Jain Global LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Jain Global LLC reported 851 stock positions worth $7.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.2% of the portfolio, followed by SPDR Gold Shares (GLD, 7.4%) and Tesla (TSLA, 5.2%). Compared with Q2 2025, it opened 439 new positions, sold out of 632, added to 174 and reduced 227. The biggest buy was a new position in iShares Core S&P 500 ETF (IVV) and the biggest sale an exit from Expand Energy (EXE).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0002024579
- Portfolio Value
- $7.2B (Q3 2025)
- SEC Filing
- 0000902664-25-005055 ↗ filed Nov 14, 2025
Holdings Value
Holdings 851 stocks · $7.2B
| IVV iShares Core S&P 500 ETF | 9.23% | 991,156 | $663.4M | New |
| GLD SPDR Gold Shares | 7.38% | 1,491,747 | $530.3M | Add +790.3% |
| TSLA Tesla Inc. | 5.17% | 835,349 | $371.5M | Add +97.3% |
| NVDA Nvidia Corp. | 2.83% | 1,091,272 | $203.6M | Reduce -19.4% |
| IBIT iShares Bitcoin Trust ETF | 1.88% | 2,078,778 | $135.1M | Add +42.7% |
| VOO Vanguard S&P 500 ETF | 1.40% | 164,000 | $100.4M | New |
| EEM iShares MSCI Emerging Market | 1.28% | 1,728,015 | $92.3M | Reduce -5.8% |
| PLTR Palantir Technologies Inc. Class A | 1.28% | 505,336 | $92.2M | Add +122.7% |
| KWEB Kranesh Csi China Internet | 1.13% | 1,934,766 | $81.3M | New |
| BRO Brown & Brown Inc. | 1.10% | 843,015 | $79.1M | Reduce -15.5% |
| ADSK Autodesk Inc. | 0.90% | 203,376 | $64.6M | Add +31.7% |
| HXL Hexcel Corp. | 0.84% | 961,667 | $60.3M | Add +248.3% |
| GD General Dynamics Corp. | 0.80% | 169,305 | $57.7M | Add +97.8% |
| JNJ Johnson & Johnson | 0.73% | 281,464 | $52.2M | New |
| CSX CSX Corp. | 0.70% | 1,419,435 | $50.4M | Add +194.2% |
| WAB Wabtec Corp. | 0.69% | 249,033 | $49.9M | Add +10298.0% |
| WBD Warner Bros Discovery Inc. | 0.69% | 2,554,735 | $49.9M | Reduce -50.3% |
| TMUS T-Mobile US Inc. | 0.68% | 202,997 | $48.6M | Add +64.6% |
| CRH CRH PLC | 0.67% | 400,467 | $48.0M | Add +749.5% |
| CNK Cinemark Holdings Inc. | 0.64% | 1,644,623 | $46.1M | Add +37.4% |
| ABT Abbott Laboratories | 0.62% | 334,180 | $44.8M | Add +71.7% |
| MDB Mongodb Inc. | 0.61% | 142,308 | $44.2M | Add +12.5% |
| BA The Boeing Co. | 0.61% | 202,828 | $43.8M | Add +225.3% |
| FWONK Liberty Media Corp. Class C | 0.61% | 419,042 | $43.8M | Add +6361.7% |
| AMT American Tower Corp. | 0.60% | 225,431 | $43.4M | Reduce -55.9% |
| UNP Union Pacific Corp. | 0.58% | 175,066 | $41.4M | Add +32.3% |
| CPNG Coupang Inc. | 0.57% | 1,262,858 | $40.7M | Reduce -27.7% |
| GDX Vaneck Gold Miners ETF | 0.55% | 512,898 | $39.2M | New |
| DUOL Duolingo | 0.54% | 120,182 | $38.7M | Add +423.2% |
| LMT Lockheed Martin Corp. | 0.53% | 76,249 | $38.1M | New |
| MRVL Marvell Technology Inc. | 0.52% | 443,538 | $37.3M | Add +189.6% |
| MELI MercadoLibre Inc. | 0.51% | 15,815 | $37.0M | Add +747.5% |
| CVNA Carvana Co. | 0.51% | 97,915 | $36.9M | Add +856.0% |
| LVS Las Vegas Sands Corp. | 0.51% | 674,891 | $36.3M | Add +25.0% |
| META Meta Platforms Inc. Class A | 0.50% | 48,610 | $35.7M | New |
| SMH Vaneck Semiconductor ETF | 0.50% | 109,335 | $35.7M | New |
| ALNY Alnylam Pharmaceuticals Inc. | 0.50% | 78,046 | $35.6M | Add +366.5% |
| ZS Zscaler Inc. | 0.47% | 113,235 | $33.9M | Add +273.0% |
| AMD Advanced Micro Devices | 0.47% | 207,882 | $33.6M | New |
| WDC Western Digital Corp. | 0.47% | 279,760 | $33.6M | Add +203.0% |
| PODD Insulet Corp. | 0.46% | 106,710 | $32.9M | Add +148.2% |
| ETHA iShares Ethereum Trust ETF | 0.45% | 1,032,795 | $32.5M | New |
| WMG Warner Music Group Corp. Class A | 0.45% | 946,867 | $32.3M | Reduce -53.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.44% | 285,200 | $31.8M | New |
| COIN Coinbase Global Inc. Class A | 0.41% | 87,008 | $29.4M | Add +523.0% |
| SOFI Sofi Technologies Inc. | 0.41% | 1,101,461 | $29.1M | Reduce -1.9% |
| WIX Wix.com Ltd. | 0.40% | 161,922 | $28.8M | New |
| ROST Ross Stores Inc. | 0.40% | 187,418 | $28.6M | New |
| MOD Modine Manufacturing Co. | 0.40% | 200,392 | $28.5M | New |
| MSFT Microsoft Corp. | 0.39% | 54,215 | $28.1M | New |
| H Hyatt Hotels Corp. Class A | 0.37% | 188,796 | $26.8M | Add +2.8% |
| EXAS Exact Sciences Corp. | 0.37% | 481,607 | $26.3M | New |
| CRS Carpenter Technology | 0.36% | 105,640 | $25.9M | Add +322.9% |
| DT Dynatrace Inc. | 0.36% | 534,739 | $25.9M | Add +41.9% |
| HON Honeywell International Inc. | 0.36% | 122,526 | $25.8M | Reduce -40.0% |
| QRVO Qorvo Inc. | 0.35% | 277,219 | $25.2M | Add +71.6% |
| HUBB Hubbell Inc. | 0.35% | 58,447 | $25.2M | Reduce -27.8% |
| SSNC Ss&c Technologies Holdings | 0.35% | 280,188 | $24.9M | New |
| VEEV Veeva Systems Inc. Class A | 0.34% | 82,522 | $24.6M | Add +6.6% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.34% | 515,242 | $24.2M | New |
| SEE Sealed Air Corp. | 0.34% | 683,930 | $24.2M | Add +9266.3% |
| MCO Moody's Corp. | 0.33% | 49,334 | $23.5M | Add +9.6% |
| LII Lennox International Inc. | 0.32% | 42,875 | $22.7M | Reduce -11.7% |
| IRTC Irhythm Holdings Inc. | 0.31% | 131,092 | $22.5M | New |
| AMAT Applied Materials Inc. | 0.31% | 108,965 | $22.3M | Reduce -39.7% |
| WCC Wesco International Inc. | 0.31% | 104,221 | $22.0M | Reduce -59.3% |
| W Wayfair Inc. Class A | 0.31% | 245,506 | $21.9M | Reduce -73.9% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.30% | 669,678 | $21.8M | Add +73.2% |
| CRM Salesforce Inc. | 0.30% | 92,108 | $21.8M | Reduce -59.2% |
| CART Maplebear Inc. | 0.29% | 576,112 | $21.2M | New |
| LRCX Lam Research Corp. | 0.29% | 155,945 | $20.9M | Add +75.7% |
| HUBS HubSpot Inc. | 0.28% | 43,769 | $20.5M | New |
| XLV SS Health Care Select Sector | 0.28% | 146,522 | $20.4M | Add +353.0% |
| FIVE Five Below | 0.28% | 131,021 | $20.3M | Add +114.8% |
| GOOGL Alphabet Inc. Class A | 0.28% | 82,870 | $20.1M | Add +658.5% |
| WWD Woodward Inc. | 0.28% | 78,974 | $20.0M | Add +12.2% |
| DKNG Draftkings Inc. Class A | 0.28% | 530,360 | $19.8M | Reduce -67.8% |
| ONTO Onto Innovation Inc. | 0.27% | 152,617 | $19.7M | Add +453.4% |
| PG The Procter & Gamble Co. | 0.27% | 125,824 | $19.3M | Add +2.2% |
| KRMN Karman Holdings Inc. | 0.27% | 264,630 | $19.1M | New |
| WAT Waters Corp. | 0.26% | 63,281 | $19.0M | Reduce -26.2% |
| UNH Unitedhealth Group Inc. | 0.26% | 54,055 | $18.7M | Add +36.4% |
| ETN Eaton Corp. PLC | 0.26% | 49,058 | $18.4M | Reduce -3.9% |
| MU Micron Technology Inc. | 0.25% | 108,728 | $18.2M | New |
| BRX Brixmor Property Group Inc. | 0.25% | 649,238 | $18.0M | Reduce -10.8% |
| RNST Renasant Corp. | 0.25% | 486,377 | $17.9M | Add +408.5% |
| ARES Ares Management Corp. Class A | 0.24% | 109,680 | $17.5M | New |
| AMZN Amazon.com Inc. | 0.24% | 78,777 | $17.3M | Reduce -4.4% |
| TT Trane Technologies PLC | 0.24% | 40,864 | $17.2M | New |
| BIRK Birkenstock Holding PLC | 0.24% | 375,417 | $17.0M | Reduce -43.5% |
| AME Ametek Inc. | 0.24% | 90,326 | $17.0M | New |
| WK Workiva Inc. | 0.23% | 193,941 | $16.7M | Add +26.0% |
| MKSI MKS Inc. | 0.23% | 133,197 | $16.5M | Add +132.4% |
| COST Costco Wholesale Corp. | 0.23% | 17,584 | $16.3M | New |
| WPC WP Carey Inc. | 0.22% | 235,431 | $15.9M | Reduce -33.4% |
| ONB Old National Bancorp | 0.22% | 719,299 | $15.8M | Add +324.5% |
| AKRO Akero Therapeutics Inc. | 0.21% | 325,132 | $15.4M | Reduce -5.9% |
| RKLB Rocket Lab Corp. | 0.21% | 317,705 | $15.2M | Reduce -9.4% |
| RHP Ryman Hospitality Properties | 0.21% | 169,432 | $15.2M | Add +143.9% |
| ESI Element Solutions Inc. | 0.21% | 602,102 | $15.2M | Reduce -64.3% |
Options reported separately and not counted above: GLD calls ($3.6B), SPY puts ($1.4B), GLD puts ($1.0B), EEM puts ($629.2M), SPY calls ($532.9M), TSLA puts ($437.6M), HYG puts ($370.4M), FXI puts ($361.8M), XLF puts ($330.5M), XLE puts ($245.9M), LQD puts ($245.2M), SMH puts ($244.8M), and 79 more.
Other holdings (26): bonds, preferreds, convertibles and warrants · $512.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 35,000,000 | $56.7M | Add +40.0% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 25,000,000 | $56.1M | New |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 29,500,000 | $54.2M | Add +47.5% |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 25,000,000 | $32.2M | New |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 25,000,000 | $32.1M | Add +42.9% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 25,000,000 | $28.5M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 20,000,000 | $28.2M | Add +166.7% |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 96,000 | $26.1M | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 22,500,000 | $22.6M | Add +50.0% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 22,891,000 | $22.6M | Add +52.6% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 10,000,000 | $18.9M | New |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 16,500,000 | $17.5M | Add +13.8% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 15,000,000 | $15.2M | Reduce -33.3% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 10,000,000 | $15.2M | New |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 15,000,000 | $14.5M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 15,000,000 | $14.1M | Reduce -40.0% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 10,000,000 | $12.5M | New |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 11,000,000 | $11.3M | New |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 10,000,000 | $10.4M | New |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 11,000,000 | $10.1M | Reduce -48.8% |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 3,000,000 | $8.9M | Reduce -53.9% |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | 2,500,000 | $3.5M | New |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | 170,164 | $361K | New |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | 418,238 | $112K | Add +19.5% |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 158,006 | $95K | New |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 28,579 | $45K | New |
Total filed on the 13F, all lines: $7.7B.
Portfolio Sells Q2 2025 → Q3 2025
| EXE Expand Energy Corp. | Sold out | 0.00% | −1.49 |
| WMB Williams Cos Inc. | Reduce -89.2% | 0.14% | −1.34 |
| AMT American Tower Corp. | Reduce -55.9% | 0.60% | −1.24 |
| ECL Ecolab Inc. | Reduce -83.3% | 0.18% | −1.06 |
| CMCSA Comcast Corp. Class A | Reduce -96.8% | 0.02% | −0.95 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.89 |
| DKNG Draftkings Inc. Class A | Reduce -67.8% | 0.28% | −0.88 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.84 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.75 |
| BRO Brown & Brown Inc. | Reduce -15.5% | 1.10% | −0.71 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.71 |
| CRM Salesforce Inc. | Reduce -59.2% | 0.30% | −0.70 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.69 |
| NVDA Nvidia Corp. | Reduce -19.4% | 2.83% | −0.67 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.66 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −0.64 |
| KNX Knight-Swift Transportation | Reduce -77.9% | 0.13% | −0.64 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.61 |
| FXI iShares China Large-Cap ETF | Reduce -94.0% | 0.04% | −0.61 |
| PTON Peloton Interactive Inc. Class A | Reduce -99.6% | 0.00% | −0.60 |
| BAH Booz Allen Hamilton Holdings | Sold out | 0.00% | −0.55 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.54 |
| TSCO Tractor Supply Company | Sold out | 0.00% | −0.52 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.51 |
| TRP TC Energy Corp. | Sold out | 0.00% | −0.50 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.49 |
| W Wayfair Inc. Class A | Reduce -73.9% | 0.31% | −0.48 |
| DTM DT Midstream Inc. | Sold out | 0.00% | −0.47 |
| WCC Wesco International Inc. | Reduce -59.3% | 0.31% | −0.47 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −0.45 |
| WMG Warner Music Group Corp. Class A | Reduce -53.2% | 0.45% | −0.45 |
| ETR Entergy Corp. | Sold out | 0.00% | −0.43 |
| HON Honeywell International Inc. | Reduce -40.0% | 0.36% | −0.42 |
| ESI Element Solutions Inc. | Reduce -64.3% | 0.21% | −0.41 |
| TEAM Atlassian Corp. Class A | Reduce -79.2% | 0.07% | −0.41 |
| NI Nisource Inc. | Reduce -98.7% | 0.00% | −0.41 |
| PGR Progressive Corp. | Reduce -93.4% | 0.02% | −0.39 |
| HCA HCA Healthcare Inc. | Sold out | 0.00% | −0.39 |
| PRMB Primo Brands Corp. | Sold out | 0.00% | −0.38 |
| AMCR Amcor PLC | Sold out | 0.00% | −0.36 |
| YOU Clear Secure Inc. Class A | Sold out | 0.00% | −0.36 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -95.5% | 0.02% | −0.35 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.35 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.33 |
| XLF SS Financial Select Sector | Reduce -68.3% | 0.13% | −0.33 |
| NVT Nvent Electric PLC | Reduce -72.4% | 0.14% | −0.31 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.30 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.30 |
| TRI Thomson Reuters Corp. | Reduce -74.1% | 0.06% | −0.30 |
| BIRK Birkenstock Holding PLC | Reduce -43.5% | 0.24% | −0.30 |
Portfolio Buys Q2 2025 → Q3 2025
| IVV iShares Core S&P 500 ETF | New | 9.23% | +9.23 |
| GLD SPDR Gold Shares | Add +790.3% | 7.38% | +6.54 |
| TSLA Tesla Inc. | Add +97.3% | 5.17% | +2.97 |
| VOO Vanguard S&P 500 ETF | New | 1.40% | +1.40 |
| KWEB Kranesh Csi China Internet | New | 1.13% | +1.13 |
| PLTR Palantir Technologies Inc. Class A | Add +122.7% | 1.28% | +0.78 |
| JNJ Johnson & Johnson | New | 0.73% | +0.73 |
| WAB Wabtec Corp. | Add +10298.0% | 0.69% | +0.69 |
| FWONK Liberty Media Corp. Class C | Add +6361.7% | 0.61% | +0.60 |
| CRH CRH PLC | Add +749.5% | 0.67% | +0.60 |
| HXL Hexcel Corp. | Add +248.3% | 0.84% | +0.58 |
| GDX Vaneck Gold Miners ETF | New | 0.55% | +0.55 |
| LMT Lockheed Martin Corp. | New | 0.53% | +0.53 |
| META Meta Platforms Inc. Class A | New | 0.50% | +0.50 |
| SMH Vaneck Semiconductor ETF | New | 0.50% | +0.50 |
| AMD Advanced Micro Devices | New | 0.47% | +0.47 |
| CVNA Carvana Co. | Add +856.0% | 0.51% | +0.46 |
| ETHA iShares Ethereum Trust ETF | New | 0.45% | +0.45 |
| CSX CSX Corp. | Add +194.2% | 0.70% | +0.44 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.44% | +0.44 |
| MELI MercadoLibre Inc. | Add +747.5% | 0.51% | +0.43 |
| IBIT iShares Bitcoin Trust ETF | Add +42.7% | 1.88% | +0.42 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +366.5% | 0.50% | +0.41 |
| WIX Wix.com Ltd. | New | 0.40% | +0.40 |
| ROST Ross Stores Inc. | New | 0.40% | +0.40 |
| MOD Modine Manufacturing Co. | New | 0.40% | +0.40 |
| BA The Boeing Co. | Add +225.3% | 0.61% | +0.40 |
| GD General Dynamics Corp. | Add +97.8% | 0.80% | +0.40 |
| MSFT Microsoft Corp. | New | 0.39% | +0.39 |
| DUOL Duolingo | Add +423.2% | 0.54% | +0.38 |
| WDC Western Digital Corp. | Add +203.0% | 0.47% | +0.37 |
| EXAS Exact Sciences Corp. | New | 0.37% | +0.37 |
| SSNC Ss&c Technologies Holdings | New | 0.35% | +0.35 |
| IREN Iren Ltd. | New | 0.34% | +0.34 |
| SEE Sealed Air Corp. | Add +9266.3% | 0.34% | +0.33 |
| COIN Coinbase Global Inc. Class A | Add +523.0% | 0.41% | +0.33 |
| MRVL Marvell Technology Inc. | Add +189.6% | 0.52% | +0.33 |
| ZS Zscaler Inc. | Add +273.0% | 0.47% | +0.32 |
| IRTC Irhythm Holdings Inc. | New | 0.31% | +0.31 |
| CART Maplebear Inc. | New | 0.29% | +0.29 |
| HUBS HubSpot Inc. | New | 0.28% | +0.28 |
| KRMN Karman Holdings Inc. | New | 0.27% | +0.27 |
| MU Micron Technology Inc. | New | 0.25% | +0.25 |
| GOOGL Alphabet Inc. Class A | Add +658.5% | 0.28% | +0.25 |
| CRS Carpenter Technology | Add +322.9% | 0.36% | +0.25 |
| ARES Ares Management Corp. Class A | New | 0.24% | +0.24 |
| TT Trane Technologies PLC | New | 0.24% | +0.24 |
| PODD Insulet Corp. | Add +148.2% | 0.46% | +0.24 |
| AME Ametek Inc. | New | 0.24% | +0.24 |
| ONTO Onto Innovation Inc. | Add +453.4% | 0.27% | +0.23 |
Options Activity Q2 2025 → Q3 2025
| GLD SPDR Gold Shares | call | Add +170.0% | 10,063,800 | $3.6B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +82.1% | 2,090,000 | $1.4B |
| GLD SPDR Gold Shares | put | Add +364.1% | 2,943,300 | $1.0B |
| EEM iShares MSCI Emerging Market | put | Add +14.6% | 11,782,400 | $629.2M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +196.3% | 800,000 | $532.9M |
| TSLA Tesla Inc. | put | Add +59.6% | 984,100 | $437.6M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Reduce -17.1% | 4,562,000 | $370.4M |
| FXI iShares China Large-Cap ETF | put | Add +107.0% | 8,795,400 | $361.8M |
| XLF SS Financial Select Sector | put | Add +44.4% | 6,135,000 | $330.5M |
| XLE SS Energy Select Sector | put | Add +26.8% | 2,752,600 | $245.9M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Add +1313.0% | 2,200,000 | $245.2M |
| SMH Vaneck Semiconductor ETF | put | Add +650.0% | 750,000 | $244.8M |
| GDX Vaneck Gold Miners ETF | put | Reduce -0.5% | 2,835,000 | $216.6M |
| XLV SS Health Care Select Sector | put | Add +416.7% | 1,550,000 | $215.7M |
| XLK SS Technology Select Sector | put | Reduce -66.1% | 744,600 | $209.9M |
| TLT iShares 20+ Year Treasury BD | call | Add +479.2% | 2,316,700 | $207.0M |
| NVDA Nvidia Corp. | put | Reduce -38.4% | 1,012,300 | $188.9M |
| FXI iShares China Large-Cap ETF | call | Add +122.3% | 4,445,000 | $182.9M |
| EWZ iShares MSCI Brazil ETF | put | Add +96.2% | 5,392,000 | $167.2M |
| XLI SS Industrial Select Sector | put | New | 871,700 | $134.4M |
| KWEB Kranesh Csi China Internet | put | New | 3,170,600 | $133.2M |
| EFA iShares MSCI Eafe ETF | call | New | 1,340,000 | $125.1M |
| AU Anglogold Ashanti PLC | put | New | 1,500,000 | $105.5M |
| EEM iShares MSCI Emerging Market | call | Add +56.5% | 1,956,900 | $104.5M |
| IBIT iShares Bitcoin Trust ETF | put | Add +115.2% | 1,569,300 | $102.0M |
| PLTR Palantir Technologies Inc. Class A | put | New | 497,600 | $90.8M |
| KWEB Kranesh Csi China Internet | call | Add +171.1% | 2,033,300 | $85.4M |
| GOOGL Alphabet Inc. Class A | put | Add +47.6% | 338,100 | $82.2M |
| GDX Vaneck Gold Miners ETF | call | Reduce -62.0% | 1,060,000 | $81.0M |
| TLT iShares 20+ Year Treasury BD | put | New | 894,400 | $79.9M |
| MSTR Strategy Inc. | call | New | 229,400 | $73.9M |
| EWZ iShares MSCI Brazil ETF | call | Add +16.4% | 2,327,900 | $72.2M |
| MSTR Strategy Inc. | put | Reduce -19.9% | 218,600 | $70.4M |
| AU Anglogold Ashanti PLC | call | New | 1,000,000 | $70.3M |
| KRE SS SPDR S&P Regional Bank | put | Add +83.3% | 1,100,000 | $69.6M |
| IWM iShares Russell 2000 ETF | put | New | 275,000 | $66.5M |
| BA The Boeing Co. | call | Sold out | 300,000 | $62.9Mbefore exit |
| COIN Coinbase Global Inc. Class A | put | New | 181,100 | $61.1M |
| HII Huntington Ingalls Industrie | put | New | 200,000 | $57.6M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | Add +36.6% | 700,000 | $56.8M |
| HOOD Robinhood Markets Inc. Class A | put | New | 395,000 | $56.6M |
| ESTC Elastic NV | call | New | 600,000 | $50.7M |
| AAPL Apple Inc. | put | New | 189,300 | $48.2M |
| XLE SS Energy Select Sector | call | Reduce -7.0% | 530,000 | $47.4M |
| UBS UBS Group AG-Reg | call | Add +13.8% | 1,138,100 | $46.5M |
| IGV iShares Expanded Tech-Softwa | call | New | 400,000 | $46.0M |
| META Meta Platforms Inc. Class A | put | Add +16.7% | 60,000 | $44.1M |
| EWY iShares MSCI South Korea ETF | call | New | 540,000 | $43.3M |
| IBM Intl Business Machines Corp. | put | New | 150,000 | $42.3M |
| OXY Occidental Petroleum Corp. | put | Sold out | 1,000,000 | $42.0Mbefore exit |
Showing the first 50 of 104.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Add +40.0% | 35,000,000 | $56.7M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | New | 25,000,000 | $56.1M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +47.5% | 29,500,000 | $54.2M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Sold out | 23,500,000 | $42.3Mbefore exit |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | New | 25,000,000 | $32.2M |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | Add +42.9% | 25,000,000 | $32.1M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | New | 25,000,000 | $28.5M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +166.7% | 20,000,000 | $28.2M |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | New | 96,000 | $26.1M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Add +50.0% | 22,500,000 | $22.6M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Add +52.6% | 22,891,000 | $22.6M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Sold out | 20,000,000 | $22.0Mbefore exit |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | New | 10,000,000 | $18.9M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Add +13.8% | 16,500,000 | $17.5M |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -33.3% | 15,000,000 | $15.2M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | New | 10,000,000 | $15.2M |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | New | 15,000,000 | $14.5M |
| BLOOM ENERGY CORP (BE 3 06/01/29) | NOTE 3.000% 6/0 · principal | Sold out | 10,000,000 | $14.1Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -40.0% | 15,000,000 | $14.1M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 10,000,000 | $12.5M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | New | 11,000,000 | $11.3M |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | New | 10,000,000 | $10.4M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -48.8% | 11,000,000 | $10.1M |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | Reduce -53.9% | 3,000,000 | $8.9M |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Sold out | 7,500,000 | $7.5Mbefore exit |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | NOTE 3.000% 3/0 · principal | Sold out | 5,000,000 | $5.7Mbefore exit |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/27) | NOTE 4.375% 6/0 · principal | Sold out | 4,000,000 | $4.5Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Sold out | 2,500,000 | $3.6Mbefore exit |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | New | 2,500,000 | $3.5M |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Sold out | 263,892 | $2.9Mbefore exit |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | Sold out | 1,500,000 | $1.4Mbefore exit |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | New | 170,164 | $361K |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | Add +19.5% | 418,238 | $112K |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | New | 158,006 | $95K |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | New | 28,579 | $45K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,366 | $7.8B | SPY, NVDA, MSFT, XLV, BE |
| Q1 2026 | 874 | $7.3B | GLD, EEM, NVDA, GDXJ, MU |
| Q4 2025 | 1,016 | $9.8B | IVV, SPY, TSLA, NVDA, BA |
| Q3 2025 | 851 | $7.2B | IVV, GLD, TSLA, NVDA, IBIT |
| Q2 2025 | 1,045 | $6.1B | NVDA, TSLA, AMT, BRO, EXE |
| Q1 2025 | 989 | $4.8B | IVV, NVDA, APD, MSFT, TSLA |
| Q4 2024 | 715 | $3.3B | IVV, AJG, FDX, RTX, META |