Headlands Technologies LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), Headlands Technologies LLC reported 1,215 stock positions worth $416.3 million. Its top holding was Nvidia (NVDA) at 2.4% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 2.2%) and Apple (AAPL, 1.9%). Compared with Q4 2023, it opened 688 new positions, sold out of 396, added to 306 and reduced 217. The biggest buy was a new position in Microsoft (MSFT) and the biggest sale Apple (AAPL, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001570271
- Portfolio Value
- $416.3M (Q1 2024)
- SEC Filing
- 0001570271-24-000003 ↗ filed May 7, 2024
Holdings Value
Holdings 1,215 stocks · $416.3M
| NVDA Nvidia Corp. | 2.42% | 11,136 | $10.1M | Add +7.8% |
| VOO Vanguard S&P 500 ETF | 2.15% | 18,635 | $9.0M | Add +255.4% |
| AAPL Apple Inc. | 1.89% | 45,808 | $7.9M | Reduce -79.4% |
| MSFT Microsoft Corp. | 1.72% | 16,991 | $7.1M | New |
| LIN Linde PLC | 1.65% | 14,770 | $6.9M | Add +1757.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.62% | 15,231 | $6.8M | Add +4.7% |
| VALE Vale SA-SP ADR | 1.32% | 449,738 | $5.5M | Add +457.3% |
| ASML ASML Holding NV-NY Reg SHS | 1.16% | 4,974 | $4.8M | New |
| RIO Rio Tinto PLC-Spon ADR | 1.13% | 73,604 | $4.7M | Add +5544.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.11% | 10,984 | $4.6M | Add +32205.9% |
| AMAT Applied Materials Inc. | 1.09% | 21,968 | $4.5M | Add +414.2% |
| PBR Petroleo Brasileiro-Spon ADR | 1.06% | 288,844 | $4.4M | Add +7414.1% |
| AVGO Broadcom Inc. | 1.04% | 3,269 | $4.3M | New |
| T AT&T Inc. | 1.02% | 242,146 | $4.3M | Add +372.7% |
| VRSN Verisign Inc. | 0.97% | 21,314 | $4.0M | Add +189.9% |
| NOW ServiceNow Inc. | 0.87% | 4,733 | $3.6M | Add +990.5% |
| WDAY Workday Inc. Class A | 0.86% | 13,175 | $3.6M | Reduce -6.2% |
| ANSS Ansys Inc. | 0.84% | 10,025 | $3.5M | New |
| V Visa Inc. Class A | 0.82% | 12,211 | $3.4M | Add +1901.8% |
| NFLX Netflix Inc. | 0.76% | 5,180 | $3.1M | New |
| MA Mastercard Inc. Class A | 0.73% | 6,314 | $3.0M | Add +132.7% |
| PG The Procter & Gamble Co. | 0.69% | 17,682 | $2.9M | New |
| ROP Roper Technologies Inc. | 0.66% | 4,903 | $2.7M | Add +43.8% |
| CLSK Cleanspark Inc. | 0.66% | 129,606 | $2.7M | Add +10.3% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.64% | 199,558 | $2.7M | New |
| META Meta Platforms Inc. Class A | 0.63% | 5,432 | $2.6M | Reduce -42.0% |
| DHR Danaher Corp. | 0.61% | 10,130 | $2.5M | Add +236.1% |
| SPGI S&P Global Inc. | 0.61% | 5,944 | $2.5M | New |
| QRVO Qorvo Inc. | 0.58% | 21,136 | $2.4M | Add +90.5% |
| WTW Willis Towers Watson PLC | 0.56% | 8,551 | $2.4M | Add +68.2% |
| ADBE Adobe Inc. | 0.56% | 4,634 | $2.3M | New |
| LYFT LYFT Inc. Class A | 0.56% | 120,294 | $2.3M | New |
| MPWR Monolithic Power Systems Inc. | 0.54% | 3,320 | $2.2M | Add +186.2% |
| EVRG Evergy Inc. | 0.53% | 41,119 | $2.2M | Add +2.8% |
| IVV iShares Core S&P 500 ETF | 0.52% | 4,157 | $2.2M | Add +339.9% |
| MCD McDonald's Corp. | 0.52% | 7,749 | $2.2M | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.52% | 28,201 | $2.2M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.52% | 16,716 | $2.1M | Add +485.1% |
| ROST Ross Stores Inc. | 0.51% | 14,558 | $2.1M | Add +51.4% |
| ISRG Intuitive Surgical Inc. | 0.51% | 5,351 | $2.1M | New |
| SNPS Synopsys Inc. | 0.51% | 3,732 | $2.1M | Reduce -47.7% |
| PBR.A Petroleo Brasil-SP Pref ADR | 0.51% | 142,283 | $2.1M | Add +5828.5% |
| RSP Invesco S&P 500 Equal Weight | 0.48% | 11,813 | $2.0M | Add +4211.3% |
| TGT Target Corp. | 0.47% | 11,109 | $2.0M | Add +453.2% |
| XEL Xcel Energy Inc. | 0.46% | 35,599 | $1.9M | Add +492.7% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.46% | 160,043 | $1.9M | Add +529.1% |
| DELL Dell Technologies -C | 0.45% | 16,541 | $1.9M | Add +513.5% |
| LNG Cheniere Energy Inc. | 0.45% | 11,688 | $1.9M | New |
| TEAM Atlassian Corp. Class A | 0.45% | 9,527 | $1.9M | New |
| GOOGL Alphabet Inc. Class A | 0.45% | 12,282 | $1.9M | Add +510.4% |
| HDB HDFC Bank Ltd.-ADR | 0.44% | 32,675 | $1.8M | Add +1166.5% |
| HUM Humana Inc. | 0.44% | 5,231 | $1.8M | Add +16774.2% |
| ADM Archer-Daniels-Midland Co. | 0.43% | 28,602 | $1.8M | Add +292.0% |
| ZTS Zoetis Inc. | 0.43% | 10,545 | $1.8M | New |
| ENB Enbridge Inc. | 0.43% | 49,221 | $1.8M | Add +1443.0% |
| AZN Astrazeneca PLC-Spons ADR | 0.42% | 26,110 | $1.8M | Reduce -15.8% |
| MSCI MSCI Inc. | 0.42% | 3,139 | $1.8M | New |
| CVNA Carvana Co. | 0.42% | 19,935 | $1.8M | Add +1109.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.42% | 6,690 | $1.7M | Add +834.4% |
| EA Electronic Arts Inc. | 0.41% | 12,950 | $1.7M | Add +11.2% |
| ORCL Oracle Corp. | 0.41% | 13,611 | $1.7M | New |
| VRSK Verisk Analytics Inc. | 0.41% | 7,166 | $1.7M | Add +731.3% |
| MU Micron Technology Inc. | 0.40% | 14,183 | $1.7M | Add +0.5% |
| UBER Uber Technologies Inc. | 0.40% | 21,476 | $1.7M | New |
| LPLA LPL Financial Holdings Inc. | 0.39% | 6,081 | $1.6M | Add +30.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 3,041 | $1.6M | New |
| CNQ Canadian Natural Resources | 0.38% | 20,771 | $1.6M | New |
| UNP Union Pacific Corp. | 0.38% | 6,378 | $1.6M | Add +3366.3% |
| LRCX Lam Research Corp. | 0.37% | 1,604 | $1.6M | Reduce -3.0% |
| KO The Coca-Cola Co. | 0.37% | 25,251 | $1.5M | Reduce -27.6% |
| VRT Vertiv Holdings Co. Class A | 0.37% | 18,768 | $1.5M | Add +100.3% |
| INCY Incyte Corp. | 0.36% | 26,099 | $1.5M | Add +553.0% |
| QQQM Invesco Nasdaq 100 ETF | 0.36% | 8,104 | $1.5M | New |
| HD Home Depot Inc. | 0.35% | 3,801 | $1.5M | Add +14.6% |
| EFA iShares MSCI Eafe ETF | 0.35% | 18,220 | $1.5M | New |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.34% | 23,345 | $1.4M | New |
| PM Philip Morris International | 0.33% | 14,823 | $1.4M | Add +211.5% |
| AMZN Amazon.com Inc. | 0.32% | 7,449 | $1.3M | Reduce -89.6% |
| SBAC SBA Communications Corp. | 0.31% | 6,034 | $1.3M | Add +92.7% |
| PROSHARES TR | 0.31% | 52,460 | $1.3M | Add +79.0% |
| WMT Walmart Inc. | 0.31% | 21,598 | $1.3M | New |
| CB Chubb Ltd. | 0.31% | 5,002 | $1.3M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.30% | 3,955 | $1.3M | Reduce -53.9% |
| MNST Monster Beverage Corp. | 0.30% | 21,233 | $1.3M | New |
| RIOT Riot Platforms Inc. | 0.30% | 101,746 | $1.2M | New |
| DD Dupont DE Nemours Inc. | 0.29% | 15,944 | $1.2M | New |
| TXRH Texas Roadhouse Inc. | 0.29% | 7,846 | $1.2M | Add +634.0% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.28% | 5,948 | $1.2M | Add +485.4% |
| ACGL Arch Capital Group Ltd. | 0.28% | 12,538 | $1.2M | Add +1.1% |
| SE Sea Ltd.-ADR | 0.28% | 21,565 | $1.2M | New |
| TAL Tal Education Group- ADR | 0.28% | 101,724 | $1.2M | New |
| COO The Cooper Cos Inc. | 0.27% | 11,189 | $1.1M | Add +233.4% |
| CINF Cincinnati Financial Corp. | 0.27% | 9,122 | $1.1M | Reduce -14.4% |
| BLK BlackRock Finance Inc. | 0.27% | 1,349 | $1.1M | New |
| BLDR Builders Firstsource Inc. | 0.27% | 5,322 | $1.1M | Reduce -10.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.27% | 29,269 | $1.1M | Reduce -77.8% |
| PWR Quanta Services Inc. | 0.26% | 4,231 | $1.1M | New |
| LBRDK Liberty Broadband-C | 0.26% | 19,168 | $1.1M | Add +142.1% |
| ABT Abbott Laboratories | 0.26% | 9,533 | $1.1M | Reduce -61.9% |
| HUBB Hubbell Inc. | 0.26% | 2,599 | $1.1M | Reduce -38.5% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -79.4% | 1.89% | −10.85 |
| TSLA Tesla Inc. | Sold out | 0.00% | −3.32 |
| AMZN Amazon.com Inc. | Reduce -89.6% | 0.32% | −2.91 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −2.01 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -93.1% | 0.10% | −1.63 |
| PEP Pepsico Inc. | Sold out | 0.00% | −1.23 |
| C Citigroup Inc. | Reduce -97.5% | 0.03% | −1.08 |
| BAC Bank of America Corp. | Reduce -77.8% | 0.27% | −1.06 |
| TLT iShares 20+ Year Treasury BD | Reduce -75.5% | 0.23% | −0.98 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -78.7% | 0.21% | −0.89 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.88 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.81 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.77 |
| NIO Nio Inc. - ADR | Sold out | 0.00% | −0.75 |
| PROSHARES SHORT S&P500 | Sold out | 0.00% | −0.65 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.64 |
| SNPS Synopsys Inc. | Reduce -47.7% | 0.51% | −0.58 |
| MELI MercadoLibre Inc. | Reduce -66.7% | 0.20% | −0.57 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.56 |
| ABT Abbott Laboratories | Reduce -61.9% | 0.26% | −0.56 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.56 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.55 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.55 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.55 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.54 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.52 |
| AXP American Express Co. | Reduce -90.0% | 0.06% | −0.52 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −0.49 |
| TQQQ Proshares Ultrapro QQQ | Sold out | 0.00% | −0.44 |
| UL Unilever PLC | Reduce -76.5% | 0.11% | −0.44 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.38 |
| CP Canadian Pacific Kansas City | Reduce -99.3% | 0.00% | −0.38 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.38 |
| META Meta Platforms Inc. Class A | Reduce -42.0% | 0.63% | −0.35 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -53.9% | 0.30% | −0.35 |
| ILMN Illumina Inc. | Reduce -71.0% | 0.10% | −0.34 |
| HOLX Hologic Inc. | Reduce -83.2% | 0.06% | −0.33 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.33 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -48.7% | 0.24% | −0.33 |
| COST Costco Wholesale Corp. | Reduce -92.3% | 0.02% | −0.33 |
| EEM iShares MSCI Emerging Market | Reduce -90.4% | 0.03% | −0.32 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.32 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −0.32 |
| AIG American International Group | Reduce -87.8% | 0.04% | −0.30 |
| WDAY Workday Inc. Class A | Reduce -6.2% | 0.86% | −0.29 |
| AMC AMC Entertainment HLDS Class A | Sold out | 0.00% | −0.27 |
| GFI Gold Fields Ltd.-Spons ADR | Sold out | 0.00% | −0.27 |
| CYTK Cytokinetics Inc. | Sold out | 0.00% | −0.26 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.25 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -86.2% | 0.03% | −0.25 |
Portfolio Buys Q4 2023 → Q1 2024
| MSFT Microsoft Corp. | New | 1.72% | +1.72 |
| LIN Linde PLC | Add +1757.9% | 1.65% | +1.55 |
| VOO Vanguard S&P 500 ETF | Add +255.4% | 2.15% | +1.47 |
| ASML ASML Holding NV-NY Reg SHS | New | 1.16% | +1.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +32205.9% | 1.11% | +1.11 |
| RIO Rio Tinto PLC-Spon ADR | Add +5544.5% | 1.13% | +1.10 |
| AVGO Broadcom Inc. | New | 1.04% | +1.04 |
| PBR Petroleo Brasileiro-Spon ADR | Add +7414.1% | 1.06% | +1.04 |
| VALE Vale SA-SP ADR | Add +457.3% | 1.32% | +0.94 |
| NVDA Nvidia Corp. | Add +7.8% | 2.42% | +0.89 |
| AMAT Applied Materials Inc. | Add +414.2% | 1.09% | +0.88 |
| ANSS Ansys Inc. | New | 0.84% | +0.84 |
| NOW ServiceNow Inc. | Add +990.5% | 0.87% | +0.78 |
| V Visa Inc. Class A | Add +1901.8% | 0.82% | +0.77 |
| T AT&T Inc. | Add +372.7% | 1.02% | +0.77 |
| NFLX Netflix Inc. | New | 0.76% | +0.76 |
| PG The Procter & Gamble Co. | New | 0.69% | +0.69 |
| F Ford Motor Co. | New | 0.64% | +0.64 |
| SPGI S&P Global Inc. | New | 0.61% | +0.61 |
| ADBE Adobe Inc. | New | 0.56% | +0.56 |
| LYFT LYFT Inc. Class A | New | 0.56% | +0.56 |
| MCD McDonald's Corp. | New | 0.52% | +0.52 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.52% | +0.52 |
| VRSN Verisign Inc. | Add +189.9% | 0.97% | +0.52 |
| ISRG Intuitive Surgical Inc. | New | 0.51% | +0.51 |
| PBR.A Petroleo Brasil-SP Pref ADR | Add +5828.5% | 0.51% | +0.50 |
| RSP Invesco S&P 500 Equal Weight | Add +4211.3% | 0.48% | +0.47 |
| LNG Cheniere Energy Inc. | New | 0.45% | +0.45 |
| TEAM Atlassian Corp. Class A | New | 0.45% | +0.45 |
| HUM Humana Inc. | Add +16774.2% | 0.44% | +0.43 |
| ZTS Zoetis Inc. | New | 0.43% | +0.43 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +485.1% | 0.52% | +0.43 |
| MSCI MSCI Inc. | New | 0.42% | +0.42 |
| ORCL Oracle Corp. | New | 0.41% | +0.41 |
| DHR Danaher Corp. | Add +236.1% | 0.61% | +0.40 |
| UBER Uber Technologies Inc. | New | 0.40% | +0.40 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +529.1% | 0.46% | +0.40 |
| CVNA Carvana Co. | Add +1109.7% | 0.42% | +0.39 |
| ENB Enbridge Inc. | Add +1443.0% | 0.43% | +0.39 |
| DELL Dell Technologies -C | Add +513.5% | 0.45% | +0.39 |
| IVV iShares Core S&P 500 ETF | Add +339.9% | 0.52% | +0.39 |
| HDB HDFC Bank Ltd.-ADR | Add +1166.5% | 0.44% | +0.39 |
| TGT Target Corp. | Add +453.2% | 0.47% | +0.39 |
| MA Mastercard Inc. Class A | Add +132.7% | 0.73% | +0.39 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.38% | +0.38 |
| CNQ Canadian Natural Resources | New | 0.38% | +0.38 |
| VTI VG Morningstar TS MKT ETF-US | Add +834.4% | 0.42% | +0.37 |
| UNP Union Pacific Corp. | Add +3366.3% | 0.38% | +0.36 |
| GOOGL Alphabet Inc. Class A | Add +510.4% | 0.45% | +0.36 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.36% | +0.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 695 | $942.5M | AMZN, TLT, MU, AMD, CME |
| Q1 2026 | 712 | $877.9M | MU, TSLA, GOOGL, MSFT, AMZN |
| Q4 2025 | 654 | $1.2B | AAPL, VOO, AMZN, LQD, NVDA |
| Q3 2025 | 594 | $1.3B | NVDA, AMZN, HOOD, GOOGL, ISRG |
| Q2 2025 | 1,142 | $835.2M | NVDA, PEP, DHR, BBAI, AMZN |
| Q1 2025 | 1,101 | $877.4M | META, GOOG, NVDA, GOOGL, CSX |
| Q4 2024 | 1,160 | $995.3M | SPY, AAPL, MSFT, AMZN, VOO |
| Q3 2024 | 1,142 | $869.8M | MSFT, SPY, GOOG, AAPL, PLTR |
| Q2 2024 | 1,104 | $942.6M | AAPL, AMZN, MSFT, TSLA, SPY |
| Q1 2024 | 1,215 | $416.3M | NVDA, VOO, AAPL, MSFT, LIN |