Cavalier Investments, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Cavalier Investments, LLC reported 71 stock positions worth $330.0 million. Its top holding was Howmet Aerospace (HWM) at 15.6% of the portfolio, followed by Meta Platforms Class A (META, 8.7%) and Amazon.com (AMZN, 6.1%). Compared with Q1 2025, it opened 12 new positions, sold out of 16, added to 6 and reduced 47. The biggest buy was Howmet Aerospace (HWM, shares +104%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −45%).
- Most Recent 13F
- Q2 2026
- Location
- ALPHARETTA, GA
- CIK
- 0001655543
- Portfolio Value
- $330.0M (Q2 2025)
- SEC Filing
- 0001214659-25-011108 ↗ filed Jul 30, 2025
Holdings Value
Holdings 71 stocks · $330.0M
| HWM Howmet Aerospace Inc. | 15.58% | 276,281 | $51.4M | Add +104.2% |
| META Meta Platforms Inc. Class A | 8.65% | 38,689 | $28.6M | Add +82.4% |
| AMZN Amazon.com Inc. | 6.11% | 91,926 | $20.2M | Add +20.3% |
| MSFT Microsoft Corp. | 5.60% | 37,133 | $18.5M | Add +201.4% |
| QQQ Invesco QQQ Trust Series 1 | 5.34% | 31,936 | $17.6M | Reduce -44.9% |
| SMH Vaneck Semiconductor ETF | 4.33% | 51,232 | $14.3M | Reduce -12.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.34% | 17,855 | $11.0M | Reduce -13.2% |
| AVGO Broadcom Inc. | 3.14% | 37,633 | $10.4M | Reduce -11.1% |
| CEG Constellation Energy | 3.06% | 31,245 | $10.1M | Add +174.6% |
| JPM JPMorgan Chase & Co. | 2.96% | 33,748 | $9.8M | Reduce -1.9% |
| VFH Vanguard Financials ETF | 2.59% | 67,254 | $8.6M | Reduce -2.0% |
| XLK SS Technology Select Sector | 2.26% | 29,446 | $7.5M | Reduce -2.0% |
| XLF SS Financial Select Sector | 2.20% | 138,859 | $7.3M | Reduce -2.5% |
| PLTR Palantir Technologies Inc. Class A | 1.96% | 47,540 | $6.5M | Add +8.5% |
| BSX Boston Scientific Corp. | 1.64% | 50,288 | $5.4M | Reduce -51.6% |
| RKLB Rocket Lab Corp. | 1.63% | 150,354 | $5.4M | New |
| VGK Vanguard Ftse Europe ETF | 1.53% | 65,114 | $5.0M | New |
| VRSK Verisk Analytics Inc. | 1.21% | 12,815 | $4.0M | Reduce -1.9% |
| KCE SS SPDR S&P Cap MKTS ETF | 1.16% | 26,328 | $3.8M | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.16% | 40,000 | $3.8M | New |
| XLC SS Comm Select Sector SPDR | 1.13% | 34,375 | $3.7M | Reduce -72.7% |
| T AT&T Inc. | 1.07% | 121,577 | $3.5M | Reduce -2.0% |
| TSLA Tesla Inc. | 1.01% | 10,513 | $3.3M | New |
| VRTX Vertex Pharmaceuticals Inc. | 1.00% | 7,435 | $3.3M | Reduce -1.8% |
| BMI Badger Meter Inc. | 0.97% | 13,124 | $3.2M | Reduce -1.9% |
| NRG NRG Energy Inc. | 0.95% | 19,507 | $3.1M | Reduce -2.0% |
| XNTK SS SPDR Nyse Tech ETF | 0.94% | 13,110 | $3.1M | Reduce -1.0% |
| TDG Transdigm Group Inc. | 0.89% | 1,929 | $2.9M | Reduce -1.2% |
| XAR SS SPDR S&P Aerospace Def | 0.88% | 13,804 | $2.9M | No change |
| VST Vistra Corp. | 0.86% | 14,628 | $2.8M | Reduce -1.9% |
| CPRT Copart Inc. | 0.76% | 50,817 | $2.5M | Reduce -1.9% |
| SMCI Super Micro Computer Inc. | 0.74% | 50,100 | $2.5M | New |
| ZETA Zeta Global Holdings Corp. Class A | 0.74% | 157,566 | $2.4M | Reduce -21.9% |
| XLY SS Consumer Disc Select Sect | 0.68% | 10,400 | $2.3M | New |
| CBOE Cboe Global Markets Inc. | 0.67% | 9,452 | $2.2M | Reduce -1.9% |
| IWM iShares Russell 2000 ETF | 0.65% | 9,995 | $2.2M | Reduce -82.9% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.61% | 36,840 | $2.0M | Reduce -11.2% |
| ARGT Global X MSCI Argentina ETF | 0.58% | 22,781 | $1.9M | Reduce -2.0% |
| FTDR Frontdoor Inc. | 0.54% | 30,094 | $1.8M | Reduce -1.9% |
| BKNG Booking Holdings Inc. | 0.52% | 296 | $1.7M | No change |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 0.50% | 5,564 | $1.6M | Reduce -1.6% |
| EPOL iShares MSCI Poland ETF | 0.49% | 50,088 | $1.6M | New |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 0.49% | 195,012 | $1.6M | Reduce -2.0% |
| TLT iShares 20+ Year Treasury BD | 0.49% | 18,188 | $1.6M | Reduce -63.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.48% | 22,929 | $1.6M | Reduce -2.0% |
| ANET Arista Networks Inc. | 0.45% | 14,652 | $1.5M | Reduce -1.9% |
| EWO iShares MSCI Austria ETF | 0.45% | 50,000 | $1.5M | New |
| AMP Ameriprise Financial Inc. | 0.43% | 2,663 | $1.4M | Reduce -1.7% |
| GDX Vaneck Gold Miners ETF | 0.43% | 27,093 | $1.4M | New |
| AMD Advanced Micro Devices | 0.36% | 8,395 | $1.2M | Reduce -1.9% |
| FSS Federal Signal Corp. | 0.34% | 10,585 | $1.1M | Reduce -1.9% |
| MDGL Madrigal Pharmaceuticals Inc. | 0.34% | 3,710 | $1.1M | Reduce -1.8% |
| TRGP Targa Resources Corp. | 0.32% | 6,074 | $1.1M | Reduce -1.9% |
| ECL Ecolab Inc. | 0.30% | 3,649 | $983K | Reduce -1.9% |
| TYL Tyler Technologies Inc. | 0.28% | 1,555 | $922K | Reduce -1.5% |
| AROC Archrock Inc. | 0.24% | 31,960 | $794K | Reduce -2.0% |
| LLY Eli Lilly & Co. | 0.23% | 966 | $753K | No change |
| AAPL Apple Inc. | 0.20% | 3,199 | $656K | Reduce -1.4% |
| WINA Winmark Corp. | 0.20% | 1,717 | $648K | Reduce -1.3% |
| RGTI Rigetti Computing Inc. | 0.18% | 49,643 | $589K | New |
| GE General Electric filed as GE AEROSPACE | 0.16% | 2,104 | $542K | Reduce -90.6% |
| GLD SPDR Gold Shares | 0.15% | 1,656 | $505K | No change |
| COLO Global X MSCI Colombia ETF | 0.14% | 15,976 | $461K | New |
| SLV iShares Silver Trust | 0.12% | 11,846 | $389K | No change |
| VRT Vertiv Holdings Co. Class A | 0.09% | 2,372 | $305K | New |
| AMZY Yieldmax Amazn Option Income | 0.08% | 16,799 | $273K | Reduce -49.1% |
| FBY Yieldmax Meta Option Yield | 0.08% | 15,962 | $271K | Reduce -53.2% |
| MSFO Yieldmax MSFT Option Is ETF | 0.08% | 15,126 | $270K | Reduce -56.6% |
| GOOY Yieldmax Googl Option Income | 0.08% | 22,105 | $269K | Reduce -48.1% |
| NVDY Yieldmax Nvda Option Inc. ETF | 0.08% | 15,735 | $264K | Reduce -42.3% |
| APLY Yieldmax Aapl Option Income | 0.08% | 19,684 | $253K | Reduce -47.7% |
Portfolio Sells Q1 2025 → Q2 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -44.9% | 5.34% | −3.89 |
| IWM iShares Russell 2000 ETF | Reduce -82.9% | 0.65% | −3.31 |
| CRS Carpenter Technology | Sold out | 0.00% | −3.15 |
| XLC SS Comm Select Sector SPDR | Reduce -72.7% | 1.13% | −3.00 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −1.95 |
| BSX Boston Scientific Corp. | Reduce -51.6% | 1.64% | −1.92 |
| PGR Progressive Corp. | Sold out | 0.00% | −1.66 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.55 |
| GE General Electric | Reduce -90.6% | 0.16% | −1.36 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −1.20 |
| TLT iShares 20+ Year Treasury BD | Reduce -63.3% | 0.49% | −1.05 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −1.02 |
| GLDI UBS AG Et GL SHR Covr Class ETN | Sold out | 0.00% | −0.90 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.86 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.75 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.65 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -13.2% | 3.34% | −0.57 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.52 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.42 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −0.38 |
| MOG.A Moog Inc. Class A | Sold out | 0.00% | −0.36 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −0.28 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.8% | 1.00% | −0.24 |
| CPRT Copart Inc. | Reduce -1.9% | 0.76% | −0.24 |
| XLF SS Financial Select Sector | Reduce -2.5% | 2.20% | −0.21 |
| VFH Vanguard Financials ETF | Reduce -2.0% | 2.59% | −0.19 |
| ZETA Zeta Global Holdings Corp. Class A | Reduce -21.9% | 0.74% | −0.19 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.16 |
| T AT&T Inc. | Reduce -2.0% | 1.07% | −0.13 |
| APLY Yieldmax Aapl Option Income | Reduce -47.7% | 0.08% | −0.12 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -11.2% | 0.61% | −0.11 |
| VRSK Verisk Analytics Inc. | Reduce -1.9% | 1.21% | −0.11 |
| FBY Yieldmax Meta Option Yield | Reduce -53.2% | 0.08% | −0.11 |
| MSFO Yieldmax MSFT Option Is ETF | Reduce -56.6% | 0.08% | −0.10 |
| TRGP Targa Resources Corp. | Reduce -1.9% | 0.32% | −0.10 |
| AMZY Yieldmax Amazn Option Income | Reduce -49.1% | 0.08% | −0.10 |
| GOOY Yieldmax Googl Option Income | Reduce -48.1% | 0.08% | −0.09 |
| MDGL Madrigal Pharmaceuticals Inc. | Reduce -1.8% | 0.34% | −0.09 |
| CBOE Cboe Global Markets Inc. | Reduce -1.9% | 0.67% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -2.0% | 0.48% | −0.07 |
| NVDY Yieldmax Nvda Option Inc. ETF | Reduce -42.3% | 0.08% | −0.06 |
| ARGT Global X MSCI Argentina ETF | Reduce -2.0% | 0.58% | −0.05 |
| AROC Archrock Inc. | Reduce -2.0% | 0.24% | −0.05 |
| AAPL Apple Inc. | Reduce -1.4% | 0.20% | −0.05 |
| TYL Tyler Technologies Inc. | Reduce -1.5% | 0.28% | −0.03 |
| TDG Transdigm Group Inc. | Reduce -1.2% | 0.89% | −0.03 |
| ECL Ecolab Inc. | Reduce -1.9% | 0.30% | −0.02 |
| AMP Ameriprise Financial Inc. | Reduce -1.7% | 0.43% | −0.01 |
| WINA Winmark Corp. | Reduce -1.3% | 0.20% | +0.01 |
| ANET Arista Networks Inc. | Reduce -1.9% | 0.45% | +0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| HWM Howmet Aerospace Inc. | Add +104.2% | 15.58% | +9.62 |
| META Meta Platforms Inc. Class A | Add +82.4% | 8.65% | +4.50 |
| MSFT Microsoft Corp. | Add +201.4% | 5.60% | +4.03 |
| CEG Constellation Energy | Add +174.6% | 3.06% | +2.28 |
| RKLB Rocket Lab Corp. | New | 1.63% | +1.63 |
| VGK Vanguard Ftse Europe ETF | New | 1.53% | +1.53 |
| AMZN Amazon.com Inc. | Add +20.3% | 6.11% | +1.17 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 1.16% | +1.16 |
| TSLA Tesla Inc. | New | 1.01% | +1.01 |
| SMCI Super Micro Computer Inc. | New | 0.74% | +0.74 |
| PLTR Palantir Technologies Inc. Class A | Add +8.5% | 1.96% | +0.71 |
| XLY SS Consumer Disc Select Sect | New | 0.68% | +0.68 |
| EPOL iShares MSCI Poland ETF | New | 0.49% | +0.49 |
| EWO iShares MSCI Austria ETF | New | 0.45% | +0.45 |
| GDX Vaneck Gold Miners ETF | New | 0.43% | +0.43 |
| RGTI Rigetti Computing Inc. | New | 0.18% | +0.18 |
| COLO Global X MSCI Colombia ETF | New | 0.14% | +0.14 |
| VRT Vertiv Holdings Co. Class A | New | 0.09% | +0.09 |
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 |