Castleark Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 17, 2025), Castleark Management LLC reported 284 stock positions worth $3.6 billion. Its top holding was Castleark Large Growth ETF (CARK) at 9.0% of the portfolio, followed by Nvidia (NVDA, 7.2%) and Microsoft (MSFT, 5.3%). Compared with Q2 2025, it opened 60 new positions, sold out of 51, added to 78 and reduced 55. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale Philip Morris International (PM, shares −85%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001106832
Portfolio Value
$3.6B (Q3 2025)
SEC Filing
0001106832-25-000008 ↗ filed Nov 17, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.4B Q1 2024 Q2 2024: $2.4B Q2 2024 Q3 2024: $2.5B Q3 2024 Q4 2024: $2.9B Q4 2024 Q1 2025: $2.9B Q1 2025 Q2 2025: $3.3B Q2 2025 Q3 2025: $3.6B $3.6B Q3 2025 Q4 2025: $3.4B Q4 2025 Q1 2026: $3.0B Q1 2026 Q2 2026: $3.7B Q2 2026

Holdings 284 stocks · $3.6B
CARK Castleark Large Growth ETF 9.03% 7,383,950 $322.1M Reduce -12.6%
NVDA Nvidia Corp. 7.21% 1,377,516 $257.0M Reduce -2.9%
MSFT Microsoft Corp. 5.25% 361,604 $187.3M Reduce -2.8%
META Meta Platforms Inc. Class A 3.03% 147,375 $108.2M Reduce -3.5%
AAPL Apple Inc. 2.71% 380,021 $96.8M Reduce -3.4%
GOOGL Alphabet Inc. Class A 2.55% 373,879 $90.9M Reduce -3.5%
AMZN Amazon.com Inc. 2.40% 390,607 $85.8M Reduce -34.8%
SPIB SS SPDR P Int C Corp. ETF 2.39% 2,519,370 $85.4M No change
VMBS Vanguard Mortgage-Backed Sec 2.25% 1,705,540 $80.1M No change
GOVT iShares US Treasury Bond ETF 2.11% 3,258,099 $75.3M No change
AVGO Broadcom Inc. 1.90% 205,886 $67.9M New
LRCX Lam Research Corp. 1.89% 504,120 $67.5M Reduce -3.5%
NFLX Netflix Inc. 1.85% 54,948 $65.9M Reduce -14.2%
ANET Arista Networks Inc. 1.64% 402,479 $58.6M Reduce -51.1%
SCHW Schwab (charles) Corp. 1.64% 611,674 $58.4M Add +78.7%
MA Mastercard Inc. Class A 1.60% 100,329 $57.1M Reduce -23.4%
V Visa Inc. Class A 1.60% 167,090 $57.0M Reduce -23.0%
SHOP Shopify Inc. Class A 1.41% 338,244 $50.3M Add +15.1%
NOW ServiceNow Inc. 1.37% 52,978 $48.8M Reduce -16.4%
BX Blackstone Inc. 1.15% 239,174 $40.9M Add +15.1%
SPTS SS SPDR P St Term TSY ETF 1.10% 1,334,080 $39.1M No change
LLY Eli Lilly & Co. 0.95% 44,553 $34.0M Reduce -3.5%
SNOW Snowflake Inc. 0.94% 148,110 $33.4M Reduce -3.5%
EFA iShares MSCI Eafe ETF 0.91% 347,580 $32.5M No change
MCHP Microchip Technology Inc. 0.85% 472,344 $30.3M Add +233.3%
GEV GE Vernova Inc. 0.80% 46,573 $28.6M Add +854.4%
TLH iShares 10-20 Year Treasury 0.75% 258,432 $26.6M No change
UBER Uber Technologies Inc. 0.71% 257,268 $25.2M Add +179.4%
SPOT Spotify Technology SA 0.64% 32,751 $22.9M Reduce -3.5%
DXCM Dexcom Inc. 0.57% 300,249 $20.2M Reduce -3.6%
MBB iShares MBS ETF 0.53% 196,905 $18.7M No change
VRT Vertiv Holdings Co. Class A 0.52% 122,201 $18.4M New
VCLT Vanguard Long-Term Corp. Bond 0.51% 236,450 $18.4M No change
JPM JPMorgan Chase & Co. 0.47% 53,365 $16.8M Add +58.3%
KTOS Kratos Defense & Security 0.46% 180,954 $16.5M Add +3.9%
XRT SS SPDR S&P Retail ETF 0.45% 188,220 $16.2M Add +19.5%
ETN Eaton Corp. PLC 0.45% 43,052 $16.1M Add +16458.5%
GE General Electric filed as GE AEROSPACE 0.44% 52,740 $15.9M Add +84.2%
GILD Gilead Sciences Inc. 0.44% 141,032 $15.7M Add +2545.0%
PODD Insulet Corp. 0.44% 50,497 $15.6M Add +5.9%
TSM Taiwan Semiconductor-SP ADR 0.44% 55,610 $15.5M No change
HD Home Depot Inc. 0.42% 37,270 $15.1M Add +1520.4%
ADI Analog Devices Inc. 0.41% 59,476 $14.6M New
WMT Walmart Inc. 0.41% 141,260 $14.6M Add +65.2%
CEG Constellation Energy 0.41% 44,030 $14.5M Add +93.6%
LNG Cheniere Energy Inc. 0.40% 61,301 $14.4M Reduce -3.4%
ORCL Oracle Corp. 0.40% 51,200 $14.4M New
MS Morgan Stanley 0.40% 90,240 $14.3M Add +17.9%
BE Bloom Energy Corp. Class A 0.40% 169,125 $14.3M Add +2179.3%
IGIB iShares 5-10Y Inv Grade Corp. 0.39% 259,994 $14.1M No change
AVAV Aerovironment Inc. 0.37% 42,313 $13.3M Add +42.7%
DAL Delta Air Lines Inc. 0.37% 229,490 $13.0M New
RMBS Rambus Inc. 0.32% 110,838 $11.5M Reduce -3.4%
LGND Ligand Pharmaceuticals 0.32% 64,676 $11.5M New
STRL Sterling Infrastructure Inc. 0.31% 32,910 $11.2M Add +14.5%
BKNG Booking Holdings Inc. 0.31% 2,060 $11.1M Add +89.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.31% 76,940 $11.1M Reduce -12.2%
LIF LIFE360 Inc. 0.30% 100,802 $10.7M Add +19.2%
LITE Lumentum Holdings Inc. 0.30% 65,823 $10.7M Add +3.9%
RACE Ferrari NV 0.30% 22,000 $10.7M Add +2.1%
EVR Evercore Inc. Class A 0.29% 31,086 $10.5M Add +13.4%
EYE National Vision Holdings Inc. 0.29% 352,276 $10.3M Add +37.9%
IRTC Irhythm Holdings Inc. 0.28% 58,393 $10.0M Add +21.2%
GH Guardant Health Inc. 0.28% 160,073 $10.0M Add +31.7%
VST Vistra Corp. 0.28% 50,910 $10.0M Reduce -2.8%
SF Stifel Financial Corp. 0.28% 87,670 $9.9M Add +3.9%
GTES Gates Industrial Corp. UK Ltd. 0.28% 398,452 $9.9M Add +3.9%
SITM Sitime Corp. 0.28% 32,584 $9.8M Add +3.9%
PNC PNC Financial Services Group 0.27% 48,240 $9.7M New
IDCC Interdigital Inc. 0.27% 28,066 $9.7M Reduce -13.5%
PIPR Piper Sandler Cos 0.27% 27,846 $9.7M New
EXE Expand Energy Corp. 0.27% 89,240 $9.5M No change
SPXC SPX Technologies Inc. 0.25% 48,477 $9.1M Add +4.0%
XMTR Xometry Inc. Class A 0.25% 163,948 $8.9M Add +27.6%
MPC Marathon Petroleum Corp. 0.25% 46,258 $8.9M Add +1878.5%
DY Dycom Industries Inc. 0.25% 30,026 $8.8M New
GENI Genius Sports Ltd. 0.24% 704,666 $8.7M Add +4.0%
FN Fabrinet 0.24% 23,797 $8.7M Reduce -25.4%
NXT Nextpower Inc. filed as NEXTRACKER INC 0.24% 117,054 $8.7M Add +2333.6%
PLNT Planet Fitness Inc. Class A 0.24% 82,515 $8.6M Add +3.5%
ASND Ascendis Pharma A/S 0.24% 42,656 $8.5M New
TLT iShares 20+ Year Treasury BD 0.24% 94,540 $8.4M No change
XTL SS SPDR S&P Telecom ETF 0.23% 59,740 $8.4M New
SIG Signet Jewelers Ltd. 0.23% 86,758 $8.3M Add +3.9%
AEIS Advanced Energy Industries 0.23% 47,713 $8.1M Add +4.0%
XBI SS SPDR S&P Biotech ETF 0.23% 80,890 $8.1M New
PM Philip Morris International 0.23% 49,855 $8.1M Reduce -85.2%
AMSC American Superconductor Corp. 0.23% 135,617 $8.1M Add +24.2%
HCI Hci Group Inc. 0.22% 41,285 $7.9M Add +3.7%
C Citigroup Inc. 0.22% 77,944 $7.9M Reduce -41.9%
CELH Celsius Holdings Inc. 0.22% 137,502 $7.9M Add +19.2%
RCL Royal Caribbean Cruises Ltd. 0.22% 24,310 $7.9M Reduce -31.7%
MRCY Mercury Systems Inc. 0.22% 101,468 $7.9M Add +9.3%
CECO Ceco Environmental Corp. 0.22% 153,385 $7.9M New
SEI Solaris Energy Infrastructur 0.22% 193,926 $7.8M Add +151.8%
CAT Caterpillar Inc. 0.22% 16,230 $7.7M New
WGS Genedx Holdings Corp. 0.22% 71,786 $7.7M New
TPB Turning Point Brands Inc. 0.22% 77,954 $7.7M Reduce -17.9%
FTI Technipfmc PLC 0.22% 195,136 $7.7M Reduce -10.1%
EQT Eqt Corp. 0.21% 140,485 $7.6M Add +42.8%

Show all 284 holdings

Portfolio Sells Q2 2025 → Q3 2025
PM Philip Morris International Reduce -85.2% 0.23% −1.62
AMZN Amazon.com Inc. Reduce -34.8% 2.40% −1.54
ISRG Intuitive Surgical Inc. Reduce -98.7% 0.01% −1.48
CARK Castleark Large Growth ETF Reduce -12.6% 9.03% −1.44
TT Trane Technologies PLC Sold out 0.00% −1.03
ANET Arista Networks Inc. Reduce -51.1% 1.64% −0.89
NFLX Netflix Inc. Reduce -14.2% 1.85% −0.73
V Visa Inc. Class A Reduce -23.0% 1.60% −0.72
MA Mastercard Inc. Class A Reduce -23.4% 1.60% −0.61
NOW ServiceNow Inc. Reduce -16.4% 1.37% −0.59
FICO Fair Isaac Corp. Sold out 0.00% −0.49
VRNA Verona Pharma Ltd. Sold out 0.00% −0.43
META Meta Platforms Inc. Class A Reduce -3.5% 3.03% −0.35
MSFT Microsoft Corp. Reduce -2.8% 5.25% −0.31
ODFL Old Dominion Freight Line Sold out 0.00% −0.29
LPLA LPL Financial Holdings Inc. Sold out 0.00% −0.25
DXCM Dexcom Inc. Reduce -3.6% 0.57% −0.25
ALKT Alkami Technology Inc. Sold out 0.00% −0.24
HQY Healthequity Inc. Sold out 0.00% −0.24
LAD Lithia Motors Inc. Sold out 0.00% −0.23
BROS Dutch Bros Inc. Class A Sold out 0.00% −0.23
CLS Celestica Inc. Reduce -97.6% 0.01% −0.23
PGR Progressive Corp. Sold out 0.00% −0.22
RBC RBC Bearings Inc. Sold out 0.00% −0.22
IAK iShares U.S. Insurance ETF Sold out 0.00% −0.22
WAY Waystar Holding Corp. Sold out 0.00% −0.22
PAR Par Technology Corp. Sold out 0.00% −0.22
UTI Universal Technical Institut Sold out 0.00% −0.21
CWST Casella Waste Systems Inc. Class A Sold out 0.00% −0.20
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.20
KD Kyndryl Holdings Inc. Sold out 0.00% −0.20
FLR Fluor Corp. Sold out 0.00% −0.20
DE Deere & Co. Reduce -72.0% 0.06% −0.19
AVPT Avepoint Inc. Sold out 0.00% −0.18
CORZ Core Scientific Inc. Reduce -79.0% 0.05% −0.18
PEN Penumbra Inc. Reduce -93.0% 0.01% −0.18
LTH Life Time Group Holdings Inc. Sold out 0.00% −0.18
NTRA Natera Inc. Sold out 0.00% −0.18
RDNT Radnet Inc. Sold out 0.00% −0.16
PAY Paymentus Holdings Inc. Class A Sold out 0.00% −0.16
QTWO Q2 Holdings Inc. Sold out 0.00% −0.16
FOUR SHIFT4 Payments Inc. Class A Sold out 0.00% −0.16
OI O-I Glass Inc. Sold out 0.00% −0.15
RRC Range Resources Corp. Reduce -53.8% 0.10% −0.15
OPCH Option Care Health Inc. Sold out 0.00% −0.14
SPOT Spotify Technology SA Reduce -3.5% 0.64% −0.14
MOD Modine Manufacturing Co. Sold out 0.00% −0.14
CNK Cinemark Holdings Inc. Sold out 0.00% −0.13
MANH Manhattan Associates Inc. Reduce -90.4% 0.01% −0.13
CRS Carpenter Technology Reduce -91.7% 0.01% −0.13

Portfolio Buys Q2 2025 → Q3 2025
AVGO Broadcom Inc. New 1.90% +1.90
GEV GE Vernova Inc. Add +854.4% 0.80% +0.73
SCHW Schwab (charles) Corp. Add +78.7% 1.64% +0.70
MCHP Microchip Technology Inc. Add +233.3% 0.85% +0.55
VRT Vertiv Holdings Co. Class A New 0.52% +0.52
ETN Eaton Corp. PLC Add +16458.5% 0.45% +0.45
UBER Uber Technologies Inc. Add +179.4% 0.71% +0.45
GILD Gilead Sciences Inc. Add +2545.0% 0.44% +0.42
ADI Analog Devices Inc. New 0.41% +0.41
ORCL Oracle Corp. New 0.40% +0.40
HD Home Depot Inc. Add +1520.4% 0.42% +0.40
BE Bloom Energy Corp. Class A Add +2179.3% 0.40% +0.40
SHOP Shopify Inc. Class A Add +15.1% 1.41% +0.39
DAL Delta Air Lines Inc. New 0.37% +0.37
LGND Ligand Pharmaceuticals New 0.32% +0.32
PNC PNC Financial Services Group New 0.27% +0.27
PIPR Piper Sandler Cos New 0.27% +0.27
DY Dycom Industries Inc. New 0.25% +0.25
MPC Marathon Petroleum Corp. Add +1878.5% 0.25% +0.24
ASND Ascendis Pharma A/S New 0.24% +0.24
NXT Nextpower Inc. Add +2333.6% 0.24% +0.23
XTL SS SPDR S&P Telecom ETF New 0.23% +0.23
XBI SS SPDR S&P Biotech ETF New 0.23% +0.23
GE General Electric Add +84.2% 0.44% +0.22
KTOS Kratos Defense & Security Add +3.9% 0.46% +0.22
CECO Ceco Environmental Corp. New 0.22% +0.22
CAT Caterpillar Inc. New 0.22% +0.22
WGS Genedx Holdings Corp. New 0.22% +0.22
AIR Aar Corp. New 0.21% +0.21
BX Blackstone Inc. Add +15.1% 1.15% +0.21
RKT Rocket Cos Inc. Class A New 0.21% +0.21
TTMI TTM Technologies New 0.21% +0.21
JBTM JBT Marel Corp. New 0.20% +0.20
CEG Constellation Energy Add +93.6% 0.41% +0.19
XHB SS SPDR S&P Homebldrs ETF New 0.18% +0.18
SSD Simpson Manufacturing Co. Inc. New 0.18% +0.18
URI United Rentals Inc. New 0.18% +0.18
SANM Sanmina Corp. New 0.18% +0.18
AXON Axon Enterprise Inc. Add +1751.3% 0.19% +0.18
PRCH Porch Group Inc. New 0.18% +0.18
JPM JPMorgan Chase & Co. Add +58.3% 0.47% +0.18
HOOD Robinhood Markets Inc. Class A Add +349.8% 0.21% +0.18
ZETA Zeta Global Holdings Corp. Class A Add +593.6% 0.20% +0.17
KNSA Kiniksa Pharmaceuticals Inte New 0.17% +0.17
FAST Fastenal Co. Add +1776.0% 0.18% +0.17
VC Visteon Corp. New 0.16% +0.16
FIVE Five Below New 0.16% +0.16
WMT Walmart Inc. Add +65.2% 0.41% +0.16
NCNO Ncino Inc. New 0.15% +0.15
SEI Solaris Energy Infrastructur Add +151.8% 0.22% +0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 309$3.7BNVDA, GOOGL, AAPL, LRCX, MSFT
Q1 2026 292$3.0BNVDA, GOOGL, MSFT, SPIB, AAPL
Q4 2025 294$3.4BNVDA, MSFT, GOOGL, AMZN, AAPL
Q3 2025 284$3.6BCARK, NVDA, MSFT, META, AAPL
Q2 2025 275$3.3BCARK, NVDA, MSFT, AMZN, META
Q1 2025 280$2.9BCARK, AAPL, NVDA, AMZN, MSFT
Q4 2024 283$2.9BAAPL, NVDA, MSFT, SPIB, AMZN
Q3 2024 272$2.5BMSFT, NVDA, AAPL, AMZN, GOOGL
Q2 2024 271$2.4BNVDA, MSFT, AAPL, AMZN, GOOGL
Q1 2024 278$2.4BMSFT, NVDA, AAPL, AMZN, META