BLKBRD Asset Management, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), BLKBRD Asset Management, LP reported 19 stock positions worth $82.3 million. Its top holding was Strategy (MSTR) at 34.7% of the portfolio, followed by iShares China Large-Cap ETF (FXI, 18.2%) and iShares MSCI Japan ETF (EWJ, 16.7%). Compared with Q4 2024, it opened 18 new positions, sold out of 8 and added to 1. The biggest buy was a new position in Strategy (MSTR) and the biggest sale an exit from Ste STR SPDR PT DW Eu ETF (SPDW).
- Most Recent 13F
- Q2 2026
- Location
- Old Greenwich, CT
- CIK
- 0002035232
- Portfolio Value
- $82.3M (Q1 2025)
- SEC Filing
- 0001172661-25-002138 ↗ filed May 15, 2025
Holdings Value
Holdings 19 stocks · $82.3M
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 34.67% | 98,965 | $28.5M | New |
| FXI iShares China Large-Cap ETF | 18.23% | 418,500 | $15.0M | New |
| EWJ iShares MSCI Japan ETF | 16.74% | 200,959 | $13.8M | New |
| EWT iShares MSCI Taiwan ETF | 11.54% | 200,000 | $9.5M | New |
| MCHI iShares MSCI China ETF | 6.01% | 90,954 | $4.9M | Add +113.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.94% | 30,110 | $2.4M | New |
| ASHR Xtrackers Harvest Csi 300 CH | 2.51% | 77,796 | $2.1M | New |
| FTEC Fidelity MSCI Info Tech Indx | 2.12% | 10,824 | $1.7M | New |
| SCZ iShares MSCI Eafe Small-Cap | 0.92% | 11,957 | $760K | New |
| EEM iShares MSCI Emerging Market | 0.58% | 10,841 | $474K | New |
| IJR iShares Core S&P Small-Cap E | 0.56% | 4,418 | $462K | New |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.50% | 7,786 | $409K | New |
| SCHF Schwab Intl Equity ETF | 0.48% | 20,068 | $397K | New |
| NVDA Nvidia Corp. | 0.47% | 3,605 | $391K | New |
| VXUS Vanguard Total Intl Stock | 0.44% | 5,885 | $365K | New |
| VT Vanguard Tot World STK ETF | 0.35% | 2,450 | $284K | New |
| VNQ Vanguard Real Estate ETF | 0.33% | 3,013 | $273K | New |
| BABA Alibaba Group Holding-SP ADR | 0.32% | 2,009 | $266K | New |
| IJS iShares S&P Small-Cap 600 Va | 0.28% | 2,402 | $234K | New |
Portfolio Sells Q4 2024 → Q1 2025
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −28.72 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −23.03 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −11.65 |
| ACWX iShares MSCI Acwi Ex US ETF | Sold out | 0.00% | −11.25 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −10.46 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −2.97 |
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −1.44 |
| IEV iShares Europe ETF | Sold out | 0.00% | −1.19 |
Portfolio Buys Q4 2024 → Q1 2025
| MSTR Strategy Inc. | New | 34.67% | +34.67 |
| FXI iShares China Large-Cap ETF | New | 18.23% | +18.23 |
| EWJ iShares MSCI Japan ETF | New | 16.74% | +16.74 |
| EWT iShares MSCI Taiwan ETF | New | 11.54% | +11.54 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 2.94% | +2.94 |
| ASHR Xtrackers Harvest Csi 300 CH | New | 2.51% | +2.51 |
| FTEC Fidelity MSCI Info Tech Indx | New | 2.12% | +2.12 |
| SCZ iShares MSCI Eafe Small-Cap | New | 0.92% | +0.92 |
| EEM iShares MSCI Emerging Market | New | 0.58% | +0.58 |
| IJR iShares Core S&P Small-Cap E | New | 0.56% | +0.56 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.50% | +0.50 |
| SCHF Schwab Intl Equity ETF | New | 0.48% | +0.48 |
| NVDA Nvidia Corp. | New | 0.47% | +0.47 |
| VXUS Vanguard Total Intl Stock | New | 0.44% | +0.44 |
| VT Vanguard Tot World STK ETF | New | 0.35% | +0.35 |
| VNQ Vanguard Real Estate ETF | New | 0.33% | +0.33 |
| BABA Alibaba Group Holding-SP ADR | New | 0.32% | +0.32 |
| IJS iShares S&P Small-Cap 600 Va | New | 0.28% | +0.28 |
| MCHI iShares MSCI China ETF | Add +113.7% | 6.01% | −3.28 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 21 | $38.3M | AMD, GME, ORCL, BABA, UNH |
| Q4 2025 | 22 | $74.4M | NVDA, AMD, ORCL, LLY, GOOGL |
| Q3 2025 | 27 | $358.8M | MSTR, FXI, NVDA, SMCI, AMD |
| Q2 2025 | 19 | $177.4M | MSTR, NVDA, AMD, FXI, AVGO |
| Q1 2025 | 19 | $82.3M | MSTR, FXI, EWJ, EWT, MCHI |
| Q4 2024 | 9 | $21.5M | SPDW, EFA, IWR, ACWX, XLY |