Headlands Technologies LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Headlands Technologies LLC reported 712 stock positions worth $877.9 million. Its top holding was Micron Technology (MU) at 4.0% of the portfolio, followed by Tesla (TSLA, 3.7%) and Alphabet Class A (GOOGL, 3.4%). Compared with Q4 2025, it opened 380 new positions, sold out of 322, added to 142 and reduced 188. The biggest buy was a new position in Micron Technology (MU) and the biggest sale Apple (AAPL, shares −90%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001570271
Portfolio Value
$877.9M (Q1 2026)
SEC Filing
0001570271-26-000004 ↗ filed May 13, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $416.3M Q1 2024 Q2 2024: $942.6M Q2 2024 Q3 2024: $869.8M Q3 2024 Q4 2024: $995.3M Q4 2024 Q1 2025: $877.4M Q1 2025 Q2 2025: $835.2M Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $877.9M $877.9M Q1 2026 Q2 2026: $942.5M Q2 2026

Holdings 712 stocks · $877.9M
MU Micron Technology Inc. 3.95% 102,679 $34.7M New
TSLA Tesla Inc. 3.75% 88,488 $32.9M Add +1401.6%
GOOGL Alphabet Inc. Class A 3.38% 103,226 $29.7M New
MSFT Microsoft Corp. 2.99% 70,878 $26.2M Add +61.7%
AMZN Amazon.com Inc. 2.20% 92,612 $19.3M Reduce -47.3%
WMT Walmart Inc. 2.13% 150,419 $18.7M Add +92.9%
CVX Chevron Corp. 1.55% 65,906 $13.6M Add +287.9%
WBD Warner Bros Discovery Inc. 1.49% 475,061 $13.0M Add +176.4%
XLE SS Energy Select Sector 1.45% 208,288 $12.8M Add +111.5%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 1.40% 154,515 $12.3M Add +165.5%
MSTR Strategy Inc. 1.34% 94,174 $11.8M New
GOOG Alphabet Inc. Class C 1.27% 38,972 $11.2M New
HON Honeywell International Inc. 1.24% 48,109 $10.9M New
EA Electronic Arts Inc. 1.13% 48,827 $10.0M Reduce -37.2%
BND Vanguard Total Bond Market 1.04% 123,631 $9.1M Add +40.4%
VOO Vanguard S&P 500 ETF 1.02% 15,025 $9.0M Reduce -83.0%
SHOP Shopify Inc. Class A 0.80% 58,958 $7.0M New
AAPL Apple Inc. 0.78% 27,070 $6.9M Reduce -90.0%
BKR Baker Hughes Co. 0.75% 108,171 $6.6M Add +79.8%
ORLY O'reilly Automotive Inc. 0.75% 71,465 $6.6M Add +16.8%
NDAQ Nasdaq Inc. 0.73% 75,146 $6.4M Reduce -35.7%
VCIT Vanguard Int-Term Corporate 0.70% 73,887 $6.1M Add +143.0%
ROST Ross Stores Inc. 0.69% 28,015 $6.1M Reduce -52.7%
COIN Coinbase Global Inc. Class A 0.55% 27,640 $4.8M New
C Citigroup Inc. 0.53% 41,009 $4.7M New
TEAM Atlassian Corp. Class A 0.52% 66,290 $4.5M Add +1062.0%
HOOD Robinhood Markets Inc. Class A 0.51% 64,671 $4.5M New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.49% 298,428 $4.3M Add +118.4%
DELL Dell Technologies -C 0.48% 25,755 $4.2M New
BTDR Bitdeer Technologies Group-A 0.47% 475,196 $4.1M Add +101.0%
BTI British American Tob-SP ADR 0.45% 68,263 $4.0M Add +563.1%
XEL Xcel Energy Inc. 0.45% 49,903 $4.0M Add +68.3%
CCEP Coca-Cola Europacific Partne 0.44% 42,915 $3.9M Reduce -2.3%
AG First Majestic Silver Corp. 0.44% 178,372 $3.8M New
HAS Hasbro Inc. 0.42% 39,107 $3.7M Reduce -38.2%
VTRS Viatris Inc. 0.41% 269,260 $3.6M Add +666.1%
DASH DoorDash Inc. Class A 0.41% 23,938 $3.6M New
ZBRA Zebra Technologies Corp. Class A 0.41% 17,165 $3.6M Reduce -13.1%
BKNG Booking Holdings Inc. 0.40% 830 $3.5M Reduce -72.5%
VONG Vanguard Russell 1000 Growth 0.39% 31,361 $3.4M New
MRVL Marvell Technology Inc. 0.39% 34,398 $3.4M New
QQQ Invesco QQQ Trust Series 1 0.38% 5,826 $3.4M New
FANG Diamondback Energy Inc. 0.38% 16,989 $3.4M Add +896.4%
AEP American Electric Power 0.37% 24,883 $3.3M New
META Meta Platforms Inc. Class A 0.36% 5,487 $3.1M Reduce -78.1%
VZ Verizon Communications Inc. 0.35% 61,337 $3.1M New
CB Chubb Ltd. 0.35% 9,354 $3.0M Reduce -51.2%
IBRX Immunitybio Inc. 0.35% 397,170 $3.0M New
CPRT Copart Inc. 0.34% 90,595 $3.0M Reduce -9.6%
SSNC Ss&c Technologies Holdings 0.33% 42,950 $2.9M Reduce -15.8%
CENX Century Aluminum Company 0.33% 48,903 $2.9M Reduce -36.8%
IVW iShares S&P 500 Growth ETF 0.33% 25,339 $2.9M New
WULF Terawulf Inc. 0.32% 194,436 $2.8M Add +21.4%
SFM Sprouts Farmers Market Inc. 0.32% 36,293 $2.8M Reduce -55.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.31% 56,484 $2.8M Reduce -79.6%
SYY Sysco Corp. 0.31% 38,182 $2.7M New
CAR Avis Budget Group Inc. 0.31% 18,521 $2.7M Add +11.2%
PH Parker Hannifin Corp. 0.30% 2,903 $2.6M Add +430.7%
DUOL Duolingo 0.29% 26,256 $2.6M Add +100.8%
MA Mastercard Inc. Class A 0.29% 5,076 $2.5M New
NWSA News Corp. Class A 0.29% 101,408 $2.5M Reduce -48.7%
TQQQ Proshares Ultrapro QQQ 0.28% 59,213 $2.5M New
SPGI S&P Global Inc. 0.28% 5,739 $2.4M New
BUD Anheuser-Busch Inbev-SPN ADR 0.28% 34,891 $2.4M Add +882.6%
EVRG Evergy Inc. 0.27% 29,416 $2.4M Add +343.9%
NVTS Navitas Semiconductor Corp. 0.27% 274,757 $2.4M Reduce -29.4%
GM General Motors Co. 0.27% 32,227 $2.4M Add +1058.4%
MARA Mara Holdings Inc. 0.27% 294,091 $2.4M New
ABT Abbott Laboratories 0.27% 23,164 $2.4M New
HOLX Hologic Inc. 0.27% 31,173 $2.4M New
MELI MercadoLibre Inc. 0.26% 1,329 $2.3M Add +137.3%
TMUS T-Mobile US Inc. 0.26% 10,888 $2.3M Reduce -85.4%
NIO Nio Inc. - ADR 0.26% 375,169 $2.3M New
KO The Coca-Cola Co. 0.25% 28,677 $2.2M New
MKSI MKS Inc. 0.24% 9,325 $2.1M Add +248.5%
ABNB Airbnb Inc. Class A 0.24% 16,783 $2.1M Reduce -40.0%
FAST Fastenal Co. 0.24% 45,666 $2.1M Add +128.7%
BCS Barclays PLC-Spons ADR 0.24% 99,969 $2.1M Reduce -10.3%
GRAB Grab Holdings Ltd. Class A 0.24% 570,338 $2.1M Add +35.2%
SPHR Sphere Entertainment Co. 0.24% 17,776 $2.1M Reduce -5.2%
ICE Intercontinental Exchange Inc. 0.24% 13,124 $2.1M Add +30.1%
ACN Accenture PLC Class A 0.23% 10,305 $2.0M New
UPST Upstart Holdings Inc. 0.23% 79,501 $2.0M New
LBRDK Liberty Broadband-C 0.23% 40,447 $2.0M Reduce -31.1%
SEDG Solaredge Technologies Inc. 0.23% 39,848 $2.0M Reduce -20.0%
NKTR Nektar Therapeutics 0.23% 28,244 $2.0M Reduce -31.4%
B Barrick Mining Corp. 0.23% 49,236 $2.0M New
AGIO Agios Pharmaceuticals Inc. 0.23% 59,257 $2.0M Add +12.4%
VERA Vera Therapeutics Inc. 0.23% 49,223 $2.0M Add +14.9%
VG Venture Global Inc. Class A 0.22% 125,076 $2.0M New
IAG Iamgold Corp. 0.22% 103,078 $1.9M New
CHTR Charter Communications Inc. Class A 0.22% 8,965 $1.9M Add +58.7%
VGIT Vanguard Intermediate-Term T 0.22% 32,479 $1.9M Add +59.5%
DSGX The Descartes Systems Grp 0.22% 26,982 $1.9M Add +33.2%
ISRG Intuitive Surgical Inc. 0.22% 4,181 $1.9M New
HD Home Depot Inc. 0.22% 5,823 $1.9M Add +322.3%
QUBT Quantum Computing Inc. 0.22% 277,198 $1.9M New
CTAS Cintas Corp. 0.21% 11,099 $1.9M Reduce -17.6%
SERV Serve Robotics Inc. 0.21% 221,394 $1.9M Add +54.1%
IWB iShares Russell 1000 ETF 0.21% 5,231 $1.9M Add +655.9%

Show all 712 holdings

Portfolio Sells Q4 2025 → Q1 2026
AAPL Apple Inc. Reduce -90.0% 0.78% −5.37
VOO Vanguard S&P 500 ETF Reduce -83.0% 1.02% −3.59
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −3.05
NVDA Nvidia Corp. Sold out 0.00% −2.29
AMZN Amazon.com Inc. Reduce -47.3% 2.20% −1.19
XOM Exxon Mobil Corp. Reduce -98.9% 0.03% −1.17
META Meta Platforms Inc. Class A Reduce -78.1% 0.36% −1.02
TMUS T-Mobile US Inc. Reduce -85.4% 0.26% −1.00
BAC Bank of America Corp. Reduce -79.6% 0.31% −0.95
BKNG Booking Holdings Inc. Reduce -72.5% 0.40% −0.95
ROP Roper Technologies Inc. Reduce -90.0% 0.11% −0.92
LIN Linde PLC Sold out 0.00% −0.75
NFLX Netflix Inc. Sold out 0.00% −0.70
CMCSA Comcast Corp. Class A Sold out 0.00% −0.68
ACWI iShares MSCI Acwi ETF Reduce -96.0% 0.04% −0.64
JPM JPMorgan Chase & Co. Sold out 0.00% −0.61
KMB Kimberly-Clark Corp. Sold out 0.00% −0.60
SCHW Schwab (charles) Corp. Reduce -96.1% 0.03% −0.57
EXAS Exact Sciences Corp. Sold out 0.00% −0.53
FISV Fiserv Inc. Sold out 0.00% −0.53
CDTX Cidara Therapeutics Inc. Sold out 0.00% −0.53
FCX Freeport-McMoran Inc. Sold out 0.00% −0.51
PLTR Palantir Technologies Inc. Class A Reduce -75.5% 0.19% −0.51
XLV SS Health Care Select Sector Sold out 0.00% −0.49
COHR Coherent Corp. Sold out 0.00% −0.47
INTC Intel Corp. Reduce -89.7% 0.09% −0.47
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.47
QBTS D-Wave Quantum Inc. Sold out 0.00% −0.46
FYBR Frontier Communications Pare Sold out 0.00% −0.43
SNPS Synopsys Inc. Reduce -80.8% 0.12% −0.42
ONDS Ondas Inc. Sold out 0.00% −0.41
IEF iShares 7-10 Year Treasury B Sold out 0.00% −0.41
IVV iShares Core S&P 500 ETF Sold out 0.00% −0.40
SMH Vaneck Semiconductor ETF Sold out 0.00% −0.36
RIVN Rivian Automotive Inc. Class A Sold out 0.00% −0.33
PAYX Paychex Inc. Sold out 0.00% −0.33
EQIX Equinix Inc. Reduce -81.4% 0.15% −0.31
ZM Zoom Communications Inc. Sold out 0.00% −0.29
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.28
DDOG Datadog Inc. Class A Sold out 0.00% −0.28
IEI iShares 3-7 Year Treasury Bo Sold out 0.00% −0.28
SQQQ Proshares Ultrapro Short QQQ Sold out 0.00% −0.28
IWM iShares Russell 2000 ETF Sold out 0.00% −0.28
TEM Tempus AI Inc. Class A Sold out 0.00% −0.27
XLY SS Consumer Disc Select Sect Sold out 0.00% −0.27
PG The Procter & Gamble Co. Sold out 0.00% −0.26
TSLL Dirx DLY Tsla Bul 2X ETF-Aui Sold out 0.00% −0.26
CCJ Cameco Corp. Sold out 0.00% −0.26
LUNR Intuitive Machines Inc. Sold out 0.00% −0.25
VTWO Vanguard Russell 2000 ETF Sold out 0.00% −0.25

Portfolio Buys Q4 2025 → Q1 2026
MU Micron Technology Inc. New 3.95% +3.95
TSLA Tesla Inc. Add +1401.6% 3.75% +3.53
GOOGL Alphabet Inc. Class A New 3.38% +3.38
WMT Walmart Inc. Add +92.9% 2.13% +1.40
MSTR Strategy Inc. New 1.34% +1.34
CVX Chevron Corp. Add +287.9% 1.55% +1.34
GOOG Alphabet Inc. Class C New 1.27% +1.27
HON Honeywell International Inc. New 1.24% +1.24
MSFT Microsoft Corp. Add +61.7% 2.99% +1.22
XLE SS Energy Select Sector Add +111.5% 1.45% +1.09
WBD Warner Bros Discovery Inc. Add +176.4% 1.49% +1.07
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +165.5% 1.40% +1.01
SHOP Shopify Inc. Class A New 0.80% +0.80
COIN Coinbase Global Inc. Class A New 0.55% +0.55
C Citigroup Inc. New 0.53% +0.53
BKR Baker Hughes Co. Add +79.8% 0.75% +0.52
HOOD Robinhood Markets Inc. Class A New 0.51% +0.51
BND Vanguard Total Bond Market Add +40.4% 1.04% +0.49
VCIT Vanguard Int-Term Corporate Add +143.0% 0.70% +0.48
DELL Dell Technologies -C New 0.48% +0.48
TEAM Atlassian Corp. Class A Add +1062.0% 0.52% +0.44
AG First Majestic Silver Corp. New 0.44% +0.44
DASH DoorDash Inc. Class A New 0.41% +0.41
BTI British American Tob-SP ADR Add +563.1% 0.45% +0.41
VONG Vanguard Russell 1000 Growth New 0.39% +0.39
MRVL Marvell Technology Inc. New 0.39% +0.39
QQQ Invesco QQQ Trust Series 1 New 0.38% +0.38
VTRS Viatris Inc. Add +666.1% 0.41% +0.38
AEP American Electric Power New 0.37% +0.37
FANG Diamondback Energy Inc. Add +896.4% 0.38% +0.36
VZ Verizon Communications Inc. New 0.35% +0.35
IBRX Immunitybio Inc. New 0.35% +0.35
IVW iShares S&P 500 Growth ETF New 0.33% +0.33
SYY Sysco Corp. New 0.31% +0.31
NU Nu Holdings Ltd./Cayman Isl-A Add +118.4% 0.49% +0.30
MA Mastercard Inc. Class A New 0.29% +0.29
ORLY O'reilly Automotive Inc. Add +16.8% 0.75% +0.29
TQQQ Proshares Ultrapro QQQ New 0.28% +0.28
SPGI S&P Global Inc. New 0.28% +0.28
MARA Mara Holdings Inc. New 0.27% +0.27
ABT Abbott Laboratories New 0.27% +0.27
XEL Xcel Energy Inc. Add +68.3% 0.45% +0.27
HOLX Hologic Inc. New 0.27% +0.27
NIO Nio Inc. - ADR New 0.26% +0.26
BUD Anheuser-Busch Inbev-SPN ADR Add +882.6% 0.28% +0.26
PH Parker Hannifin Corp. Add +430.7% 0.30% +0.26
GM General Motors Co. Add +1058.4% 0.27% +0.25
KO The Coca-Cola Co. New 0.25% +0.25
BTDR Bitdeer Technologies Group-A Add +101.0% 0.47% +0.25
EVRG Evergy Inc. Add +343.9% 0.27% +0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 695$942.5MAMZN, TLT, MU, AMD, CME
Q1 2026 712$877.9MMU, TSLA, GOOGL, MSFT, AMZN
Q4 2025 654$1.2BAAPL, VOO, AMZN, LQD, NVDA
Q3 2025 594$1.3BNVDA, AMZN, HOOD, GOOGL, ISRG
Q2 2025 1,142$835.2MNVDA, PEP, DHR, BBAI, AMZN
Q1 2025 1,101$877.4MMETA, GOOG, NVDA, GOOGL, CSX
Q4 2024 1,160$995.3MSPY, AAPL, MSFT, AMZN, VOO
Q3 2024 1,142$869.8MMSFT, SPY, GOOG, AAPL, PLTR
Q2 2024 1,104$942.6MAAPL, AMZN, MSFT, TSLA, SPY
Q1 2024 1,215$416.3MNVDA, VOO, AAPL, MSFT, LIN