Gruss & Co., LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Gruss & Co., LLC reported 35 stock positions worth $45.5 million. Its top holding was SPDR Gold Shares (GLD) at 42.7% of the portfolio, followed by Amazon.com (AMZN, 6.6%) and Microsoft (MSFT, 6.4%). Compared with Q3 2025, it opened 15 new positions, sold out of 12, added to 7 and reduced 5. The biggest buy was a new position in iShares MSCI Emerging Market (EEM) and the biggest sale SPDR Gold Shares (GLD, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- WEST PALM BEACH, FL
- CIK
- 0001103738
- Portfolio Value
- $45.5M (Q4 2025)
- SEC Filing
- 0001103738-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 35 stocks · $45.5M
| GLD SPDR Gold Shares | 42.70% | 49,000 | $19.4M | Reduce -12.5% |
| AMZN Amazon.com Inc. | 6.60% | 13,000 | $3.0M | Add +100.0% |
| MSFT Microsoft Corp. | 6.38% | 6,000 | $2.9M | No change |
| AAXJ iShares MSCI All Country Asi | 4.91% | 24,000 | $2.2M | Add +17.1% |
| EEM iShares MSCI Emerging Market | 4.45% | 37,000 | $2.0M | New |
| RSVR Reservoir Media Inc. | 4.41% | 265,000 | $2.0M | New |
| NVDA Nvidia Corp. | 2.46% | 6,000 | $1.1M | Add +9.1% |
| WBD Warner Bros Discovery Inc. | 2.38% | 37,500 | $1.1M | New |
| META Meta Platforms Inc. Class A | 2.18% | 1,500 | $990K | Add +50.0% |
| BSM Black Stone Minerals LP | 2.08% | 71,016 | $944K | No change |
| SLV iShares Silver Trust | 1.77% | 12,500 | $805K | New |
| XLEI SS Energy SS SPDR Prem Inc. | 1.72% | 17,500 | $782K | New |
| AAPL Apple Inc. | 1.61% | 2,700 | $734K | Reduce -35.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.35% | 1,000 | $614K | No change |
| GDX Vaneck Gold Miners ETF | 1.23% | 6,500 | $558K | Add +44.4% |
| EPD Enterprise Products Partners | 1.16% | 16,500 | $529K | Add +26.9% |
| BE Bloom Energy Corp. Class A | 1.05% | 5,500 | $478K | Add +10.0% |
| NG Novagold Resources Inc. | 1.02% | 50,000 | $466K | New |
| XBI SS SPDR S&P Biotech ETF | 0.94% | 3,500 | $427K | Reduce -12.5% |
| ET Energy Transfer LP | 0.91% | 25,000 | $412K | New |
| VIXY Proshares Vix Short-Term Fut | 0.85% | 15,000 | $385K | New |
| SMH Vaneck Semiconductor ETF | 0.79% | 1,000 | $360K | No change |
| GEV GE Vernova Inc. | 0.72% | 500 | $327K | New |
| JPM JPMorgan Chase & Co. | 0.71% | 1,000 | $322K | Reduce -50.0% |
| ITA iShares U.S. Aerospace & Def | 0.71% | 1,500 | $322K | No change |
| IGV iShares Expanded Tech-Softwa | 0.70% | 3,000 | $317K | No change |
| XLK SS Technology Select Sector | 0.63% | 2,000 | $288K | Reduce -50.0% |
| ACWI iShares MSCI Acwi ETF | 0.62% | 2,000 | $283K | No change |
| DECK Deckers Outdoor Corp. | 0.51% | 2,250 | $233K | New |
| HSAI Hesai Group | 0.49% | 10,000 | $224K | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.47% | 5,000 | $213K | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.46% | 2,000 | $209K | New |
| TMUS T-Mobile US Inc. | 0.45% | 1,000 | $203K | No change |
| KYN Kayne Anderson Energy Infra | 0.41% | 15,086 | $187K | New |
| FRMI Fermi Inc. | 0.18% | 10,000 | $80K | New |
Portfolio Sells Q3 2025 → Q4 2025
| GLD SPDR Gold Shares | Reduce -12.5% | 42.70% | −9.18 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −1.48 |
| FNV Franco-Nevada Corp. | Sold out | 0.00% | −1.45 |
| AAPL Apple Inc. | Reduce -35.7% | 1.61% | −1.17 |
| JPM JPMorgan Chase & Co. | Reduce -50.0% | 0.71% | −0.94 |
| TBT Proshares Ultrashort 20+Y TR | Sold out | 0.00% | −0.88 |
| XLK SS Technology Select Sector | Reduce -50.0% | 0.63% | −0.84 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.83 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.81 |
| VG Venture Global Inc. Class A | Sold out | 0.00% | −0.74 |
| GDXJ Vaneck Junior Gold Miners | Sold out | 0.00% | −0.65 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.63 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.62 |
| BLCO Bausch + Lomb Corp. | Sold out | 0.00% | −0.39 |
| BORR Borr Drilling Ltd. | Sold out | 0.00% | −0.35 |
| XBI SS SPDR S&P Biotech ETF | Reduce -12.5% | 0.94% | −0.11 |
| STRIVE INC | Sold out | 0.00% | −0.10 |
Portfolio Buys Q3 2025 → Q4 2025
| EEM iShares MSCI Emerging Market | New | 4.45% | +4.45 |
| RSVR Reservoir Media Inc. | New | 4.41% | +4.41 |
| AMZN Amazon.com Inc. | Add +100.0% | 6.60% | +2.88 |
| WBD Warner Bros Discovery Inc. | New | 2.38% | +2.38 |
| SLV iShares Silver Trust | New | 1.77% | +1.77 |
| XLEI SS Energy SS SPDR Prem Inc. | New | 1.72% | +1.72 |
| NG Novagold Resources Inc. | New | 1.02% | +1.02 |
| ET Energy Transfer LP | New | 0.91% | +0.91 |
| VIXY Proshares Vix Short-Term Fut | New | 0.85% | +0.85 |
| GEV GE Vernova Inc. | New | 0.72% | +0.72 |
| DECK Deckers Outdoor Corp. | New | 0.51% | +0.51 |
| HSAI Hesai Group | New | 0.49% | +0.49 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.47% | +0.47 |
| EL Estee Lauder Companies Class A | New | 0.46% | +0.46 |
| KYN Kayne Anderson Energy Infra | New | 0.41% | +0.41 |
| GDX Vaneck Gold Miners ETF | Add +44.4% | 1.23% | +0.33 |
| META Meta Platforms Inc. Class A | Add +50.0% | 2.18% | +0.26 |
| FRMI Fermi Inc. | New | 0.18% | +0.18 |
| EPD Enterprise Products Partners | Add +26.9% | 1.16% | +0.10 |
| AAXJ iShares MSCI All Country Asi | Add +17.1% | 4.91% | +0.04 |
| BE Bloom Energy Corp. Class A | Add +10.0% | 1.05% | −0.05 |
| NVDA Nvidia Corp. | Add +9.1% | 2.46% | −0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 35 | $38.1M | GLD, RSVR, AAXJ, MSFT, AMZN |
| Q1 2026 | 35 | $42.8M | GLD, RSVR, AAXJ, MSFT, AMZN |
| Q4 2025 | 35 | $45.5M | GLD, AMZN, MSFT, AAXJ, EEM |
| Q3 2025 | 32 | $38.4M | GLD, MSFT, AAXJ, AMZN, AAPL |
| Q2 2025 | 20 | $21.4M | GLD, AMZN, MSFT, AAXJ, NVDA |
| Q1 2025 | 25 | $22.9M | GLD, MSFT, AMZN, BSM, META |
| Q4 2024 | 23 | $23.4M | MSFT, GLD, NKE, AMZN, SPY |
| Q3 2024 | 19 | $12.7M | GLD, MSFT, SMH, BSM, AAPL |
| Q2 2024 | 17 | $18.4M | META, NVDA, GLD, MSFT, AAPL |
| Q1 2024 | 21 | $18.1M | QQQ, META, GLD, MSFT, EWJ |