Cavalier Investments, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 4, 2025), Cavalier Investments, LLC reported 74 stock positions worth $299.3 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 24.4% of the portfolio, followed by Amazon.com (AMZN, 9.3%) and SS Comm Select Sector SPDR (XLC, 8.5%). Compared with Q3 2024, it opened 10 new positions, sold out of 20, added to 49 and reduced 12. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +174%) and the biggest sale Eli Lilly (LLY, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- ALPHARETTA, GA
- CIK
- 0001655543
- Portfolio Value
- $299.3M (Q4 2024)
- SEC Filing
- 0001214659-25-001929 ↗ filed Feb 4, 2025
Holdings Value
Holdings 74 stocks · $299.3M
| QQQ Invesco QQQ Trust Series 1 | 24.36% | 142,589 | $72.9M | Add +173.7% |
| AMZN Amazon.com Inc. | 9.31% | 127,031 | $27.9M | Add +4.3% |
| XLC SS Comm Select Sector SPDR | 8.52% | 263,458 | $25.5M | Add +70.8% |
| BSX Boston Scientific Corp. | 5.33% | 178,431 | $15.9M | Add +148.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.71% | 24,042 | $14.1M | Reduce -1.5% |
| VFH Vanguard Financials ETF | 2.71% | 68,729 | $8.1M | Add +4.3% |
| HWM Howmet Aerospace Inc. | 2.50% | 68,398 | $7.5M | Add +4.3% |
| CRS Carpenter Technology | 2.38% | 42,036 | $7.1M | Add +168.5% |
| XLK SS Technology Select Sector | 2.34% | 30,096 | $7.0M | Add +4.7% |
| CRM Salesforce Inc. | 1.90% | 17,019 | $5.7M | Add +4.1% |
| SMH Vaneck Semiconductor ETF | 1.75% | 21,670 | $5.2M | Reduce -31.0% |
| MSFT Microsoft Corp. | 1.74% | 12,339 | $5.2M | Add +4.0% |
| IWM iShares Russell 2000 ETF | 1.60% | 21,686 | $4.8M | Reduce -81.4% |
| TLT iShares 20+ Year Treasury BD | 1.44% | 49,186 | $4.3M | Add +3.5% |
| PGR Progressive Corp. | 1.38% | 17,282 | $4.1M | Add +4.3% |
| GE General Electric filed as GE AEROSPACE | 1.25% | 22,489 | $3.8M | Add +4.2% |
| KCE SS SPDR S&P Cap MKTS ETF | 1.21% | 26,328 | $3.6M | No change |
| VRSK Verisk Analytics Inc. | 1.20% | 13,090 | $3.6M | Add +4.2% |
| FICO Fair Isaac Corp. | 1.08% | 1,630 | $3.2M | Add +3.0% |
| VRTX Vertex Pharmaceuticals Inc. | 1.02% | 7,585 | $3.1M | Add +4.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.01% | 34,421 | $3.0M | New |
| CPRT Copart Inc. | 1.00% | 51,917 | $3.0M | Add +4.3% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.97% | 2,753 | $2.9M | Add +3.6% |
| BMI Badger Meter Inc. | 0.95% | 13,399 | $2.8M | Add +4.1% |
| T AT&T Inc. | 0.95% | 124,252 | $2.8M | Add +4.3% |
| XLY SS Consumer Disc Select Sect | 0.88% | 11,675 | $2.6M | New |
| ETN Eaton Corp. PLC | 0.87% | 7,858 | $2.6M | Add +3.8% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.86% | 47,240 | $2.6M | Reduce -9.9% |
| CEG Constellation Energy | 0.85% | 11,398 | $2.5M | Add +3.9% |
| TDG Transdigm Group Inc. | 0.83% | 1,954 | $2.5M | Add +2.5% |
| XAR SS SPDR S&P Aerospace Def | 0.76% | 13,804 | $2.3M | No change |
| XLF SS Financial Select Sector | 0.69% | 42,458 | $2.1M | Add +4.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.67% | 23,429 | $2.0M | Add +4.3% |
| ARGT Global X MSCI Argentina ETF | 0.64% | 23,281 | $1.9M | Add +4.3% |
| CBOE Cboe Global Markets Inc. | 0.63% | 9,652 | $1.9M | Add +4.1% |
| ANF Abercrombie & Fitch Co. Class A | 0.54% | 10,855 | $1.6M | Add +4.1% |
| BKNG Booking Holdings Inc. | 0.49% | 296 | $1.5M | No change |
| AMP Ameriprise Financial Inc. | 0.48% | 2,713 | $1.4M | Add +3.7% |
| RJF Raymond James Financial Inc. | 0.42% | 8,151 | $1.3M | Add +4.3% |
| MOG.A Moog Inc. Class A | 0.41% | 6,180 | $1.2M | Add +4.0% |
| PTGX Protagonist Therapeutics Inc. | 0.40% | 31,252 | $1.2M | Add +4.3% |
| MDGL Madrigal Pharmaceuticals Inc. | 0.39% | 3,785 | $1.2M | Add +4.0% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 0.38% | 5,664 | $1.1M | Add +3.5% |
| JPM JPMorgan Chase & Co. | 0.38% | 4,698 | $1.1M | Add +4.3% |
| AMD Advanced Micro Devices | 0.35% | 8,570 | $1.0M | Add +4.1% |
| FSS Federal Signal Corp. | 0.33% | 10,810 | $999K | Add +4.2% |
| TYL Tyler Technologies Inc. | 0.30% | 1,580 | $911K | Add +3.1% |
| USO United States Oil Fund LP | 0.30% | 12,022 | $908K | Add +3.5% |
| ECL Ecolab Inc. | 0.29% | 3,724 | $873K | Add +4.0% |
| AAPL Apple Inc. | 0.27% | 3,249 | $814K | Reduce -88.2% |
| AROC Archrock Inc. | 0.27% | 32,660 | $813K | Add +4.3% |
| HUBB Hubbell Inc. | 0.27% | 1,896 | $794K | Add +2.6% |
| META Meta Platforms Inc. Class A | 0.26% | 1,345 | $788K | Add +3.7% |
| TPH Tri Pointe Homes Inc. | 0.26% | 21,208 | $769K | Add +4.3% |
| LLY Eli Lilly & Co. | 0.25% | 966 | $746K | Reduce -97.0% |
| WINA Winmark Corp. | 0.23% | 1,742 | $685K | Add +2.8% |
| GRBK Green Brick Partners Inc. | 0.23% | 12,085 | $683K | Add +4.1% |
| SWKS Skyworks Solutions Inc. | 0.21% | 7,244 | $642K | Add +4.1% |
| MANH Manhattan Associates Inc. | 0.21% | 2,367 | $640K | Add +4.2% |
| AVGO Broadcom Inc. | 0.18% | 2,334 | $541K | Reduce -95.5% |
| NVDA Nvidia Corp. | 0.16% | 3,581 | $481K | Reduce -94.5% |
| PWR Quanta Services Inc. | 0.14% | 1,348 | $426K | Add +3.7% |
| GLD SPDR Gold Shares | 0.14% | 1,687 | $408K | Reduce -9.9% |
| DECK Deckers Outdoor Corp. | 0.13% | 1,878 | $381K | Reduce -91.1% |
| APLY Yieldmax Aapl Option Income | 0.11% | 18,785 | $339K | New |
| FBY Yieldmax Meta Option Yield | 0.11% | 17,065 | $325K | New |
| SLV iShares Silver Trust | 0.11% | 12,068 | $318K | Reduce -9.9% |
| TIDAL TRUST II | 0.11% | 22,072 | $315K | New |
| GOOY Yieldmax Googl Option Income | 0.10% | 21,079 | $312K | New |
| MSFO Yieldmax MSFT Option Is ETF | 0.10% | 16,950 | $308K | New |
| AMZY Yieldmax Amazn Option Income | 0.10% | 15,976 | $301K | New |
| NVDY Yieldmax Nvda Option Inc. ETF | 0.10% | 12,605 | $294K | New |
| VRT Vertiv Holdings Co. Class A | 0.09% | 2,422 | $275K | Reduce -92.3% |
| TSLA Tesla Inc. | 0.09% | 631 | $255K | New |
Portfolio Sells Q3 2024 → Q4 2024
| LLY Eli Lilly & Co. | Reduce -97.0% | 0.25% | −8.60 |
| IWM iShares Russell 2000 ETF | Reduce -81.4% | 1.60% | −6.31 |
| AVGO Broadcom Inc. | Reduce -95.5% | 0.18% | −2.55 |
| NVDA Nvidia Corp. | Reduce -94.5% | 0.16% | −2.28 |
| RSPT Invesco S&P 500 Equal Weight | Sold out | 0.00% | −1.76 |
| AAPL Apple Inc. | Reduce -88.2% | 0.27% | −1.70 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −1.68 |
| DECK Deckers Outdoor Corp. | Reduce -91.1% | 0.13% | −0.91 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.90 |
| VRT Vertiv Holdings Co. Class A | Reduce -92.3% | 0.09% | −0.87 |
| APPF Appfolio Inc. Class A | Sold out | 0.00% | −0.83 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.81 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.77 |
| INTC Intel Corp. | Sold out | 0.00% | −0.72 |
| MMS Maximus Inc. | Sold out | 0.00% | −0.65 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.64 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.63 |
| SMH Vaneck Semiconductor ETF | Reduce -31.0% | 1.75% | −0.61 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.55 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.44 |
| IR Ingersoll-Rand Inc. | Sold out | 0.00% | −0.42 |
| AI C3.AI Inc. Class A | Sold out | 0.00% | −0.25 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.21 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.19 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.19 |
| TEX Terex Corp. | Sold out | 0.00% | −0.18 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.10 |
| SAGE Sage Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -9.9% | 0.86% | −0.02 |
| SLV iShares Silver Trust | Reduce -9.9% | 0.11% | −0.01 |
| GLD SPDR Gold Shares | Reduce -9.9% | 0.14% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.5% | 4.71% | +0.41 |
Portfolio Buys Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | Add +173.7% | 24.36% | +16.55 |
| XLC SS Comm Select Sector SPDR | Add +70.8% | 8.52% | +4.24 |
| BSX Boston Scientific Corp. | Add +148.4% | 5.33% | +3.48 |
| AMZN Amazon.com Inc. | Add +4.3% | 9.31% | +2.35 |
| CRS Carpenter Technology | Add +168.5% | 2.38% | +1.62 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 1.01% | +1.01 |
| XLY SS Consumer Disc Select Sect | New | 0.88% | +0.88 |
| CRM Salesforce Inc. | Add +4.1% | 1.90% | +0.53 |
| VFH Vanguard Financials ETF | Add +4.3% | 2.71% | +0.49 |
| HWM Howmet Aerospace Inc. | Add +4.3% | 2.50% | +0.48 |
| XLK SS Technology Select Sector | Add +4.7% | 2.34% | +0.35 |
| CPRT Copart Inc. | Add +4.3% | 1.00% | +0.20 |
| ARGT Global X MSCI Argentina ETF | Add +4.3% | 0.64% | +0.19 |
| MSFT Microsoft Corp. | Add +4.0% | 1.74% | +0.17 |
| VRSK Verisk Analytics Inc. | Add +4.2% | 1.20% | +0.17 |
| MDGL Madrigal Pharmaceuticals Inc. | Add +4.0% | 0.39% | +0.15 |
| T AT&T Inc. | Add +4.3% | 0.95% | +0.14 |
| FICO Fair Isaac Corp. | Add +3.0% | 1.08% | +0.14 |
| RJF Raymond James Financial Inc. | Add +4.3% | 0.42% | +0.13 |
| GWW WW Grainger Inc. | Add +3.6% | 0.97% | +0.12 |
| XLF SS Financial Select Sector | Add +4.2% | 0.69% | +0.12 |
| APLY Yieldmax Aapl Option Income | New | 0.11% | +0.11 |
| FBY Yieldmax Meta Option Yield | New | 0.11% | +0.11 |
| AMP Ameriprise Financial Inc. | Add +3.7% | 0.48% | +0.11 |
| TIDAL TRUST II | New | 0.11% | +0.11 |
| GOOY Yieldmax Googl Option Income | New | 0.10% | +0.10 |
| MSFO Yieldmax MSFT Option Is ETF | New | 0.10% | +0.10 |
| ETN Eaton Corp. PLC | Add +3.8% | 0.87% | +0.10 |
| AMZY Yieldmax Amazn Option Income | New | 0.10% | +0.10 |
| NVDY Yieldmax Nvda Option Inc. ETF | New | 0.10% | +0.10 |
| ANF Abercrombie & Fitch Co. Class A | Add +4.1% | 0.54% | +0.09 |
| PGR Progressive Corp. | Add +4.3% | 1.38% | +0.09 |
| BMI Badger Meter Inc. | Add +4.1% | 0.95% | +0.09 |
| TSLA Tesla Inc. | New | 0.09% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +4.3% | 0.38% | +0.08 |
| AROC Archrock Inc. | Add +4.3% | 0.27% | +0.08 |
| USO United States Oil Fund LP | Add +3.5% | 0.30% | +0.05 |
| CBOE Cboe Global Markets Inc. | Add +4.1% | 0.63% | +0.05 |
| IESC Ies Holdings Inc. | Add +3.5% | 0.38% | +0.05 |
| MOG.A Moog Inc. Class A | Add +4.0% | 0.41% | +0.04 |
| FSS Federal Signal Corp. | Add +4.2% | 0.33% | +0.04 |
| META Meta Platforms Inc. Class A | Add +3.7% | 0.26% | +0.04 |
| TYL Tyler Technologies Inc. | Add +3.1% | 0.30% | +0.03 |
| WINA Winmark Corp. | Add +2.8% | 0.23% | +0.03 |
| PWR Quanta Services Inc. | Add +3.7% | 0.14% | +0.02 |
| HUBB Hubbell Inc. | Add +2.6% | 0.27% | +0.02 |
| MANH Manhattan Associates Inc. | Add +4.2% | 0.21% | +0.02 |
| ECL Ecolab Inc. | Add +4.0% | 0.29% | +0.01 |
| TLT iShares 20+ Year Treasury BD | Add +3.5% | 1.44% | +0.01 |
| GE General Electric | Add +4.2% | 1.25% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 40 | $271.7M | XLK, NVDA, SPY, VWO, XLV |
| Q1 2026 | 60 | $388.2M | SPY, QQQ, USO, KLAC, SMH |
| Q4 2025 | 60 | $321.6M | SPY, GE, QQQ, XLC, WDC |
| Q3 2025 | 65 | $248.1M | SPY, XLC, SMH, MSFT, IWM |
| Q2 2025 | 71 | $330.0M | HWM, META, AMZN, MSFT, QQQ |
| Q1 2025 | 75 | $294.3M | QQQ, HWM, AMZN, SMH, META |
| Q4 2024 | 74 | $299.3M | QQQ, AMZN, XLC, BSX, SPY |
| Q3 2024 | 84 | $326.0M | LLY, IWM, QQQ, AMZN, SPY |
| Q2 2024 | 79 | $324.9M | SMH, XLK, NVDA, QQQ, SMCI |
| Q1 2024 | 81 | $274.0M | SMH, QQQ, XLK, NVDA, SPY |