Headlands Technologies LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Headlands Technologies LLC reported 1,142 stock positions worth $869.8 million. Its top holding was Microsoft (MSFT) at 3.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 3.3%) and Alphabet Class C (GOOG, 2.4%). Compared with Q2 2024, it opened 527 new positions, sold out of 490, added to 317 and reduced 295. The biggest buy was a new position in Palantir Technologies Class A (PLTR) and the biggest sale Apple (AAPL, shares −81%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001570271
- Portfolio Value
- $869.8M (Q3 2024)
- SEC Filing
- 0001570271-24-000005 ↗ filed Nov 12, 2024
Holdings Value
Holdings 1,142 stocks · $869.8M
| MSFT Microsoft Corp. | 3.83% | 77,452 | $33.3M | Reduce -25.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.35% | 50,728 | $29.1M | Add +82.7% |
| GOOG Alphabet Inc. Class C | 2.40% | 125,083 | $20.9M | Add +109.3% |
| AAPL Apple Inc. | 1.88% | 70,258 | $16.4M | Reduce -80.6% |
| PLTR Palantir Technologies Inc. Class A | 1.77% | 413,021 | $15.4M | New |
| LLY Eli Lilly & Co. | 1.54% | 15,094 | $13.4M | Add +122.9% |
| VOO Vanguard S&P 500 ETF | 1.33% | 21,950 | $11.6M | Reduce -10.4% |
| TSM Taiwan Semiconductor-SP ADR | 1.28% | 64,205 | $11.2M | Reduce -6.1% |
| GOOGL Alphabet Inc. Class A | 1.26% | 66,318 | $11.0M | Add +334.4% |
| IVV iShares Core S&P 500 ETF | 1.25% | 18,811 | $10.9M | Add +102.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.16% | 21,899 | $10.1M | Reduce -19.6% |
| ASML ASML Holding NV-NY Reg SHS | 1.14% | 11,896 | $9.9M | Add +74.7% |
| COIN Coinbase Global Inc. Class A | 1.13% | 55,080 | $9.8M | Add +614.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.10% | 241,544 | $9.6M | Add +347.2% |
| CMCSA Comcast Corp. Class A | 1.08% | 225,825 | $9.4M | New |
| BP BP PLC-Spons ADR | 1.06% | 294,345 | $9.2M | Add +157.8% |
| TEAM Atlassian Corp. Class A | 0.86% | 47,023 | $7.5M | Add +2855.6% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.85% | 74,550 | $7.4M | Add +31.3% |
| LRCX Lam Research Corp. | 0.85% | 9,033 | $7.4M | New |
| INTU Intuit Inc. | 0.83% | 11,674 | $7.2M | New |
| MRK Merck & Co. Inc. | 0.81% | 61,937 | $7.0M | Add +47.8% |
| JNJ Johnson & Johnson | 0.80% | 43,071 | $7.0M | Add +942.9% |
| GLD SPDR Gold Shares | 0.79% | 28,400 | $6.9M | Add +247.1% |
| LPLA LPL Financial Holdings Inc. | 0.78% | 29,126 | $6.8M | New |
| ROST Ross Stores Inc. | 0.77% | 44,620 | $6.7M | Add +7.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.72% | 14,889 | $6.3M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.69% | 21,182 | $6.0M | Reduce -56.7% |
| REGN Regeneron Pharmaceuticals | 0.68% | 5,592 | $5.9M | New |
| SNPS Synopsys Inc. | 0.67% | 11,495 | $5.8M | New |
| FERG Ferguson Enterprises Inc. | 0.64% | 28,246 | $5.6M | Add +1016.9% |
| CAVA Cava Group Inc. | 0.62% | 43,675 | $5.4M | Add +10737.5% |
| META Meta Platforms Inc. Class A | 0.59% | 9,040 | $5.2M | Reduce -64.8% |
| MRO Marathon Oil Corp. | 0.57% | 186,419 | $5.0M | Reduce -24.1% |
| WDAY Workday Inc. Class A | 0.54% | 19,239 | $4.7M | Reduce -35.3% |
| CME Cme Group Inc. | 0.54% | 21,243 | $4.7M | Add +5.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.51% | 37,394 | $4.4M | Add +13.8% |
| COO The Cooper Cos Inc. | 0.50% | 39,655 | $4.4M | Add +9.2% |
| AME Ametek Inc. | 0.50% | 25,362 | $4.4M | Add +62.0% |
| MU Micron Technology Inc. | 0.50% | 41,549 | $4.3M | New |
| CHTR Charter Communications Inc. Class A | 0.49% | 13,141 | $4.3M | New |
| CVNA Carvana Co. | 0.49% | 24,422 | $4.3M | Add +91.9% |
| ILMN Illumina Inc. | 0.48% | 31,689 | $4.1M | Add +335.9% |
| BILI Bilibili Inc.-Sponsored ADR | 0.47% | 173,441 | $4.1M | Reduce -43.2% |
| VRSN Verisign Inc. | 0.46% | 21,180 | $4.0M | Reduce -32.7% |
| EVRG Evergy Inc. | 0.46% | 64,868 | $4.0M | Reduce -1.4% |
| IREN Iren Ltd. filed as IRIS ENERGY LTD | 0.45% | 461,392 | $3.9M | New |
| THC Tenet Healthcare Corp. | 0.44% | 22,787 | $3.8M | Add +58.8% |
| XEL Xcel Energy Inc. | 0.43% | 56,771 | $3.7M | Add +51.7% |
| VRSK Verisk Analytics Inc. | 0.42% | 13,575 | $3.6M | Add +221.0% |
| MAR Marriott International Class A | 0.39% | 13,815 | $3.4M | Add +354.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.39% | 7,357 | $3.4M | Add +68.3% |
| DHI D.R. Horton Inc. | 0.39% | 17,912 | $3.4M | New |
| ALL Allstate Corp. | 0.38% | 17,425 | $3.3M | New |
| WFC Wells Fargo & Co. | 0.38% | 58,414 | $3.3M | Reduce -64.3% |
| UPST Upstart Holdings Inc. | 0.38% | 82,472 | $3.3M | Add +40.8% |
| CSCO Cisco Systems Inc. | 0.37% | 61,255 | $3.3M | New |
| MCK McKesson Corp. | 0.37% | 6,535 | $3.2M | Add +2870.4% |
| PCVX Vaxcyte Inc. | 0.36% | 27,782 | $3.2M | New |
| MELI MercadoLibre Inc. | 0.36% | 1,540 | $3.2M | Add +544.4% |
| RKLB Rocket Lab USA Inc. | 0.36% | 319,465 | $3.1M | Add +368.9% |
| ANSS Ansys Inc. | 0.35% | 9,626 | $3.1M | Reduce -27.3% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.35% | 17,877 | $3.0M | Add +11.3% |
| GRAB Grab Holdings Ltd. Class A | 0.34% | 767,242 | $2.9M | Add +121.2% |
| WCN Waste Connections Inc. | 0.33% | 16,110 | $2.9M | Add +737.3% |
| MCO Moody's Corp. | 0.33% | 6,046 | $2.9M | New |
| TQQQ Proshares Ultrapro QQQ | 0.32% | 38,576 | $2.8M | New |
| VMC Vulcan Materials Co. | 0.32% | 11,067 | $2.8M | New |
| ISRG Intuitive Surgical Inc. | 0.32% | 5,629 | $2.8M | Add +1.1% |
| VOD Vodafone Group PLC-SP ADR | 0.32% | 273,805 | $2.7M | Add +515.4% |
| ZIM Zim Integrated Shipping Serv | 0.31% | 106,549 | $2.7M | Add +466.6% |
| WM Waste Management Inc. | 0.31% | 13,092 | $2.7M | New |
| ELV Elevance Health Inc. | 0.29% | 4,809 | $2.5M | Add +28.4% |
| CNQ Canadian Natural Resources | 0.29% | 75,171 | $2.5M | Add +280.5% |
| BBD Banco Bradesco-ADR | 0.28% | 928,846 | $2.5M | Add +100.1% |
| NFLX Netflix Inc. | 0.28% | 3,445 | $2.4M | New |
| SPGI S&P Global Inc. | 0.28% | 4,699 | $2.4M | New |
| ICE Intercontinental Exchange Inc. | 0.27% | 14,810 | $2.4M | Reduce -11.0% |
| KDP Keurig Dr Pepper Inc. | 0.27% | 63,042 | $2.4M | Add +74.8% |
| ACGL Arch Capital Group Ltd. | 0.27% | 20,806 | $2.3M | Add +11.5% |
| EQIX Equinix Inc. | 0.27% | 2,614 | $2.3M | Add +55.5% |
| HIMS Hims & Hers Health Inc. | 0.27% | 125,584 | $2.3M | Add +11.3% |
| MSCI MSCI Inc. | 0.27% | 3,966 | $2.3M | Reduce -59.3% |
| SHEL Shell PLC-ADR | 0.27% | 34,953 | $2.3M | New |
| SMH Vaneck Semiconductor ETF | 0.26% | 9,243 | $2.3M | Reduce -78.4% |
| ICLR Icon PLC | 0.26% | 7,799 | $2.2M | New |
| GPN Global Payments Inc. | 0.26% | 21,864 | $2.2M | Add +16.1% |
| NBIX Neurocrine Biosciences Inc. | 0.26% | 19,403 | $2.2M | Add +114.1% |
| RTX RTX Corp. | 0.26% | 18,397 | $2.2M | Reduce -73.0% |
| PFE Pfizer Inc. | 0.26% | 76,887 | $2.2M | Reduce -70.0% |
| QQQM Invesco Nasdaq 100 ETF | 0.25% | 10,928 | $2.2M | Add +468.9% |
| BECN Beacon Roofing Supply Inc. | 0.25% | 25,043 | $2.2M | Add +151.4% |
| IQ Iqiyi Inc.-ADR | 0.25% | 755,143 | $2.2M | New |
| PYPL PayPal Holdings Inc. | 0.25% | 27,562 | $2.2M | Reduce -46.0% |
| CHX Championx Corp. | 0.24% | 70,399 | $2.1M | Add +9.3% |
| RMBS Rambus Inc. | 0.24% | 49,552 | $2.1M | Add +901.5% |
| MMM 3M Co. | 0.24% | 15,206 | $2.1M | Reduce -60.2% |
| NWSA News Corp. Class A | 0.24% | 77,728 | $2.1M | Add +379.2% |
| SOUN Soundhound AI Inc. Class A | 0.23% | 436,738 | $2.0M | New |
| EDR Endeavor Group Hold Class A | 0.23% | 71,199 | $2.0M | Add +15.3% |
| VALE Vale SA-SP ADR | 0.23% | 172,516 | $2.0M | Reduce -6.7% |
Portfolio Sells Q2 2024 → Q3 2024
| AAPL Apple Inc. | Reduce -80.6% | 1.88% | −6.22 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −5.19 |
| TSLA Tesla Inc. | Sold out | 0.00% | −3.14 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −1.20 |
| AVGO Broadcom Inc. | Reduce -88.3% | 0.18% | −1.12 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −1.08 |
| MSFT Microsoft Corp. | Reduce -25.1% | 3.83% | −1.07 |
| SMH Vaneck Semiconductor ETF | Reduce -78.4% | 0.26% | −0.92 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.90 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.84 |
| META Meta Platforms Inc. Class A | Reduce -64.8% | 0.59% | −0.78 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -56.7% | 0.69% | −0.70 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.68 |
| WFC Wells Fargo & Co. | Reduce -64.3% | 0.38% | −0.65 |
| T AT&T Inc. | Sold out | 0.00% | −0.64 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.59 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.58 |
| IWF iShares Russell 1000 Growth | Reduce -84.7% | 0.12% | −0.57 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.54 |
| ONON On Holding AG Class A | Reduce -82.3% | 0.17% | −0.52 |
| PFE Pfizer Inc. | Reduce -70.0% | 0.26% | −0.51 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.49 |
| NICE Nice Ltd. - Spon ADR | Sold out | 0.00% | −0.48 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.48 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.47 |
| RTX RTX Corp. | Reduce -73.0% | 0.26% | −0.47 |
| CEG Constellation Energy | Reduce -99.1% | 0.01% | −0.44 |
| IGSB iShares 1-5Y Inv Grade Corp. | Sold out | 0.00% | −0.44 |
| BMY Bristol-Myers Squibb Co. | Reduce -85.4% | 0.10% | −0.42 |
| ARCC Ares Capital Corp. | Reduce -99.2% | 0.00% | −0.42 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.39 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.37 |
| KVUE Kenvue Inc. | Reduce -94.8% | 0.03% | −0.36 |
| ENB Enbridge Inc. | Reduce -94.5% | 0.03% | −0.35 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −0.35 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.34 |
| V Visa Inc. Class A | Reduce -81.3% | 0.09% | −0.33 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.33 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.32 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.32 |
| STLA Stellantis NV | Reduce -82.4% | 0.04% | −0.28 |
| ETN Eaton Corp. PLC | Reduce -62.0% | 0.20% | −0.26 |
| COP Conocophillips | Reduce -59.0% | 0.18% | −0.26 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −0.25 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.25 |
| TMO Thermo Fisher Scientific Inc. | Reduce -74.8% | 0.11% | −0.25 |
| INTC Intel Corp. | Reduce -78.8% | 0.05% | −0.24 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.24 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.23 |
| ROP Roper Technologies Inc. | Reduce -79.9% | 0.06% | −0.23 |
Portfolio Buys Q2 2024 → Q3 2024
| PLTR Palantir Technologies Inc. Class A | New | 1.77% | +1.77 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +82.7% | 3.35% | +1.74 |
| GOOG Alphabet Inc. Class C | Add +109.3% | 2.40% | +1.24 |
| CMCSA Comcast Corp. Class A | New | 1.08% | +1.08 |
| GOOGL Alphabet Inc. Class A | Add +334.4% | 1.26% | +0.97 |
| COIN Coinbase Global Inc. Class A | Add +614.2% | 1.13% | +0.95 |
| LLY Eli Lilly & Co. | Add +122.9% | 1.54% | +0.89 |
| BAC Bank of America Corp. | Add +347.2% | 1.10% | +0.87 |
| LRCX Lam Research Corp. | New | 0.85% | +0.85 |
| INTU Intuit Inc. | New | 0.83% | +0.83 |
| TEAM Atlassian Corp. Class A | Add +2855.6% | 0.86% | +0.83 |
| LPLA LPL Financial Holdings Inc. | New | 0.78% | +0.78 |
| JNJ Johnson & Johnson | Add +942.9% | 0.80% | +0.74 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.72% | +0.72 |
| IVV iShares Core S&P 500 ETF | Add +102.6% | 1.25% | +0.71 |
| REGN Regeneron Pharmaceuticals | New | 0.68% | +0.68 |
| SNPS Synopsys Inc. | New | 0.67% | +0.67 |
| BP BP PLC-Spons ADR | Add +157.8% | 1.06% | +0.63 |
| CAVA Cava Group Inc. | Add +10737.5% | 0.62% | +0.62 |
| GLD SPDR Gold Shares | Add +247.1% | 0.79% | +0.61 |
| FERG Ferguson Enterprises Inc. | Add +1016.9% | 0.64% | +0.59 |
| MU Micron Technology Inc. | New | 0.50% | +0.50 |
| CHTR Charter Communications Inc. Class A | New | 0.49% | +0.49 |
| IREN Iren Ltd. | New | 0.45% | +0.45 |
| ASML ASML Holding NV-NY Reg SHS | Add +74.7% | 1.14% | +0.40 |
| ILMN Illumina Inc. | Add +335.9% | 0.48% | +0.39 |
| DHI D.R. Horton Inc. | New | 0.39% | +0.39 |
| ALL Allstate Corp. | New | 0.38% | +0.38 |
| CSCO Cisco Systems Inc. | New | 0.37% | +0.37 |
| PCVX Vaxcyte Inc. | New | 0.36% | +0.36 |
| MCK McKesson Corp. | Add +2870.4% | 0.37% | +0.36 |
| MCO Moody's Corp. | New | 0.33% | +0.33 |
| RKLB Rocket Lab USA Inc. | Add +368.9% | 0.36% | +0.32 |
| MELI MercadoLibre Inc. | Add +544.4% | 0.36% | +0.32 |
| TQQQ Proshares Ultrapro QQQ | New | 0.32% | +0.32 |
| VMC Vulcan Materials Co. | New | 0.32% | +0.32 |
| MAR Marriott International Class A | Add +354.0% | 0.39% | +0.32 |
| CVNA Carvana Co. | Add +91.9% | 0.49% | +0.32 |
| WM Waste Management Inc. | New | 0.31% | +0.31 |
| VRSK Verisk Analytics Inc. | Add +221.0% | 0.42% | +0.30 |
| WCN Waste Connections Inc. | Add +737.3% | 0.33% | +0.30 |
| NFLX Netflix Inc. | New | 0.28% | +0.28 |
| SPGI S&P Global Inc. | New | 0.28% | +0.28 |
| VOD Vodafone Group PLC-SP ADR | Add +515.4% | 0.32% | +0.27 |
| ZIM Zim Integrated Shipping Serv | Add +466.6% | 0.31% | +0.27 |
| SHEL Shell PLC-ADR | New | 0.27% | +0.27 |
| MRK Merck & Co. Inc. | Add +47.8% | 0.81% | +0.26 |
| ICLR Icon PLC | New | 0.26% | +0.26 |
| IQ Iqiyi Inc.-ADR | New | 0.25% | +0.25 |
| SOUN Soundhound AI Inc. Class A | New | 0.23% | +0.23 |
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 |