Bienville Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Bienville Capital Management, LLC reported 76 stock positions worth $629.6 million. Its top holding was Aptus Collared Invest Opp (ACIO) at 6.6% of the portfolio, followed by Sea Ltd.-ADR (SE, 6.4%) and MercadoLibre (MELI, 6.0%). Compared with Q3 2025, it opened 8 new positions, sold out of 6, added to 32 and reduced 17. The biggest buy was a new position in DoorDash Class A (DASH) and the biggest sale an exit from Datadog Class A (DDOG).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001605070
- Portfolio Value
- $629.6M (Q4 2025)
- SEC Filing
- 0001172661-26-001214 ↗ filed Feb 17, 2026
Holdings Value
Holdings 76 stocks · $629.6M
| ACIO Aptus Collared Invest Opp | 6.55% | 944,286 | $41.3M | Reduce -1.0% |
| SE Sea Ltd.-ADR | 6.44% | 317,819 | $40.5M | Add +194.4% |
| MELI MercadoLibre Inc. | 5.98% | 18,693 | $37.7M | Add +79.2% |
| GTLB Gitlab Inc. Class A | 5.63% | 945,332 | $35.5M | Add +13.6% |
| MNDY Monday.com Ltd. | 5.50% | 234,818 | $34.6M | Add +15.1% |
| KVYO Klaviyo Inc. Class A | 5.00% | 969,263 | $31.5M | Add +247.0% |
| DKNG Draftkings Inc. Class A | 4.96% | 905,783 | $31.2M | Add +62.1% |
| CFLT Confluent Inc. Class A | 3.74% | 779,402 | $23.6M | Reduce -47.5% |
| DASH DoorDash Inc. Class A | 3.71% | 103,080 | $23.3M | New |
| CIEN Ciena Corp. | 3.70% | 99,626 | $23.3M | Add +0.3% |
| RBRK Rubrik Inc. Class A | 3.52% | 289,874 | $22.2M | Add +173.5% |
| CPNG Coupang Inc. | 3.50% | 933,537 | $22.0M | Add +40.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.47% | 31,925 | $21.8M | Reduce -0.2% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 3.45% | 277,635 | $21.7M | Add +24.5% |
| DRSK Aptus Defined Risk ETF | 2.65% | 586,211 | $16.7M | Add +9.4% |
| JAAA Janus Henderson Aaa Clo ETF | 2.45% | 305,216 | $15.4M | Add +92.8% |
| AAPL Apple Inc. | 2.11% | 48,777 | $13.3M | Reduce -1.1% |
| OMDA Omada Health Inc. | 1.86% | 742,033 | $11.7M | Add +167.3% |
| HUBS HubSpot Inc. | 1.81% | 28,457 | $11.4M | New |
| MNTN MNTN Inc. Class A | 1.74% | 919,052 | $11.0M | Add +49.4% |
| IOT Samsara Inc. Class A | 1.73% | 306,830 | $10.9M | Reduce -22.2% |
| TOST Toast Inc. Class A | 1.69% | 299,988 | $10.7M | New |
| DUOL Duolingo | 1.57% | 56,500 | $9.9M | New |
| GOOGL Alphabet Inc. Class A | 1.50% | 30,091 | $9.4M | Reduce -0.1% |
| ADME Aptus Drwdwn MGD Eqty ETF | 1.35% | 165,689 | $8.5M | Add +1.1% |
| TSLA Tesla Inc. | 1.32% | 18,537 | $8.3M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 1.26% | 34,279 | $7.9M | Reduce -6.5% |
| IBIT iShares Bitcoin Trust ETF | 1.24% | 157,216 | $7.8M | Reduce -13.5% |
| PSBD Palmer Square Capital BDC Inc. | 1.12% | 558,394 | $7.0M | Reduce -38.9% |
| MSFT Microsoft Corp. | 1.07% | 13,905 | $6.7M | Add +0.4% |
| CLOZ Eldridge BBB-B Clo ETF | 0.94% | 222,201 | $5.9M | Add +0.6% |
| ARLP Alliance Resource Partners | 0.85% | 231,025 | $5.4M | Reduce -6.6% |
| IGV iShares Expanded Tech-Softwa | 0.72% | 42,676 | $4.5M | Reduce -3.5% |
| RDDT Reddit Inc. Class A | 0.59% | 16,153 | $3.7M | No change |
| NVDA Nvidia Corp. | 0.44% | 14,795 | $2.8M | Reduce -1.7% |
| XLE SS Energy Select Sector | 0.44% | 61,709 | $2.8M | Add +4.3% |
| GLD SPDR Gold Shares | 0.38% | 6,019 | $2.4M | Add +128.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.34% | 3,526 | $2.2M | Add +0.6% |
| VIG Vanguard Dividend Apprec ETF | 0.27% | 7,641 | $1.7M | Add +0.8% |
| NOBL Proshares S&P 500 Dividend A | 0.26% | 15,705 | $1.6M | Add +0.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.22% | 16,805 | $1.4M | New |
| SHOP Shopify Inc. Class A | 0.20% | 8,000 | $1.3M | No change |
| SLV iShares Silver Trust | 0.19% | 18,362 | $1.2M | Reduce -9.8% |
| GOOG Alphabet Inc. Class C | 0.18% | 3,559 | $1.1M | Reduce -16.1% |
| UBER Uber Technologies Inc. | 0.17% | 12,874 | $1.1M | No change |
| ABBV Abbvie Inc. | 0.15% | 4,103 | $937K | No change |
| RTX RTX Corp. | 0.14% | 4,669 | $856K | No change |
| META Meta Platforms Inc. Class A | 0.13% | 1,269 | $838K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 2,463 | $826K | No change |
| CRM Salesforce Inc. | 0.12% | 2,924 | $776K | No change |
| AVGO Broadcom Inc. | 0.12% | 2,170 | $751K | No change |
| BX Blackstone Inc. | 0.12% | 4,813 | $742K | Reduce -16.8% |
| RSP Invesco S&P 500 Equal Weight | 0.10% | 3,287 | $630K | Add +8.1% |
| IWM iShares Russell 2000 ETF | 0.10% | 2,536 | $624K | Add +21.7% |
| UNH Unitedhealth Group Inc. | 0.09% | 1,677 | $554K | Add +0.7% |
| CSM Proshares Large Cap Core Plu | 0.08% | 6,600 | $526K | No change |
| SO The Southern Co. | 0.08% | 5,525 | $482K | Add +0.8% |
| ULTA Ulta Beauty Inc. | 0.08% | 788 | $477K | No change |
| MCD McDonald's Corp. | 0.07% | 1,500 | $458K | No change |
| XLF SS Financial Select Sector | 0.06% | 6,592 | $361K | Add +45.3% |
| NSC Norfolk Southern Corp. | 0.05% | 1,120 | $323K | No change |
| EXTR Extreme Networks Inc. | 0.05% | 18,600 | $310K | No change |
| GUNR NT Mstar GLBL NR ETF | 0.05% | 6,343 | $291K | Add +0.4% |
| FDX FedEx Corp. | 0.05% | 1,000 | $290K | No change |
| KO The Coca-Cola Co. | 0.04% | 4,000 | $280K | No change |
| MA Mastercard Inc. Class A | 0.04% | 450 | $257K | No change |
| EWZ iShares MSCI Brazil ETF | 0.04% | 7,735 | $247K | New |
| ETHA iShares Ethereum Trust ETF | 0.04% | 10,796 | $242K | Add +39.7% |
| KKR KKR & Co. Inc. | 0.04% | 1,899 | $242K | Add +0.1% |
| APO Apollo Global Management Inc. | 0.04% | 1,665 | $241K | Add +0.1% |
| RXRX Recursion Pharmaceuticals-A | 0.04% | 58,053 | $237K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 460 | $231K | Add +15.0% |
| KWEB Kranesh Csi China Internet | 0.04% | 6,687 | $228K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.04% | 735 | $224K | No change |
| LRCX Lam Research Corp. | 0.03% | 1,230 | $211K | New |
| BLND Blend Labs Inc. Class A | 0.02% | 33,579 | $102K | Reduce -61.0% |
Portfolio Sells Q3 2025 → Q4 2025
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −1.87 |
| CFLT Confluent Inc. Class A | Reduce -47.5% | 3.74% | −1.86 |
| MDB Mongodb Inc. | Sold out | 0.00% | −1.86 |
| S Sentinelone Inc. Class A | Sold out | 0.00% | −1.49 |
| GLBE Global-E Online Ltd. | Sold out | 0.00% | −1.47 |
| ACIO Aptus Collared Invest Opp | Reduce -1.0% | 6.55% | −1.34 |
| PSBD Palmer Square Capital BDC Inc. | Reduce -38.9% | 1.12% | −1.09 |
| IOT Samsara Inc. Class A | Reduce -22.2% | 1.73% | −1.07 |
| IBIT iShares Bitcoin Trust ETF | Reduce -13.5% | 1.24% | −1.01 |
| GRND Grindr Inc. | Sold out | 0.00% | −0.72 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.2% | 3.47% | −0.60 |
| ARLP Alliance Resource Partners | Reduce -6.6% | 0.85% | −0.34 |
| AAPL Apple Inc. | Reduce -1.1% | 2.11% | −0.29 |
| AMZN Amazon.com Inc. | Reduce -6.5% | 1.26% | −0.28 |
| TSLA Tesla Inc. | Reduce -0.4% | 1.32% | −0.25 |
| IGV iShares Expanded Tech-Softwa | Reduce -3.5% | 0.72% | −0.25 |
| NVDA Nvidia Corp. | Reduce -1.7% | 0.44% | −0.10 |
| PAYO Payoneer Global Inc. | Sold out | 0.00% | −0.08 |
| BX Blackstone Inc. | Reduce -16.8% | 0.12% | −0.07 |
| BLND Blend Labs Inc. Class A | Reduce -61.0% | 0.02% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -16.1% | 0.18% | −0.02 |
| SLV iShares Silver Trust | Reduce -9.8% | 0.19% | +0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 1.50% | +0.10 |
Portfolio Buys Q3 2025 → Q4 2025
| DASH DoorDash Inc. Class A | New | 3.71% | +3.71 |
| KVYO Klaviyo Inc. Class A | Add +247.0% | 5.00% | +3.52 |
| SE Sea Ltd.-ADR | Add +194.4% | 6.44% | +2.76 |
| RBRK Rubrik Inc. Class A | Add +173.5% | 3.52% | +1.86 |
| HUBS HubSpot Inc. | New | 1.81% | +1.81 |
| TOST Toast Inc. Class A | New | 1.69% | +1.69 |
| DUOL Duolingo | New | 1.57% | +1.57 |
| MELI MercadoLibre Inc. | Add +79.2% | 5.98% | +1.33 |
| DKNG Draftkings Inc. Class A | Add +62.1% | 4.96% | +0.98 |
| CIEN Ciena Corp. | Add +0.3% | 3.70% | +0.94 |
| JAAA Janus Henderson Aaa Clo ETF | Add +92.8% | 2.45% | +0.92 |
| OMDA Omada Health Inc. | Add +167.3% | 1.86% | +0.69 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.22% | +0.22 |
| GLD SPDR Gold Shares | Add +128.4% | 0.38% | +0.20 |
| EWZ iShares MSCI Brazil ETF | New | 0.04% | +0.04 |
| KWEB Kranesh Csi China Internet | New | 0.04% | +0.04 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| XLF SS Financial Select Sector | Add +45.3% | 0.06% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +21.7% | 0.10% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +15.0% | 0.04% | −0.00 |
| APO Apollo Global Management Inc. | Add +0.1% | 0.04% | −0.00 |
| GUNR NT Mstar GLBL NR ETF | Add +0.4% | 0.05% | −0.01 |
| ETHA iShares Ethereum Trust ETF | Add +39.7% | 0.04% | −0.01 |
| KKR KKR & Co. Inc. | Add +0.1% | 0.04% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +8.1% | 0.10% | −0.01 |
| UNH Unitedhealth Group Inc. | Add +0.7% | 0.09% | −0.02 |
| SO The Southern Co. | Add +0.8% | 0.08% | −0.02 |
| KSPI JSC Kaspi.kz ADR | Add +24.5% | 3.45% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +0.8% | 0.27% | −0.05 |
| NOBL Proshares S&P 500 Dividend A | Add +0.5% | 0.26% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.6% | 0.34% | −0.06 |
| XLE SS Energy Select Sector | Add +4.3% | 0.44% | −0.07 |
| CLOZ Eldridge BBB-B Clo ETF | Add +0.6% | 0.94% | −0.19 |
| ADME Aptus Drwdwn MGD Eqty ETF | Add +1.1% | 1.35% | −0.24 |
| DRSK Aptus Defined Risk ETF | Add +9.4% | 2.65% | −0.29 |
| MSFT Microsoft Corp. | Add +0.4% | 1.07% | −0.30 |
| MNTN MNTN Inc. Class A | Add +49.4% | 1.74% | −0.43 |
| CPNG Coupang Inc. | Add +40.2% | 3.50% | −0.59 |
| GTLB Gitlab Inc. Class A | Add +13.6% | 5.63% | −1.51 |
| MNDY Monday.com Ltd. | Add +15.1% | 5.50% | −2.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 92 | $693.5M | MELI, ACIO, DASH, SE, JAAA |
| Q1 2026 | 73 | $526.8M | ACIO, MELI, DASH, CIEN, KVYO |
| Q4 2025 | 76 | $629.6M | ACIO, SE, MELI, GTLB, MNDY |
| Q3 2025 | 74 | $524.8M | ACIO, MNDY, GTLB, CFLT, MELI |
| Q2 2025 | 68 | $507.3M | ACIO, GTLB, MDB, CFLT, DKNG |
| Q1 2025 | 66 | $412.3M | JBBB, ACIO, CPNG, DKNG, GTLB |
| Q4 2024 | 78 | $408.1M | ACIO, JBBB, CPNG, DKNG, MNDY |
| Q3 2024 | 76 | $386.5M | CLOZ, ACIO, CPNG, JUCY, HIMS |
| Q2 2024 | 78 | $417.1M | CLOZ, ACIO, CVE, JUCY, COPX |
| Q1 2024 | 77 | $328.7M | CLOZ, CVE, ARLP, COPX, AAPL |