BTG Pactual Asset Management US LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), BTG Pactual Asset Management US LLC reported 233 stock positions worth $841.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 18.0% of the portfolio, followed by iShares Russell 1000 Growth (IWF, 10.4%) and Vngrd Mrgstr MG CP GR ETF-Ui (MGK, 4.1%). Compared with Q2 2025, it opened 72 new positions, sold out of 44, added to 76 and reduced 35. The biggest buy was Alphabet Class C (GOOG, shares +46%) and the biggest sale an exit from Sandisk (SNDK).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001569579
- Portfolio Value
- $841.7M (Q3 2025)
- SEC Filing
- 0001569579-25-000003 ↗ filed Nov 13, 2025
Holdings Value
Holdings 233 stocks · $841.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 17.99% | 227,300 | $151.4M | Add +7.3% |
| IWF iShares Russell 1000 Growth | 10.38% | 205,824 | $87.4M | Add +20.5% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 4.09% | 94,048 | $34.4M | Add +5.9% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 3.17% | 203,346 | $26.7M | Add +2.9% |
| NVDA Nvidia Corp. | 2.94% | 132,797 | $24.8M | Add +16.9% |
| VGK Vanguard Ftse Europe ETF | 2.81% | 304,732 | $23.6M | Add +4.8% |
| GOOG Alphabet Inc. Class C | 2.61% | 90,300 | $22.0M | Add +46.4% |
| JPM JPMorgan Chase & Co. | 2.37% | 63,337 | $20.0M | Add +9.6% |
| AMZN Amazon.com Inc. | 2.33% | 89,243 | $19.6M | Add +43.7% |
| MSFT Microsoft Corp. | 2.16% | 35,069 | $18.2M | Add +22.8% |
| GLD SPDR Gold Shares | 1.99% | 47,138 | $16.8M | Add +23.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.71% | 29,622 | $14.4M | Reduce -35.8% |
| XLV SS Health Care Select Sector | 1.63% | 101,570 | $13.7M | Add +32.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.46% | 43,839 | $12.3M | Add +12.0% |
| META Meta Platforms Inc. Class A | 1.45% | 16,565 | $12.2M | Add +27.4% |
| NOW ServiceNow Inc. | 1.41% | 12,933 | $11.9M | Add +47.1% |
| VWO Vanguard Ftse Emerging Marke | 1.22% | 206,870 | $10.2M | Reduce -2.4% |
| DUK Duke Energy Corp. | 1.21% | 82,176 | $10.2M | Add +6.0% |
| EWJ iShares MSCI Japan ETF | 1.11% | 117,776 | $9.3M | Add +3.1% |
| CYBR Cyberark Software Ltd./Israel | 1.06% | 18,437 | $8.9M | Add +2668.3% |
| V Visa Inc. Class A | 1.02% | 25,225 | $8.6M | Add +368.3% |
| LNT Alliant Energy Corp. | 0.97% | 121,268 | $8.2M | Reduce -6.6% |
| AEE Ameren Corporation | 0.97% | 78,295 | $8.2M | Add +3.5% |
| CEG Constellation Energy | 0.96% | 24,457 | $8.0M | Reduce -12.9% |
| GEV GE Vernova Inc. | 0.92% | 12,641 | $7.8M | Add +14.3% |
| VST Vistra Corp. | 0.92% | 39,566 | $7.8M | Reduce -27.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.91% | 27,392 | $7.7M | Add +235.8% |
| EXC Exelon Corp. | 0.86% | 160,007 | $7.2M | Add +52.8% |
| OGE Oge Energy Corp. | 0.85% | 154,410 | $7.1M | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.82% | 29,252 | $6.9M | Add +0.5% |
| K Kellanova | 0.81% | 82,811 | $6.8M | Add +25.5% |
| XEL Xcel Energy Inc. | 0.80% | 83,462 | $6.7M | Add +13.8% |
| URI United Rentals Inc. | 0.79% | 6,930 | $6.6M | Add +106.6% |
| VGT Vanguard Info Tech ETF | 0.74% | 9,421 | $6.2M | Add +1.0% |
| PNW Pinnacle West Capital | 0.74% | 69,322 | $6.2M | New |
| VFH Vanguard Financials ETF | 0.70% | 46,079 | $5.9M | Add +4.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.68% | 11,388 | $5.7M | Add +22.8% |
| CNP Centerpoint Energy Inc. | 0.66% | 143,619 | $5.6M | Add +190.8% |
| AEP American Electric Power | 0.66% | 49,334 | $5.6M | Reduce -19.4% |
| ABBV Abbvie Inc. | 0.65% | 23,662 | $5.5M | Add +131.5% |
| MLPX Global X MLP & Energy Infras | 0.65% | 86,878 | $5.4M | Add +0.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.64% | 49,372 | $5.4M | Add +45.9% |
| FYBR Frontier Communications Pare | 0.64% | 144,348 | $5.4M | Add +174.3% |
| VHT Vanguard Health Care ETF | 0.63% | 21,361 | $5.3M | Add +6.5% |
| STIP iShares 0-5 Year Tips Bond E | 0.57% | 46,391 | $4.8M | Add +18.4% |
| LLY Eli Lilly & Co. | 0.55% | 6,034 | $4.6M | Add +109.9% |
| EPP iShares MSCI Pacific Ex Japa | 0.49% | 82,961 | $4.1M | Add +4.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.46% | 78,706 | $3.9M | Add +33.1% |
| AWK American Water Works Co. Inc. | 0.42% | 25,265 | $3.5M | New |
| VNQ Vanguard Real Estate ETF | 0.41% | 39,163 | $3.5M | Reduce -4.1% |
| AMLP Alerian MLP ETF | 0.39% | 67,040 | $3.3M | Add +29.7% |
| IHS Ihs Holding Ltd. | 0.38% | 464,505 | $3.2M | New |
| SYK Stryker Corp. | 0.34% | 7,781 | $2.9M | Add +28.5% |
| KMI Kinder Morgan Inc. | 0.32% | 95,896 | $2.7M | Add +25.3% |
| MUNI PIMCO Intermediate Municipal | 0.31% | 50,877 | $2.6M | Add +17.4% |
| NEE Nextera Energy Inc. | 0.31% | 34,432 | $2.6M | New |
| SRE Sempra | 0.30% | 28,143 | $2.5M | New |
| HCA HCA Healthcare Inc. | 0.29% | 7,140 | $2.5M | Add +23.1% |
| TIGO Millicom Intl Cellular S.A. | 0.28% | 63,937 | $2.4M | Add +0.8% |
| OKE Oneok Inc. | 0.26% | 30,478 | $2.2M | New |
| FE Firstenergy Corp. | 0.26% | 48,336 | $2.2M | Reduce -74.7% |
| JBS JBS NV-A | 0.26% | 145,953 | $2.2M | Reduce -57.1% |
| RPRX Royalty Pharma PLC Class A | 0.26% | 61,131 | $2.2M | New |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.25% | 16,220 | $2.1M | New |
| BKH Black Hills Corp. | 0.25% | 34,012 | $2.1M | New |
| IBB iShares Biotechnology ETF | 0.25% | 16,554 | $2.1M | Add +5.9% |
| ES Eversource Energy | 0.24% | 28,414 | $2.0M | New |
| EMLP First Trust North American E | 0.23% | 52,035 | $2.0M | Reduce -0.4% |
| BSX Boston Scientific Corp. | 0.22% | 18,630 | $1.8M | New |
| USHY iShares Broad Usd High Yield | 0.21% | 47,757 | $1.8M | Add +39.7% |
| SU Suncor Energy Inc. | 0.20% | 39,773 | $1.7M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 5,279 | $1.6M | No change |
| WTRG Essential Utilities Inc. | 0.19% | 40,112 | $1.6M | Reduce -59.7% |
| JMUB JPMorgan Municipal ETF | 0.18% | 31,053 | $1.5M | Add +61.8% |
| XBI SS SPDR S&P Biotech ETF | 0.16% | 15,790 | $1.3M | Add +110.0% |
| SPR Spirit Aerosystems Hold Class A | 0.15% | 32,400 | $1.3M | Add +2.6% |
| STNE Stoneco Ltd. Class A | 0.15% | 65,792 | $1.2M | New |
| AVGO Broadcom Inc. | 0.15% | 3,723 | $1.2M | Add +6.7% |
| PSX Phillips 66 | 0.15% | 9,011 | $1.2M | New |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 5,985 | $1.2M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.14% | 6,710 | $1.2M | New |
| FLUT Flutter Entertainment PLC-Di | 0.14% | 4,174 | $1.2M | No change |
| KWEB Kranesh Csi China Internet | 0.14% | 27,762 | $1.2M | Add +317.3% |
| XOM Exxon Mobil Corp. | 0.13% | 10,023 | $1.1M | New |
| AR Antero Resources Corp. | 0.13% | 33,375 | $1.1M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.13% | 3,444 | $1.1M | Reduce -53.6% |
| AAPL Apple Inc. | 0.13% | 4,153 | $1.1M | Add +207.9% |
| NI Nisource Inc. | 0.12% | 23,650 | $1.0M | Reduce -47.4% |
| DD Dupont DE Nemours Inc. | 0.12% | 13,086 | $1.0M | New |
| HIW Highwoods Properties Inc. | 0.12% | 30,164 | $979K | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.11% | 5,221 | $923K | Add +64.0% |
| DIREXION SHARES ETF TRUST | 0.10% | 29,000 | $882K | New |
| FCX Freeport-McMoran Inc. | 0.10% | 22,233 | $872K | New |
| GS Goldman Sachs Group Inc. | 0.10% | 1,056 | $841K | Add +547.9% |
| XHB SS SPDR S&P Homebldrs ETF | 0.10% | 7,342 | $813K | Add +584.9% |
| ACWI iShares MSCI Acwi ETF | 0.09% | 5,930 | $796K | New |
| VOX Vanguard Communication Servi | 0.09% | 4,637 | $793K | Add +199.2% |
| GE General Electric filed as GE AEROSPACE | 0.09% | 2,566 | $772K | Add +96.5% |
| SBLK Star Bulk Carriers Corp. | 0.09% | 41,306 | $768K | New |
| DTM DT Midstream Inc. | 0.09% | 6,789 | $768K | New |
Options reported separately and not counted above: SPY calls ($1.1B), SPY puts ($49.0M), HUT calls ($33.9M), IREN calls ($32.4M), CIFR calls ($30.2M), AAPL puts ($10.6M), AAPL calls ($10.6M), K puts ($6.6M), KWEB calls ($6.3M), IWM calls ($5.8M), EWT calls ($1.8M), EWT puts ($1.8M), and 2 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $6.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 10,705,000 | $6.8M | New |
Total filed on the 13F, all lines: $848.5M.
Portfolio Sells Q2 2025 → Q3 2025
| SNDK Sandisk Corp. | Sold out | 0.00% | −2.45 |
| XLF SS Financial Select Sector | Reduce -96.1% | 0.05% | −1.47 |
| PPL PPL Corp. | Sold out | 0.00% | −1.34 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -35.8% | 1.71% | −1.31 |
| FE Firstenergy Corp. | Reduce -74.7% | 0.26% | −0.77 |
| HES Hess Corp. | Sold out | 0.00% | −0.66 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.57 |
| VST Vistra Corp. | Reduce -27.9% | 0.92% | −0.51 |
| PEG Public Service Enterprise GP | Sold out | 0.00% | −0.49 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.43 |
| JBS JBS NV-A | Reduce -57.1% | 0.26% | −0.41 |
| IWM iShares Russell 2000 ETF | Reduce -82.5% | 0.08% | −0.38 |
| EVRG Evergy Inc. | Sold out | 0.00% | −0.36 |
| WTRG Essential Utilities Inc. | Reduce -59.7% | 0.19% | −0.31 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.30 |
| RY Royal Bank of Canada | Sold out | 0.00% | −0.30 |
| CEG Constellation Energy | Reduce -12.9% | 0.96% | −0.27 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.25 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -91.3% | 0.02% | −0.22 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.20 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.4% | 1.22% | −0.20 |
| AEP American Electric Power | Reduce -19.4% | 0.66% | −0.20 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.20 |
| AJG Arthur J Gallagher & Co. | Reduce -53.6% | 0.13% | −0.19 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.19 |
| PCG P G & E Corp. | Sold out | 0.00% | −0.18 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.18 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.17 |
| XLI SS Industrial Select Sector | Reduce -94.0% | 0.01% | −0.17 |
| COPX Global X Copper Miners ETF | Sold out | 0.00% | −0.14 |
| FL Foot Locker Inc. | Sold out | 0.00% | −0.14 |
| NI Nisource Inc. | Reduce -47.4% | 0.12% | −0.12 |
| AROC Archrock Inc. | Sold out | 0.00% | −0.12 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.11 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.10 |
| LNT Alliant Energy Corp. | Reduce -6.6% | 0.97% | −0.09 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.09 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.09 |
| KNTK Kinetik Holdings Inc. | Sold out | 0.00% | −0.08 |
| VNQ Vanguard Real Estate ETF | Reduce -4.1% | 0.41% | −0.08 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −0.07 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −0.06 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.06 |
| BYM BlackRock Muni Inc. QLTY | Sold out | 0.00% | −0.06 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.04 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.04 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.04 |
| CHX Championx Corp. | Sold out | 0.00% | −0.04 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.04 |
| TAC Transalta Corp. | Reduce -38.6% | 0.08% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Add +46.4% | 2.61% | +1.14 |
| CYBR Cyberark Software Ltd./Israel | Add +2668.3% | 1.06% | +1.02 |
| OGE Oge Energy Corp. | New | 0.85% | +0.85 |
| V Visa Inc. Class A | Add +368.3% | 1.02% | +0.77 |
| PNW Pinnacle West Capital | New | 0.74% | +0.74 |
| TSM Taiwan Semiconductor-SP ADR | Add +235.8% | 0.91% | +0.66 |
| IWF iShares Russell 1000 Growth | Add +20.5% | 10.38% | +0.60 |
| NVDA Nvidia Corp. | Add +16.9% | 2.94% | +0.52 |
| AMZN Amazon.com Inc. | Add +43.7% | 2.33% | +0.49 |
| URI United Rentals Inc. | Add +106.6% | 0.79% | +0.45 |
| AWK American Water Works Co. Inc. | New | 0.42% | +0.42 |
| CNP Centerpoint Energy Inc. | Add +190.8% | 0.66% | +0.42 |
| GLD SPDR Gold Shares | Add +23.1% | 1.99% | +0.42 |
| ABBV Abbvie Inc. | Add +131.5% | 0.65% | +0.40 |
| FYBR Frontier Communications Pare | Add +174.3% | 0.64% | +0.38 |
| IHS Ihs Holding Ltd. | New | 0.38% | +0.38 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.3% | 17.99% | +0.35 |
| NEE Nextera Energy Inc. | New | 0.31% | +0.31 |
| SRE Sempra | New | 0.30% | +0.30 |
| OKE Oneok Inc. | New | 0.26% | +0.26 |
| RPRX Royalty Pharma PLC Class A | New | 0.26% | +0.26 |
| BMO Bank of Montreal | New | 0.25% | +0.25 |
| BKH Black Hills Corp. | New | 0.25% | +0.25 |
| LLY Eli Lilly & Co. | Add +109.9% | 0.55% | +0.24 |
| MSFT Microsoft Corp. | Add +22.8% | 2.16% | +0.24 |
| EXC Exelon Corp. | Add +52.8% | 0.86% | +0.24 |
| ES Eversource Energy | New | 0.24% | +0.24 |
| XLV SS Health Care Select Sector | Add +32.0% | 1.63% | +0.23 |
| BSX Boston Scientific Corp. | New | 0.22% | +0.22 |
| SU Suncor Energy Inc. | New | 0.20% | +0.20 |
| NOW ServiceNow Inc. | Add +47.1% | 1.41% | +0.20 |
| META Meta Platforms Inc. Class A | Add +27.4% | 1.45% | +0.15 |
| STNE Stoneco Ltd. Class A | New | 0.15% | +0.15 |
| PSX Phillips 66 | New | 0.15% | +0.15 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +45.9% | 0.64% | +0.14 |
| BABA Alibaba Group Holding-SP ADR | New | 0.14% | +0.14 |
| XOM Exxon Mobil Corp. | New | 0.13% | +0.13 |
| GEV GE Vernova Inc. | Add +14.3% | 0.92% | +0.13 |
| AR Antero Resources Corp. | New | 0.13% | +0.13 |
| XEL Xcel Energy Inc. | Add +13.8% | 0.80% | +0.13 |
| DD Dupont DE Nemours Inc. | New | 0.12% | +0.12 |
| HIW Highwoods Properties Inc. | New | 0.12% | +0.12 |
| JPM JPMorgan Chase & Co. | Add +9.6% | 2.37% | +0.11 |
| KWEB Kranesh Csi China Internet | Add +317.3% | 0.14% | +0.11 |
| DIREXION SHARES ETF TRUST | New | 0.10% | +0.10 |
| FCX Freeport-McMoran Inc. | New | 0.10% | +0.10 |
| K Kellanova | Add +25.5% | 0.81% | +0.10 |
| ACWI iShares MSCI Acwi ETF | New | 0.09% | +0.09 |
| DTM DT Midstream Inc. | New | 0.09% | +0.09 |
| SBLK Star Bulk Carriers Corp. | New | 0.09% | +0.09 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 1,642,700 | $1.1B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +75.4% | 73,500 | $49.0M |
| HUT Hut 8 Corp. | call | New | 975,000 | $33.9M |
| IREN Iren Ltd. | call | New | 690,000 | $32.4M |
| CIFR Cipher Digital Inc. | call | New | 2,400,000 | $30.2M |
| AAPL Apple Inc. | put | New | 41,500 | $10.6M |
| AAPL Apple Inc. | call | Add +2666.7% | 41,500 | $10.6M |
| MSFT Microsoft Corp. | call | Sold out | 20,000 | $9.9Mbefore exit |
| MSFT Microsoft Corp. | put | Sold out | 20,000 | $9.9Mbefore exit |
| C Citigroup Inc. | put | Sold out | 87,800 | $7.5Mbefore exit |
| C Citigroup Inc. | call | Sold out | 87,800 | $7.5Mbefore exit |
| K Kellanova | put | Add +15900.0% | 80,000 | $6.6M |
| KWEB Kranesh Csi China Internet | call | Reduce -50.6% | 150,000 | $6.3M |
| EEM iShares MSCI Emerging Market | put | Sold out | 127,400 | $6.1Mbefore exit |
| DIS The Walt Disney Co. | put | Sold out | 48,200 | $6.0Mbefore exit |
| DIS The Walt Disney Co. | call | Sold out | 48,200 | $6.0Mbefore exit |
| BAC Bank of America Corp. | put | Sold out | 123,400 | $5.8Mbefore exit |
| BAC Bank of America Corp. | call | Sold out | 123,400 | $5.8Mbefore exit |
| IWM iShares Russell 2000 ETF | call | New | 24,000 | $5.8M |
| KRE SS SPDR S&P Regional Bank | call | Sold out | 94,500 | $5.6Mbefore exit |
| MDT Medtronic PLC | put | Sold out | 63,500 | $5.5Mbefore exit |
| MDT Medtronic PLC | call | Sold out | 63,500 | $5.5Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 10,000 | $5.5Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 10,000 | $5.5Mbefore exit |
| EEM iShares MSCI Emerging Market | call | Sold out | 81,900 | $4.0Mbefore exit |
| FXE Invesco Currencyshares Euro | call | Sold out | 29,900 | $3.3Mbefore exit |
| FXE Invesco Currencyshares Euro | put | Sold out | 29,900 | $3.3Mbefore exit |
| USO United States Oil Fund LP | put | Sold out | 42,000 | $3.1Mbefore exit |
| MS Morgan Stanley | put | Sold out | 20,600 | $2.9Mbefore exit |
| MS Morgan Stanley | call | Sold out | 20,600 | $2.9Mbefore exit |
| FEZ State Street SPDR Euro Stoxx | put | Sold out | 45,500 | $2.7Mbefore exit |
| WBA Walgreens Boots Alliance Inc. | call | Sold out | 199,600 | $2.3Mbefore exit |
| WBA Walgreens Boots Alliance Inc. | put | Sold out | 199,600 | $2.3Mbefore exit |
| XLC SS Comm Select Sector SPDR | call | Sold out | 21,000 | $2.3Mbefore exit |
| GS Goldman Sachs Group Inc. | call | Sold out | 2,600 | $1.8Mbefore exit |
| GS Goldman Sachs Group Inc. | put | Sold out | 2,600 | $1.8Mbefore exit |
| INDA iShares MSCI India ETF | call | Sold out | 24,500 | $1.4Mbefore exit |
| ARGT Global X MSCI Argentina ETF | call | New | 13,500 | $942K |
| EWC iShares MSCI Canada ETF | call | Sold out | 17,600 | $813Kbefore exit |
| EWC iShares MSCI Canada ETF | put | Sold out | 17,600 | $813Kbefore exit |
| EQT Eqt Corp. | call | New | 12,000 | $653K |
| COST Costco Wholesale Corp. | call | Sold out | 500 | $495Kbefore exit |
| ADBE Adobe Inc. | call | Sold out | 1,200 | $464Kbefore exit |
| MCD McDonald's Corp. | call | Sold out | 1,200 | $351Kbefore exit |
| CRM Salesforce Inc. | call | Sold out | 700 | $191Kbefore exit |
| PARAA Paramount Global Class B | put | Sold out | 10,400 | $134Kbefore exit |
| ABBV Abbvie Inc. | call | Sold out | 600 | $111Kbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 700 | $111Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | New | 10,705,000 | $6.8M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | Sold out | 3,000,000 | $1.9Mbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 412 | $1.3B | VOO, IWF, MGK, NVDA, AMZN |
| Q1 2026 | 302 | $1.0B | VOO, IWF, MGK, MGV, NVDA |
| Q4 2025 | 221 | $893.2M | SPY, IWF, MGK, MGV, GOOG |
| Q3 2025 | 233 | $841.7M | SPY, IWF, MGK, MGV, NVDA |
| Q2 2025 | 205 | $741.4M | SPY, IWF, MGK, MGV, VGK |
| Q1 2025 | 212 | $770.6M | SPY, IWF, GOOG, BRK.B, MGV |
| Q4 2024 | 246 | $773.0M | SPY, IWF, GOOG, BRK.B, MGV |
| Q3 2024 | 192 | $688.9M | SPY, IWF, BRK.B, GOOG, MGV |
| Q2 2024 | 111 | $399.1M | SPY, IWF, BRK.B, FLUT, LQD |