Garda Capital Partners LP In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Garda Capital Partners LP reported 23 stock positions worth $213.8 million . Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 37.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 35.6% ) and Vaneck Gold Miners ETF (GDX, 14.8% ). Compared with Q4 2023, it opened 13 new positions, sold out of 46, added to 4 and reduced 6. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +225% ) and the biggest sale an exit from Vaneck Junior Gold Miners (GDXJ).
Location WAYZATA, MN
CIK 0001666905
Portfolio Value $213.8M (Q1 2024) Holdings 23 stocks · $213.8M 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 2023 SPY SS SPDR S&P 500 ETF Trust-US 153,174 $80.1M Add +134.8% QQQ Invesco QQQ Trust Series 1 171,443 $76.1M Add +225.1% GDX Vaneck Gold Miners ETF 1,000,000 $31.6M New AAPL Apple Inc. 36,665 $6.3M Reduce -21.1% EWZ iShares MSCI Brazil ETF 84,150 $2.7M New BA The Boeing Co. 11,542 $2.2M New XLB SS Materials Select Sector 18,447 $1.7M Reduce -27.8% IWM iShares Russell 2000 ETF 7,668 $1.6M Reduce -82.3% ZS Zscaler Inc. 8,253 $1.6M New TEAM Atlassian Corp. Class A 7,458 $1.5M New TSLA Tesla Inc. 7,879 $1.4M Add +374.4% XLY SS Consumer Disc Select Sect 7,403 $1.4M Reduce -77.6% CMCSA Comcast Corp. Class A 22,800 $988K Reduce -38.5% PDD PDD Holdings Inc. 8,121 $944K New ON On Semiconductor 10,556 $776K New HUM Humana Inc. 2,036 $706K New LLY Eli Lilly & Co. 529 $412K New NKE Nike Inc. Class B 4,202 $395K New BIIB Biogen Inc. 1,579 $340K Reduce -10.3% ZTS Zoetis Inc. 1,904 $322K New CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 3,793 $316K Add +3.4% APD Air Products & Chemicals Inc. 990 $240K New WBD Warner Bros Discovery Inc. 10,300 $90K New
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T calls ($117.7M), VANECK ETF TRUST calls ($47.0M), NETFLIX INC. puts ($34.9M), TESLA INC calls ($31.9M), ISHARES TR puts ($30.5M), APPLE INC puts ($29.1M), APPLE INC calls ($29.0M), NETFLIX INC. calls ($28.8M), SPDR SERIES TRUST puts ($27.7M), SPDR SERIES TRUST calls ($22.7M), INVESCO QQQ TR calls ($22.2M), RTX CORPORATION puts ($21.4M), and 348 more.
Portfolio Sells Q4 2023 → Q1 2024 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 2023 % Of Portfolio Change To Portfolio ▲ GDXJ Vaneck Junior Gold Miners Sold out 0.00% −19.99 XLI SS Industrial Select Sector Sold out 0.00% −4.62 KBE SS SPDR S&P Bank ETF Sold out 0.00% −3.76 IWM iShares Russell 2000 ETF Reduce -82.3% 0.75% −3.66 IYR iShares US Real Estate ETF Sold out 0.00% −3.08 ARKK ARK Innovation ETF Sold out 0.00% −2.77 XLY SS Consumer Disc Select Sect Reduce -77.6% 0.64% −2.36 XLV SS Health Care Select Sector Sold out 0.00% −2.26 XLC SS Comm Select Sector SPDR Sold out 0.00% −2.16 XOM Exxon Mobil Corp. Sold out 0.00% −1.82 SMH Vaneck Semiconductor ETF Sold out 0.00% −1.81 MSFT Microsoft Corp. Sold out 0.00% −1.79 OIH Vaneck Oil Services ETF Sold out 0.00% −1.68 AAPL Apple Inc. Reduce -21.1% 2.94% −1.61 OXY Occidental Petroleum Corp. Sold out 0.00% −1.13 AMZN Amazon.com Inc. Sold out 0.00% −1.07 CTRA Coterra Energy Inc. Sold out 0.00% −0.82 HYG Ishr Ibx Usd Hiyld CB ETF-Ui Sold out 0.00% −0.71 JNJ Johnson & Johnson Sold out 0.00% −0.62 CVX Chevron Corp. Sold out 0.00% −0.60 TROW T Rowe Price Group Inc. Sold out 0.00% −0.57 ATO Atmos Energy Corp. Sold out 0.00% −0.53 DVN Devon Energy Corp. Sold out 0.00% −0.52 VICI Vici Properties Inc. Sold out 0.00% −0.51 MRVL Marvell Technology Inc. Sold out 0.00% −0.47 SLB SLB Ltd. Sold out 0.00% −0.41 DFS Discover Financial Services Sold out 0.00% −0.37 CMCSA Comcast Corp. Class A Reduce -38.5% 0.46% −0.36 ES Eversource Energy Sold out 0.00% −0.36 PYPL PayPal Holdings Inc. Sold out 0.00% −0.33 GEHC GE Healthcare Technology Sold out 0.00% −0.33 EQT Eqt Corp. Sold out 0.00% −0.32 XLB SS Materials Select Sector Reduce -27.8% 0.80% −0.31 UTHR United Therapeutics Corp. Sold out 0.00% −0.28 FLG New York Community Bancorp Sold out 0.00% −0.27 KR Kroger Co. Sold out 0.00% −0.25 HAL Halliburton Co. Sold out 0.00% −0.24 UNH Unitedhealth Group Inc. Sold out 0.00% −0.23 EOG EOG Resources Inc. Sold out 0.00% −0.22 MCHP Microchip Technology Inc. Sold out 0.00% −0.21 CNP Centerpoint Energy Inc. Sold out 0.00% −0.19 CSCO Cisco Systems Inc. Sold out 0.00% −0.18 AWK American Water Works Co. Inc. Sold out 0.00% −0.16 HPQ HP Inc. Sold out 0.00% −0.16 CPT Camden Property Trust Sold out 0.00% −0.16 WMT Walmart Inc. Sold out 0.00% −0.15 PFG Principal Financial Group Sold out 0.00% −0.14 GM General Motors Co. Sold out 0.00% −0.14 DHR Danaher Corp. Sold out 0.00% −0.13 PCG P G & E Corp. Sold out 0.00% −0.13
Portfolio Buys Q4 2023 → Q1 2024 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 2023 % Of Portfolio Change To Portfolio ▼ QQQ Invesco QQQ Trust Series 1 Add +225.1% 35.61% +24.62 SPY SS SPDR S&P 500 ETF Trust-US Add +134.8% 37.48% +21.70 GDX Vaneck Gold Miners ETF New 14.79% +14.79 EWZ iShares MSCI Brazil ETF New 1.28% +1.28 BA The Boeing Co. New 1.04% +1.04 ZS Zscaler Inc. New 0.74% +0.74 TEAM Atlassian Corp. Class A New 0.68% +0.68 PDD PDD Holdings Inc. New 0.44% +0.44 TSLA Tesla Inc. Add +374.4% 0.65% +0.44 ON On Semiconductor New 0.36% +0.36 HUM Humana Inc. New 0.33% +0.33 LLY Eli Lilly & Co. New 0.19% +0.19 NKE Nike Inc. Class B New 0.18% +0.18 ZTS Zoetis Inc. New 0.15% +0.15 APD Air Products & Chemicals Inc. New 0.11% +0.11 WBD Warner Bros Discovery Inc. New 0.04% +0.04 CF CF Industries Holdings Inc. Add +3.4% 0.15% −0.00
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ STATE STR SPDR S&P 500 ETF T call Add +429.4% 225,000 $117.7M VANECK ETF TRUST call Reduce -27.4% 209,100 $47.0M NETFLIX INC. put Add +1177.8% 57,500 $34.9M TESLA INC call Add +365.4% 181,500 $31.9M ISHARES TR put Add +123.2% 145,100 $30.5M APPLE INC put Add +14.5% 169,500 $29.1M APPLE INC call Add +206.9% 169,400 $29.0M NETFLIX INC. call Add +578.6% 47,500 $28.8M SPDR SERIES TRUST put New 179,000 $27.7M SPDR SERIES TRUST call New 146,300 $22.7M INVESCO QQQ TR call Add +44.9% 50,000 $22.2M RTX CORPORATION put Add +8680.0% 219,500 $21.4M TESLA INC put Add +296.4% 120,500 $21.2M STRYKER CORPORATION call Add +3613.3% 55,700 $19.9M RTX CORPORATION call Add +7840.0% 198,500 $19.4M NVIDIA CORPORATION put Add +226.2% 21,200 $19.2M AMAZON COM INC call Add +556.3% 105,000 $18.9M AMAZON COM INC put Add +4.6% 105,000 $18.9M INVESCO QQQ TR put Add +23.2% 42,500 $18.9M NORTHROP GRUMMAN CORP put New 39,200 $18.8M ORACLE CORP call New 146,900 $18.5M OCCIDENTAL PETE CORP put Add +286.7% 278,400 $18.1M SCHWAB CHARLES CORP call Add +769.5% 247,800 $17.9M SCHWAB CHARLES CORP put Add +768.1% 247,400 $17.9M SELECT SECTOR SPDR TR call New 256,700 $17.8M SELECT SECTOR SPDR TR put New 256,700 $17.8M STATE STR SPDR S&P 500 ETF T put Reduce -59.5% 34,000 $17.8M OCCIDENTAL PETE CORP call Add +794.1% 272,700 $17.7M ORACLE CORP put New 139,900 $17.6M 3M CO call Add +2096.0% 164,700 $17.5M JPMORGAN CHASE & CO put Sold out 100,800 $17.1Mbefore exit 3M CO put Add +1953.8% 160,200 $17.0M NUCOR CORP put Add +510.7% 85,500 $16.9M THE CIGNA GROUP put New 46,400 $16.9M ISHARES TR call New 80,100 $16.8M NUCOR CORP call Add +168.1% 85,000 $16.8M THE CIGNA GROUP call New 46,200 $16.8M STRYKER CORPORATION put Add +2625.0% 43,600 $15.6M PROCTER & GAMBLE CO call New 92,500 $15.0M PROCTER & GAMBLE CO put New 92,500 $15.0M DIAMONDBACK ENERGY INC call Add +1333.3% 73,100 $14.5M MARTIN MARIETTA MATLS INC call New 22,800 $14.0M DIAMONDBACK ENERGY INC put Add +1300.0% 68,600 $13.6M FORD MTR CO put New 1,021,000 $13.6M FORD MTR CO call Add +331.7% 1,021,000 $13.6M SELECT SECTOR SPDR TR call New 106,000 $13.4M SELECT SECTOR SPDR TR put New 106,000 $13.4M AUTOMATIC DATA PROCESSING IN call Add +5130.0% 52,300 $13.1M SPDR SERIES TRUST put Add +65.8% 215,600 $13.0M SPDR SERIES TRUST call Add +64.2% 213,500 $12.9M
Showing the first 50 of 539.
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 7 $140.8M IVV, BKLN, ILF, EWZ, AMZN Q1 2026 3 $38.9M IBIT, AMZN, BITB Q4 2025 1 $1.7M ILF Q3 2025 0 $0 Q2 2025 56 $352.7M SPY, GDX, QQQ, BRK.B, KRE Q1 2025 105 $178.3M AVGO, DDOG, XRT, XLC, XLK Q4 2024 33 $124.2M SPY, KWEB, PDD, IWM, F Q3 2024 49 $401.4M SPY, QQQ, SLB, OXY, F Q2 2024 51 $186.5M SPY, QQQ, GDX, PPG, NUE Q1 2024 23 $213.8M SPY, QQQ, GDX, AAPL, EWZ