Greenland Capital Management LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Greenland Capital Management LP reported 187 stock positions worth $436.6 million. Its top holding was Norfolk Southern (NSC) at 7.0% of the portfolio, followed by Electronic Arts (EA, 6.3%) and Alliant Energy (LNT, 3.2%). Compared with Q4 2025, it opened 74 new positions, sold out of 94, added to 40 and reduced 66. The biggest buy was Electronic Arts (EA, shares +74%) and the biggest sale Visa Class A (V, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001896430
- Portfolio Value
- $436.6M (Q1 2026)
- SEC Filing
- 0001896430-26-000003 ↗ filed May 15, 2026
Holdings Value
Holdings 187 stocks · $436.6M
| NSC Norfolk Southern Corp. | 6.96% | 105,835 | $30.4M | Add +52.4% |
| EA Electronic Arts Inc. | 6.34% | 135,893 | $27.7M | Add +74.3% |
| LNT Alliant Energy Corp. | 3.16% | 192,474 | $13.8M | Add +13.9% |
| AEE Ameren Corporation | 3.05% | 120,979 | $13.3M | Add +158.0% |
| ETR Entergy Corp. | 2.94% | 114,278 | $12.8M | Reduce -6.5% |
| XIFR XPLR Infrastructure LP | 2.78% | 1,143,532 | $12.1M | Add +140.2% |
| AMZN Amazon.com Inc. | 2.64% | 55,448 | $11.5M | Reduce -27.3% |
| PPL PPL Corp. | 2.52% | 288,178 | $11.0M | New |
| D Dominion Energy Inc. | 2.50% | 176,571 | $10.9M | Add +572.4% |
| CMS CMS Energy Corp. | 2.44% | 137,060 | $10.6M | Reduce -7.8% |
| OHI Omega Healthcare Investors | 2.13% | 212,600 | $9.3M | Add +18.1% |
| DUK Duke Energy Corp. | 2.03% | 67,739 | $8.9M | Add +49.3% |
| AWK American Water Works Co. Inc. | 1.97% | 63,238 | $8.6M | New |
| BRSP Brightspire Capital Inc. | 1.94% | 1,515,000 | $8.5M | Add +2.0% |
| CTRE Caretrust REIT Inc. | 1.63% | 194,000 | $7.1M | Add +29.3% |
| AEP American Electric Power | 1.55% | 51,477 | $6.7M | Add +14.6% |
| PEN Penumbra Inc. | 1.49% | 19,750 | $6.5M | New |
| TMUS T-Mobile US Inc. | 1.45% | 30,061 | $6.3M | Add +259.8% |
| WEC WEC Energy Group Inc. | 1.35% | 51,008 | $5.9M | New |
| AQN Algonquin Power & Utilities | 1.30% | 928,990 | $5.7M | Add +74.7% |
| LQDA Liquidia Corp. | 1.30% | 150,000 | $5.7M | Add +14.1% |
| CNP Centerpoint Energy Inc. | 1.19% | 120,561 | $5.2M | Reduce -55.1% |
| LBRDK Liberty Broadband-C | 1.03% | 89,688 | $4.5M | Reduce -27.2% |
| AHR American Healthcare REIT Inc. | 1.03% | 95,000 | $4.5M | Reduce -41.6% |
| V Visa Inc. Class A | 0.91% | 13,180 | $4.0M | Reduce -82.7% |
| SBRA Sabra Health Care REIT Inc. | 0.90% | 205,000 | $3.9M | Reduce -16.3% |
| FTS Fortis Inc. | 0.87% | 68,540 | $3.8M | Add +240.7% |
| WBD Warner Bros Discovery Inc. | 0.85% | 135,428 | $3.7M | Add +413.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.80% | 10,391 | $3.5M | Reduce -69.9% |
| MELI MercadoLibre Inc. | 0.80% | 2,030 | $3.5M | Add +121.4% |
| KVUE Kenvue Inc. | 0.79% | 201,087 | $3.5M | Add +33.1% |
| ADI Analog Devices Inc. | 0.78% | 10,730 | $3.4M | Reduce -66.4% |
| TEVA Teva Pharmaceutical-SP ADR | 0.74% | 107,500 | $3.2M | Reduce -5.3% |
| ABNB Airbnb Inc. Class A | 0.70% | 24,242 | $3.1M | Add +94.9% |
| NVDA Nvidia Corp. | 0.70% | 17,442 | $3.0M | New |
| BATRK Atlanta Braves Holdings in-C | 0.68% | 69,552 | $3.0M | Reduce -19.7% |
| QRVO Qorvo Inc. | 0.67% | 38,002 | $2.9M | New |
| CUBE Cubesmart | 0.67% | 80,000 | $2.9M | Reduce -67.0% |
| RSP Invesco S&P 500 Equal Weight | 0.65% | 14,699 | $2.8M | Add +258.8% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.63% | 22,000 | $2.8M | Add +57.1% |
| AIV Apartment Invt & Mgmt Co. Class A | 0.62% | 665,200 | $2.7M | Add +104.7% |
| XLP SS Consumer Staples Sel Sect | 0.59% | 31,610 | $2.6M | Reduce -21.9% |
| NMRK Newmark Group Inc. Class A | 0.55% | 160,000 | $2.4M | Add +165.9% |
| WM Waste Management Inc. | 0.55% | 10,400 | $2.4M | Reduce -29.0% |
| CDNS Cadence Design SYS Inc. | 0.53% | 8,405 | $2.3M | Reduce -80.1% |
| MCO Moody's Corp. | 0.50% | 5,010 | $2.2M | New |
| AES AES Corp. | 0.49% | 153,233 | $2.2M | Add +1241.3% |
| SPOT Spotify Technology SA | 0.49% | 4,439 | $2.2M | Add +22.7% |
| NTST Netstreit Corp. | 0.47% | 110,000 | $2.1M | Add +57.1% |
| ELS Equity Lifestyle Properties | 0.46% | 32,000 | $2.0M | Add +255.6% |
| GTLS Chart Industries Inc. | 0.45% | 9,429 | $1.9M | No change |
| BULL Webull Corp. | 0.44% | 400,000 | $1.9M | New |
| AVGO Broadcom Inc. | 0.43% | 6,118 | $1.9M | Reduce -0.6% |
| FIS Fidelity National Info Serv | 0.42% | 38,901 | $1.8M | New |
| AMAT Applied Materials Inc. | 0.42% | 5,313 | $1.8M | New |
| MPWR Monolithic Power Systems Inc. | 0.41% | 1,635 | $1.8M | Reduce -56.3% |
| STM Stmicroelectronics NV-NY SHS | 0.40% | 49,972 | $1.7M | New |
| PEG Public Service Enterprise GP | 0.37% | 19,990 | $1.6M | Reduce -68.1% |
| LRCX Lam Research Corp. | 0.36% | 7,351 | $1.6M | Add +1.3% |
| MLYS Mineralys Therapeutics Inc. | 0.36% | 57,500 | $1.6M | Reduce -16.7% |
| UBER Uber Technologies Inc. | 0.35% | 21,489 | $1.5M | Add +427.5% |
| AN Autonation Inc. | 0.35% | 7,884 | $1.5M | New |
| CE Celanese Corp. | 0.35% | 23,000 | $1.5M | New |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.34% | 23,196 | $1.5M | Add +2.9% |
| MU Micron Technology Inc. | 0.34% | 4,373 | $1.5M | Reduce -63.6% |
| OGS One Gas Inc. | 0.34% | 16,996 | $1.5M | Reduce -69.1% |
| IVT Inventrust Properties Corp. | 0.33% | 48,000 | $1.5M | Reduce -61.8% |
| BNL Broadstone Net Lease Inc. | 0.33% | 80,000 | $1.5M | Reduce -8.1% |
| ROKU Roku Inc. | 0.33% | 15,332 | $1.5M | Reduce -43.2% |
| GLW Corning Inc. | 0.33% | 10,604 | $1.4M | New |
| GOOG Alphabet Inc. Class C | 0.33% | 5,017 | $1.4M | Reduce -5.9% |
| AAPL Apple Inc. | 0.33% | 5,592 | $1.4M | Reduce -86.3% |
| AON Aon PLC Class A | 0.32% | 4,325 | $1.4M | Reduce -8.0% |
| EXPE Expedia Group Inc. | 0.32% | 5,975 | $1.4M | Reduce -77.8% |
| EVRG Evergy Inc. | 0.31% | 16,720 | $1.4M | Reduce -48.1% |
| AVT Avnet Inc. | 0.31% | 22,138 | $1.4M | New |
| AMD Advanced Micro Devices | 0.31% | 6,664 | $1.4M | Reduce -34.5% |
| BRX Brixmor Property Group Inc. | 0.31% | 47,000 | $1.4M | Reduce -6.0% |
| BN Brookfield Corp. | 0.31% | 33,000 | $1.3M | Reduce -1.5% |
| RVMD Revolution Medicines Inc. | 0.30% | 13,432 | $1.3M | New |
| HOLX Hologic Inc. | 0.30% | 17,200 | $1.3M | No change |
| CSCO Cisco Systems Inc. | 0.29% | 16,459 | $1.3M | New |
| ET Energy Transfer LP | 0.29% | 65,000 | $1.3M | New |
| OGE Oge Energy Corp. | 0.29% | 26,000 | $1.2M | New |
| SLAB Silicon Laboratories Inc. | 0.28% | 5,931 | $1.2M | New |
| NFG National Fuel Gas Co. | 0.28% | 13,000 | $1.2M | Reduce -7.1% |
| CIEN Ciena Corp. | 0.27% | 3,017 | $1.2M | New |
| WCN Waste Connections Inc. | 0.27% | 7,200 | $1.2M | Reduce -0.7% |
| COF Capital One Financial Corp. | 0.26% | 6,300 | $1.1M | Add +14.2% |
| NXPI NXP Semiconductors NV | 0.26% | 5,706 | $1.1M | Reduce -85.6% |
| CTRA Coterra Energy Inc. | 0.25% | 31,388 | $1.1M | New |
| STAG Stag Industrial Inc. | 0.25% | 30,000 | $1.1M | Reduce -16.7% |
| VRDN Viridian Therapeutics Inc. | 0.25% | 55,000 | $1.1M | New |
| HBM Hudbay Minerals Inc. | 0.24% | 50,000 | $1.0M | Reduce -52.4% |
| BKH Black Hills Corp. | 0.24% | 15,000 | $1.0M | Reduce -17.3% |
| MAC The Macerich Co. | 0.24% | 55,000 | $1.0M | New |
| BMRN Biomarin Pharmaceutical Inc. | 0.23% | 18,100 | $1.0M | New |
| FDUS Fidus Investment Corp. | 0.23% | 58,000 | $1.0M | Reduce -10.8% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.23% | 70,000 | $1.0M | Add +13.8% |
| AVA Avista Corp. | 0.23% | 24,724 | $992K | New |
Options reported separately and not counted above: SPY calls ($39.7M), MSTR puts ($39.3M), SPY puts ($38.4M), HYG puts ($29.8M), HYG calls ($29.7M), TLT calls ($21.7M), TLT puts ($8.7M), IYR calls ($8.5M), QQQ calls ($6.9M), IREN puts ($6.9M), EFA puts ($6.2M), CORZ puts ($4.5M), and 44 more.
Other holdings (35): bonds, preferreds, convertibles and warrants · $63.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 0 03/01/30) | NOTE 3/0 · principal | 20,000,000 | $17.4M | New |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 8,000,000 | $9.2M | No change |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 5,000,000 | $5.8M | No change |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 5,000,000 | $5.5M | No change |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 71,681 | $5.1M | Add +2.4% |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 5,000,000 | $4.2M | No change |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | 750,000 | $4.1M | Reduce -1.3% |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 4,000,000 | $3.9M | No change |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | 2,000,000 | $1.8M | No change |
| BULLW Webull Corp.-30 | *W EXP 04/10/203 | 1,155,813 | $1.6M | Add +1.6% |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | 77,426 | $1.3M | Add +83.0% |
| INFQ.WS Churchill Capital Corp. X | *W EXP 02/17/203 | 218,148 | $965K | New |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 109,264 | $956K | New |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | 222,471 | $779K | New |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 150,520 | $519K | New |
| FTW.WS Presidio Pubco Inc. | *W EXP 03/04/203 | 199,351 | $161K | New |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | 1,172,054 | $152K | No change |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 650,000 | $119K | No change |
| VWAVW Visionwave Holdings Inc. | *W EXP 07/14/203 | 112,644 | $97K | New |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | 383,530 | $44K | No change |
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 | 37,500 | $41K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 85,546 | $33K | Reduce -1.4% |
| SKYH.WS Yellowstone Acquisit A -CW25 | *W EXP 01/25/202 | 45,648 | $32K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 703,029 | $24K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 117,048 | $21K | No change |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | 306,565 | $19K | Reduce -10.9% |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 500,000 | $11K | No change |
| VFSWW Vinfast Auto Ltd.-28 | *W EXP 08/11/202 | 15,199 | $5K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 425,946 | $3K | No change |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 99,192 | $3K | No change |
| MOBXW Chavrant Capital Acq -CW23 | *W EXP 12/21/202 | 16,788 | $2K | No change |
| KIDZW Classover Holdings Inc. - 30 | *W EXP 04/03/203 | 100,000 | $2K | No change |
| MLKWF Waldencast Acq Class A -CW27 | *W EXP 07/27/202 | 30,799 | $1K | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 48,600 | $734 | No change |
| PIIIW P3 Health Partne -CW27 | *W EXP 11/19/202 | 141,412 | $707 | No change |
Total filed on the 13F, all lines: $500.4M.
Portfolio Sells Q4 2025 → Q1 2026
| V Visa Inc. Class A | Reduce -82.7% | 0.91% | −3.26 |
| WTRG Essential Utilities Inc. | Reduce -96.3% | 0.15% | −2.54 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −1.87 |
| CDNS Cadence Design SYS Inc. | Reduce -80.1% | 0.53% | −1.53 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −1.46 |
| WELL Welltower Inc. | Sold out | 0.00% | −1.46 |
| AAPL Apple Inc. | Reduce -86.3% | 0.33% | −1.40 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −1.37 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −1.31 |
| CBRE CBRE Group Inc. Class A | Reduce -94.3% | 0.09% | −1.24 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -93.2% | 0.14% | −1.19 |
| MAA Mid-America Apartment Comm | Sold out | 0.00% | −1.19 |
| EGP Eastgroup Properties Inc. | Sold out | 0.00% | −1.15 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −1.14 |
| NXPI NXP Semiconductors NV | Reduce -85.6% | 0.26% | −1.09 |
| CIGI Colliers Intl GR-Subord Vot | Sold out | 0.00% | −1.08 |
| LSCC Lattice Semiconductor Corp. | Sold out | 0.00% | −0.99 |
| FRT Federal Realty Invs Trust | Sold out | 0.00% | −0.98 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.97 |
| SLG SL Green Realty Corp. | Sold out | 0.00% | −0.96 |
| BXP BXP Inc. | Sold out | 0.00% | −0.93 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.90 |
| EXPE Expedia Group Inc. | Reduce -77.8% | 0.32% | −0.87 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.86 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -69.9% | 0.80% | −0.84 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.81 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.80 |
| CDP Copt Defense Properties | Sold out | 0.00% | −0.77 |
| SPG Simon Property Group Inc. | Reduce -92.8% | 0.09% | −0.72 |
| CUBE Cubesmart | Reduce -67.0% | 0.67% | −0.69 |
| IRT Independence Realty Trust Inc. | Sold out | 0.00% | −0.67 |
| ADI Analog Devices Inc. | Reduce -66.4% | 0.78% | −0.57 |
| WDC Western Digital Corp. | Reduce -92.6% | 0.11% | −0.55 |
| AVAV Aerovironment Inc. | Sold out | 0.00% | −0.50 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −0.47 |
| CNP Centerpoint Energy Inc. | Reduce -55.1% | 1.19% | −0.42 |
| PEG Public Service Enterprise GP | Reduce -68.1% | 0.37% | −0.42 |
| CPT Camden Property Trust | Reduce -76.8% | 0.18% | −0.41 |
| ADC Agree Realty Corp. | Sold out | 0.00% | −0.41 |
| EPRT Essential Properties Realty | Sold out | 0.00% | −0.34 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.34 |
| DAY Dayforce Inc. | Sold out | 0.00% | −0.33 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.33 |
| OGS One Gas Inc. | Reduce -69.1% | 0.34% | −0.33 |
| META Meta Platforms Inc. Class A | Reduce -88.0% | 0.06% | −0.32 |
| FER Ferrovial NV | Sold out | 0.00% | −0.32 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.32 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.31 |
| XYZ Block Inc. | Sold out | 0.00% | −0.31 |
| LYV Live Nation Entertainment Inc. | Sold out | 0.00% | −0.29 |
Portfolio Buys Q4 2025 → Q1 2026
| EA Electronic Arts Inc. | Add +74.3% | 6.34% | +3.86 |
| NSC Norfolk Southern Corp. | Add +52.4% | 6.96% | +3.82 |
| PPL PPL Corp. | New | 2.52% | +2.52 |
| AEE Ameren Corporation | Add +158.0% | 3.05% | +2.31 |
| D Dominion Energy Inc. | Add +572.4% | 2.50% | +2.26 |
| XIFR XPLR Infrastructure LP | Add +140.2% | 2.78% | +2.04 |
| AWK American Water Works Co. Inc. | New | 1.97% | +1.97 |
| PEN Penumbra Inc. | New | 1.49% | +1.49 |
| LNT Alliant Energy Corp. | Add +13.9% | 3.16% | +1.45 |
| WEC WEC Energy Group Inc. | New | 1.35% | +1.35 |
| DUK Duke Energy Corp. | Add +49.3% | 2.03% | +1.20 |
| TMUS T-Mobile US Inc. | Add +259.8% | 1.45% | +1.18 |
| OHI Omega Healthcare Investors | Add +18.1% | 2.13% | +0.89 |
| AQN Algonquin Power & Utilities | Add +74.7% | 1.30% | +0.79 |
| CTRE Caretrust REIT Inc. | Add +29.3% | 1.63% | +0.78 |
| AEP American Electric Power | Add +14.6% | 1.55% | +0.74 |
| WBD Warner Bros Discovery Inc. | Add +413.6% | 0.85% | +0.73 |
| FTS Fortis Inc. | Add +240.7% | 0.87% | +0.71 |
| NVDA Nvidia Corp. | New | 0.70% | +0.70 |
| QRVO Qorvo Inc. | New | 0.67% | +0.67 |
| BRSP Brightspire Capital Inc. | Add +2.0% | 1.94% | +0.64 |
| LQDA Liquidia Corp. | Add +14.1% | 1.30% | +0.59 |
| RSP Invesco S&P 500 Equal Weight | Add +258.8% | 0.65% | +0.52 |
| MELI MercadoLibre Inc. | Add +121.4% | 0.80% | +0.52 |
| MCO Moody's Corp. | New | 0.50% | +0.50 |
| AES AES Corp. | Add +1241.3% | 0.49% | +0.47 |
| BULL Webull Corp. | New | 0.44% | +0.44 |
| ABNB Airbnb Inc. Class A | Add +94.9% | 0.70% | +0.44 |
| FIS Fidelity National Info Serv | New | 0.42% | +0.42 |
| AMAT Applied Materials Inc. | New | 0.42% | +0.42 |
| STM Stmicroelectronics NV-NY SHS | New | 0.40% | +0.40 |
| KVUE Kenvue Inc. | Add +33.1% | 0.79% | +0.39 |
| NMRK Newmark Group Inc. Class A | Add +165.9% | 0.55% | +0.39 |
| ELS Equity Lifestyle Properties | Add +255.6% | 0.46% | +0.37 |
| SUI Sun Communities Inc. | Add +57.1% | 0.63% | +0.36 |
| AN Autonation Inc. | New | 0.35% | +0.35 |
| CE Celanese Corp. | New | 0.35% | +0.35 |
| GLW Corning Inc. | New | 0.33% | +0.33 |
| AIV Apartment Invt & Mgmt Co. Class A | Add +104.7% | 0.62% | +0.32 |
| AVT Avnet Inc. | New | 0.31% | +0.31 |
| UBER Uber Technologies Inc. | Add +427.5% | 0.35% | +0.30 |
| RVMD Revolution Medicines Inc. | New | 0.30% | +0.30 |
| CSCO Cisco Systems Inc. | New | 0.29% | +0.29 |
| ET Energy Transfer LP | New | 0.29% | +0.29 |
| OGE Oge Energy Corp. | New | 0.29% | +0.29 |
| SLAB Silicon Laboratories Inc. | New | 0.28% | +0.28 |
| NTST Netstreit Corp. | Add +57.1% | 0.47% | +0.28 |
| CIEN Ciena Corp. | New | 0.27% | +0.27 |
| CTRA Coterra Energy Inc. | New | 0.25% | +0.25 |
| VRDN Viridian Therapeutics Inc. | New | 0.25% | +0.25 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +713.3% | 61,000 | $39.7M |
| MSTR Strategy Inc. | put | Add +212.2% | 315,000 | $39.3M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +293.3% | 59,000 | $38.4M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Reduce -62.5% | 375,000 | $29.8M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | Reduce -25.3% | 373,700 | $29.7M |
| TLT iShares 20+ Year Treasury BD | call | New | 250,000 | $21.7M |
| TLT iShares 20+ Year Treasury BD | put | Add +233.3% | 100,000 | $8.7M |
| IYR iShares US Real Estate ETF | call | Add +125.0% | 90,000 | $8.5M |
| QQQ Invesco QQQ Trust Series 1 | call | New | 12,000 | $6.9M |
| IREN Iren Ltd. | put | New | 200,000 | $6.9M |
| WMT Walmart Inc. | call | Sold out | 58,600 | $6.5Mbefore exit |
| EFA iShares MSCI Eafe ETF | put | New | 64,000 | $6.2M |
| IWM iShares Russell 2000 ETF | put | Sold out | 20,000 | $4.9Mbefore exit |
| CORZ Core Scientific Inc. | put | New | 300,000 | $4.5M |
| FER Ferrovial NV | put | Sold out | 60,700 | $3.9Mbefore exit |
| CRWV Coreweave Inc. Class A | call | Sold out | 50,000 | $3.6Mbefore exit |
| NSC Norfolk Southern Corp. | put | New | 11,000 | $3.2M |
| XLV SS Health Care Select Sector | call | Sold out | 19,500 | $3.0Mbefore exit |
| NVDA Nvidia Corp. | put | Sold out | 16,100 | $3.0Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -50.0% | 5,000 | $2.9M |
| AAPL Apple Inc. | put | Sold out | 10,000 | $2.7Mbefore exit |
| BXP BXP Inc. | call | Add +370.0% | 47,000 | $2.4M |
| LQDA Liquidia Corp. | call | Add +82.9% | 64,000 | $2.4M |
| MSFT Microsoft Corp. | put | Sold out | 4,900 | $2.4Mbefore exit |
| DJT Trump Media & Technology Gro | put | Sold out | 165,000 | $2.2Mbefore exit |
| WULF Terawulf Inc. | put | Add +50.0% | 150,000 | $2.2M |
| SLV iShares Silver Trust | call | Reduce -14.3% | 30,000 | $2.0M |
| ES Eversource Energy | call | Sold out | 30,000 | $2.0Mbefore exit |
| AAPL Apple Inc. | call | Sold out | 7,300 | $2.0Mbefore exit |
| BMRN Biomarin Pharmaceutical Inc. | call | New | 35,000 | $2.0M |
| XLF SS Financial Select Sector | call | New | 40,000 | $2.0M |
| EQIX Equinix Inc. | call | New | 2,000 | $2.0M |
| EA Electronic Arts Inc. | put | New | 9,400 | $1.9M |
| DNLI Denali Therapeutics Inc. | call | New | 99,000 | $1.9M |
| DOC Healthpeak Properties Inc. | call | Add +101.5% | 108,800 | $1.8M |
| GRPN Groupon Inc. | put | Sold out | 100,000 | $1.8Mbefore exit |
| TSM Taiwan Semiconductor-SP ADR | call | New | 1,000 | $1.8M |
| XIFR XPLR Infrastructure LP | call | New | 160,000 | $1.7M |
| VMRK Vivmark Residential | call | New | 25,000 | $1.5M |
| WMT Walmart Inc. | put | Sold out | 13,000 | $1.4Mbefore exit |
| UBER Uber Technologies Inc. | put | New | 20,000 | $1.4M |
| PSA Public Storage | call | Sold out | 5,500 | $1.4Mbefore exit |
| EEM iShares MSCI Emerging Market | call | Sold out | 25,000 | $1.4Mbefore exit |
| PACS Pacs Group Inc. | call | Sold out | 35,000 | $1.3Mbefore exit |
| GOOGL Alphabet Inc. Class A | put | Sold out | 3,900 | $1.2Mbefore exit |
| REM iShares Mortgage Real Estate | call | Sold out | 50,000 | $1.1Mbefore exit |
| AVGO Broadcom Inc. | put | Sold out | 3,200 | $1.1Mbefore exit |
| INSM Insmed Inc. | put | Sold out | 6,000 | $1.0Mbefore exit |
| SNDK Sandisk Corp. | call | New | 1,600 | $1.0M |
| KMB Kimberly-Clark Corp. | call | Sold out | 10,000 | $1.0Mbefore exit |
Showing the first 50 of 117.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| STRATEGY INC (MSTR 0 03/01/30) | NOTE 3/0 · principal | New | 20,000,000 | $17.4M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +2.4% | 71,681 | $5.1M |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | Reduce -1.3% | 750,000 | $4.1M |
| BULLW Webull Corp.-30 | *W EXP 04/10/203 | Add +1.6% | 1,155,813 | $1.6M |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | Add +83.0% | 77,426 | $1.3M |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | Sold out | 1,000,000 | $1.1Mbefore exit |
| INFQ.WS Churchill Capital Corp. X | *W EXP 02/17/203 | New | 218,148 | $965K |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | New | 109,264 | $956K |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | New | 222,471 | $779K |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | New | 150,520 | $519K |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | Sold out | 66,896 | $265Kbefore exit |
| FTW.WS Presidio Pubco Inc. | *W EXP 03/04/203 | New | 199,351 | $161K |
| NUVB.WS Nuvation Bio Inc. -CW27 | *W EXP 02/10/202 | Sold out | 348,960 | $115Kbefore exit |
| VWAVW Visionwave Holdings Inc. | *W EXP 07/14/203 | New | 112,644 | $97K |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | Reduce -1.4% | 85,546 | $33K |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | Reduce -10.9% | 306,565 | $19K |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | Sold out | 102,782 | $4Kbefore exit |
| LMND.WS Lemonade Inc.-28 | *W EXP 02/09/202 | Sold out | 125,000 | $3Kbefore exit |
| LVRWF Lavoro Ltd.-27 | *W EXP 02/27/202 | Sold out | 20,000 | $218before 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 |