Castleark Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Castleark Management LLC reported 280 stock positions worth $2.9 billion. Its top holding was Castleark Large Growth ETF (CARK) at 10.2% of the portfolio, followed by Apple (AAPL, 4.6%) and Nvidia (NVDA, 4.2%). Compared with Q4 2024, it opened 72 new positions, sold out of 75, added to 84 and reduced 52. The biggest buy was a new position in Castleark Large Growth ETF (CARK) and the biggest sale SS SPDR P Int C Corp. ETF (SPIB, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001106832
- Portfolio Value
- $2.9B (Q1 2025)
- SEC Filing
- 0001106832-25-000004 ↗ filed May 15, 2025
Holdings Value
Holdings 280 stocks · $2.9B
| CARK Castleark Large Growth ETF | 10.21% | 8,394,730 | $294.5M | New |
| AAPL Apple Inc. | 4.65% | 603,651 | $134.1M | Reduce -10.9% |
| NVDA Nvidia Corp. | 4.22% | 1,123,760 | $121.8M | Add +4.6% |
| AMZN Amazon.com Inc. | 3.76% | 570,531 | $108.5M | Add +1.9% |
| MSFT Microsoft Corp. | 3.59% | 275,602 | $103.5M | Reduce -18.9% |
| GOVT iShares US Treasury Bond ETF | 3.25% | 4,079,819 | $93.8M | Add +151.6% |
| META Meta Platforms Inc. Class A | 2.86% | 143,046 | $82.4M | Add +12.8% |
| MA Mastercard Inc. Class A | 2.60% | 137,007 | $75.1M | Add +1.3% |
| VMBS Vanguard Mortgage-Backed Sec | 2.58% | 1,609,080 | $74.5M | No change |
| V Visa Inc. Class A | 2.54% | 209,193 | $73.3M | Add +1.3% |
| NFLX Netflix Inc. | 2.46% | 76,070 | $70.9M | Add +3.0% |
| SPIB SS SPDR P Int C Corp. ETF | 2.36% | 2,045,580 | $68.0M | Reduce -45.6% |
| LLY Eli Lilly & Co. | 2.28% | 79,692 | $65.8M | Add +86.3% |
| ISRG Intuitive Surgical Inc. | 1.98% | 115,425 | $57.2M | Add +27.6% |
| GOOGL Alphabet Inc. Class A | 1.96% | 366,089 | $56.6M | Add +1.2% |
| ANET Arista Networks Inc. | 1.92% | 713,790 | $55.3M | Add +17.5% |
| BX Blackstone Inc. | 1.87% | 386,666 | $54.0M | Reduce -7.3% |
| NOW ServiceNow Inc. | 1.67% | 60,694 | $48.3M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.08% | 66,630 | $31.2M | New |
| TLT iShares 20+ Year Treasury BD | 1.08% | 341,660 | $31.1M | Add +79.5% |
| SHOP Shopify Inc. Class A | 0.92% | 277,916 | $26.5M | Add +2.5% |
| TT Trane Technologies PLC | 0.86% | 73,988 | $24.9M | Add +1.2% |
| FICO Fair Isaac Corp. | 0.85% | 13,270 | $24.5M | Add +1.2% |
| SBUX Starbucks Corp. | 0.80% | 234,592 | $23.0M | Add +1.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.79% | 47,039 | $22.8M | Add +1.2% |
| TLH iShares 10-20 Year Treasury | 0.78% | 215,592 | $22.4M | No change |
| GLD SPDR Gold Shares | 0.72% | 71,895 | $20.7M | Add +60.6% |
| ACN Accenture PLC Class A | 0.64% | 59,394 | $18.5M | New |
| MBB iShares MBS ETF | 0.64% | 196,905 | $18.5M | No change |
| SPTS SS SPDR P St Term TSY ETF | 0.62% | 607,790 | $17.8M | No change |
| LRCX Lam Research Corp. | 0.57% | 226,938 | $16.5M | Add +87.1% |
| DOCU Docusign Inc. | 0.56% | 198,840 | $16.2M | Add +1.2% |
| PM Philip Morris International | 0.50% | 90,620 | $14.4M | Add +4.0% |
| XLC SS Comm Select Sector SPDR | 0.45% | 134,870 | $13.0M | New |
| VRNA Verona Pharma Ltd. | 0.41% | 186,170 | $11.8M | Add +0.2% |
| VST Vistra Corp. | 0.39% | 96,975 | $11.4M | Add +59.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.37% | 87,660 | $10.7M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.37% | 64,030 | $10.6M | Add +26.1% |
| XLV SS Health Care Select Sector | 0.36% | 71,120 | $10.4M | No change |
| MWA Mueller Water Products Inc. Class A | 0.33% | 377,960 | $9.6M | Add +2.3% |
| TGTX TG Therapeutics Inc. | 0.32% | 237,090 | $9.3M | Add +12.2% |
| WMT Walmart Inc. | 0.32% | 104,040 | $9.1M | New |
| ADMA Adma Biologics Inc. | 0.31% | 456,266 | $9.1M | Add +18.1% |
| RACE Ferrari NV | 0.31% | 20,626 | $8.8M | Add +8.5% |
| JLL Jones Lang Lasalle Inc. | 0.30% | 35,440 | $8.8M | Add +2.5% |
| AVGO Broadcom Inc. | 0.30% | 52,010 | $8.7M | Reduce -80.1% |
| CYBR Cyberark Software Ltd./Israel | 0.30% | 25,420 | $8.6M | Reduce -19.5% |
| MCD McDonald's Corp. | 0.30% | 27,470 | $8.6M | New |
| EQT Eqt Corp. | 0.30% | 159,965 | $8.5M | Reduce -52.0% |
| JPM JPMorgan Chase & Co. | 0.29% | 33,705 | $8.3M | Add +114.9% |
| COF Capital One Financial Corp. | 0.28% | 45,730 | $8.2M | Add +26.1% |
| HWM Howmet Aerospace Inc. | 0.28% | 62,870 | $8.2M | New |
| GE General Electric filed as GE AEROSPACE | 0.28% | 40,750 | $8.2M | New |
| FTI Technipfmc PLC | 0.28% | 256,625 | $8.1M | Reduce -33.5% |
| KNF Knife River Corp. | 0.28% | 90,050 | $8.1M | Add +9.6% |
| XPO Xpo Inc. | 0.28% | 74,414 | $8.0M | Add +2.3% |
| EVR Evercore Inc. Class A | 0.28% | 40,020 | $8.0M | Add +2.3% |
| PLNT Planet Fitness Inc. Class A | 0.27% | 82,090 | $7.9M | New |
| PGR Progressive Corp. | 0.27% | 27,870 | $7.9M | No change |
| AIT Applied Industrial Tech Inc. | 0.27% | 34,730 | $7.8M | New |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.27% | 71,170 | $7.7M | No change |
| CRM Salesforce Inc. | 0.27% | 28,710 | $7.7M | Reduce -26.2% |
| EWJ iShares MSCI Japan ETF | 0.27% | 112,080 | $7.7M | No change |
| PEGA Pegasystems Inc. | 0.26% | 108,650 | $7.6M | Add +13.6% |
| GTES Gates Industrial Corp. UK Ltd. | 0.26% | 410,190 | $7.6M | Add +2.3% |
| IAK iShares U.S. Insurance ETF | 0.26% | 54,070 | $7.5M | No change |
| PAR Par Technology Corp. | 0.26% | 120,860 | $7.4M | Add +8.3% |
| EXLS Exlservice Holdings Inc. | 0.25% | 155,580 | $7.3M | Add +2.3% |
| BROS Dutch Bros Inc. Class A | 0.25% | 117,690 | $7.3M | Add +17.0% |
| ALKT Alkami Technology Inc. | 0.25% | 272,240 | $7.1M | Add +32.3% |
| SF Stifel Financial Corp. | 0.25% | 75,370 | $7.1M | Add +2.3% |
| LAD Lithia Motors Inc. | 0.24% | 23,880 | $7.0M | Add +56.1% |
| LGND Ligand Pharmaceuticals | 0.24% | 66,463 | $7.0M | Add +2.1% |
| IDCC Interdigital Inc. | 0.24% | 33,420 | $6.9M | New |
| HQY Healthequity Inc. | 0.24% | 77,960 | $6.9M | Reduce -24.3% |
| PCTY Paylocity Holding Corp. | 0.24% | 36,650 | $6.9M | Add +21.2% |
| CWST Casella Waste Systems Inc. Class A | 0.23% | 60,770 | $6.8M | Add +2.3% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.23% | 123,304 | $6.7M | Reduce -68.0% |
| KD Kyndryl Holdings Inc. | 0.23% | 214,360 | $6.7M | Add +5.8% |
| XLRE SS Real Estate Select Sector | 0.23% | 160,370 | $6.7M | No change |
| SKY Champion Homes Inc. | 0.23% | 69,750 | $6.6M | Add +18.2% |
| FOUR SHIFT4 Payments Inc. Class A | 0.23% | 80,780 | $6.6M | Add +2.3% |
| BSX Boston Scientific Corp. | 0.23% | 64,870 | $6.5M | New |
| XLF SS Financial Select Sector | 0.23% | 131,130 | $6.5M | No change |
| LPLA LPL Financial Holdings Inc. | 0.23% | 19,890 | $6.5M | New |
| APG Api Group Corp. | 0.22% | 181,283 | $6.5M | Add +80.8% |
| CR Crane Co. | 0.22% | 42,240 | $6.5M | Add +8.7% |
| IMAX Imax Corp. | 0.22% | 244,421 | $6.4M | Add +1.0% |
| GENI Genius Sports Ltd. | 0.22% | 641,200 | $6.4M | Add +40.0% |
| VMI Valmont Industries | 0.22% | 22,210 | $6.3M | Add +2.3% |
| EFA iShares MSCI Eafe ETF | 0.22% | 76,840 | $6.3M | No change |
| UTI Universal Technical Institut | 0.21% | 239,390 | $6.1M | New |
| NTRA Natera Inc. | 0.21% | 43,350 | $6.1M | Add +3.1% |
| RMBS Rambus Inc. | 0.21% | 118,100 | $6.1M | Reduce -15.6% |
| GMED Globus Medical Inc. Class A | 0.21% | 83,220 | $6.1M | Add +2.3% |
| WH Wyndham Hotels & Resorts Inc. | 0.21% | 66,560 | $6.0M | Add +2.3% |
| LTH Life Time Group Holdings Inc. | 0.21% | 199,260 | $6.0M | New |
| LITE Lumentum Holdings Inc. | 0.21% | 96,110 | $6.0M | Add +2.3% |
| G Genpact Ltd. | 0.20% | 115,980 | $5.8M | New |
| VCYT Veracyte Inc. | 0.20% | 195,010 | $5.8M | Add +15.1% |
Portfolio Sells Q4 2024 → Q1 2025
| SPIB SS SPDR P Int C Corp. ETF | Reduce -45.6% | 2.36% | −1.94 |
| AVGO Broadcom Inc. | Reduce -80.1% | 0.30% | −1.81 |
| MSFT Microsoft Corp. | Reduce -18.9% | 3.59% | −1.41 |
| TTD Trade Desk Inc./the Class A | Reduce -68.0% | 0.23% | −1.34 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −1.31 |
| AAPL Apple Inc. | Reduce -10.9% | 4.65% | −1.27 |
| BX Blackstone Inc. | Reduce -7.3% | 1.87% | −0.63 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.56 |
| MPC Marathon Petroleum Corp. | Reduce -97.6% | 0.01% | −0.47 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.40 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.35 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.34 |
| FTAI Ftai Aviation Ltd. | Reduce -70.2% | 0.10% | −0.33 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -83.3% | 0.06% | −0.31 |
| CRDO Credo Technology Group Holdi | Reduce -55.3% | 0.11% | −0.31 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.31 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.30 |
| MOD Modine Manufacturing Co. | Sold out | 0.00% | −0.29 |
| SITM Sitime Corp. | Sold out | 0.00% | −0.29 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.28 |
| SMTC Semtech Corp. | Sold out | 0.00% | −0.26 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.26 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.26 |
| EQT Eqt Corp. | Reduce -52.0% | 0.30% | −0.24 |
| LAZ Lazard Inc. | Sold out | 0.00% | −0.24 |
| WK Workiva Inc. | Sold out | 0.00% | −0.24 |
| S Sentinelone Inc. Class A | Sold out | 0.00% | −0.23 |
| MTSI Macom Technology Solutions H | Sold out | 0.00% | −0.23 |
| AXON Axon Enterprise Inc. | Reduce -94.0% | 0.01% | −0.23 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.23 |
| RRX Regal Rexnord Corp. | Sold out | 0.00% | −0.22 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.22 |
| PAYO Payoneer Global Inc. | Sold out | 0.00% | −0.21 |
| HRI Herc Holdings Inc. | Sold out | 0.00% | −0.21 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.21 |
| RDNT Radnet Inc. | Reduce -73.0% | 0.05% | −0.21 |
| HAS Hasbro Inc. | Sold out | 0.00% | −0.20 |
| WD Walker & Dunlop Inc. | Sold out | 0.00% | −0.20 |
| HBI Hanesbrands Inc. | Sold out | 0.00% | −0.20 |
| FLR Fluor Corp. | Sold out | 0.00% | −0.20 |
| GKOS Glaukos Corp. | Reduce -58.5% | 0.07% | −0.20 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.20 |
| TSEM Tower Semiconductor Ltd. | Sold out | 0.00% | −0.19 |
| CRM Salesforce Inc. | Reduce -26.2% | 0.27% | −0.19 |
| XHB SS SPDR S&P Homebldrs ETF | Sold out | 0.00% | −0.18 |
| KRE SS SPDR S&P Regional Bank | Reduce -59.6% | 0.11% | −0.18 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.17 |
| CAVA Cava Group Inc. | Sold out | 0.00% | −0.17 |
| RVLV Revolve Group Inc. Class A | Sold out | 0.00% | −0.16 |
| PRG Prog Holdings Inc. | Sold out | 0.00% | −0.15 |
Portfolio Buys Q4 2024 → Q1 2025
| CARK Castleark Large Growth ETF | New | 10.21% | +10.21 |
| GOVT iShares US Treasury Bond ETF | Add +151.6% | 3.25% | +1.95 |
| LLY Eli Lilly & Co. | Add +86.3% | 2.28% | +1.13 |
| QQQ Invesco QQQ Trust Series 1 | New | 1.08% | +1.08 |
| ACN Accenture PLC Class A | New | 0.64% | +0.64 |
| TLT iShares 20+ Year Treasury BD | Add +79.5% | 1.08% | +0.50 |
| XLC SS Comm Select Sector SPDR | New | 0.45% | +0.45 |
| GLD SPDR Gold Shares | Add +60.6% | 0.72% | +0.34 |
| ISRG Intuitive Surgical Inc. | Add +27.6% | 1.98% | +0.33 |
| WMT Walmart Inc. | New | 0.32% | +0.32 |
| MCD McDonald's Corp. | New | 0.30% | +0.30 |
| GE General Electric | New | 0.28% | +0.28 |
| HWM Howmet Aerospace Inc. | New | 0.28% | +0.28 |
| PLNT Planet Fitness Inc. Class A | New | 0.27% | +0.27 |
| AIT Applied Industrial Tech Inc. | New | 0.27% | +0.27 |
| META Meta Platforms Inc. Class A | Add +12.8% | 2.86% | +0.27 |
| LRCX Lam Research Corp. | Add +87.1% | 0.57% | +0.27 |
| V Visa Inc. Class A | Add +1.3% | 2.54% | +0.26 |
| IDCC Interdigital Inc. | New | 0.24% | +0.24 |
| BSX Boston Scientific Corp. | New | 0.23% | +0.23 |
| LPLA LPL Financial Holdings Inc. | New | 0.23% | +0.23 |
| UTI Universal Technical Institut | New | 0.21% | +0.21 |
| LTH Life Time Group Holdings Inc. | New | 0.21% | +0.21 |
| G Genpact Ltd. | New | 0.20% | +0.20 |
| WAY Waystar Holding Corp. | New | 0.20% | +0.20 |
| RBC RBC Bearings Inc. | New | 0.19% | +0.19 |
| SRAD Sportradar Group AG-A | New | 0.19% | +0.19 |
| HURN Huron Consulting Group Inc. | New | 0.19% | +0.19 |
| SAN Banco Santander SA-Spon ADR | New | 0.19% | +0.19 |
| LRN Stride Inc. | New | 0.19% | +0.19 |
| TPB Turning Point Brands Inc. | New | 0.18% | +0.18 |
| MEDP Medpace Holdings Inc. | New | 0.18% | +0.18 |
| BCS Barclays PLC-Spons ADR | New | 0.18% | +0.18 |
| IRTC Irhythm Holdings Inc. | New | 0.18% | +0.18 |
| ITRI Itron Inc. | New | 0.18% | +0.18 |
| CWAN Clearwater Analytics HDS-A | New | 0.17% | +0.17 |
| TPR Tapestry Inc. | New | 0.17% | +0.17 |
| EUAD Select Stoxx Eur Aer DE ETF | New | 0.17% | +0.17 |
| HSBC HSBC Holdings PLC-Spons ADR | New | 0.17% | +0.17 |
| KRYS Krystal Biotech Inc. | New | 0.16% | +0.16 |
| NFLX Netflix Inc. | Add +3.0% | 2.46% | +0.16 |
| SHAK Shake Shack Inc. Class A | New | 0.16% | +0.16 |
| JPM JPMorgan Chase & Co. | Add +114.9% | 0.29% | +0.16 |
| C Citigroup Inc. | Add +1618.6% | 0.16% | +0.15 |
| PHR Phreesia Inc. | New | 0.15% | +0.15 |
| MAT Mattel Inc. | New | 0.15% | +0.15 |
| CPRX Catalyst Pharmaceuticals Inc. | New | 0.14% | +0.14 |
| PEN Penumbra Inc. | New | 0.14% | +0.14 |
| FN Fabrinet | New | 0.14% | +0.14 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.14% | +0.14 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 309 | $3.7B | NVDA, GOOGL, AAPL, LRCX, MSFT |
| Q1 2026 | 292 | $3.0B | NVDA, GOOGL, MSFT, SPIB, AAPL |
| Q4 2025 | 294 | $3.4B | NVDA, MSFT, GOOGL, AMZN, AAPL |
| Q3 2025 | 284 | $3.6B | CARK, NVDA, MSFT, META, AAPL |
| Q2 2025 | 275 | $3.3B | CARK, NVDA, MSFT, AMZN, META |
| Q1 2025 | 280 | $2.9B | CARK, AAPL, NVDA, AMZN, MSFT |
| Q4 2024 | 283 | $2.9B | AAPL, NVDA, MSFT, SPIB, AMZN |
| Q3 2024 | 272 | $2.5B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q2 2024 | 271 | $2.4B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q1 2024 | 278 | $2.4B | MSFT, NVDA, AAPL, AMZN, META |