In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), CTC LLC reported 38 stock positions worth $622.9 million . Its top holding was Alphabet Class A (GOOGL) at 12.3% of the portfolio, followed by Coinbase Global Class A (COIN, 12.2% ) and Advanced Micro Devices (AMD, 9.9% ). Compared with Q4 2024, it opened 7 new positions, sold out of 43, added to 15 and reduced 16. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale an exit from SS SPDR S&P 500 ETF Trust-US (SPY).
Location CHICAGO, IL
CIK 0001445893
Portfolio Value $622.9M (Q1 2025) Holdings 38 stocks · $622.9M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 GOOGL Alphabet Inc. Class A 495,208 $76.6M New COIN Coinbase Global Inc. Class A 439,543 $75.7M Add +326.2% AMD Advanced Micro Devices 597,917 $61.4M Add +727.1% AVGO Broadcom Inc. 366,556 $61.4M Add +983.3% BABA Alibaba Group Holding-SP ADR 345,578 $45.7M Add +9.6% PLTR Palantir Technologies Inc. Class A 537,167 $45.3M Add +566.3% PYPL PayPal Holdings Inc. 541,728 $35.3M Add +986.6% NFLX Netflix Inc. 29,528 $27.5M New TSM Taiwan Semiconductor-SP ADR 145,030 $24.1M Reduce -25.8% GLD SPDR Gold Shares 70,120 $20.2M Reduce -89.0% NVDA Nvidia Corp. 175,205 $19.0M New DIS The Walt Disney Co. filed as DISNEY WALT CO 187,987 $18.6M Add +103.5% SNOW Snowflake Inc. 110,228 $16.1M Add +277.8% BAC Bank of America Corp. filed as BANK AMERICA CORP 296,955 $12.4M Add +275.7% COST Costco Wholesale Corp. 12,745 $12.1M Reduce -40.9% GS Goldman Sachs Group Inc. 20,473 $11.2M Reduce -54.2% WFC Wells Fargo & Co. 128,156 $9.2M Reduce -29.1% JPM JPMorgan Chase & Co. 32,364 $7.9M Add +182.4% SHOP Shopify Inc. Class A 52,361 $5.0M New CRWD CrowdStrike Holdings Inc. Class A 11,803 $4.2M Add +128.7% CVX Chevron Corp. 22,804 $3.8M Reduce -55.8% TGT Target Corp. 36,330 $3.8M Add +12.4% QCOM Qualcomm Inc. 23,442 $3.6M Add +476.4% XLE SS Energy Select Sector 35,336 $3.3M Add +113.7% AAPL Apple Inc. 14,756 $3.3M Reduce -93.7% WMT Walmart Inc. 35,098 $3.1M Reduce -40.7% SMCI Super Micro Computer Inc. 64,770 $2.2M New BA The Boeing Co. 10,520 $1.8M New MELI MercadoLibre Inc. 873 $1.7M Reduce -93.9% XOM Exxon Mobil Corp. 13,629 $1.6M New HD Home Depot Inc. 4,225 $1.5M Reduce -64.6% UPST Upstart Holdings Inc. 25,381 $1.2M Add +5.1% FSLR First Solar Inc. 7,412 $937K Reduce -37.1% JD Jd.com Inc.-ADR 19,504 $802K Reduce -78.3% GME Gamestop Corp. Class A 33,287 $743K Reduce -38.7% UBER Uber Technologies Inc. 4,050 $295K Reduce -67.5% PDD PDD Holdings Inc. 2,281 $270K Reduce -18.0% SNAP Snap Inc. Class A 11,264 $98K Reduce -55.2%
Options reported separately and not counted above: SPY puts ($35.0B), SPY calls ($26.7B), QQQ puts ($11.1B), QQQ calls ($10.2B), IWM puts ($6.4B), TSLA calls ($4.8B), TSLA puts ($3.8B), IWM calls ($3.5B), NVDA calls ($3.3B), GLD calls ($3.2B), NVDA puts ($2.7B), GLD puts ($2.7B), and 113 more.
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −17.02 SLV iShares Silver Trust Sold out 0.00% −14.16 GLD SPDR Gold Shares Reduce -89.0% 3.24% −12.29 AAPL Apple Inc. Reduce -93.7% 0.53% −5.35 TSLA Tesla Inc. Sold out 0.00% −3.71 ADBE Adobe Inc. Sold out 0.00% −2.39 MELI MercadoLibre Inc. Reduce -93.9% 0.27% −2.20 MU Micron Technology Inc. Sold out 0.00% −1.33 ORCL Oracle Corp. Sold out 0.00% −1.30 META Meta Platforms Inc. Class A Sold out 0.00% −1.28 MA Mastercard Inc. Class A Sold out 0.00% −1.17 MS Morgan Stanley Sold out 0.00% −1.01 MSTR Strategy Inc. Sold out 0.00% −0.98 XLF SS Financial Select Sector Sold out 0.00% −0.93 GS Goldman Sachs Group Inc. Reduce -54.2% 1.80% −0.79 CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.79 CRM Salesforce Inc. Sold out 0.00% −0.70 V Visa Inc. Class A Sold out 0.00% −0.70 CAT Caterpillar Inc. Sold out 0.00% −0.68 SMH Vaneck Semiconductor ETF Sold out 0.00% −0.58 C Citigroup Inc. Sold out 0.00% −0.46 PFE Pfizer Inc. Sold out 0.00% −0.37 LLY Eli Lilly & Co. Sold out 0.00% −0.33 ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.32 ABNB Airbnb Inc. Class A Sold out 0.00% −0.27 CVNA Carvana Co. Sold out 0.00% −0.24 AMAT Applied Materials Inc. Sold out 0.00% −0.23 HD Home Depot Inc. Reduce -64.6% 0.25% −0.22 FDX FedEx Corp. Sold out 0.00% −0.19 BX Blackstone Inc. Sold out 0.00% −0.19 JD Jd.com Inc.-ADR Reduce -78.3% 0.13% −0.19 KRE SS SPDR S&P Regional Bank Sold out 0.00% −0.18 ZM Zoom Communications Inc. Sold out 0.00% −0.16 MRK Merck & Co. Inc. Sold out 0.00% −0.14 CVX Chevron Corp. Reduce -55.8% 0.61% −0.14 LMT Lockheed Martin Corp. Sold out 0.00% −0.14 SBUX Starbucks Corp. Sold out 0.00% −0.11 INTC Intel Corp. Sold out 0.00% −0.11 MRNA Moderna Inc. Sold out 0.00% −0.10 FUTU Futu Holdings Ltd.-ADR Sold out 0.00% −0.10 FSLR First Solar Inc. Reduce -37.1% 0.15% −0.06 COST Costco Wholesale Corp. Reduce -40.9% 1.94% −0.06 GME Gamestop Corp. Class A Reduce -38.7% 0.12% −0.05 WMT Walmart Inc. Reduce -40.7% 0.49% −0.04 LULU Lululemon Athletica Inc. Sold out 0.00% −0.04 OXY Occidental Petroleum Corp. Sold out 0.00% −0.04 IBM Intl Business Machines Corp. Sold out 0.00% −0.04 UNH Unitedhealth Group Inc. Sold out 0.00% −0.03 AFRM Affirm Holdings Inc. Sold out 0.00% −0.03 TSM Taiwan Semiconductor-SP ADR Reduce -25.8% 3.86% −0.03
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ GOOGL Alphabet Inc. Class A New 12.29% +12.29 COIN Coinbase Global Inc. Class A Add +326.2% 12.15% +9.57 AVGO Broadcom Inc. Add +983.3% 9.85% +9.06 AMD Advanced Micro Devices Add +727.1% 9.86% +8.98 PLTR Palantir Technologies Inc. Class A Add +566.3% 7.28% +6.66 PYPL PayPal Holdings Inc. Add +986.6% 5.67% +5.25 BABA Alibaba Group Holding-SP ADR Add +9.6% 7.34% +4.64 NFLX Netflix Inc. New 4.42% +4.42 NVDA Nvidia Corp. New 3.05% +3.05 SNOW Snowflake Inc. Add +277.8% 2.59% +2.13 DIS The Walt Disney Co. Add +103.5% 2.98% +1.94 BAC Bank of America Corp. Add +275.7% 1.99% +1.64 JPM JPMorgan Chase & Co. Add +182.4% 1.27% +1.00 SHOP Shopify Inc. Class A New 0.80% +0.80 QCOM Qualcomm Inc. Add +476.4% 0.58% +0.52 CRWD CrowdStrike Holdings Inc. Class A Add +128.7% 0.67% +0.49 XLE SS Energy Select Sector Add +113.7% 0.53% +0.39 SMCI Super Micro Computer Inc. New 0.36% +0.36 BA The Boeing Co. New 0.29% +0.29 XOM Exxon Mobil Corp. New 0.26% +0.26 TGT Target Corp. Add +12.4% 0.61% +0.17 UPST Upstart Holdings Inc. Add +5.1% 0.19% +0.04
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -6.5% 62,550,000 $35.0B SPY SS SPDR S&P 500 ETF Trust-US call Add +8.2% 47,721,800 $26.7B QQQ Invesco QQQ Trust Series 1 put Reduce -17.2% 23,590,000 $11.1B QQQ Invesco QQQ Trust Series 1 call Reduce -3.4% 21,812,900 $10.2B IWM iShares Russell 2000 ETF put Reduce -23.4% 32,160,100 $6.4B TSLA Tesla Inc. call Add +49.9% 18,435,200 $4.8B TSLA Tesla Inc. put Add +38.8% 14,554,100 $3.8B IWM iShares Russell 2000 ETF call Reduce -6.5% 17,460,700 $3.5B NVDA Nvidia Corp. call Reduce -18.9% 30,028,000 $3.3B GLD SPDR Gold Shares call Reduce -10.1% 11,239,700 $3.2B NVDA Nvidia Corp. put Reduce -29.1% 25,155,000 $2.7B GLD SPDR Gold Shares put Add +7.9% 9,226,900 $2.7B MSTR Strategy Inc. call Add +9.2% 6,681,700 $1.9B MSTR Strategy Inc. put Add +0.4% 5,870,100 $1.7B META Meta Platforms Inc. Class A call Reduce -7.0% 2,891,200 $1.7B MSFT Microsoft Corp. call Reduce -21.0% 3,882,900 $1.5B META Meta Platforms Inc. Class A put Reduce -11.9% 2,380,100 $1.4B AAPL Apple Inc. call Reduce -14.1% 5,299,100 $1.2B AAPL Apple Inc. put Reduce -18.6% 5,142,900 $1.1B MSFT Microsoft Corp. put Reduce -47.4% 2,904,200 $1.1B AMZN Amazon.com Inc. call Add +24.4% 5,255,300 $999.9M AMZN Amazon.com Inc. put Add +1.4% 4,608,100 $876.7M SLV iShares Silver Trust call Add +1.7% 25,727,300 $797.3M BABA Alibaba Group Holding-SP ADR call Reduce -2.6% 5,603,700 $741.0M GOOG Alphabet Inc. Class C call Add +3.0% 4,585,600 $716.4M NFLX Netflix Inc. put Reduce -17.6% 759,300 $708.1M GOOGL Alphabet Inc. Class A call Reduce -16.6% 4,167,100 $644.4M HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Add +45.6% 8,086,600 $638.0M GOOGL Alphabet Inc. Class A put Reduce -2.2% 3,895,400 $602.4M COIN Coinbase Global Inc. Class A call Add +72.7% 3,455,000 $595.1M NFLX Netflix Inc. call Reduce -22.0% 624,300 $582.2M COIN Coinbase Global Inc. Class A put Add +65.9% 3,209,900 $552.8M AVGO Broadcom Inc. put Reduce -17.7% 3,079,800 $515.7M SLV iShares Silver Trust put Add +14.3% 16,593,900 $514.2M BABA Alibaba Group Holding-SP ADR put Add +38.9% 3,615,100 $478.0M AMD Advanced Micro Devices put Add +16.1% 4,384,200 $450.4M AMD Advanced Micro Devices call Reduce -1.9% 4,344,600 $446.4M AVGO Broadcom Inc. call Reduce -31.4% 2,480,100 $415.2M GOOG Alphabet Inc. Class C put Reduce -22.5% 2,511,100 $392.3M PLTR Palantir Technologies Inc. Class A put Add +57.9% 4,530,200 $382.3M PLTR Palantir Technologies Inc. Class A call Add +47.8% 4,220,500 $356.2M BKNG Booking Holdings Inc. call Reduce -42.8% 57,400 $264.4M BKNG Booking Holdings Inc. put Reduce -49.9% 57,000 $262.6M TSM Taiwan Semiconductor-SP ADR call Add +72.6% 1,535,000 $254.8M TSM Taiwan Semiconductor-SP ADR put Add +7.0% 1,453,200 $241.2M BA The Boeing Co. call Reduce -11.8% 1,234,100 $210.5M BA The Boeing Co. put Add +6.1% 1,010,800 $172.4M HYG Ishr Ibx Usd Hiyld CB ETF-Ui call Reduce -22.6% 1,961,900 $154.8M CRM Salesforce Inc. call Reduce -10.4% 488,000 $131.0M GS Goldman Sachs Group Inc. put Reduce -11.6% 235,600 $128.7M
Showing the first 50 of 208.
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 28 $1.7B SPY, AMZN, MU, SLV, GS Q1 2026 25 $1.2B SLV, GOOG, TSM, TSLA, MU Q4 2025 38 $1.1B NVDA, GLD, SLV, MU, SPY Q3 2025 39 $2.5B SPY, MSFT, TSLA, NFLX, META Q2 2025 40 $1.6B SPY, MSTR, GOOGL, PLTR, QQQ Q1 2025 38 $622.9M GOOGL, COIN, AMD, AVGO, BABA Q4 2024 74 $991.3M SPY, GLD, SLV, AAPL, TSM Q3 2024 67 $2.2B SPY, QQQ, SLV, MSFT, GLD Q2 2024 76 $1.3B SLV, SPY, NVDA, AVGO, AAPL Q1 2024 84 $6.1B SPY, QQQ, NVDA, GOOGL, TSLA