In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), CTC LLC reported 40 stock positions worth $1.6 billion . Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 16.5% of the portfolio, followed by Strategy (MSTR, 10.9% ) and Alphabet Class A (GOOGL, 9.2% ). Compared with Q1 2025, it opened 13 new positions, sold out of 11, added to 10 and reduced 17. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale Coinbase Global Class A (COIN, shares −87% ).
Location CHICAGO, IL
CIK 0001445893
Portfolio Value $1.6B (Q2 2025) Holdings 40 stocks · $1.6B 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 Q1 2025 SPY SS SPDR S&P 500 ETF Trust-US 417,950 $258.2M New MSTR Strategy Inc. filed as MICROSTRATEGY INC 422,546 $170.8M New GOOGL Alphabet Inc. Class A 820,651 $144.6M Add +65.7% PLTR Palantir Technologies Inc. Class A 908,257 $123.8M Add +69.1% QQQ Invesco QQQ Trust Series 1 206,619 $114.0M New IWM iShares Russell 2000 ETF 522,847 $112.8M New GOOG Alphabet Inc. Class C 425,578 $75.5M New META Meta Platforms Inc. Class A 92,487 $68.3M New NVDA Nvidia Corp. 418,968 $66.2M Add +139.1% BABA Alibaba Group Holding-SP ADR 568,033 $64.4M Add +64.4% AMD Advanced Micro Devices 390,048 $55.3M Reduce -34.8% BKNG Booking Holdings Inc. 8,450 $48.9M New AAPL Apple Inc. 219,191 $45.0M Add +1385.4% GLD SPDR Gold Shares 86,821 $26.5M Add +23.8% TSLA Tesla Inc. 72,745 $23.1M New NFLX Netflix Inc. 17,023 $22.8M Reduce -42.4% COIN Coinbase Global Inc. Class A 58,026 $20.3M Reduce -86.8% BA The Boeing Co. 81,992 $17.2M Add +679.4% TSM Taiwan Semiconductor-SP ADR 75,468 $17.1M Reduce -48.0% HYG Ishr Ibx Usd Hiyld CB ETF-Ui 183,202 $14.8M New CRM Salesforce Inc. 51,312 $14.0M New SMCI Super Micro Computer Inc. 269,729 $13.2M Add +316.4% AMZN Amazon.com Inc. 58,280 $12.8M New PYPL PayPal Holdings Inc. 105,534 $7.8M Reduce -80.5% COST Costco Wholesale Corp. 6,428 $6.4M Reduce -49.6% CRWD CrowdStrike Holdings Inc. Class A 10,126 $5.2M Reduce -14.2% WFC Wells Fargo & Co. 37,454 $3.0M Reduce -70.8% QCOM Qualcomm Inc. 16,301 $2.6M Reduce -30.5% CVX Chevron Corp. 16,078 $2.3M Reduce -29.5% ADBE Adobe Inc. 5,131 $2.0M New GME Gamestop Corp. Class A 69,270 $1.7M Add +108.1% LLY Eli Lilly & Co. 1,680 $1.3M New FSLR First Solar Inc. 7,358 $1.2M Reduce -0.7% JD Jd.com Inc.-ADR 35,668 $1.2M Add +82.9% TGT Target Corp. 10,876 $1.1M Reduce -70.1% UPST Upstart Holdings Inc. 15,115 $978K Reduce -40.5% XLE SS Energy Select Sector 4,695 $398K Reduce -86.7% HD Home Depot Inc. 953 $349K Reduce -77.4% UBER Uber Technologies Inc. 2,550 $238K Reduce -37.0% MELI MercadoLibre Inc. 77 $201K Reduce -91.2%
Options reported separately and not counted above: SPY puts ($40.6B), SPY calls ($25.6B), QQQ calls ($12.6B), QQQ puts ($12.2B), IWM puts ($7.2B), TSLA calls ($6.2B), TSLA puts ($4.8B), GLD calls ($4.3B), IWM calls ($4.1B), NVDA calls ($4.1B), MSTR puts ($3.6B), GLD puts ($3.4B), and 113 more.
Portfolio Sells Q1 2025 → Q2 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 Q1 2025 % Of Portfolio Change To Portfolio ▲ COIN Coinbase Global Inc. Class A Reduce -86.8% 1.30% −10.86 AVGO Broadcom Inc. Sold out 0.00% −9.85 AMD Advanced Micro Devices Reduce -34.8% 3.53% −6.33 PYPL PayPal Holdings Inc. Reduce -80.5% 0.50% −5.17 DIS The Walt Disney Co. Sold out 0.00% −2.98 NFLX Netflix Inc. Reduce -42.4% 1.45% −2.97 TSM Taiwan Semiconductor-SP ADR Reduce -48.0% 1.09% −2.77 SNOW Snowflake Inc. Sold out 0.00% −2.59 BAC Bank of America Corp. Sold out 0.00% −1.99 GS Goldman Sachs Group Inc. Sold out 0.00% −1.80 COST Costco Wholesale Corp. Reduce -49.6% 0.41% −1.53 WFC Wells Fargo & Co. Reduce -70.8% 0.19% −1.29 JPM JPMorgan Chase & Co. Sold out 0.00% −1.27 SHOP Shopify Inc. Class A Sold out 0.00% −0.80 TGT Target Corp. Reduce -70.1% 0.07% −0.54 XLE SS Energy Select Sector Reduce -86.7% 0.03% −0.50 WMT Walmart Inc. Sold out 0.00% −0.49 CVX Chevron Corp. Reduce -29.5% 0.15% −0.47 QCOM Qualcomm Inc. Reduce -30.5% 0.17% −0.41 CRWD CrowdStrike Holdings Inc. Class A Reduce -14.2% 0.33% −0.34 MELI MercadoLibre Inc. Reduce -91.2% 0.01% −0.26 XOM Exxon Mobil Corp. Sold out 0.00% −0.26 HD Home Depot Inc. Reduce -77.4% 0.02% −0.23 UPST Upstart Holdings Inc. Reduce -40.5% 0.06% −0.13 FSLR First Solar Inc. Reduce -0.7% 0.08% −0.07 PDD PDD Holdings Inc. Sold out 0.00% −0.04 UBER Uber Technologies Inc. Reduce -37.0% 0.02% −0.03 SNAP Snap Inc. Class A Sold out 0.00% −0.02
Portfolio Buys Q1 2025 → Q2 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 Q1 2025 % Of Portfolio Change To Portfolio ▼ SPY SS SPDR S&P 500 ETF Trust-US New 16.47% +16.47 MSTR Strategy Inc. New 10.90% +10.90 QQQ Invesco QQQ Trust Series 1 New 7.27% +7.27 IWM iShares Russell 2000 ETF New 7.20% +7.20 GOOG Alphabet Inc. Class C New 4.82% +4.82 META Meta Platforms Inc. Class A New 4.35% +4.35 BKNG Booking Holdings Inc. New 3.12% +3.12 AAPL Apple Inc. Add +1385.4% 2.87% +2.34 TSLA Tesla Inc. New 1.47% +1.47 NVDA Nvidia Corp. Add +139.1% 4.22% +1.17 HYG Ishr Ibx Usd Hiyld CB ETF-Ui New 0.94% +0.94 CRM Salesforce Inc. New 0.89% +0.89 AMZN Amazon.com Inc. New 0.82% +0.82 BA The Boeing Co. Add +679.4% 1.10% +0.81 PLTR Palantir Technologies Inc. Class A Add +69.1% 7.90% +0.62 SMCI Super Micro Computer Inc. Add +316.4% 0.84% +0.49 ADBE Adobe Inc. New 0.13% +0.13 LLY Eli Lilly & Co. New 0.08% +0.08 GME Gamestop Corp. Class A Add +108.1% 0.11% −0.01 JD Jd.com Inc.-ADR Add +82.9% 0.07% −0.05 GLD SPDR Gold Shares Add +23.8% 1.69% −1.56 GOOGL Alphabet Inc. Class A Add +65.7% 9.23% −3.07 BABA Alibaba Group Holding-SP ADR Add +64.4% 4.11% −3.23
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Add +5.0% 65,659,800 $40.6B SPY SS SPDR S&P 500 ETF Trust-US call Reduce -13.3% 41,370,600 $25.6B QQQ Invesco QQQ Trust Series 1 call Add +4.9% 22,887,000 $12.6B QQQ Invesco QQQ Trust Series 1 put Reduce -6.0% 22,178,700 $12.2B IWM iShares Russell 2000 ETF put Add +3.2% 33,188,800 $7.2B TSLA Tesla Inc. call Add +6.1% 19,553,300 $6.2B TSLA Tesla Inc. put Add +4.0% 15,135,600 $4.8B GLD SPDR Gold Shares call Add +25.6% 14,118,100 $4.3B IWM iShares Russell 2000 ETF call Add +10.0% 19,201,100 $4.1B NVDA Nvidia Corp. call Reduce -13.2% 26,055,000 $4.1B MSTR Strategy Inc. put Add +51.5% 8,893,300 $3.6B GLD SPDR Gold Shares put Add +21.8% 11,240,300 $3.4B MSTR Strategy Inc. call Add +24.6% 8,328,000 $3.4B NVDA Nvidia Corp. put Reduce -15.8% 21,185,300 $3.3B MSFT Microsoft Corp. call Add +11.6% 4,334,500 $2.2B META Meta Platforms Inc. Class A call Reduce -1.1% 2,858,000 $2.1B META Meta Platforms Inc. Class A put Add +5.2% 2,504,600 $1.8B MSFT Microsoft Corp. put Add +26.4% 3,670,400 $1.8B NFLX Netflix Inc. put Add +41.0% 1,070,900 $1.4B AAPL Apple Inc. call Add +17.8% 6,242,700 $1.3B COIN Coinbase Global Inc. Class A call Reduce -7.0% 3,214,500 $1.1B NFLX Netflix Inc. call Add +31.5% 820,700 $1.1B AMZN Amazon.com Inc. call Reduce -9.4% 4,763,500 $1.0B AAPL Apple Inc. put Reduce -4.5% 4,909,200 $1.0B COIN Coinbase Global Inc. Class A put Reduce -10.5% 2,872,300 $1.0B AMZN Amazon.com Inc. put Reduce -3.8% 4,432,300 $972.4M GOOGL Alphabet Inc. Class A put Add +35.9% 5,295,100 $933.2M PLTR Palantir Technologies Inc. Class A put Add +41.5% 6,410,600 $873.9M GOOGL Alphabet Inc. Class A call Add +17.0% 4,874,500 $859.0M SLV iShares Silver Trust call Reduce -8.0% 23,663,300 $776.4M AMD Advanced Micro Devices call Add +15.3% 5,011,000 $711.1M PLTR Palantir Technologies Inc. Class A call Add +22.9% 5,188,800 $707.3M AVGO Broadcom Inc. put Reduce -17.0% 2,554,900 $704.3M AVGO Broadcom Inc. call Add +0.4% 2,489,500 $686.2M GOOG Alphabet Inc. Class C call Reduce -17.8% 3,771,300 $669.0M HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Add +0.7% 8,139,400 $656.4M AMD Advanced Micro Devices put Reduce -1.0% 4,340,000 $615.8M GOOG Alphabet Inc. Class C put Add +18.1% 2,964,500 $525.9M BABA Alibaba Group Holding-SP ADR call Reduce -23.9% 4,264,500 $483.6M SLV iShares Silver Trust put Reduce -12.7% 14,489,300 $475.4M BKNG Booking Holdings Inc. put Add +35.4% 77,200 $446.9M TSM Taiwan Semiconductor-SP ADR call Add +4.7% 1,607,800 $364.2M TSM Taiwan Semiconductor-SP ADR put Add +7.2% 1,557,100 $352.7M BABA Alibaba Group Holding-SP ADR put Reduce -14.3% 3,099,200 $351.5M BKNG Booking Holdings Inc. call Reduce -11.8% 50,600 $292.9M BA The Boeing Co. put Add +13.8% 1,149,900 $240.9M BA The Boeing Co. call Reduce -23.9% 938,500 $196.6M GS Goldman Sachs Group Inc. put Reduce -0.6% 234,200 $165.8M GS Goldman Sachs Group Inc. call Add +0.5% 223,400 $158.1M SNOW Snowflake Inc. call Add +60.4% 643,100 $143.9M
Showing the first 50 of 127.
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