Deltec Asset Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 27, 2025), Deltec Asset Management LLC reported 159 stock positions worth $505.3 million. Its top holding was Alphabet Class A (GOOGL) at 7.6% of the portfolio, followed by Amazon.com (AMZN, 7.0%) and Microsoft (MSFT, 5.7%). Compared with Q3 2024, it opened 32 new positions, sold out of 26, added to 18 and reduced 54. The biggest buy was a new position in On Semiconductor (ON) and the biggest sale Caesars Entertainment (CZR, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001269950
- Portfolio Value
- $505.3M (Q4 2024)
- SEC Filing
- 0000919574-25-000511 ↗ filed Jan 27, 2025
Holdings Value
Holdings 159 stocks · $505.3M
| GOOGL Alphabet Inc. Class A | 7.62% | 203,338 | $38.5M | Reduce -2.5% |
| AMZN Amazon.com Inc. | 7.04% | 162,141 | $35.6M | Reduce -15.9% |
| MSFT Microsoft Corp. | 5.72% | 68,544 | $28.9M | Reduce -1.2% |
| AVGO Broadcom Inc. | 5.19% | 113,039 | $26.2M | Reduce -4.7% |
| OCUL Ocular Therapeutix Inc. | 4.42% | 2,616,373 | $22.3M | Add +0.6% |
| NVDA Nvidia Corp. | 4.18% | 157,390 | $21.1M | Reduce -4.9% |
| CCL Carnival Corp. | 3.69% | 749,053 | $18.7M | Reduce -5.1% |
| UBER Uber Technologies Inc. | 3.22% | 269,377 | $16.2M | Reduce -27.2% |
| META Meta Platforms Inc. Class A | 2.94% | 25,378 | $14.9M | Reduce -2.7% |
| V Visa Inc. Class A | 2.84% | 45,344 | $14.3M | Reduce -4.1% |
| IBIT iShares Bitcoin Trust ETF | 2.61% | 248,544 | $13.2M | Add +2.4% |
| WMT Walmart Inc. | 1.92% | 107,353 | $9.7M | Add +12.0% |
| HD Home Depot Inc. | 1.83% | 23,769 | $9.2M | Reduce -2.4% |
| EQT Eqt Corp. | 1.81% | 198,822 | $9.2M | Reduce -21.9% |
| CPA Copa Holdings SA Class A | 1.48% | 85,335 | $7.5M | Reduce -21.4% |
| DKNG Draftkings Inc. Class A | 1.44% | 195,172 | $7.3M | Add +7.0% |
| VIST Vista Energy Sab DE CV | 1.43% | 133,461 | $7.2M | Reduce -3.3% |
| AAPL Apple Inc. | 1.42% | 28,716 | $7.2M | Reduce -11.9% |
| TSM Taiwan Semiconductor-SP ADR | 1.42% | 36,267 | $7.2M | Reduce -11.5% |
| MA Mastercard Inc. Class A | 1.29% | 12,426 | $6.5M | Reduce -5.3% |
| ON On Semiconductor | 1.26% | 100,595 | $6.3M | New |
| MRVL Marvell Technology Inc. | 1.21% | 55,539 | $6.1M | Reduce -54.5% |
| MU Micron Technology Inc. | 1.18% | 70,752 | $6.0M | Add +135.0% |
| PM Philip Morris International | 1.14% | 47,961 | $5.8M | Reduce -2.4% |
| FLEX Flex Ltd. | 1.13% | 149,219 | $5.7M | Reduce -5.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.02% | 8,768 | $5.1M | Reduce -47.9% |
| XLV SS Health Care Select Sector | 0.99% | 36,328 | $5.0M | Reduce -6.4% |
| XYZ Block Inc. | 0.98% | 58,000 | $4.9M | New |
| LLY Eli Lilly & Co. | 0.88% | 5,750 | $4.4M | Reduce -5.0% |
| DELL Dell Technologies -C | 0.85% | 37,097 | $4.3M | Add +55.6% |
| CMG Chipotle Mexican Grill Inc. | 0.82% | 68,500 | $4.1M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 8,578 | $3.9M | No change |
| IQV Iqvia Holdings Inc. | 0.77% | 19,725 | $3.9M | No change |
| CZR Caesars Entertainment Inc. | 0.77% | 115,900 | $3.9M | Reduce -72.1% |
| BKNG Booking Holdings Inc. | 0.73% | 745 | $3.7M | Reduce -5.2% |
| SHEL Shell PLC-ADR | 0.71% | 57,204 | $3.6M | No change |
| EMBJ Embraer SA-Spon ADR | 0.69% | 95,250 | $3.5M | Add +1.6% |
| GOOG Alphabet Inc. Class C | 0.65% | 17,286 | $3.3M | Reduce -0.9% |
| COST Costco Wholesale Corp. | 0.63% | 3,485 | $3.2M | Reduce -5.8% |
| SLV iShares Silver Trust | 0.50% | 96,540 | $2.5M | Add +19.2% |
| SMLR Semler Scientific Inc. | 0.49% | 45,600 | $2.5M | New |
| MELI MercadoLibre Inc. | 0.47% | 1,400 | $2.4M | Add +7.7% |
| MO Altria Group Inc. | 0.45% | 43,616 | $2.3M | Reduce -0.6% |
| CRM Salesforce Inc. | 0.43% | 6,500 | $2.2M | No change |
| VNQ Vanguard Real Estate ETF | 0.42% | 23,900 | $2.1M | No change |
| IGV iShares Expanded Tech-Softwa | 0.37% | 18,500 | $1.9M | New |
| QCOM Qualcomm Inc. | 0.35% | 11,393 | $1.8M | Add +13.9% |
| URA Global X Uranium ETF | 0.32% | 60,750 | $1.6M | New |
| XLI SS Industrial Select Sector | 0.32% | 12,250 | $1.6M | Reduce -16.9% |
| HDB HDFC Bank Ltd.-ADR | 0.32% | 25,100 | $1.6M | Reduce -1.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 13,100 | $1.6M | No change |
| TDG Transdigm Group Inc. | 0.31% | 1,217 | $1.5M | Add +49.0% |
| LPAA Launch One Acquisition Corp. | 0.30% | 150,000 | $1.5M | No change |
| IMSR Terrestrial Energy Inc. filed as HCM II ACQUISITION CORP | 0.30% | 150,000 | $1.5M | No change |
| LPBB Launch Two Acquisition Class A | 0.30% | 150,000 | $1.5M | New |
| RSP Invesco S&P 500 Equal Weight | 0.29% | 8,400 | $1.5M | New |
| PSTX Poseida Therapeutics Inc. | 0.28% | 150,000 | $1.4M | New |
| WH Wyndham Hotels & Resorts Inc. | 0.28% | 14,000 | $1.4M | Reduce -12.5% |
| DESP Despegar.com Corp. | 0.28% | 73,000 | $1.4M | Reduce -12.1% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.28% | 31,000 | $1.4M | New |
| ACGL Arch Capital Group Ltd. | 0.27% | 14,750 | $1.4M | New |
| ETN Eaton Corp. PLC | 0.27% | 4,100 | $1.4M | No change |
| SHW The Sherwin-Williams Co. | 0.27% | 4,000 | $1.4M | New |
| MDLZ Mondelez International Inc. Class A | 0.27% | 22,431 | $1.3M | Reduce -30.8% |
| BATRA Atlanta Braves Holdings in-A | 0.26% | 31,847 | $1.3M | No change |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.24% | 166,538 | $1.2M | Reduce -1.8% |
| INFY Infosys Ltd.-SP ADR | 0.24% | 55,000 | $1.2M | Reduce -4.3% |
| PH Parker Hannifin Corp. | 0.23% | 1,847 | $1.2M | No change |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 0.22% | 59,400 | $1.1M | Add +84.3% |
| ARES ACQUISITION CORP II | 0.22% | 100,000 | $1.1M | No change |
| IBAC Ib Acquisition Corp. | 0.20% | 100,000 | $1.0M | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.20% | 13,650 | $1.0M | No change |
| ALF Centurion Acquisition Corp. | 0.20% | 100,000 | $1.0M | No change |
| CUB Lionheart Holdings Class A | 0.20% | 100,000 | $1.0M | No change |
| TONT Graf Global Corp. Class A | 0.20% | 100,000 | $1.0M | No change |
| MACI Melar Acquisition Corp. I-A | 0.20% | 100,000 | $1.0M | No change |
| VCIC Vine Hill Capital Class A | 0.20% | 100,000 | $1.0M | No change |
| SIMA Sim Acquisition Corp. I-A | 0.20% | 100,000 | $1.0M | No change |
| VACH Voyager Acquisition Corp. | 0.20% | 100,000 | $1.0M | No change |
| CCIR Cohen Circle Acquisitio Class A | 0.20% | 99,900 | $998K | New |
| IBB iShares Biotechnology ETF | 0.20% | 7,500 | $992K | No change |
| RSG Republic Services Inc. | 0.19% | 4,700 | $946K | No change |
| IBN Icici Bank Ltd.-Spon ADR | 0.19% | 31,500 | $941K | Reduce -3.1% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.18% | 16,300 | $927K | Reduce -15.5% |
| CVX Chevron Corp. | 0.18% | 6,381 | $924K | Reduce -3.0% |
| CDNS Cadence Design SYS Inc. | 0.18% | 3,000 | $901K | No change |
| VNM Vaneck Vietnam ETF | 0.17% | 76,000 | $872K | Reduce -27.3% |
| MCK McKesson Corp. | 0.17% | 1,500 | $855K | No change |
| SMH Vaneck Semiconductor ETF | 0.17% | 3,500 | $848K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.17% | 1,651 | $844K | Reduce -20.7% |
| PBR Petroleo Brasileiro-Spon ADR | 0.17% | 65,000 | $836K | No change |
| INDA iShares MSCI India ETF | 0.16% | 15,300 | $805K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.16% | 7,158 | $797K | Reduce -31.6% |
| GPRK Geopark Ltd. | 0.16% | 85,500 | $793K | Reduce -35.1% |
| CCIX Churchill Capital Corp. Ix | 0.15% | 75,300 | $776K | No change |
| AXIAY Axia Energia-ADR filed as CENTRAIS ELETRICAS BRASILEIR | 0.14% | 120,500 | $689K | Add +0.4% |
| GTX Garrett Motion Inc. | 0.13% | 75,000 | $677K | No change |
| QXO Qxo Inc. | 0.13% | 42,000 | $668K | Add +320.0% |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.13% | 63,150 | $635K | No change |
| AUNA Auna SA Class A | 0.12% | 88,500 | $607K | Reduce -35.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $217K (not counted above)
Total filed on the 13F, all lines: $505.5M.
Portfolio Sells Q3 2024 → Q4 2024
| CZR Caesars Entertainment Inc. | Reduce -72.1% | 0.77% | −2.66 |
| UBER Uber Technologies Inc. | Reduce -27.2% | 3.22% | −2.27 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -47.9% | 1.02% | −0.89 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.58 |
| AR Antero Resources Corp. | Sold out | 0.00% | −0.55 |
| CPA Copa Holdings SA Class A | Reduce -21.4% | 1.48% | −0.53 |
| MRVL Marvell Technology Inc. | Reduce -54.5% | 1.21% | −0.52 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.46 |
| COP Conocophillips | Sold out | 0.00% | −0.35 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.29 |
| TBMC Trailblazer Merger Corp. I | Sold out | 0.00% | −0.24 |
| ESHA Esh Acquisition Corp. Class A | Sold out | 0.00% | −0.21 |
| MDLZ Mondelez International Inc. Class A | Reduce -30.8% | 0.27% | −0.21 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Sold out | 0.00% | −0.20 |
| XLV SS Health Care Select Sector | Reduce -6.4% | 0.99% | −0.19 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -5.0% | 0.88% | −0.18 |
| MSFT Microsoft Corp. | Reduce -1.2% | 5.72% | −0.17 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.17 |
| CFFS CF Acquisition Corp. Vii Class A | Sold out | 0.00% | −0.13 |
| HD Home Depot Inc. | Reduce -2.4% | 1.83% | −0.12 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.12 |
| SPLV Invesco S&P 500 Low Volatili | Sold out | 0.00% | −0.11 |
| INTC Intel Corp. | Sold out | 0.00% | −0.11 |
| MAR Marriott International Class A | Sold out | 0.00% | −0.11 |
| USAR USA Rare Earth Inc. | Sold out | 0.00% | −0.11 |
| VNM Vaneck Vietnam ETF | Reduce -27.3% | 0.17% | −0.09 |
| LUMENT FINANCE TRUST INC | Reduce -43.0% | 0.12% | −0.08 |
| CSANY Cosan SA -ADR | Sold out | 0.00% | −0.08 |
| BABA Alibaba Group Holding-SP ADR | Reduce -42.8% | 0.07% | −0.08 |
| AAPL Apple Inc. | Reduce -11.9% | 1.42% | −0.08 |
| XLI SS Industrial Select Sector | Reduce -16.9% | 0.32% | −0.07 |
| ILMN Illumina Inc. | Reduce -40.0% | 0.12% | −0.07 |
| AUNA Auna SA Class A | Reduce -35.0% | 0.12% | −0.07 |
| HLLY Holley Inc. | Sold out | 0.00% | −0.06 |
| BIDU Baidu Inc. - Spon ADR | Reduce -39.1% | 0.06% | −0.06 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.06 |
| ARCO Arcos Dorados Holdings Inc. Class A | Reduce -1.8% | 0.24% | −0.05 |
| KB KB Financial Group Inc.-ADR | Reduce -15.5% | 0.18% | −0.05 |
| TLK Telkom Indonesia Persero-ADR | Sold out | 0.00% | −0.05 |
| GPRK Geopark Ltd. | Reduce -35.1% | 0.16% | −0.05 |
| SCCO Southern Copper Corp. | Sold out | 0.00% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -40.3% | 0.09% | −0.04 |
| GXO Gxo Logistics Inc. | Sold out | 0.00% | −0.04 |
| ASHR Xtrackers Harvest Csi 300 CH | Sold out | 0.00% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -15.9% | 7.04% | −0.04 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.04 |
| DIS The Walt Disney Co. | Reduce -31.6% | 0.16% | −0.04 |
| PM Philip Morris International | Reduce -2.4% | 1.14% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -20.7% | 0.17% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| ON On Semiconductor | New | 1.26% | +1.26 |
| XYZ Block Inc. | New | 0.98% | +0.98 |
| IBIT iShares Bitcoin Trust ETF | Add +2.4% | 2.61% | +0.88 |
| MU Micron Technology Inc. | Add +135.0% | 1.18% | +0.56 |
| SMLR Semler Scientific Inc. | New | 0.49% | +0.49 |
| WMT Walmart Inc. | Add +12.0% | 1.92% | +0.39 |
| IGV iShares Expanded Tech-Softwa | New | 0.37% | +0.37 |
| URA Global X Uranium ETF | New | 0.32% | +0.32 |
| LPBB Launch Two Acquisition Class A | New | 0.30% | +0.30 |
| RSP Invesco S&P 500 Equal Weight | New | 0.29% | +0.29 |
| DELL Dell Technologies -C | Add +55.6% | 0.85% | +0.29 |
| PSTX Poseida Therapeutics Inc. | New | 0.28% | +0.28 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.28% | +0.28 |
| ACGL Arch Capital Group Ltd. | New | 0.27% | +0.27 |
| SHW The Sherwin-Williams Co. | New | 0.27% | +0.27 |
| CCIR Cohen Circle Acquisitio Class A | New | 0.20% | +0.20 |
| BBAR Bbva Argentina SA-ADR | Add +84.3% | 0.22% | +0.16 |
| AMGN Amgen Inc. | New | 0.11% | +0.11 |
| ROP Roper Technologies Inc. | New | 0.10% | +0.10 |
| AEROVATE THERAPEUTICS INC | New | 0.10% | +0.10 |
| QXO Qxo Inc. | Add +320.0% | 0.13% | +0.10 |
| MLACU Mountain Lake Acquisition Co. | New | 0.10% | +0.10 |
| RANGU Range Capital Acquisition Co. | New | 0.10% | +0.10 |
| ALDF Aldel Financial II Inc. | New | 0.10% | +0.10 |
| BEAG Bold Eagle Acquisition Cor-A | New | 0.10% | +0.10 |
| EFX Equifax Inc. | New | 0.10% | +0.10 |
| GPN Global Payments Inc. | New | 0.10% | +0.10 |
| FIX Comfort Systems USA Inc. | New | 0.08% | +0.08 |
| SIMO Silicon Motion Technol-ADR | New | 0.08% | +0.08 |
| JACS.U Jackson Acquisition Co. II | New | 0.08% | +0.08 |
| TDG Transdigm Group Inc. | Add +49.0% | 0.31% | +0.08 |
| YPF YPF S.A.-Sponsored ADR | Add +42.1% | 0.11% | +0.07 |
| RVNC Revance Therapeutics Inc. | New | 0.06% | +0.06 |
| GGAL Grupo Financiero Galicia-ADR | New | 0.05% | +0.05 |
| CPNG Coupang Inc. | New | 0.05% | +0.05 |
| SLV iShares Silver Trust | Add +19.2% | 0.50% | +0.05 |
| KRON Kronos Bio Inc. | New | 0.04% | +0.04 |
| EMBJ Embraer SA-Spon ADR | Add +1.6% | 0.69% | +0.04 |
| BAP Credicorp Ltd. | Add +64.3% | 0.08% | +0.03 |
| EYPT Eyepoint Inc. | New | 0.03% | +0.03 |
| PVLA Palvella Therapeutics Inc. | New | 0.03% | +0.03 |
| STCN Steel Connect Inc. | New | 0.03% | +0.03 |
| DKNG Draftkings Inc. Class A | Add +7.0% | 1.44% | +0.03 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +73.7% | 0.11% | +0.03 |
| MTB M & T Bank Corp. | Add +33.3% | 0.07% | +0.02 |
| MRNS Marinus Pharmaceuticals Inc. | New | 0.02% | +0.02 |
| QCOM Qualcomm Inc. | Add +13.9% | 0.35% | +0.01 |
| AXIAY Axia Energia-ADR | Add +0.4% | 0.14% | −0.03 |
| OCUL Ocular Therapeutix Inc. | Add +0.6% | 4.42% | −0.04 |
| MELI MercadoLibre Inc. | Add +7.7% | 0.47% | −0.05 |
Notes & Other Activity Q3 2024 → Q4 2024
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | New | 2,500 | $216K |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | Sold out | 31,575 | $5Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 258 | $677.0M | GOOGL, AMZN, NVDA, AVGO, DASH |
| Q1 2026 | 230 | $545.3M | GOOGL, AMZN, AVGO, NVDA, MSFT |
| Q4 2025 | 213 | $603.0M | GOOGL, AVGO, AMZN, MSFT, NVDA |
| Q3 2025 | 202 | $606.1M | GOOGL, AMZN, OCUL, MSFT, NVDA |
| Q2 2025 | 186 | $560.5M | GOOGL, AMZN, MSFT, AVGO, OCUL |
| Q1 2025 | 161 | $465.0M | GOOGL, AMZN, MSFT, OCUL, AVGO |
| Q4 2024 | 159 | $505.3M | GOOGL, AMZN, MSFT, AVGO, OCUL |
| Q3 2024 | 153 | $507.1M | AMZN, GOOGL, MSFT, UBER, OCUL |
| Q2 2024 | 152 | $522.8M | GOOGL, AMZN, MSFT, UBER, NVDA |
| Q1 2024 | 152 | $507.0M | AMZN, GOOGL, MSFT, UBER, OCUL |