Bienville Capital Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Bienville Capital Management, LLC reported 74 stock positions worth $524.8 million. Its top holding was Aptus Collared Invest Opp (ACIO) at 7.9% of the portfolio, followed by Monday.com (MNDY, 7.5%) and Gitlab Class A (GTLB, 7.1%). Compared with Q2 2025, it opened 11 new positions, sold out of 5, added to 20 and reduced 17. The biggest buy was Monday.com (MNDY, shares +259%) and the biggest sale Mongodb (MDB, shares −79%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001605070
Portfolio Value
$524.8M (Q3 2025)
SEC Filing
0001172661-25-004901 ↗ filed Nov 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $328.7M Q1 2024 Q2 2024: $417.1M Q2 2024 Q3 2024: $386.5M Q3 2024 Q4 2024: $408.1M Q4 2024 Q1 2025: $412.3M Q1 2025 Q2 2025: $507.3M Q2 2025 Q3 2025: $524.8M $524.8M Q3 2025 Q4 2025: $629.6M Q4 2025 Q1 2026: $526.8M Q1 2026 Q2 2026: $693.5M Q2 2026

Holdings 74 stocks · $524.8M
ACIO Aptus Collared Invest Opp 7.89% 953,693 $41.4M Reduce -4.8%
MNDY Monday.com Ltd. 7.53% 204,016 $39.5M Add +258.9%
GTLB Gitlab Inc. Class A 7.15% 832,107 $37.5M Add +4.6%
CFLT Confluent Inc. Class A 5.61% 1,485,841 $29.4M Add +17.3%
MELI MercadoLibre Inc. 4.65% 10,432 $24.4M Add +40.0%
CPNG Coupang Inc. 4.09% 665,783 $21.4M Reduce -9.4%
SPY SS SPDR S&P 500 ETF Trust-US 4.07% 31,983 $21.4M Add +0.8%
DKNG Draftkings Inc. Class A 3.98% 558,793 $20.9M Reduce -16.6%
SE Sea Ltd.-ADR 3.68% 107,938 $19.3M New
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 3.47% 222,987 $18.2M Reduce -9.3%
DRSK Aptus Defined Risk ETF 2.94% 535,902 $15.5M Add +1.9%
IOT Samsara Inc. Class A 2.80% 394,200 $14.7M New
CIEN Ciena Corp. 2.76% 99,295 $14.5M Reduce -0.2%
AAPL Apple Inc. 2.39% 49,315 $12.6M Reduce -0.3%
IBIT iShares Bitcoin Trust ETF 2.25% 181,776 $11.8M Add +5.0%
PSBD Palmer Square Capital BDC Inc. 2.21% 914,029 $11.6M Reduce -9.6%
MNTN MNTN Inc. Class A 2.17% 615,147 $11.4M New
DDOG Datadog Inc. Class A 1.87% 68,815 $9.8M Reduce -61.6%
MDB Mongodb Inc. 1.86% 31,429 $9.8M Reduce -79.4%
RBRK Rubrik Inc. Class A 1.66% 106,000 $8.7M New
ADME Aptus Drwdwn MGD Eqty ETF 1.60% 163,935 $8.4M Add +4.3%
TSLA Tesla Inc. 1.58% 18,613 $8.3M No change
AMZN Amazon.com Inc. 1.53% 36,644 $8.0M Reduce -0.3%
JAAA Janus Henderson Aaa Clo ETF 1.53% 158,287 $8.0M Add +23.8%
S Sentinelone Inc. Class A 1.49% 445,233 $7.8M Reduce -47.4%
KVYO Klaviyo Inc. Class A 1.47% 279,300 $7.7M New
GLBE Global-E Online Ltd. 1.47% 215,347 $7.7M Reduce -33.7%
GOOGL Alphabet Inc. Class A 1.39% 30,111 $7.3M No change
MSFT Microsoft Corp. 1.37% 13,855 $7.2M Reduce -0.6%
ARLP Alliance Resource Partners 1.19% 247,345 $6.3M Reduce -1.1%
OMDA Omada Health Inc. 1.17% 277,642 $6.1M New
CLOZ Eldridge BBB-B Clo ETF 1.13% 220,879 $5.9M Add +101.2%
IGV iShares Expanded Tech-Softwa 0.97% 44,238 $5.1M Add +3.9%
GRND Grindr Inc. 0.72% 250,911 $3.8M New
RDDT Reddit Inc. Class A 0.71% 16,153 $3.7M No change
NVDA Nvidia Corp. 0.54% 15,049 $2.8M No change
XLE SS Energy Select Sector 0.50% 29,583 $2.6M Add +18.4%
QQQ Invesco QQQ Trust Series 1 0.40% 3,505 $2.1M Add +4.8%
VIG Vanguard Dividend Apprec ETF 0.31% 7,580 $1.6M Add +0.4%
NOBL Proshares S&P 500 Dividend A 0.31% 15,622 $1.6M Add +0.9%
UBER Uber Technologies Inc. 0.24% 12,874 $1.3M No change
SHOP Shopify Inc. Class A 0.23% 8,000 $1.2M No change
GOOG Alphabet Inc. Class C 0.20% 4,241 $1.0M No change
BX Blackstone Inc. 0.19% 5,784 $988K Add +0.0%
ABBV Abbvie Inc. 0.18% 4,103 $950K No change
GLD SPDR Gold Shares 0.18% 2,635 $937K Add +14.5%
META Meta Platforms Inc. Class A 0.18% 1,269 $932K No change
SLV iShares Silver Trust 0.16% 20,362 $863K No change
VTI VG Morningstar TS MKT ETF-US 0.15% 2,463 $811K No change
RTX RTX Corp. 0.15% 4,669 $781K No change
AVGO Broadcom Inc. 0.14% 2,170 $716K No change
CRM Salesforce Inc. 0.13% 2,924 $694K No change
RSP Invesco S&P 500 Equal Weight 0.11% 3,041 $577K Add +27.7%
UNH Unitedhealth Group Inc. 0.11% 1,666 $575K New
SO The Southern Co. 0.10% 5,482 $520K Add +0.7%
CSM Proshares Large Cap Core Plu 0.10% 6,600 $505K No change
IWM iShares Russell 2000 ETF 0.10% 2,084 $504K Reduce -46.8%
MCD McDonald's Corp. 0.09% 1,500 $456K No change
ULTA Ulta Beauty Inc. 0.08% 788 $431K No change
PAYO Payoneer Global Inc. 0.08% 69,438 $420K No change
EXTR Extreme Networks Inc. 0.07% 18,600 $384K No change
NSC Norfolk Southern Corp. 0.06% 1,120 $336K No change
BLND Blend Labs Inc. Class A 0.06% 86,172 $315K No change
RXRX Recursion Pharmaceuticals-A 0.05% 58,053 $283K No change
GUNR NT Mstar GLBL NR ETF 0.05% 6,316 $277K Add +0.5%
KO The Coca-Cola Co. 0.05% 4,000 $267K No change
MA Mastercard Inc. Class A 0.05% 450 $256K Reduce -38.7%
KKR KKR & Co. Inc. 0.05% 1,898 $247K No change
XLF SS Financial Select Sector 0.05% 4,537 $244K New
ETHA iShares Ethereum Trust ETF 0.05% 7,727 $243K New
FDX FedEx Corp. 0.05% 1,000 $237K No change
APO Apollo Global Management Inc. 0.04% 1,663 $222K No change
TSM Taiwan Semiconductor-SP ADR 0.04% 735 $206K New
BRK.B Berkshire Hathaway Inc. Class B 0.04% 400 $201K Reduce -13.2%

Portfolio Sells Q2 2025 → Q3 2025
MDB Mongodb Inc. Reduce -79.4% 1.86% −4.46
OSCR Oscar Health Inc. Class A Sold out 0.00% −4.18
FLUT Flutter Entertainment PLC-Di Sold out 0.00% −3.15
DDOG Datadog Inc. Class A Reduce -61.6% 1.87% −2.88
DKNG Draftkings Inc. Class A Reduce -16.6% 3.98% −1.69
S Sentinelone Inc. Class A Reduce -47.4% 1.49% −1.56
CHYM Chime Financial Inc. Class A Sold out 0.00% −0.93
AFRM Affirm Holdings Inc. Sold out 0.00% −0.74
GLBE Global-E Online Ltd. Reduce -33.7% 1.47% −0.68
PSBD Palmer Square Capital BDC Inc. Reduce -9.6% 2.21% −0.65
KSPI JSC Kaspi.kz ADR Reduce -9.3% 3.47% −0.64
ACIO Aptus Collared Invest Opp Reduce -4.8% 7.89% −0.28
CPNG Coupang Inc. Reduce -9.4% 4.09% −0.26
ARLP Alliance Resource Partners Reduce -1.1% 1.19% −0.10
DBC Invesco DB Commodity Index T Sold out 0.00% −0.09
IWM iShares Russell 2000 ETF Reduce -46.8% 0.10% −0.07
AMZN Amazon.com Inc. Reduce -0.3% 1.53% −0.06
MA Mastercard Inc. Class A Reduce -38.7% 0.05% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -13.2% 0.04% −0.01
MSFT Microsoft Corp. Reduce -0.6% 1.37% +0.00
AAPL Apple Inc. Reduce -0.3% 2.39% +0.39
CIEN Ciena Corp. Reduce -0.2% 2.76% +1.16

Portfolio Buys Q2 2025 → Q3 2025
MNDY Monday.com Ltd. Add +258.9% 7.53% +4.01
SE Sea Ltd.-ADR New 3.68% +3.68
IOT Samsara Inc. Class A New 2.80% +2.80
MNTN MNTN Inc. Class A New 2.17% +2.17
RBRK Rubrik Inc. Class A New 1.66% +1.66
KVYO Klaviyo Inc. Class A New 1.47% +1.47
OMDA Omada Health Inc. New 1.17% +1.17
MELI MercadoLibre Inc. Add +40.0% 4.65% +0.81
GRND Grindr Inc. New 0.72% +0.72
CLOZ Eldridge BBB-B Clo ETF Add +101.2% 1.13% +0.55
JAAA Janus Henderson Aaa Clo ETF Add +23.8% 1.53% +0.25
SPY SS SPDR S&P 500 ETF Trust-US Add +0.8% 4.07% +0.20
IBIT iShares Bitcoin Trust ETF Add +5.0% 2.25% +0.16
UNH Unitedhealth Group Inc. New 0.11% +0.11
ADME Aptus Drwdwn MGD Eqty ETF Add +4.3% 1.60% +0.10
XLE SS Energy Select Sector Add +18.4% 0.50% +0.09
GTLB Gitlab Inc. Class A Add +4.6% 7.15% +0.08
IGV iShares Expanded Tech-Softwa Add +3.9% 0.97% +0.05
XLF SS Financial Select Sector New 0.05% +0.05
ETHA iShares Ethereum Trust ETF New 0.05% +0.05
GLD SPDR Gold Shares Add +14.5% 0.18% +0.04
TSM Taiwan Semiconductor-SP ADR New 0.04% +0.04
QQQ Invesco QQQ Trust Series 1 Add +4.8% 0.40% +0.04
RSP Invesco S&P 500 Equal Weight Add +27.7% 0.11% +0.02
BX Blackstone Inc. Add +0.0% 0.19% +0.02
VIG Vanguard Dividend Apprec ETF Add +0.4% 0.31% +0.01
GUNR NT Mstar GLBL NR ETF Add +0.5% 0.05% +0.00
SO The Southern Co. Add +0.7% 0.10% +0.00
NOBL Proshares S&P 500 Dividend A Add +0.9% 0.31% −0.00
DRSK Aptus Defined Risk ETF Add +1.9% 2.94% −0.03
CFLT Confluent Inc. Class A Add +17.3% 5.61% −0.62

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 92$693.5MMELI, ACIO, DASH, SE, JAAA
Q1 2026 73$526.8MACIO, MELI, DASH, CIEN, KVYO
Q4 2025 76$629.6MACIO, SE, MELI, GTLB, MNDY
Q3 2025 74$524.8MACIO, MNDY, GTLB, CFLT, MELI
Q2 2025 68$507.3MACIO, GTLB, MDB, CFLT, DKNG
Q1 2025 66$412.3MJBBB, ACIO, CPNG, DKNG, GTLB
Q4 2024 78$408.1MACIO, JBBB, CPNG, DKNG, MNDY
Q3 2024 76$386.5MCLOZ, ACIO, CPNG, JUCY, HIMS
Q2 2024 78$417.1MCLOZ, ACIO, CVE, JUCY, COPX
Q1 2024 77$328.7MCLOZ, CVE, ARLP, COPX, AAPL