Greenland Capital Management LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Greenland Capital Management LP reported 200 stock positions worth $564.8 million. Its top holding was Discover Financial Services (DFS) at 3.9% of the portfolio, followed by Hess (HES, 3.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 2.4%). Compared with Q4 2024, it opened 91 new positions, sold out of 118, added to 64 and reduced 44. The biggest buy was Discover Financial Services (DFS, shares +145%) and the biggest sale an exit from DTE Energy (DTE).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001896430
- Portfolio Value
- $564.8M (Q1 2025)
- SEC Filing
- 0001896430-25-000004 ↗ filed May 12, 2025
Holdings Value
Holdings 200 stocks · $564.8M
| DFS Discover Financial Services | 3.86% | 127,825 | $21.8M | Add +145.1% |
| HES Hess Corp. | 3.00% | 105,986 | $16.9M | Reduce -7.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.40% | 24,278 | $13.6M | Add +119.5% |
| ADP Automatic Data Processing | 2.31% | 42,763 | $13.1M | Reduce -33.5% |
| SO The Southern Co. | 2.27% | 139,610 | $12.8M | Add +303.5% |
| ETR Entergy Corp. | 2.17% | 143,308 | $12.3M | Add +96.2% |
| DUK Duke Energy Corp. | 2.04% | 94,260 | $11.5M | Reduce -15.3% |
| FTS Fortis Inc. | 1.72% | 213,690 | $9.7M | Add +106.2% |
| LNT Alliant Energy Corp. | 1.58% | 138,482 | $8.9M | Reduce -31.0% |
| EXC Exelon Corp. | 1.55% | 189,518 | $8.7M | Reduce -22.1% |
| EXR Extra Space Storage Inc. | 1.45% | 55,323 | $8.2M | Add +411.5% |
| CPT Camden Property Trust | 1.43% | 65,887 | $8.1M | New |
| LBRDK Liberty Broadband-C | 1.39% | 92,071 | $7.8M | New |
| META Meta Platforms Inc. Class A | 1.34% | 13,155 | $7.6M | Add +344.7% |
| WTRG Essential Utilities Inc. | 1.27% | 182,020 | $7.2M | Reduce -20.5% |
| BRSP Brightspire Capital Inc. | 1.26% | 1,285,000 | $7.1M | Add +20.1% |
| COLD Americold Realty Trust Inc. | 1.20% | 315,306 | $6.8M | Add +2058.4% |
| CBRE CBRE Group Inc. Class A | 1.17% | 50,636 | $6.6M | Add +336.5% |
| AMZN Amazon.com Inc. | 1.14% | 33,965 | $6.5M | Add +39.3% |
| AEE Ameren Corporation | 1.12% | 63,263 | $6.4M | New |
| CMS CMS Energy Corp. | 1.11% | 83,480 | $6.3M | New |
| HIW Highwoods Properties Inc. | 1.07% | 204,377 | $6.1M | New |
| ORCL Oracle Corp. | 1.03% | 41,693 | $5.8M | Reduce -7.0% |
| DOC Healthpeak Properties Inc. | 0.95% | 265,763 | $5.4M | Add +228.3% |
| STX Seagate Technology Holdings | 0.95% | 63,073 | $5.4M | Reduce -15.0% |
| QCOM Qualcomm Inc. | 0.95% | 34,791 | $5.3M | New |
| ADC Agree Realty Corp. | 0.93% | 68,363 | $5.3M | Add +877.2% |
| SMH Vaneck Semiconductor ETF | 0.93% | 24,751 | $5.2M | New |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.91% | 71,896 | $5.1M | New |
| DEI Douglas Emmett Inc. | 0.87% | 308,659 | $4.9M | Add +14.0% |
| LXP LXP Industrial Trust | 0.87% | 570,156 | $4.9M | Add +468.3% |
| V Visa Inc. Class A | 0.86% | 13,911 | $4.9M | New |
| REG Regency Centers Corp. | 0.85% | 65,126 | $4.8M | New |
| ELS Equity Lifestyle Properties | 0.84% | 71,164 | $4.7M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.83% | 28,134 | $4.7M | Reduce -33.2% |
| PEG Public Service Enterprise GP | 0.82% | 56,025 | $4.6M | New |
| TRNO Terreno Realty Corp. | 0.80% | 71,697 | $4.5M | Add +1641.1% |
| AHR American Healthcare REIT Inc. | 0.78% | 145,000 | $4.4M | Add +81.3% |
| PNW Pinnacle West Capital | 0.77% | 45,450 | $4.3M | New |
| ASML ASML Holding NV-NY Reg SHS | 0.77% | 6,522 | $4.3M | Reduce -47.9% |
| KLAC KLA Corp. | 0.74% | 6,166 | $4.2M | Reduce -74.5% |
| GLPI Gaming and Leisure Propertie | 0.73% | 81,333 | $4.1M | New |
| K Kellanova | 0.72% | 49,639 | $4.1M | Add +42.0% |
| BNL Broadstone Net Lease Inc. | 0.72% | 238,966 | $4.1M | Add +1250.4% |
| LTH Life Time Group Holdings Inc. | 0.71% | 133,372 | $4.0M | New |
| SPG Simon Property Group Inc. | 0.71% | 24,134 | $4.0M | New |
| SPGI S&P Global Inc. | 0.71% | 7,853 | $4.0M | New |
| T AT&T Inc. | 0.70% | 140,151 | $4.0M | Reduce -66.7% |
| ARE Alexandria Real Estate Equit | 0.69% | 41,906 | $3.9M | New |
| BATRK Atlanta Braves Holdings in-C | 0.69% | 96,761 | $3.9M | Add +273.9% |
| D Dominion Energy Inc. | 0.68% | 68,377 | $3.8M | New |
| BBY Best Buy Co. Inc. | 0.68% | 51,923 | $3.8M | New |
| CAL Caleres Inc. | 0.67% | 219,701 | $3.8M | Add +575.4% |
| MELI MercadoLibre Inc. | 0.67% | 1,933 | $3.8M | Reduce -14.2% |
| GFS Globalfoundries Inc. | 0.66% | 101,565 | $3.7M | Reduce -35.8% |
| NFLX Netflix Inc. | 0.66% | 4,016 | $3.7M | Add +599.6% |
| SE Sea Ltd.-ADR | 0.66% | 28,695 | $3.7M | Add +532.8% |
| GOOGL Alphabet Inc. Class A | 0.66% | 24,208 | $3.7M | Reduce -43.9% |
| NSA National Storage Affiliates | 0.66% | 94,737 | $3.7M | New |
| WPC WP Carey Inc. | 0.66% | 59,024 | $3.7M | New |
| STAG Stag Industrial Inc. | 0.61% | 95,688 | $3.5M | New |
| INVH Invitation Homes Inc. | 0.58% | 94,012 | $3.3M | New |
| CAKE The Cheesecake Factory Inc. | 0.57% | 66,662 | $3.2M | Add +31.4% |
| ANSS Ansys Inc. | 0.57% | 10,196 | $3.2M | Add +28.0% |
| BECN Beacon Roofing Supply Inc. | 0.57% | 25,939 | $3.2M | New |
| ITCI Intra-Cellular Therapies Inc. | 0.57% | 24,224 | $3.2M | New |
| OGS One Gas Inc. | 0.53% | 39,896 | $3.0M | Add +79.0% |
| BAM Brookfield Asset Mgmt-A | 0.53% | 61,323 | $3.0M | New |
| AVA Avista Corp. | 0.52% | 69,840 | $2.9M | Add +391.8% |
| EVRG Evergy Inc. | 0.51% | 41,479 | $2.9M | Reduce -77.4% |
| WELL Welltower Inc. | 0.50% | 18,454 | $2.8M | New |
| JNPR Juniper Networks Inc. | 0.49% | 76,808 | $2.8M | Reduce -35.9% |
| DEA Easterly Govt Pptys Inc. | 0.49% | 261,022 | $2.8M | New |
| XOP SS SPDR S&P Og Exp & Prod | 0.48% | 20,470 | $2.7M | New |
| TRI Thomson Reuters Corp. | 0.47% | 15,447 | $2.7M | New |
| PLAY Dave & Buster's Entertainmen | 0.46% | 149,271 | $2.6M | New |
| CRH CRH PLC | 0.44% | 28,370 | $2.5M | Add +18.5% |
| BIRK Birkenstock Holding PLC | 0.43% | 53,543 | $2.5M | Add +245.0% |
| KIM Kimco Realty Corp. | 0.43% | 113,690 | $2.4M | New |
| IVT Inventrust Properties Corp. | 0.42% | 81,408 | $2.4M | Add +95.7% |
| BKNG Booking Holdings Inc. | 0.41% | 508 | $2.3M | Reduce -71.5% |
| SRE Sempra | 0.40% | 31,760 | $2.3M | Reduce -51.9% |
| DG Dollar General Corp. | 0.40% | 25,678 | $2.3M | New |
| CDP Copt Defense Properties | 0.39% | 81,192 | $2.2M | New |
| HUDSON PAC PPTYS INC | 0.39% | 746,450 | $2.2M | Add +646.5% |
| PECO Phillips Edison & Company Inc. | 0.39% | 60,192 | $2.2M | New |
| AMT American Tower Corp. | 0.39% | 10,031 | $2.2M | New |
| IRT Independence Realty Trust Inc. | 0.38% | 102,135 | $2.2M | Add +345.9% |
| VST Vistra Corp. | 0.37% | 18,000 | $2.1M | Add +111.8% |
| GAP The Gap Inc. | 0.37% | 101,437 | $2.1M | Add +90.5% |
| WM Waste Management Inc. | 0.37% | 9,000 | $2.1M | Reduce -52.7% |
| COOP Mr Cooper Group Inc. | 0.36% | 17,000 | $2.0M | Reduce -22.7% |
| OGE Oge Energy Corp. | 0.36% | 43,790 | $2.0M | Reduce -24.3% |
| FWONK Liberty Media Corp. Class C | 0.35% | 21,850 | $2.0M | New |
| NWSA News Corp. Class A | 0.35% | 72,227 | $2.0M | Add +99.3% |
| LLYVA Liberty Media Corp.-Liberty-A | 0.35% | 29,128 | $2.0M | Add +273.9% |
| FISV Fiserv Inc. | 0.35% | 8,859 | $2.0M | Reduce -8.9% |
| SR Spire Inc. | 0.34% | 24,440 | $1.9M | Add +178.4% |
| SHAK Shake Shack Inc. Class A | 0.33% | 21,354 | $1.9M | New |
| MTCH Match Group Inc. | 0.33% | 59,083 | $1.8M | New |
| AVGO Broadcom Inc. | 0.33% | 10,998 | $1.8M | Reduce -29.1% |
| FIS Fidelity National Info Serv | 0.32% | 24,406 | $1.8M | New |
| EXPE Expedia Group Inc. | 0.32% | 10,835 | $1.8M | Add +4.0% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.32% | 13,987 | $1.8M | Reduce -41.7% |
| FYBR Frontier Communications Pare | 0.31% | 49,525 | $1.8M | Add +273.5% |
| CHX Championx Corp. | 0.31% | 59,213 | $1.8M | Reduce -51.5% |
| NXST Nexstar Media Group Inc. | 0.31% | 9,845 | $1.8M | New |
| WSR Whitestone REIT | 0.31% | 119,000 | $1.7M | Add +48.8% |
| CPNG Coupang Inc. | 0.30% | 77,787 | $1.7M | Add +241.6% |
| AGNC AGNC Investment Corp. | 0.29% | 170,000 | $1.6M | Add +70.0% |
| GBDC Golub Capital BDC Inc. | 0.28% | 106,000 | $1.6M | Add +37.7% |
| KMX Carmax Inc. | 0.28% | 20,446 | $1.6M | New |
| AVT Avnet Inc. | 0.28% | 32,970 | $1.6M | New |
| ARW Arrow Electronics Inc. | 0.28% | 15,039 | $1.6M | New |
| WU Western Union Co. | 0.28% | 147,150 | $1.6M | New |
| SWKS Skyworks Solutions Inc. | 0.27% | 23,474 | $1.5M | New |
| TRIP Tripadvisor Inc. | 0.27% | 106,417 | $1.5M | Add +200.7% |
| PLYM Plymouth Industrial REIT Inc. | 0.26% | 91,149 | $1.5M | New |
| INTC Intel Corp. | 0.26% | 64,604 | $1.5M | New |
| NFG National Fuel Gas Co. | 0.25% | 18,000 | $1.4M | New |
| CURB Curbline Properties Corp. | 0.25% | 57,878 | $1.4M | Add +457.5% |
| ON On Semiconductor | 0.25% | 34,362 | $1.4M | Reduce -68.9% |
| VRE Veris Residential Inc. | 0.25% | 82,560 | $1.4M | New |
| IWM iShares Russell 2000 ETF | 0.23% | 6,503 | $1.3M | Add +317.7% |
| AES AES Corp. | 0.23% | 104,250 | $1.3M | Add +554.7% |
| ESRT Empire State Realty Trust-A | 0.22% | 158,995 | $1.2M | Add +18.5% |
| FBRT Franklin BSP Realty Trust Inc. | 0.22% | 96,000 | $1.2M | Reduce -11.1% |
| FDUS Fidus Investment Corp. | 0.21% | 58,700 | $1.2M | Add +56.5% |
| PYCR Paycor HCM Inc. | 0.20% | 51,218 | $1.1M | New |
| EQIX Equinix Inc. | 0.20% | 1,409 | $1.1M | Add +217.3% |
| CGBD Carlyle Secured Lending Inc. | 0.20% | 70,000 | $1.1M | Add +115.4% |
| DASH DoorDash Inc. Class A | 0.20% | 6,196 | $1.1M | Add +48.7% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.20% | 33,567 | $1.1M | New |
| SHOP Shopify Inc. Class A | 0.18% | 10,902 | $1.0M | New |
| SHO Sunstone Hotel Investors Inc. | 0.18% | 110,000 | $1.0M | Add +494.6% |
| IPG Interpublic Group of Cos Inc. | 0.18% | 37,598 | $1.0M | New |
| IHS Ihs Holding Ltd. | 0.18% | 192,500 | $1.0M | Add +670.0% |
| XLB SS Materials Select Sector | 0.17% | 11,498 | $989K | Add +192.3% |
| APO Apollo Global Management Inc. | 0.17% | 7,125 | $976K | Add +73.9% |
| EPRT Essential Properties Realty | 0.17% | 29,723 | $970K | Reduce -45.9% |
| MAR Marriott International Class A | 0.17% | 4,000 | $953K | Add +100.0% |
| VRNA Verona Pharma Ltd. | 0.17% | 15,000 | $952K | New |
| ESS Essex Property Trust Inc. | 0.16% | 3,000 | $920K | New |
| BX Blackstone Inc. | 0.16% | 6,506 | $909K | New |
| AHRT Ah Realty Trust Inc. filed as ARMADA HOFFLER PPTYS INC | 0.16% | 117,763 | $884K | New |
| UGI Ugi Corp. | 0.15% | 26,110 | $863K | Add +155.2% |
| KRE SS SPDR S&P Regional Bank | 0.15% | 15,023 | $854K | Reduce -62.7% |
| COIN Coinbase Global Inc. Class A | 0.15% | 4,901 | $844K | Add +347.6% |
| TAC Transalta Corp. | 0.14% | 87,150 | $813K | Add +52.9% |
| VIK Viking Holdings Ltd. | 0.14% | 19,932 | $792K | New |
| CUZ Cousins Properties Inc. | 0.14% | 26,797 | $791K | Add +166.2% |
| IWF iShares Russell 1000 Growth | 0.14% | 2,181 | $788K | New |
| FPI Farmland Partners Inc. | 0.13% | 67,791 | $756K | New |
| TRGP Targa Resources Corp. | 0.13% | 3,610 | $724K | Reduce -14.9% |
| KMI Kinder Morgan Inc. | 0.12% | 24,090 | $687K | New |
| TOL Toll Brothers Inc. | 0.12% | 6,400 | $676K | New |
| LQDA Liquidia Corp. | 0.12% | 45,000 | $664K | Reduce -10.0% |
| BROS Dutch Bros Inc. Class A | 0.11% | 9,977 | $616K | Reduce -60.1% |
| SNDK Sandisk Corp. | 0.10% | 12,355 | $588K | Reduce -61.0% |
| BXMT Blackstone Mortgage Tru Class A | 0.10% | 28,627 | $573K | New |
| BSY Bentley Systems Inc. Class B | 0.10% | 14,177 | $558K | New |
| EPR Epr Properties filed as EPR PPTYS | 0.09% | 10,000 | $526K | Reduce -60.5% |
| OPFI Oppfi Inc. | 0.09% | 56,530 | $526K | New |
| DOW Dow Inc. | 0.09% | 15,050 | $526K | Reduce -30.9% |
| CWK Cushman & Wakefield UK Holdc | 0.09% | 51,288 | $524K | Add +146.8% |
| ELME Elme Communities | 0.09% | 29,920 | $521K | New |
| RHP Ryman Hospitality Properties | 0.09% | 5,618 | $514K | Add +87.3% |
| FTI Technipfmc PLC | 0.09% | 15,976 | $506K | New |
| EXEL Exelixis Inc. | 0.09% | 13,000 | $480K | Add +30.0% |
| CRWV Coreweave Inc. Class A | 0.08% | 12,422 | $461K | New |
| RDFN Redfin Corp. | 0.08% | 50,000 | $461K | New |
| ENB Enbridge Inc. | 0.08% | 10,000 | $443K | Reduce -71.8% |
| MPC Marathon Petroleum Corp. | 0.07% | 2,750 | $401K | New |
| BABA Alibaba Group Holding-SP ADR | 0.07% | 3,000 | $397K | New |
| CP Canadian Pacific Kansas City | 0.07% | 5,500 | $386K | New |
| TRTX TPG Re Finance Trust Inc. | 0.06% | 45,000 | $367K | New |
| WH Wyndham Hotels & Resorts Inc. | 0.06% | 4,000 | $362K | Reduce -33.3% |
| HON Honeywell International Inc. | 0.06% | 1,684 | $357K | New |
| IGV iShares Expanded Tech-Softwa | 0.06% | 3,817 | $340K | New |
| MLYS Mineralys Therapeutics Inc. | 0.06% | 20,000 | $318K | New |
| HNRG Hallador Energy Co. | 0.05% | 25,000 | $307K | New |
| BHR Braemar Hotels & Resorts Inc. | 0.05% | 120,000 | $299K | No change |
| RITM Rithm Capital Corp. | 0.05% | 25,000 | $286K | New |
| HOOD Robinhood Markets Inc. Class A | 0.05% | 6,823 | $284K | New |
| ALNY Alnylam Pharmaceuticals Inc. | 0.05% | 1,000 | $270K | Reduce -50.0% |
| BDN Brandywine Realty Trust | 0.05% | 59,483 | $265K | Reduce -18.3% |
| SOFI Sofi Technologies Inc. | 0.05% | 22,120 | $257K | New |
| TRU Transunion | 0.05% | 3,095 | $257K | New |
| VNQ Vanguard Real Estate ETF | 0.04% | 2,755 | $249K | Reduce -46.3% |
| IOT Samsara Inc. Class A | 0.04% | 6,486 | $249K | New |
| CAVA Cava Group Inc. | 0.04% | 2,591 | $224K | New |
| DTM DT Midstream Inc. | 0.04% | 2,210 | $213K | New |
| CEG Constellation Energy | 0.04% | 1,000 | $202K | New |
| VTR Ventas Inc. | 0.04% | 2,930 | $201K | New |
| SNAP Snap Inc. Class A | 0.03% | 21,091 | $184K | New |
| WBA Walgreens Boots Alliance Inc. | 0.03% | 16,336 | $182K | New |
| JBGS JBG Smith Properties | 0.03% | 10,000 | $161K | Reduce -87.6% |
| PARAA Paramount Global Class B | 0.02% | 11,027 | $132K | Reduce -4.8% |
| PACS Pacs Group Inc. | 0.02% | 10,000 | $112K | New |
| DBRG Digitalbridge Group Inc. | 0.02% | 10,000 | $88K | Reduce -50.0% |
Options reported separately and not counted above: SPY puts ($74.4M), SPY calls ($66.4M), MSTR puts ($11.5M), TRI calls ($10.5M), IWM puts ($8.0M), DFS puts ($7.9M), NVDA calls ($5.5M), CVX calls ($4.8M), IYR puts ($4.8M), AES calls ($3.7M), BITO calls ($3.7M), IYR calls ($2.9M), and 57 more.
Other holdings (32): bonds, preferreds, convertibles and warrants · $18.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 4,000,000 | $5.7M | New |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 40,000 | $3.4M | New |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | 1,372,677 | $3.0M | Add +4.7% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 25,000 | $1.5M | New |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 1,000,000 | $1.0M | New |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | 312,500 | $847K | Reduce -10.7% |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | 153,232 | $595K | Add +50.5% |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 187,106 | $567K | New |
| IONQ.WS Ionq Inc. -CW26 | *W EXP 09/30/202 | 27,406 | $304K | Add +3.7% |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | 186,500 | $297K | No change |
| UWM HOLDINGS CORPORATION | *W EXP 01/21/202 | 1,369,324 | $240K | No change |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | 690,119 | $193K | New |
| SKYH.WS Yellowstone Acquisit A -CW25 | *W EXP 01/25/202 | 45,648 | $141K | Add +10.2% |
| AVPTW Avepoint Inc.-CW24 | *W EXP 09/18/202 | 21,248 | $93K | Add +0.9% |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 38,989 | $67K | No change |
| NUVB.WS Nuvation Bio Inc. -CW27 | *W EXP 02/10/202 | 344,660 | $54K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 425,946 | $38K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 703,029 | $38K | No change |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 500,000 | $38K | No change |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 52,938 | $27K | No change |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 99,192 | $13K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 117,048 | $8K | No change |
| LMND.WS Lemonade Inc.-28 | *W EXP 02/09/202 | 125,000 | $8K | No change |
| VFSWW Vinfast Auto Ltd.-28 | *W EXP 08/11/202 | 15,199 | $5K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 86,791 | $5K | No change |
| MLKWF Waldencast Acq Class A -CW27 | *W EXP 07/27/202 | 30,799 | $4K | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 102,782 | $2K | No change |
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 | 37,500 | $2K | No change |
| MOBXW Chavrant Capital Acq -CW23 | *W EXP 12/21/202 | 16,788 | $2K | No change |
| LVRWF Lavoro Ltd.-27 | *W EXP 02/27/202 | 20,000 | $2K | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 48,600 | $1K | No change |
| PIIIW P3 Health Partne -CW27 | *W EXP 11/19/202 | 141,412 | $1K | No change |
Total filed on the 13F, all lines: $583.0M.
Portfolio Sells Q4 2024 → Q1 2025
| DTE DTE Energy Company | Sold out | 0.00% | −2.56 |
| KLAC KLA Corp. | Reduce -74.5% | 0.74% | −2.33 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −1.96 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −1.92 |
| AEP American Electric Power | Sold out | 0.00% | −1.92 |
| EVRG Evergy Inc. | Reduce -77.4% | 0.51% | −1.78 |
| AN Autonation Inc. | Sold out | 0.00% | −1.70 |
| PPL PPL Corp. | Sold out | 0.00% | −1.52 |
| ADP Automatic Data Processing | Reduce -33.5% | 2.31% | −1.49 |
| BKNG Booking Holdings Inc. | Reduce -71.5% | 0.41% | −1.38 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −1.27 |
| T AT&T Inc. | Reduce -66.7% | 0.70% | −1.23 |
| ON On Semiconductor | Reduce -68.9% | 0.25% | −1.16 |
| WDC Western Digital Corp. | Sold out | 0.00% | −1.15 |
| AQN Algonquin Power & Utilities | Sold out | 0.00% | −1.14 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −1.00 |
| GOOGL Alphabet Inc. Class A | Reduce -43.9% | 0.66% | −0.99 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -47.9% | 0.77% | −0.99 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.86 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -33.2% | 0.83% | −0.85 |
| LSCC Lattice Semiconductor Corp. | Sold out | 0.00% | −0.85 |
| LNT Alliant Energy Corp. | Reduce -31.0% | 1.58% | −0.82 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.79 |
| SRE Sempra | Reduce -51.9% | 0.40% | −0.77 |
| GFS Globalfoundries Inc. | Reduce -35.8% | 0.66% | −0.71 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.56 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −0.55 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.50 |
| ASO Academy Sports & Outdoors Inc. | Sold out | 0.00% | −0.50 |
| ORCL Oracle Corp. | Reduce -7.0% | 1.03% | −0.48 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.46 |
| JNPR Juniper Networks Inc. | Reduce -35.9% | 0.49% | −0.42 |
| WM Waste Management Inc. | Reduce -52.7% | 0.37% | −0.41 |
| WTRG Essential Utilities Inc. | Reduce -20.5% | 1.27% | −0.41 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.40 |
| OBDE Blue Owl Capital Corp. III | Sold out | 0.00% | −0.40 |
| AVGO Broadcom Inc. | Reduce -29.1% | 0.33% | −0.40 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.39 |
| DUK Duke Energy Corp. | Reduce -15.3% | 2.04% | −0.39 |
| BKH Black Hills Corp. | Sold out | 0.00% | −0.37 |
| PCG P G & E Corp. | Sold out | 0.00% | −0.37 |
| BRX Brixmor Property Group Inc. | Sold out | 0.00% | −0.36 |
| CHX Championx Corp. | Reduce -51.5% | 0.31% | −0.36 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.35 |
| STX Seagate Technology Holdings | Reduce -15.0% | 0.95% | −0.35 |
| KRE SS SPDR S&P Regional Bank | Reduce -62.7% | 0.15% | −0.34 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.34 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.33 |
| BOOT Boot Barn Holdings Inc. | Sold out | 0.00% | −0.33 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.33 |
Portfolio Buys Q4 2024 → Q1 2025
| DFS Discover Financial Services | Add +145.1% | 3.86% | +2.04 |
| SO The Southern Co. | Add +303.5% | 2.27% | +1.70 |
| CPT Camden Property Trust | New | 1.43% | +1.43 |
| LBRDK Liberty Broadband-C | New | 1.39% | +1.39 |
| COLD Americold Realty Trust Inc. | Add +2058.4% | 1.20% | +1.13 |
| EXR Extra Space Storage Inc. | Add +411.5% | 1.45% | +1.13 |
| AEE Ameren Corporation | New | 1.12% | +1.12 |
| CMS CMS Energy Corp. | New | 1.11% | +1.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +119.5% | 2.40% | +1.09 |
| HIW Highwoods Properties Inc. | New | 1.07% | +1.07 |
| ETR Entergy Corp. | Add +96.2% | 2.17% | +1.05 |
| META Meta Platforms Inc. Class A | Add +344.7% | 1.34% | +0.99 |
| QCOM Qualcomm Inc. | New | 0.95% | +0.95 |
| SMH Vaneck Semiconductor ETF | New | 0.93% | +0.93 |
| VMRK Vivmark Residential | New | 0.91% | +0.91 |
| CBRE CBRE Group Inc. Class A | Add +336.5% | 1.17% | +0.86 |
| V Visa Inc. Class A | New | 0.86% | +0.86 |
| FTS Fortis Inc. | Add +106.2% | 1.72% | +0.85 |
| REG Regency Centers Corp. | New | 0.85% | +0.85 |
| ELS Equity Lifestyle Properties | New | 0.84% | +0.84 |
| ADC Agree Realty Corp. | Add +877.2% | 0.93% | +0.83 |
| PEG Public Service Enterprise GP | New | 0.82% | +0.82 |
| PNW Pinnacle West Capital | New | 0.77% | +0.77 |
| TRNO Terreno Realty Corp. | Add +1641.1% | 0.80% | +0.75 |
| GLPI Gaming and Leisure Propertie | New | 0.73% | +0.73 |
| LTH Life Time Group Holdings Inc. | New | 0.71% | +0.71 |
| SPG Simon Property Group Inc. | New | 0.71% | +0.71 |
| LXP LXP Industrial Trust | Add +468.3% | 0.87% | +0.71 |
| SPGI S&P Global Inc. | New | 0.71% | +0.71 |
| ARE Alexandria Real Estate Equit | New | 0.69% | +0.69 |
| D Dominion Energy Inc. | New | 0.68% | +0.68 |
| BBY Best Buy Co. Inc. | New | 0.68% | +0.68 |
| BNL Broadstone Net Lease Inc. | Add +1250.4% | 0.72% | +0.66 |
| NSA National Storage Affiliates | New | 0.66% | +0.66 |
| WPC WP Carey Inc. | New | 0.66% | +0.66 |
| DOC Healthpeak Properties Inc. | Add +228.3% | 0.95% | +0.62 |
| STAG Stag Industrial Inc. | New | 0.61% | +0.61 |
| INVH Invitation Homes Inc. | New | 0.58% | +0.58 |
| BECN Beacon Roofing Supply Inc. | New | 0.57% | +0.57 |
| ITCI Intra-Cellular Therapies Inc. | New | 0.57% | +0.57 |
| SE Sea Ltd.-ADR | Add +532.8% | 0.66% | +0.57 |
| NFLX Netflix Inc. | Add +599.6% | 0.66% | +0.56 |
| BAM Brookfield Asset Mgmt-A | New | 0.53% | +0.53 |
| CAL Caleres Inc. | Add +575.4% | 0.67% | +0.52 |
| WELL Welltower Inc. | New | 0.50% | +0.50 |
| DEA Easterly Govt Pptys Inc. | New | 0.49% | +0.49 |
| BATRK Atlanta Braves Holdings in-C | Add +273.9% | 0.69% | +0.49 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.48% | +0.48 |
| TRI Thomson Reuters Corp. | New | 0.47% | +0.47 |
| PLAY Dave & Buster's Entertainmen | New | 0.46% | +0.46 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +216.7% | 133,000 | $74.4M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +2274.0% | 118,700 | $66.4M |
| MSTR Strategy Inc. | put | Add +1900.0% | 40,000 | $11.5M |
| IWM iShares Russell 2000 ETF | call | Sold out | 50,000 | $11.0Mbefore exit |
| TRI Thomson Reuters Corp. | call | New | 61,000 | $10.5M |
| IWM iShares Russell 2000 ETF | put | Add +220.0% | 40,000 | $8.0M |
| EFA iShares MSCI Eafe ETF | put | Sold out | 105,000 | $7.9Mbefore exit |
| DFS Discover Financial Services | put | New | 46,400 | $7.9M |
| NVDA Nvidia Corp. | call | Add +121.8% | 50,800 | $5.5M |
| CVX Chevron Corp. | call | New | 28,700 | $4.8M |
| AES AES Corp. | call | New | 300,000 | $3.7M |
| BITO Proshares Bitcoin ETF-Usd | call | New | 200,000 | $3.7M |
| XLF SS Financial Select Sector | call | Sold out | 65,000 | $3.1Mbefore exit |
| NVDA Nvidia Corp. | put | Sold out | 22,600 | $3.0Mbefore exit |
| IYR iShares US Real Estate ETF | call | Reduce -73.9% | 30,000 | $2.9M |
| TSM Taiwan Semiconductor-SP ADR | call | Add +429.0% | 16,400 | $2.7M |
| COF Capital One Financial Corp. | put | New | 15,000 | $2.7M |
| LYV Live Nation Entertainment Inc. | put | New | 20,000 | $2.6M |
| MDB Mongodb Inc. | put | Sold out | 11,000 | $2.6Mbefore exit |
| AVGO Broadcom Inc. | call | Add +160.8% | 13,300 | $2.2M |
| VNO Vornado Realty Trust | call | New | 60,000 | $2.2M |
| BABA Alibaba Group Holding-SP ADR | put | New | 16,500 | $2.2M |
| OPFI Oppfi Inc. | put | New | 224,500 | $2.1M |
| COST Costco Wholesale Corp. | call | Add +633.3% | 2,200 | $2.1M |
| GRPN Groupon Inc. | put | New | 100,000 | $1.9M |
| VTR Ventas Inc. | call | New | 25,000 | $1.7M |
| BXP BXP Inc. | call | New | 25,000 | $1.7M |
| CVX Chevron Corp. | put | New | 10,000 | $1.7M |
| X United States Steel Corp. | call | Sold out | 48,500 | $1.6Mbefore exit |
| AAPL Apple Inc. | call | Reduce -37.0% | 6,300 | $1.4M |
| AVGO Broadcom Inc. | put | Sold out | 5,900 | $1.4Mbefore exit |
| XLE SS Energy Select Sector | put | Sold out | 15,000 | $1.3Mbefore exit |
| TSM Taiwan Semiconductor-SP ADR | put | Sold out | 6,300 | $1.2Mbefore exit |
| AAPL Apple Inc. | put | Sold out | 4,800 | $1.2Mbefore exit |
| QCOM Qualcomm Inc. | call | Add +266.7% | 7,700 | $1.2M |
| MSFT Microsoft Corp. | call | Reduce -36.7% | 3,100 | $1.2M |
| ASML ASML Holding NV-NY Reg SHS | call | Add +466.7% | 1,700 | $1.1M |
| TXN Texas Instruments Inc. | call | Add +454.6% | 6,100 | $1.1M |
| AMD Advanced Micro Devices | call | Add +253.3% | 10,600 | $1.1M |
| SMR Nuscale Power Corp. | put | Sold out | 60,600 | $1.1Mbefore exit |
| HES Hess Corp. | call | Sold out | 8,100 | $1.1Mbefore exit |
| MDB Mongodb Inc. | call | New | 6,000 | $1.1M |
| ADI Analog Devices Inc. | call | New | 5,200 | $1.0M |
| AMAT Applied Materials Inc. | call | Add +453.9% | 7,200 | $1.0M |
| INTC Intel Corp. | call | New | 44,900 | $1.0M |
| MSFT Microsoft Corp. | put | Sold out | 2,400 | $1.0Mbefore exit |
| MU Micron Technology Inc. | call | New | 11,300 | $982K |
| LQDA Liquidia Corp. | call | Add +217.1% | 65,000 | $959K |
| KLAC KLA Corp. | call | New | 1,400 | $952K |
| WMT Walmart Inc. | call | Add +272.4% | 10,800 | $948K |
Showing the first 50 of 108.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | New | 4,000,000 | $5.7M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | New | 40,000 | $3.4M |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | Add +4.7% | 1,372,677 | $3.0M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | New | 25,000 | $1.5M |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | New | 1,000,000 | $1.0M |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | Reduce -10.7% | 312,500 | $847K |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | Add +50.5% | 153,232 | $595K |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | New | 187,106 | $567K |
| IONQ.WS Ionq Inc. -CW26 | *W EXP 09/30/202 | Add +3.7% | 27,406 | $304K |
| OCSAW Oculis Holding AG -30 | *W EXP 03/06/202 | Sold out | 50,100 | $271Kbefore exit |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | New | 690,119 | $193K |
| LUNRW Intuitive Machines Inc.-CW | *W EXP 99/99/999 | Sold out | 20,000 | $157Kbefore exit |
| SKYH.WS Yellowstone Acquisit A -CW25 | *W EXP 01/25/202 | Add +10.2% | 45,648 | $141K |
| AVPTW Avepoint Inc.-CW24 | *W EXP 09/18/202 | Add +0.9% | 21,248 | $93K |
| BBAI.WS Bigbear.ai Holdings -CW28 | *W EXP 12/08/202 | Sold out | 10,100 | $16Kbefore exit |
| ETWOW E2OPEN Parent Ho -CW25 | *W EXP 02/04/202 | Sold out | 50,000 | $750before 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 | 201 | $465.9M | EA, NSC, XHB, LQDA, D |
| Q1 2026 | 187 | $436.6M | NSC, EA, LNT, AEE, ETR |
| Q4 2025 | 207 | $639.7M | V, NSC, AMZN, WTRG, EA |
| Q3 2025 | 191 | $620.2M | WEC, V, MSFT, LNT, CMS |
| Q2 2025 | 201 | $743.3M | BKNG, HES, DUK, WTRG, SO |
| Q1 2025 | 200 | $564.8M | DFS, HES, SPY, ADP, SO |
| Q4 2024 | 226 | $494.7M | ADP, HES, KLAC, DTE, DUK |
| Q3 2024 | 242 | $549.6M | HES, PPL, XLI, LNT, ED |
| Q2 2024 | 202 | $464.0M | HES, NI, AMZN, LNT, EVRG |
| Q1 2024 | 203 | $602.4M | PXD, PPLI, EVRG, LSXMK, ED |