In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 18, 2026), CTC LLC reported 38 stock positions worth $1.1 billion . Its top holding was Nvidia (NVDA) at 13.8% of the portfolio, followed by SPDR Gold Shares (GLD, 12.4% ) and iShares Silver Trust (SLV, 11.5% ). Compared with Q3 2025, it opened 11 new positions, sold out of 12, added to 11 and reduced 16. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −91% ).
Location CHICAGO, IL
CIK 0001445893
Portfolio Value $1.1B (Q4 2025) Holdings 38 stocks · $1.1B 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 Q3 2025 NVDA Nvidia Corp. 808,352 $150.8M New GLD SPDR Gold Shares 342,004 $135.5M New SLV iShares Silver Trust 1,948,468 $125.5M New MU Micron Technology Inc. 350,224 $100.0M Add +77.8% SPY SS SPDR S&P 500 ETF Trust-US 121,111 $82.6M Reduce -91.0% PLTR Palantir Technologies Inc. Class A 321,644 $57.2M Reduce -41.3% GOOG Alphabet Inc. Class C 170,428 $53.4M New BKNG Booking Holdings Inc. 9,909 $53.1M Add +15.1% COIN Coinbase Global Inc. Class A 202,769 $45.9M Add +9.7% ORCL Oracle Corp. 211,150 $41.2M Add +343.7% MSTR Strategy Inc. 231,830 $35.2M Add +39.0% TSM Taiwan Semiconductor-SP ADR 104,680 $31.8M Add +19.3% PYPL PayPal Holdings Inc. 538,298 $31.4M New AVGO Broadcom Inc. 81,350 $28.2M Reduce -62.3% JPM JPMorgan Chase & Co. 61,419 $19.8M Add +174.1% NFLX Netflix Inc. 207,740 $19.5M Reduce -84.7% BA The Boeing Co. 82,335 $17.9M Add +46.0% MELI MercadoLibre Inc. 8,155 $16.4M Add +65.8% BABA Alibaba Group Holding-SP ADR 59,852 $8.8M Reduce -75.0% COST Costco Wholesale Corp. 5,307 $4.6M Reduce -15.9% CRWD CrowdStrike Holdings Inc. Class A 9,426 $4.4M Reduce -4.1% SMCI Super Micro Computer Inc. 149,085 $4.4M Reduce -79.6% DIS The Walt Disney Co. filed as DISNEY WALT CO 34,981 $4.0M New BAC Bank of America Corp. filed as BANK AMERICA CORP 66,067 $3.6M New C Citigroup Inc. 29,571 $3.5M New WFC Wells Fargo & Co. 25,963 $2.4M Reduce -30.7% XLE SS Energy Select Sector 43,622 $2.3M Add +478.5% CVX Chevron Corp. 10,696 $1.6M Reduce -33.1% WMT Walmart Inc. 13,537 $1.5M New ADBE Adobe Inc. 3,281 $1.1M Reduce -86.0% TGT Target Corp. 7,203 $704K Reduce -33.3% SNOW Snowflake Inc. 2,613 $573K Reduce -98.8% JD Jd.com Inc.-ADR 19,391 $557K Reduce -48.0% SHOP Shopify Inc. Class A 3,256 $524K New HD Home Depot Inc. 1,343 $462K Reduce -0.1% UPST Upstart Holdings Inc. 9,295 $406K Reduce -40.0% UBER Uber Technologies Inc. 3,641 $298K Add +28.2% XOM Exxon Mobil Corp. 2,233 $269K New
Options reported separately and not counted above: SPY puts ($41.9B), SPY calls ($22.8B), QQQ puts ($18.2B), QQQ calls ($14.6B), GLD calls ($13.0B), GLD puts ($8.0B), TSLA calls ($7.9B), HYG puts ($6.6B), NVDA calls ($5.5B), TSLA puts ($5.3B), SLV puts ($4.7B), NVDA puts ($4.7B), and 104 more.
Portfolio Sells Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▲ SPY SS SPDR S&P 500 ETF Trust-US Reduce -91.0% 7.57% −28.91 MSFT Microsoft Corp. Sold out 0.00% −8.12 TSLA Tesla Inc. Sold out 0.00% −7.38 META Meta Platforms Inc. Class A Sold out 0.00% −5.36 AMD Advanced Micro Devices Sold out 0.00% −5.22 NFLX Netflix Inc. Reduce -84.7% 1.78% −4.84 IWM iShares Russell 2000 ETF Sold out 0.00% −3.35 GOOGL Alphabet Inc. Class A Sold out 0.00% −3.13 SNOW Snowflake Inc. Reduce -98.8% 0.05% −1.88 SMCI Super Micro Computer Inc. Reduce -79.6% 0.40% −1.03 BABA Alibaba Group Holding-SP ADR Reduce -75.0% 0.80% −0.94 AVGO Broadcom Inc. Reduce -62.3% 2.58% −0.32 ADBE Adobe Inc. Reduce -86.0% 0.11% −0.23 QCOM Qualcomm Inc. Sold out 0.00% −0.11 GME Gamestop Corp. Class A Sold out 0.00% −0.11 XLF SS Financial Select Sector Sold out 0.00% −0.05 QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.02 FSLR First Solar Inc. Sold out 0.00% −0.02 LLY Eli Lilly & Co. Sold out 0.00% −0.01 JD Jd.com Inc.-ADR Reduce -48.0% 0.05% −0.00 UPST Upstart Holdings Inc. Reduce -40.0% 0.04% +0.01 HD Home Depot Inc. Reduce -0.1% 0.04% +0.02 TGT Target Corp. Reduce -33.3% 0.06% +0.03 CVX Chevron Corp. Reduce -33.1% 0.15% +0.05 WFC Wells Fargo & Co. Reduce -30.7% 0.22% +0.09 COST Costco Wholesale Corp. Reduce -15.9% 0.42% +0.18 CRWD CrowdStrike Holdings Inc. Class A Reduce -4.1% 0.40% +0.21 PLTR Palantir Technologies Inc. Class A Reduce -41.3% 5.24% +1.17
Portfolio Buys Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▼ NVDA Nvidia Corp. New 13.82% +13.82 GLD SPDR Gold Shares New 12.42% +12.42 SLV iShares Silver Trust New 11.50% +11.50 MU Micron Technology Inc. Add +77.8% 9.16% +7.82 GOOG Alphabet Inc. Class C New 4.89% +4.89 ORCL Oracle Corp. Add +343.7% 3.77% +3.23 BKNG Booking Holdings Inc. Add +15.1% 4.86% +2.97 PYPL PayPal Holdings Inc. New 2.88% +2.88 TSM Taiwan Semiconductor-SP ADR Add +19.3% 2.92% +1.92 COIN Coinbase Global Inc. Class A Add +9.7% 4.20% +1.66 JPM JPMorgan Chase & Co. Add +174.1% 1.81% +1.53 BA The Boeing Co. Add +46.0% 1.64% +1.14 MSTR Strategy Inc. Add +39.0% 3.23% +1.04 MELI MercadoLibre Inc. Add +65.8% 1.51% +1.04 DIS The Walt Disney Co. New 0.36% +0.36 BAC Bank of America Corp. New 0.33% +0.33 C Citigroup Inc. New 0.32% +0.32 XLE SS Energy Select Sector Add +478.5% 0.21% +0.20 WMT Walmart Inc. New 0.14% +0.14 SHOP Shopify Inc. Class A New 0.05% +0.05 XOM Exxon Mobil Corp. New 0.02% +0.02 UBER Uber Technologies Inc. Add +28.2% 0.03% +0.02
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -7.1% 613,968 $41.9B SPY SS SPDR S&P 500 ETF Trust-US call Reduce -12.3% 334,908 $22.8B QQQ Invesco QQQ Trust Series 1 put Add +5.8% 295,515 $18.2B QQQ Invesco QQQ Trust Series 1 call Add +1.3% 237,054 $14.6B GLD SPDR Gold Shares call Add +84.1% 328,838 $13.0B GLD SPDR Gold Shares put Add +35.9% 201,366 $8.0B TSLA Tesla Inc. call Reduce -13.1% 176,454 $7.9B HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Reduce -24.9% 288,096 $6.6B NVDA Nvidia Corp. call Add +0.1% 294,477 $5.5B TSLA Tesla Inc. put Reduce -17.6% 118,773 $5.3B SLV iShares Silver Trust put Add +245.9% 730,088 $4.7B NVDA Nvidia Corp. put Reduce -3.3% 250,138 $4.7B HYG Ishr Ibx Usd Hiyld CB ETF-Ui call Reduce -0.4% 192,562 $4.3B GOOG Alphabet Inc. Class C call Add +14.6% 124,367 $3.9B GOOG Alphabet Inc. Class C put Add +11.3% 116,248 $3.6B SLV iShares Silver Trust call Add +27.3% 444,009 $2.9B META Meta Platforms Inc. Class A call Add +30.6% 43,156 $2.8B AAPL Apple Inc. call Add +0.9% 84,674 $2.3B MSFT Microsoft Corp. call Add +13.3% 47,037 $2.3B META Meta Platforms Inc. Class A put Add +12.0% 31,862 $2.1B MSFT Microsoft Corp. put Add +0.1% 43,142 $2.1B AAPL Apple Inc. put Add +7.8% 73,973 $2.0B MSTR Strategy Inc. call Add +7.3% 119,511 $1.8B AMZN Amazon.com Inc. call Add +8.5% 75,780 $1.7B AMD Advanced Micro Devices call Add +8.6% 73,900 $1.6B MSTR Strategy Inc. put Reduce -13.5% 99,852 $1.5B AMZN Amazon.com Inc. put Reduce -4.8% 58,849 $1.4B AMD Advanced Micro Devices put Reduce -6.6% 57,944 $1.2B PLTR Palantir Technologies Inc. Class A put Reduce -9.2% 66,647 $1.2B AVGO Broadcom Inc. put Add +1.8% 31,748 $1.1B PLTR Palantir Technologies Inc. Class A call Reduce -6.8% 61,815 $1.1B AVGO Broadcom Inc. call Add +9.5% 29,057 $1.0B NFLX Netflix Inc. call Add +3.0% 78,881 $739.6M TSM Taiwan Semiconductor-SP ADR put Add +36.7% 23,958 $728.1M NFLX Netflix Inc. put Reduce -26.4% 77,577 $727.4M COIN Coinbase Global Inc. Class A call Reduce -8.3% 31,269 $707.1M MU Micron Technology Inc. put Add +78.2% 21,071 $601.4M COIN Coinbase Global Inc. Class A put Reduce -15.1% 24,811 $561.1M TSM Taiwan Semiconductor-SP ADR call Add +16.5% 17,982 $546.5M MU Micron Technology Inc. call Add +56.1% 16,856 $481.1M BABA Alibaba Group Holding-SP ADR call Reduce -23.6% 31,219 $457.6M BKNG Booking Holdings Inc. call Add +55.8% 821 $439.7M BABA Alibaba Group Holding-SP ADR put Add +1.6% 27,456 $402.5M ORCL Oracle Corp. put Add +1005.6% 19,437 $378.8M BKNG Booking Holdings Inc. put Reduce -3.6% 675 $361.5M ORCL Oracle Corp. call Add +781.7% 17,167 $334.6M MELI MercadoLibre Inc. put Add +0.2% 598 $120.5M MELI MercadoLibre Inc. call Add +41.2% 487 $98.1M GS Goldman Sachs Group Inc. put Reduce -44.0% 733 $64.4M BA The Boeing Co. call Reduce -50.7% 2,962 $64.3M
Showing the first 50 of 107.
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