CMT Capital Markets Trading GmbH
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), CMT Capital Markets Trading GmbH reported 71 stock positions worth $241.8 million. Its top holding was Meta Platforms Class A (META) at 12.4% of the portfolio, followed by Starbucks (SBUX, 12.3%) and American Express (AXP, 9.7%). Compared with Q4 2024, it opened 29 new positions, sold out of 19, added to 17 and reduced 25. The biggest buy was Meta Platforms Class A (META, shares +1752%) and the biggest sale Netflix (NFLX, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001632813
- Portfolio Value
- $241.8M (Q1 2025)
- SEC Filing
- 0001632813-25-000002 ↗ filed May 15, 2025
Holdings Value
Holdings 71 stocks · $241.8M
| META Meta Platforms Inc. Class A | 12.36% | 51,850 | $29.9M | Add +1751.8% |
| SBUX Starbucks Corp. | 12.32% | 303,750 | $29.8M | Add +14.3% |
| AXP American Express Co. | 9.74% | 87,500 | $23.5M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 7.26% | 177,789 | $17.5M | New |
| TSM Taiwan Semiconductor-SP ADR | 6.51% | 94,873 | $15.7M | Add +597.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 6.15% | 59,810 | $14.9M | Add +84.0% |
| PDD PDD Holdings Inc. | 5.73% | 117,126 | $13.9M | Add +554.3% |
| AVGO Broadcom Inc. | 5.38% | 77,694 | $13.0M | Add +933.0% |
| BABA Alibaba Group Holding-SP ADR | 4.62% | 84,500 | $11.2M | Reduce -6.3% |
| PYPL PayPal Holdings Inc. | 2.00% | 74,212 | $4.8M | Add +270.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.58% | 8,159 | $3.8M | Add +378.8% |
| MU Micron Technology Inc. | 1.38% | 41,519 | $3.3M | Add +500.6% |
| NVDA Nvidia Corp. | 1.33% | 30,041 | $3.2M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 1.22% | 42,446 | $2.9M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.13% | 4,866 | $2.7M | Reduce -34.9% |
| UBER Uber Technologies Inc. | 1.08% | 35,908 | $2.6M | Add +455.4% |
| BIDU Baidu Inc. - Spon ADR | 0.94% | 26,736 | $2.3M | Add +164.7% |
| CRM Salesforce Inc. | 0.88% | 7,975 | $2.1M | New |
| AMD Advanced Micro Devices | 0.88% | 23,661 | $2.1M | New |
| NIO Nio Inc. - ADR | 0.86% | 548,007 | $2.1M | Add +1929.7% |
| WMT Walmart Inc. | 0.80% | 22,037 | $1.9M | Reduce -37.0% |
| GLD SPDR Gold Shares | 0.77% | 6,500 | $1.9M | New |
| AAPL Apple Inc. | 0.72% | 7,824 | $1.7M | Add +4.3% |
| GOOGL Alphabet Inc. Class A | 0.67% | 10,613 | $1.6M | Add +110.2% |
| TIGR Up Fintech Holding Ltd. - ADR | 0.61% | 172,086 | $1.5M | New |
| SMCI Super Micro Computer Inc. | 0.61% | 43,151 | $1.5M | Add +10.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.61% | 2,212 | $1.5M | Add +12.4% |
| COIN Coinbase Global Inc. Class A | 0.58% | 8,195 | $1.4M | New |
| AAL American Airlines Group Inc. | 0.57% | 130,937 | $1.4M | Add +45.5% |
| GDX Vaneck Gold Miners ETF | 0.50% | 26,184 | $1.2M | Reduce -85.6% |
| LYFT LYFT Inc. Class A | 0.49% | 100,812 | $1.2M | New |
| TEVA Teva Pharmaceutical-SP ADR | 0.49% | 77,444 | $1.2M | New |
| HOOD Robinhood Markets Inc. Class A | 0.49% | 28,473 | $1.2M | New |
| PBR Petroleo Brasileiro-Spon ADR | 0.49% | 82,025 | $1.2M | Reduce -71.3% |
| TGT Target Corp. | 0.48% | 11,226 | $1.2M | New |
| W Wayfair Inc. Class A | 0.39% | 29,374 | $941K | Reduce -41.8% |
| BITO Proshares Bitcoin ETF-Usd | 0.38% | 50,150 | $919K | New |
| PFE Pfizer Inc. | 0.38% | 36,174 | $917K | Reduce -60.7% |
| XLE SS Energy Select Sector | 0.37% | 9,581 | $895K | New |
| MS Morgan Stanley | 0.36% | 7,520 | $877K | New |
| AMZN Amazon.com Inc. | 0.36% | 4,528 | $861K | Reduce -20.5% |
| EWZ iShares MSCI Brazil ETF | 0.32% | 29,863 | $772K | New |
| WFC Wells Fargo & Co. | 0.32% | 10,750 | $772K | Reduce -89.1% |
| LI Li Auto Inc. - ADR | 0.31% | 29,971 | $755K | New |
| NEM Newmont Corp. | 0.30% | 15,263 | $737K | Reduce -77.4% |
| TMUS T-Mobile US Inc. | 0.29% | 2,610 | $696K | New |
| SNAP Snap Inc. Class A | 0.27% | 75,666 | $659K | Reduce -39.0% |
| ARM Arm Holdings PLC-ADR | 0.27% | 6,066 | $648K | Reduce -70.3% |
| XYZ Block Inc. | 0.24% | 10,595 | $576K | Reduce -17.8% |
| ADBE Adobe Inc. | 0.22% | 1,400 | $537K | New |
| UPS United Parcel Service Class B | 0.22% | 4,800 | $528K | Reduce -59.0% |
| GM General Motors Co. | 0.22% | 11,108 | $522K | New |
| CDNS Cadence Design SYS Inc. | 0.21% | 1,997 | $508K | New |
| INTC Intel Corp. | 0.21% | 22,096 | $502K | Reduce -61.4% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.20% | 4,634 | $474K | New |
| RBLX Roblox Corp. Class A | 0.20% | 8,100 | $472K | New |
| NFLX Netflix Inc. | 0.18% | 470 | $438K | Reduce -98.1% |
| SOFI Sofi Technologies Inc. | 0.18% | 36,625 | $426K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 9,855 | $411K | Reduce -82.3% |
| ABNB Airbnb Inc. Class A | 0.16% | 3,256 | $389K | New |
| SHOP Shopify Inc. Class A | 0.14% | 3,447 | $333K | Reduce -73.5% |
| TSLA Tesla Inc. | 0.12% | 1,960 | $286K | New |
| EA Electronic Arts Inc. | 0.11% | 1,850 | $267K | Reduce -89.0% |
| QCOM Qualcomm Inc. | 0.11% | 1,690 | $260K | Reduce -92.6% |
| SMH Vaneck Semiconductor ETF | 0.11% | 1,205 | $255K | Reduce -80.1% |
| LRCX Lam Research Corp. | 0.09% | 3,031 | $220K | New |
| MRNA Moderna Inc. | 0.09% | 7,721 | $219K | Reduce -60.9% |
| JPM JPMorgan Chase & Co. | 0.09% | 849 | $208K | New |
| F Ford Motor Co. filed as FORD MTR CO | 0.08% | 20,396 | $205K | Reduce -92.0% |
| RIVN Rivian Automotive Inc. Class A | 0.07% | 13,749 | $171K | Reduce -19.8% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.04% | 24,500 | $90K | Reduce -33.8% |
Options reported separately and not counted above: NETFLIX INC. puts ($660.5M), META PLATFORMS INC calls ($417.3M), META PLATFORMS INC puts ($379.9M), MICROSOFT CORP calls ($340.0M), APPLE INC calls ($293.2M), JPMORGAN CHASE & CO puts ($271.4M), JPMORGAN CHASE & CO calls ($225.4M), ALPHABET INC puts ($177.7M), CITIGROUP INC calls ($159.6M), ADOBE INC puts ($158.1M), DISNEY WALT CO puts ($152.1M), STATE STR SPDR S&P 500 ETF T calls ($122.2M), and 209 more.
Portfolio Sells Q4 2024 → Q1 2025
| NFLX Netflix Inc. | Reduce -98.1% | 0.18% | −13.02 |
| WFC Wells Fargo & Co. | Reduce -89.1% | 0.32% | −3.80 |
| V Visa Inc. Class A | Sold out | 0.00% | −3.47 |
| GDX Vaneck Gold Miners ETF | Reduce -85.6% | 0.50% | −3.18 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −3.01 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −2.57 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −2.33 |
| QCOM Qualcomm Inc. | Reduce -92.6% | 0.11% | −1.97 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -71.3% | 0.49% | −1.70 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -34.9% | 1.13% | −1.48 |
| F Ford Motor Co. | Reduce -92.0% | 0.08% | −1.41 |
| EA Electronic Arts Inc. | Reduce -89.0% | 0.11% | −1.35 |
| BAC Bank of America Corp. | Reduce -82.3% | 0.17% | −1.29 |
| ARM Arm Holdings PLC-ADR | Reduce -70.3% | 0.27% | −1.23 |
| NEM Newmont Corp. | Reduce -77.4% | 0.30% | −1.20 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −1.12 |
| WMT Walmart Inc. | Reduce -37.0% | 0.80% | −1.08 |
| PFE Pfizer Inc. | Reduce -60.7% | 0.38% | −1.08 |
| B Barrick Gold Corp. | Sold out | 0.00% | −1.06 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.97 |
| W Wayfair Inc. Class A | Reduce -41.8% | 0.39% | −0.94 |
| SMH Vaneck Semiconductor ETF | Reduce -80.1% | 0.11% | −0.77 |
| BA The Boeing Co. | Sold out | 0.00% | −0.71 |
| SHOP Shopify Inc. Class A | Reduce -73.5% | 0.14% | −0.69 |
| UPS United Parcel Service Class B | Reduce -59.0% | 0.22% | −0.66 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.64 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.55 |
| SNAP Snap Inc. Class A | Reduce -39.0% | 0.27% | −0.52 |
| INTC Intel Corp. | Reduce -61.4% | 0.21% | −0.48 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.47 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.44 |
| XYZ Block Inc. | Reduce -17.8% | 0.24% | −0.41 |
| MRNA Moderna Inc. | Reduce -60.9% | 0.09% | −0.40 |
| AMZN Amazon.com Inc. | Reduce -20.5% | 0.36% | −0.39 |
| BEKE Ke Holdings Inc.-ADR | Reduce -33.8% | 0.04% | −0.37 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.32 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.29 |
| BILI Bilibili Inc.-Sponsored ADR | Sold out | 0.00% | −0.22 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.21 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.19 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.17 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.12 |
| RIVN Rivian Automotive Inc. Class A | Reduce -19.8% | 0.07% | −0.07 |
| BABA Alibaba Group Holding-SP ADR | Reduce -6.3% | 4.62% | +0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Add +1751.8% | 12.36% | +11.38 |
| AXP American Express Co. | New | 9.74% | +9.74 |
| DIS The Walt Disney Co. | New | 7.26% | +7.26 |
| TSM Taiwan Semiconductor-SP ADR | Add +597.8% | 6.51% | +4.91 |
| PDD PDD Holdings Inc. | Add +554.3% | 5.73% | +4.70 |
| AVGO Broadcom Inc. | Add +933.0% | 5.38% | +4.34 |
| IBM Intl Business Machines Corp. | Add +84.0% | 6.15% | +1.90 |
| NVDA Nvidia Corp. | New | 1.33% | +1.33 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 1.22% | +1.22 |
| QQQ Invesco QQQ Trust Series 1 | Add +378.8% | 1.58% | +1.06 |
| MU Micron Technology Inc. | Add +500.6% | 1.38% | +1.04 |
| PYPL PayPal Holdings Inc. | Add +270.6% | 2.00% | +0.98 |
| CRM Salesforce Inc. | New | 0.88% | +0.88 |
| AMD Advanced Micro Devices | New | 0.88% | +0.88 |
| UBER Uber Technologies Inc. | Add +455.4% | 1.08% | +0.85 |
| NIO Nio Inc. - ADR | Add +1929.7% | 0.86% | +0.79 |
| GLD SPDR Gold Shares | New | 0.77% | +0.77 |
| TIGR Up Fintech Holding Ltd. - ADR | New | 0.61% | +0.61 |
| COIN Coinbase Global Inc. Class A | New | 0.58% | +0.58 |
| LYFT LYFT Inc. Class A | New | 0.49% | +0.49 |
| TEVA Teva Pharmaceutical-SP ADR | New | 0.49% | +0.49 |
| HOOD Robinhood Markets Inc. Class A | New | 0.49% | +0.49 |
| TGT Target Corp. | New | 0.48% | +0.48 |
| BIDU Baidu Inc. - Spon ADR | Add +164.7% | 0.94% | +0.48 |
| BITO Proshares Bitcoin ETF-Usd | New | 0.38% | +0.38 |
| XLE SS Energy Select Sector | New | 0.37% | +0.37 |
| MS Morgan Stanley | New | 0.36% | +0.36 |
| EWZ iShares MSCI Brazil ETF | New | 0.32% | +0.32 |
| LI Li Auto Inc. - ADR | New | 0.31% | +0.31 |
| TMUS T-Mobile US Inc. | New | 0.29% | +0.29 |
| ADBE Adobe Inc. | New | 0.22% | +0.22 |
| GM General Motors Co. | New | 0.22% | +0.22 |
| CDNS Cadence Design SYS Inc. | New | 0.21% | +0.21 |
| FUTU Futu Holdings Ltd.-ADR | New | 0.20% | +0.20 |
| RBLX Roblox Corp. Class A | New | 0.20% | +0.20 |
| SOFI Sofi Technologies Inc. | New | 0.18% | +0.18 |
| ABNB Airbnb Inc. Class A | New | 0.16% | +0.16 |
| TSLA Tesla Inc. | New | 0.12% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +110.2% | 0.67% | +0.10 |
| LRCX Lam Research Corp. | New | 0.09% | +0.09 |
| JPM JPMorgan Chase & Co. | New | 0.09% | +0.09 |
| SMCI Super Micro Computer Inc. | Add +10.3% | 0.61% | −0.10 |
| ASML ASML Holding NV-NY Reg SHS | Add +12.4% | 0.61% | −0.21 |
| AAL American Airlines Group Inc. | Add +45.5% | 0.57% | −0.36 |
| AAPL Apple Inc. | Add +4.3% | 0.72% | −0.40 |
| SBUX Starbucks Corp. | Add +14.3% | 12.32% | −2.12 |
Options Activity Q4 2024 → Q1 2025
| NETFLIX INC. | put | Add +0.4% | 708,300 | $660.5M |
| META PLATFORMS INC | call | Reduce -11.0% | 724,100 | $417.3M |
| META PLATFORMS INC | put | Add +1.7% | 659,200 | $379.9M |
| MICROSOFT CORP | call | Add +58.1% | 905,700 | $340.0M |
| APPLE INC | call | Add +44.9% | 1,319,800 | $293.2M |
| JPMORGAN CHASE & CO | put | Reduce -18.4% | 1,106,400 | $271.4M |
| JPMORGAN CHASE & CO | call | Reduce -7.1% | 918,800 | $225.4M |
| ALPHABET INC | put | Reduce -8.6% | 1,149,300 | $177.7M |
| CITIGROUP INC | call | Reduce -33.3% | 2,248,800 | $159.6M |
| ADOBE INC | put | Reduce -23.5% | 412,300 | $158.1M |
| DISNEY WALT CO | put | Reduce -3.2% | 1,540,900 | $152.1M |
| STATE STR SPDR S&P 500 ETF T | call | Add +94.2% | 218,500 | $122.2M |
| VANECK ETF TRUST | put | Reduce -37.2% | 2,614,400 | $120.2M |
| CITIGROUP INC | put | Reduce -31.1% | 1,629,000 | $115.6M |
| GOLDMAN SACHS GROUP INC | call | Add +1598.4% | 207,200 | $113.2M |
| ALPHABET INC | call | Add +16.5% | 694,400 | $107.4M |
| AMERICAN EXPRESS CO | call | Reduce -4.2% | 392,400 | $105.6M |
| STATE STR SPDR S&P 500 ETF T | put | Add +147.5% | 188,600 | $105.5M |
| MICROSOFT CORP | put | Add +17.1% | 259,000 | $97.2M |
| VANECK ETF TRUST | call | Reduce -54.1% | 2,092,400 | $96.2M |
| TESLA INC | call | Add +24.7% | 362,200 | $93.9M |
| GOLDMAN SACHS GROUP INC | put | Add +651.8% | 168,400 | $92.0M |
| TESLA INC | put | Reduce -29.7% | 348,200 | $90.2M |
| AMAZON COM INC | put | Add +1.6% | 445,700 | $84.8M |
| BROADCOM INC | put | Reduce -52.7% | 492,700 | $82.5M |
| TAIWAN SEMICONDUCTOR MANUFAC | put | Sold out | 406,200 | $80.2Mbefore exit |
| SALESFORCE INC | call | Reduce -7.3% | 292,700 | $78.5M |
| INTERNATIONAL BUSINESS MACHS | put | Reduce -7.5% | 291,300 | $72.4M |
| BROADCOM INC | call | Reduce -34.9% | 427,500 | $71.6M |
| AMERICAN EXPRESS CO | put | Add +86.7% | 264,300 | $71.1M |
| ALIBABA GROUP HLDG LTD | call | Add +11.2% | 536,300 | $70.9M |
| ROBINHOOD MKTS INC | call | Reduce -23.0% | 1,568,000 | $65.3M |
| NETFLIX INC. | call | Reduce -46.3% | 66,500 | $62.0M |
| WELLS FARGO & CO | put | Add +40.9% | 778,900 | $55.9M |
| BANK OF AMER CORP | call | Reduce -7.3% | 1,338,800 | $55.9M |
| COINBASE GLOBAL INC | call | Reduce -18.4% | 320,200 | $55.1M |
| PAYPAL HLDGS INC | put | Add +142.8% | 835,200 | $54.5M |
| ADOBE INC | call | Add +7.6% | 134,400 | $51.5M |
| PDD HOLDINGS INC | call | Reduce -41.8% | 431,600 | $51.1M |
| STARBUCKS CORP | call | Reduce -13.6% | 508,700 | $49.9M |
| SHOPIFY INC | call | Reduce -45.3% | 515,900 | $49.9M |
| APPLE INC | put | Reduce -67.0% | 216,800 | $48.2M |
| MASTERCARD INCORPORATED | put | Reduce -41.2% | 86,500 | $47.4M |
| STARBUCKS CORP | put | Add +41.9% | 480,500 | $47.1M |
| ALIBABA GROUP HLDG LTD | put | Add +23.2% | 351,300 | $46.5M |
| BANK OF AMER CORP | put | Reduce -45.2% | 1,051,800 | $43.9M |
| PDD HOLDINGS INC | put | Reduce -7.9% | 363,100 | $43.0M |
| INVESCO QQQ TR | put | Add +68.0% | 85,500 | $40.1M |
| INTERNATIONAL BUSINESS MACHS | call | Reduce -35.5% | 160,200 | $39.8M |
| ADVANCED MICRO DEVICES INC | put | Add +7.4% | 367,600 | $37.8M |
Showing the first 50 of 253.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 103 | $191.1M | META, AXP, MSFT, AAPL, BABA |
| Q1 2026 | 101 | $216.2M | JPM, AXP, META, CRM, BIDU |
| Q4 2025Amended | 84 | $151.1M | SBUX, PDD, BABA, EA, GOOGL |
| Q3 2025 | 83 | $240.7M | C, SHOP, GS, SBUX, MSFT |
| Q2 2025 | 72 | $207.7M | SHOP, ADBE, C, DIS, BABA |
| Q1 2025 | 71 | $241.8M | META, SBUX, AXP, DIS, TSM |
| Q4 2024 | 61 | $167.9M | SBUX, NFLX, BABA, IBM, WFC |
| Q3 2024 | 73 | $218.9M | NFLX, FDX, SBUX, GDX, BP |
| Q2 2024 | 75 | $351.7M | NVDA, NFLX, AVGO, META, PDD |
| Q1 2024 | 61 | $219.2M | AAPL, NFLX, AAL, C, W |