Infinitum Asset Management, LLC In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Infinitum Asset Management, LLC reported 20 stock positions worth $543.8 million . Its top holding was Sea Ltd.-ADR (SE) at 16.7% of the portfolio, followed by Arrivent Biopharma (AVBP, 13.1% ) and Unity Software (U, 10.3% ). Compared with Q2 2025, it opened 4 new positions, sold out of 11, added to 5 and reduced 1. The biggest buy was a new position in Figure Technology Solut Class A (FIGR) and the biggest sale Sea Ltd.-ADR (SE, shares −9% ).
Location FORT LAUDERDALE, FL
CIK 0002058093
Portfolio Value $543.8M (Q3 2025) Holdings 20 stocks · $543.8M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2025 SE Sea Ltd.-ADR 508,088 $90.8M Reduce -9.0% AVBP Arrivent Biopharma Inc. 3,868,923 $71.4M Add +13.2% U Unity Software Inc. 1,400,000 $56.1M No change TSM Taiwan Semiconductor-SP ADR 175,000 $48.9M No change GTLB Gitlab Inc. Class A 965,166 $43.5M Add +160.9% FIGR Figure Technology Solut Class A 1,150,000 $41.8M New AMZN Amazon.com Inc. 125,000 $27.4M No change BHVN Biohaven Ltd. 1,700,000 $25.5M Add +209.1% CFLT Confluent Inc. Class A 1,250,000 $24.8M Add +19.1% GOOG Alphabet Inc. Class C 100,000 $24.4M No change FIG Figma Inc. Class A 400,000 $20.7M New FSLR First Solar Inc. 75,000 $16.5M No change ACHR Archer Aviation Inc. Class A 1,112,187 $10.7M No change ASML ASML Holding NV-NY Reg SHS 10,000 $9.7M No change EMPD Empery Digital Inc. 1,000,000 $7.5M New BNTC Benitec Biopharma Inc. 500,000 $7.0M No change TRIP Tripadvisor Inc. 380,500 $6.2M Add +23.4% MANU Manchester United PLC Class A 370,000 $5.6M No change META Meta Platforms Inc. Class A 4,000 $2.9M No change GEMI Gemini Space Station Inc. Class A 100,000 $2.4M New
Portfolio Sells Q2 2025 → Q3 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▲ SE Sea Ltd.-ADR Reduce -9.0% 16.70% −3.07 MDB Mongodb Inc. Sold out 0.00% −2.79 MU Micron Technology Inc. Sold out 0.00% −2.73 AMD Advanced Micro Devices Sold out 0.00% −2.20 ESTC Elastic NV Sold out 0.00% −1.87 RH RH Sold out 0.00% −1.67 DDOG Datadog Inc. Class A Sold out 0.00% −1.49 ETNB 89BIO Inc. Sold out 0.00% −1.09 CHYM Chime Financial Inc. Class A Sold out 0.00% −0.54 TERN Terns Pharmaceuticals Inc. Sold out 0.00% −0.17 YMAB Y-Mabs Therapeutics Inc. Sold out 0.00% −0.16 KARO Karooooo Ltd. Sold out 0.00% −0.05
Portfolio Buys Q2 2025 → Q3 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▼ FIGR Figure Technology Solut Class A New 7.69% +7.69 GTLB Gitlab Inc. Class A Add +160.9% 8.00% +4.30 FIG Figma Inc. Class A New 3.82% +3.82 BHVN Biohaven Ltd. Add +209.1% 4.69% +2.97 EMPD Empery Digital Inc. New 1.38% +1.38 GEMI Gemini Space Station Inc. Class A New 0.44% +0.44 TRIP Tripadvisor Inc. Add +23.4% 1.14% +0.25 CFLT Confluent Inc. Class A Add +19.1% 4.55% −1.25 AVBP Arrivent Biopharma Inc. Add +13.2% 13.13% −3.36
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ TRIP Tripadvisor Inc. call Sold out 722 $29Kbefore exit SRPT Sarepta Therapeutics Inc. call Sold out 1,000 $5Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 17 $983.2M SE, AVBP, U, BHVN, MANE Q1 2026 21 $799.1M SE, AVBP, U, TSM, BHVN Q4 2025 18 $675.8M SE, AVBP, BHVN, U, FIGR Q3 2025 20 $543.8M SE, AVBP, U, TSM, GTLB Q2 2025 27 $451.5M SE, AVBP, TSM, U, AMZN Q1 2025 Amended 25 $312.7M SE, AVBP, TSM, AMZN, BNTC Q4 2024 18 $189.2M SE, AVBP, ACHR, CFLT, GOOG