,458 $56.9M New
COST Costco Wholesale Corp. 0.98% 56,778 $52.6M New
TMO Thermo Fisher Scientific Inc. 0.90% 99,711 $48.4M Reduce -32.1%
GEV GE Vernova Inc. 0.89% 77,865 $47.9M New
BMY Bristol-Myers Squibb Co. 0.89% 1,059,045 $47.8M Add +408.4%
AMD Advanced Micro Devices 0.85% 283,409 $45.9M New
MRK Merck & Co. Inc. 0.85% 545,395 $45.8M Add +114.9%
STX Seagate Technology Holdings 0.80% 183,447 $43.3M Add +247.2%
CNC Centene Corp. 0.80% 1,212,850 $43.3M Add +706.6%
F Ford Motor Co. filed as FORD MTR CO 0.78% 3,502,084 $41.9M Reduce -3.6%
CRM Salesforce Inc. 0.77% 174,801 $41.4M Add +16.1%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.74% 812,752 $39.8M Add +208.7%
CVX Chevron Corp. 0.74% 255,846 $39.7M Add +234.3%
ACN Accenture PLC Class A 0.71% 155,843 $38.4M Add +152.9%
ALNY Alnylam Pharmaceuticals Inc. 0.71% 84,059 $38.3M New
FISV Fiserv Inc. 0.68% 282,626 $36.4M Add +1226.8%
LLY Eli Lilly & Co. 0.65% 46,070 $35.2M New
KDP Keurig Dr Pepper Inc. 0.65% 1,373,371 $35.0M New
ABNB Airbnb Inc. Class A 0.65% 287,003 $34.8M Add +7.9%
APH Amphenol Corp. Class A 0.63% 273,832 $33.9M Reduce -22.2%
AMZN Amazon.com Inc. 0.61% 150,377 $33.0M New
MRSH Marsh & McLennan Cos 0.61% 162,725 $32.8M Add +506.2%
BSX Boston Scientific Corp. 0.60% 331,100 $32.3M New
CSCO Cisco Systems Inc. 0.60% 469,451 $32.1M New
SOFI Sofi Technologies Inc. 0.59% 1,204,597 $31.8M Reduce -57.8%
ALB Albemarle Corp. 0.58% 388,540 $31.5M Add +193.4%
HON Honeywell International Inc. 0.56% 144,643 $30.4M Add +45.6%
SCHW Schwab (charles) Corp. 0.53% 301,720 $28.8M Add +173.6%
DHR Danaher Corp. 0.53% 144,255 $28.6M Add +1.7%
ADSK Autodesk Inc. 0.53% 89,968 $28.6M Add +48.5%
TXN Texas Instruments Inc. 0.50% 148,034 $27.2M New
IT Gartner Inc. 0.50% 103,036 $27.1M Add +156.7%
RBLX Roblox Corp. Class A 0.49% 192,046 $26.6M Add +90.3%
LULU Lululemon Athletica Inc. 0.49% 149,450 $26.6M New
DASH DoorDash Inc. Class A 0.49% 97,058 $26.4M New
APO Apollo Global Management Inc. 0.45% 182,845 $24.4M Add +8.0%
UAL United Airlines Holdings Inc. 0.45% 251,919 $24.3M Add +720.6%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.45% 1,501,227 $24.0M Add +373.7%
NVDA Nvidia Corp. 0.44% 128,380 $24.0M Reduce -62.4%
CPB The Campbell's Company 0.44% 751,738 $23.7M Add +54.2%
ROP Roper Technologies Inc. 0.44% 47,375 $23.6M Add +28.6%
VRT Vertiv Holdings Co. Class A 0.42% 151,375 $22.8M Reduce -29.5%
LRCX Lam Research Corp. 0.42% 169,799 $22.7M Reduce -40.4%
CME Cme Group Inc. 0.42% 83,813 $22.6M Reduce -5.4%
DOW Dow Inc. 0.41% 957,722 $22.0M Add +171.9%
NTRA Natera Inc. 0.40% 133,618 $21.5M Add +210.5%
AVGO Broadcom Inc. 0.39% 64,130 $21.2M Reduce -27.5%
ORLY O'reilly Automotive Inc. 0.39% 195,018 $21.0M New
W Wayfair Inc. Class A 0.39% 235,191 $21.0M Add +105.4%
TEAM Atlassian Corp. Class A 0.39% 131,052 $20.9M Reduce -22.5%
TSM Taiwan Semiconductor-SP ADR 0.39% 74,522 $20.8M New
TMUS T-Mobile US Inc. 0.39% 86,820 $20.8M Reduce -59.4%
NEE Nextera Energy Inc. 0.38% 274,755 $20.7M Add +769.6%
BCS Barclays PLC-Spons ADR 0.38% 993,633 $20.5M Add +15.5%
OTIS Otis Worldwide Corp. 0.38% 222,213 $20.3M Add +163.9%
CELH Celsius Holdings Inc. 0.38% 352,877 $20.3M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.37% 136,433 $19.7M Reduce -52.5%
CVNA Carvana Co. 0.36% 52,128 $19.7M Reduce -44.5%
CB Chubb Ltd. 0.36% 68,196 $19.2M Add +315.8%
CYBR Cyberark Software Ltd./Israel 0.34% 38,250 $18.5M Add +861.8%
PM Philip Morris International 0.34% 113,323 $18.4M Reduce -39.5%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.34% 204,496 $18.3M Add +19.5%
KGC Kinross Gold Corp. 0.34% 734,133 $18.2M Reduce -31.8%
TEL Te Connectivity PLC 0.34% 82,906 $18.2M New
B Barrick Mining Corp. 0.34% 552,971 $18.1M New
VST Vistra Corp. 0.33% 91,713 $18.0M Reduce -9.4%
LITE Lumentum Holdings Inc. 0.33% 108,847 $17.7M Reduce -45.2%
MCK McKesson Corp. 0.32% 22,368 $17.3M New
TW Tradeweb Markets Inc. Class A 0.32% 155,205 $17.2M Add +766.4%
LNG Cheniere Energy Inc. 0.32% 73,133 $17.2M New
LVS Las Vegas Sands Corp. 0.31% 315,168 $17.0M Add +110.1%
NVO Novo-Nordisk A/S-Spons ADR 0.31% 303,448 $16.8M New
MDB Mongodb Inc. 0.31% 53,813 $16.7M Reduce -64.5%
COP Conocophillips 0.30% 173,104 $16.4M Add +105.1%
ETSY Etsy Inc. 0.30% 241,095 $16.0M Add +13.6%
BP BP PLC-Spons ADR 0.29% 452,244 $15.6M New
KVUE Kenvue Inc. 0.29% 956,632 $15.5M New
FERG Ferguson Enterprises Inc. 0.29% 68,809 $15.5M New
CZR Caesars Entertainment Inc. 0.29% 571,631 $15.4M Add +710.0%
PANW Palo Alto Networks Inc. 0.29% 75,443 $15.4M New
ACHR Archer Aviation Inc. Class A 0.28% 1,554,601 $14.9M New
OSCR Oscar Health Inc. Class A 0.26% 753,586 $14.3M New
CBRE CBRE Group Inc. Class A 0.26% 89,483 $14.1M Add +38.3%
SO The Southern Co. 0.26% 147,459 $14.0M New
HEI Heico Corp. 0.26% 42,815 $13.8M Add +9.4%
IONQ Ionq Inc. 0.26% 224,290 $13.8M Add +9179.7%
AWK American Water Works Co. Inc. 0.26% 98,938 $13.8M Add +180.7%
VLO Valero Energy Corp. 0.25% 79,127 $13.5M Reduce -27.7%
LYB Lyondellbasell Indu Class A 0.25% 273,580 $13.4M Reduce -5.0%
BTG B2GOLD Corp. 0.25% 2,673,623 $13.2M New
IOT Samsara Inc. Class A 0.25% 354,814 $13.2M New
DECK Deckers Outdoor Corp. 0.24% 130,155 $13.2M New
FIVE Five Below 0.24% 84,884 $13.1M Add +141.4%

Show all 1,345 holdings

Portfolio Sells Q2 2025 → Q3 2025
WMT Walmart Inc. Reduce -99.9% 0.00% −1.14
PGR Progressive Corp. Sold out 0.00% −1.13
ABBV Abbvie Inc. Sold out 0.00% −0.95
JNJ Johnson & Johnson Sold out 0.00% −0.88
INTU Intuit Inc. Sold out 0.00% −0.84
PEP Pepsico Inc. Sold out 0.00% −0.84
ISRG Intuitive Surgical Inc. Reduce -96.5% 0.02% −0.81
INTC Intel Corp. Sold out 0.00% −0.78
PG The Procter & Gamble Co. Sold out 0.00% −0.71
UNP Union Pacific Corp. Sold out 0.00% −0.68
NVDA Nvidia Corp. Reduce -62.4% 0.44% −0.65
TMUS T-Mobile US Inc. Reduce -59.4% 0.39% −0.65
KO The Coca-Cola Co. Sold out 0.00% −0.64
ADBE Adobe Inc. Reduce -70.5% 0.21% −0.64
LMT Lockheed Martin Corp. Reduce -78.3% 0.17% −0.63
MA Mastercard Inc. Class A Sold out 0.00% −0.61
UBER Uber Technologies Inc. Sold out 0.00% −0.61
BDX Becton Dickinson and Co. Sold out 0.00% −0.58
CCL Carnival Corp. Sold out 0.00% −0.57
MU Micron Technology Inc. Reduce -77.1% 0.21% −0.53
LOW Lowe's Cos Inc. Sold out 0.00% −0.50
ADP Automatic Data Processing Sold out 0.00% −0.50
ELF Elf Beauty Inc. Reduce -98.0% 0.01% −0.48
BX Blackstone Inc. Sold out 0.00% −0.47
MKC McCormick & Co.-Non VTG SHRS Sold out 0.00% −0.47
SHOP Shopify Inc. Class A Sold out 0.00% −0.46
EW Edwards Lifesciences Corp. Reduce -94.1% 0.03% −0.46
SOFI Sofi Technologies Inc. Reduce -57.8% 0.59% −0.46
WMB Williams Cos Inc. Sold out 0.00% −0.45
CRDO Credo Technology Group Holdi Sold out 0.00% −0.45
CTAS Cintas Corp. Reduce -92.5% 0.03% −0.44
CMG Chipotle Mexican Grill Inc. Reduce -77.1% 0.07% −0.44
AEM Agnico Eagle Mines Ltd. Sold out 0.00% −0.41
KMI Kinder Morgan Inc. Reduce -94.9% 0.02% −0.41
REGN Regeneron Pharmaceuticals Reduce -73.4% 0.14% −0.41
AFRM Affirm Holdings Inc. Reduce -65.8% 0.20% −0.41
SNAP Snap Inc. Class A Sold out 0.00% −0.40
HUBS HubSpot Inc. Sold out 0.00% −0.40
MELI MercadoLibre Inc. Sold out 0.00% −0.38
FDX FedEx Corp. Reduce -95.4% 0.02% −0.36
DIS The Walt Disney Co. Sold out 0.00% −0.36
TJX TJX Companies Inc. Reduce -52.5% 0.37% −0.35
PM Philip Morris International Reduce -39.5% 0.34% −0.35
ROK Rockwell Automation Inc. Sold out 0.00% −0.34
GM General Motors Co. Reduce -68.7% 0.18% −0.33
MDB Mongodb Inc. Reduce -64.5% 0.31% −0.33
RSG Republic Services Inc. Reduce -93.0% 0.02% −0.32
ETR Entergy Corp. Sold out 0.00% −0.32
MSI Motorola Solutions Inc. Reduce -81.0% 0.07% −0.31
TMO Thermo Fisher Scientific Inc. Reduce -32.1% 0.90% −0.31

Portfolio Buys Q2 2025 → Q3 2025
HOOD Robinhood Markets Inc. Class A New 1.49% +1.49
MSFT Microsoft Corp. New 1.47% +1.47
META Meta Platforms Inc. Class A Add +21540.1% 1.29% +1.28
V Visa Inc. Class A New 1.28% +1.28
TSLA Tesla Inc. New 1.21% +1.21
NFLX Netflix Inc. New 1.06% +1.06
COST Costco Wholesale Corp. New 0.98% +0.98
GEV GE Vernova Inc. New 0.89% +0.89
AMD Advanced Micro Devices New 0.85% +0.85
PLTR Palantir Technologies Inc. Class A Add +64.2% 1.52% +0.77
ALNY Alnylam Pharmaceuticals Inc. New 0.71% +0.71
BMY Bristol-Myers Squibb Co. Add +408.4% 0.89% +0.69
LLY Eli Lilly & Co. New 0.65% +0.65
KDP Keurig Dr Pepper Inc. New 0.65% +0.65
STX Seagate Technology Holdings Add +247.2% 0.80% +0.65
CNC Centene Corp. Add +706.6% 0.80% +0.64
AMZN Amazon.com Inc. New 0.61% +0.61
FISV Fiserv Inc. Add +1226.8% 0.68% +0.60
BSX Boston Scientific Corp. New 0.60% +0.60
CSCO Cisco Systems Inc. New 0.60% +0.60
COIN Coinbase Global Inc. Class A Add +139.7% 1.11% +0.58
CVX Chevron Corp. Add +234.3% 0.74% +0.52
TXN Texas Instruments Inc. New 0.50% +0.50
LULU Lululemon Athletica Inc. New 0.49% +0.49
DASH DoorDash Inc. Class A New 0.49% +0.49
MRSH Marsh & McLennan Cos Add +506.2% 0.61% +0.49
MRK Merck & Co. Inc. Add +114.9% 0.85% +0.44
ALB Albemarle Corp. Add +193.4% 0.58% +0.42
UAL United Airlines Holdings Inc. Add +720.6% 0.45% +0.40
ORLY O'reilly Automotive Inc. New 0.39% +0.39
TSM Taiwan Semiconductor-SP ADR New 0.39% +0.39
CELH Celsius Holdings Inc. New 0.38% +0.38
NU Nu Holdings Ltd./Cayman Isl-A Add +373.7% 0.45% +0.36
TTD Trade Desk Inc./the Class A Add +208.7% 0.74% +0.36
ACN Accenture PLC Class A Add +152.9% 0.71% +0.34
NEE Nextera Energy Inc. Add +769.6% 0.38% +0.34
TEL Te Connectivity PLC New 0.34% +0.34
B Barrick Mining Corp. New 0.34% +0.34
SCHW Schwab (charles) Corp. Add +173.6% 0.53% +0.33
MCK McKesson Corp. New 0.32% +0.32
LNG Cheniere Energy Inc. New 0.32% +0.32
NVO Novo-Nordisk A/S-Spons ADR New 0.31% +0.31
CYBR Cyberark Software Ltd./Israel Add +861.8% 0.34% +0.31
BP BP PLC-Spons ADR New 0.29% +0.29
KVUE Kenvue Inc. New 0.29% +0.29
FERG Ferguson Enterprises Inc. New 0.29% +0.29
PANW Palo Alto Networks Inc. New 0.29% +0.29
RBLX Roblox Corp. Class A Add +90.3% 0.49% +0.28
ACHR Archer Aviation Inc. Class A New 0.28% +0.28
W Wayfair Inc. Class A Add +105.4% 0.39% +0.27

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,217$2.9BMETA, NFLX, BSX, QCOM, ORCL
Q1 2026 1,302$3.5BMETA, TSM, TSLA, CVX, RKT
Q4 2025 1,360$3.5BPLTR, FISV, UBER, TMO, NOW
Q3 2025 1,345$5.4BPLTR, HOOD, MSFT, META, V
Q2 2025 1,209$4.9BTMO, WMT, PGR, NVDA, SOFI
Q1 2025 1,221$3.9BCOST, MSFT, HD, META, ISRG
Q4 2024 1,287$3.7BAAPL, CRM, META, BKNG, KO
Q3 2024 1,103$3.8BMSFT, KO, GOOGL, LOW, MCD
Q2 2024 1,164$2.7BKO, V, XOM, PEP, MA
Q1 2024 1,174$3.1BUNH, WMT, ABT, MA, COST