Jain Global LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Jain Global LLC reported 1,016 stock positions worth $9.8 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 11.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 2.2%) and Tesla (TSLA, 2.2%). Compared with Q3 2025, it opened 569 new positions, sold out of 404, added to 249 and reduced 180. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +70%) and the biggest sale SPDR Gold Shares (GLD, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0002024579
- Portfolio Value
- $9.8B (Q4 2025)
- SEC Filing
- 0000902664-26-001149 ↗ filed Feb 17, 2026
Holdings Value
Holdings 1,016 stocks · $9.8B
| IVV iShares Core S&P 500 ETF | 11.80% | 1,685,361 | $1.2B | Add +70.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.23% | 320,524 | $218.6M | New |
| TSLA Tesla Inc. | 2.22% | 483,245 | $217.3M | Reduce -42.1% |
| NVDA Nvidia Corp. | 2.14% | 1,121,223 | $209.1M | Add +2.7% |
| BA The Boeing Co. | 1.53% | 689,524 | $149.7M | Add +240.0% |
| AVGO Broadcom Inc. | 1.36% | 383,882 | $132.9M | New |
| HD Home Depot Inc. | 1.24% | 351,833 | $121.1M | New |
| AMZN Amazon.com Inc. | 1.23% | 520,960 | $120.2M | Add +561.3% |
| CSX CSX Corp. | 1.20% | 3,224,264 | $116.9M | Add +127.2% |
| GOOGL Alphabet Inc. Class A | 1.12% | 349,144 | $109.3M | Add +321.3% |
| ATI Ati Inc. | 0.78% | 665,276 | $76.3M | Add +3017.7% |
| WMB Williams Cos Inc. | 0.76% | 1,241,031 | $74.6M | Add +700.1% |
| JNJ Johnson & Johnson | 0.74% | 351,954 | $72.8M | Add +25.0% |
| HUBS HubSpot Inc. | 0.73% | 178,865 | $71.8M | Add +308.7% |
| BRO Brown & Brown Inc. | 0.69% | 843,015 | $67.2M | No change |
| MRVL Marvell Technology Inc. | 0.67% | 770,004 | $65.4M | Add +73.6% |
| SCHW Schwab (charles) Corp. | 0.66% | 650,757 | $65.0M | Add +325.9% |
| PLTR Palantir Technologies Inc. Class A | 0.66% | 365,323 | $64.9M | Reduce -27.7% |
| MRK Merck & Co. Inc. | 0.65% | 605,675 | $63.8M | Add +862.7% |
| HWM Howmet Aerospace Inc. | 0.65% | 308,381 | $63.2M | New |
| BIIB Biogen Inc. | 0.64% | 353,173 | $62.2M | New |
| PKG Packaging Corp. of America | 0.62% | 295,834 | $61.0M | New |
| GLD SPDR Gold Shares | 0.62% | 153,079 | $60.7M | Reduce -89.7% |
| ABT Abbott Laboratories | 0.62% | 481,379 | $60.3M | Add +44.0% |
| AIG American International Group | 0.60% | 685,948 | $58.7M | New |
| BX Blackstone Inc. | 0.59% | 376,583 | $58.0M | Add +605.8% |
| GDXJ Vaneck Junior Gold Miners | 0.59% | 510,001 | $58.0M | New |
| PEN Penumbra Inc. | 0.58% | 183,024 | $56.9M | Add +462.3% |
| ADSK Autodesk Inc. | 0.58% | 191,982 | $56.8M | Reduce -5.6% |
| MSFT Microsoft Corp. | 0.56% | 113,998 | $55.1M | Add +110.3% |
| SPOT Spotify Technology SA | 0.56% | 94,068 | $54.6M | Add +484.9% |
| GPC Genuine Parts Co. | 0.55% | 437,395 | $53.8M | New |
| ALK Alaska Air Group Inc. | 0.55% | 1,067,255 | $53.7M | New |
| ESI Element Solutions Inc. | 0.54% | 2,127,297 | $53.2M | Add +253.3% |
| MU Micron Technology Inc. | 0.53% | 180,893 | $51.6M | Add +66.4% |
| AAPL Apple Inc. | 0.52% | 188,258 | $51.2M | Add +348.8% |
| ARGX Argenx SE - ADR | 0.50% | 58,250 | $49.0M | Add +2472.9% |
| FTNT Fortinet Inc. | 0.50% | 612,563 | $48.6M | New |
| LPLA LPL Financial Holdings Inc. | 0.48% | 131,527 | $47.0M | Add +7256.1% |
| ASND Ascendis Pharma A/S | 0.47% | 216,526 | $46.2M | Add +502.1% |
| ICE Intercontinental Exchange Inc. | 0.47% | 284,347 | $46.1M | Add +2672.2% |
| TRV The Travelers Cos Inc. | 0.47% | 157,724 | $45.7M | New |
| CRM Salesforce Inc. | 0.46% | 170,707 | $45.2M | Add +85.3% |
| URI United Rentals Inc. | 0.44% | 52,801 | $42.7M | New |
| ROST Ross Stores Inc. | 0.43% | 231,534 | $41.7M | Add +23.5% |
| H Hyatt Hotels Corp. Class A | 0.42% | 258,249 | $41.4M | Add +36.8% |
| LII Lennox International Inc. | 0.42% | 84,445 | $41.0M | Add +97.0% |
| GRAB Grab Holdings Ltd. Class A | 0.42% | 8,212,301 | $41.0M | New |
| XOVR Ershares Private-Public Cros | 0.41% | 2,000,000 | $40.3M | New |
| SE Sea Ltd.-ADR | 0.41% | 313,087 | $39.9M | Add +1086.1% |
| CVLT Commvault Systems Inc. | 0.41% | 316,117 | $39.6M | Add +2137.1% |
| SLVM Sylvamo Corp. | 0.40% | 811,467 | $39.1M | New |
| CPNG Coupang Inc. | 0.40% | 1,637,676 | $38.6M | Add +29.7% |
| JCI Johnson Controls Internation | 0.39% | 322,348 | $38.6M | New |
| FIS Fidelity National Info Serv | 0.39% | 575,358 | $38.2M | Add +352.1% |
| RAL Ralliant Corp. | 0.38% | 727,254 | $37.0M | New |
| EWZ iShares MSCI Brazil ETF | 0.38% | 1,157,520 | $36.8M | Add +171.9% |
| UNP Union Pacific Corp. | 0.37% | 157,212 | $36.4M | Reduce -10.2% |
| DKNG Draftkings Inc. Class A | 0.37% | 1,051,037 | $36.2M | Add +98.2% |
| ZS Zscaler Inc. | 0.37% | 160,461 | $36.1M | Add +41.7% |
| LULU Lululemon Athletica Inc. | 0.37% | 172,474 | $35.8M | Add +843.7% |
| WMG Warner Music Group Corp. Class A | 0.36% | 1,158,137 | $35.5M | Add +22.3% |
| APH Amphenol Corp. Class A | 0.36% | 259,509 | $35.1M | Add +1379.5% |
| EEM iShares MSCI Emerging Market | 0.36% | 640,100 | $35.0M | Reduce -63.0% |
| LVS Las Vegas Sands Corp. | 0.36% | 535,088 | $34.8M | Reduce -20.7% |
| BR Broadridge Financial Solutio | 0.35% | 155,182 | $34.6M | New |
| GDX Vaneck Gold Miners ETF | 0.35% | 395,488 | $33.9M | Reduce -22.9% |
| UNH Unitedhealth Group Inc. | 0.34% | 101,053 | $33.4M | Add +86.9% |
| EMR Emerson Electric Co. | 0.34% | 251,147 | $33.3M | New |
| GBCI Glacier Bancorp Inc. | 0.34% | 750,098 | $33.0M | Add +289.5% |
| CRDO Credo Technology Group Holdi | 0.33% | 227,555 | $32.7M | Add +872.3% |
| HLT Hilton Worldwide Holdings Inc. | 0.33% | 113,973 | $32.7M | Add +1173.4% |
| V Visa Inc. Class A | 0.33% | 92,917 | $32.6M | Add +159.5% |
| FDX FedEx Corp. | 0.32% | 107,574 | $31.1M | Add +1016.5% |
| MDGL Madrigal Pharmaceuticals Inc. | 0.31% | 52,721 | $30.7M | New |
| WAT Waters Corp. | 0.31% | 80,712 | $30.7M | Add +27.6% |
| XBI SS SPDR S&P Biotech ETF | 0.31% | 249,894 | $30.5M | Add +165.9% |
| ONC Beone Medicines Ltd.-ADR | 0.30% | 97,335 | $29.6M | Add +257.9% |
| DOV Dover Corp. | 0.30% | 150,986 | $29.5M | New |
| COHR Coherent Corp. | 0.30% | 159,684 | $29.5M | Add +90.5% |
| SOFI Sofi Technologies Inc. | 0.30% | 1,111,964 | $29.1M | Add +0.9% |
| FAST Fastenal Co. | 0.29% | 702,659 | $28.2M | New |
| IONS Ionis Pharmaceuticals Inc. | 0.29% | 356,259 | $28.2M | Add +57.8% |
| MSI Motorola Solutions Inc. | 0.29% | 73,385 | $28.1M | New |
| BKNG Booking Holdings Inc. | 0.29% | 5,226 | $28.0M | Add +6121.4% |
| BRX Brixmor Property Group Inc. | 0.28% | 1,048,842 | $27.5M | Add +61.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.28% | 25,506 | $27.3M | Add +1943.8% |
| CNI Canadian Natl Railway Co. | 0.28% | 274,339 | $27.1M | Add +11307.0% |
| PWR Quanta Services Inc. | 0.28% | 63,925 | $27.0M | New |
| SGOL Abrdn Physical Gold Shares | 0.27% | 644,220 | $26.5M | New |
| WWD Woodward Inc. | 0.27% | 87,237 | $26.4M | Add +10.5% |
| MOD Modine Manufacturing Co. | 0.27% | 197,255 | $26.3M | Reduce -1.6% |
| CDW CDW Corp. | 0.27% | 192,914 | $26.3M | Add +895.7% |
| DTM DT Midstream Inc. | 0.27% | 218,047 | $26.1M | New |
| AME Ametek Inc. | 0.26% | 126,189 | $25.9M | Add +39.7% |
| TDG Transdigm Group Inc. | 0.26% | 19,282 | $25.6M | New |
| CHDN Churchill Downs Inc. | 0.26% | 225,099 | $25.6M | Add +5973.9% |
| RKLB Rocket Lab Corp. | 0.26% | 366,055 | $25.5M | Add +15.2% |
| CVX Chevron Corp. | 0.26% | 166,807 | $25.4M | New |
| LOW Lowe's Cos Inc. | 0.26% | 105,238 | $25.4M | New |
Options reported separately and not counted above: GLD calls ($1.4B), HYG puts ($938.9M), SPY puts ($922.0M), EEM puts ($568.5M), TLT calls ($507.9M), GDX puts ($337.1M), IWM puts ($320.0M), KRE puts ($232.9M), BA calls ($217.1M), XLF puts ($205.1M), SMH puts ($196.3M), XLK puts ($177.1M), and 121 more.
Other holdings (37): bonds, preferreds, convertibles and warrants · $459.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 34,500,000 | $50.2M | Reduce -1.4% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 13,908,000 | $39.5M | New |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | 27,500,000 | $39.0M | Add +10.0% |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | 25,000,000 | $38.8M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 25,000,000 | $33.2M | Add +25.0% |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 25,000,000 | $31.8M | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 25,000,000 | $29.9M | No change |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 21,250,000 | $24.6M | Reduce -15.0% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 15,000,000 | $23.3M | Reduce -49.1% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 22,891,000 | $22.8M | No change |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | 55,000 | $20.1M | Reduce -42.7% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 15,000,000 | $14.9M | New |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 15,000,000 | $14.7M | No change |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 12,500,000 | $12.1M | Add +25.0% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 9,500,000 | $10.7M | Reduce -13.6% |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 3,000,000 | $10.5M | No change |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 9,500,000 | $9.4M | New |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 7,615,000 | $7.8M | New |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 5,000,000 | $7.4M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 7,000,000 | $7.3M | New |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | 110,000 | $6.0M | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 5,000,000 | $4.8M | Reduce -77.8% |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | 300,000 | $240K | Reduce -28.3% |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 | 90,918 | $193K | New |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | 223,575 | $130K | New |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 227,390 | $80K | New |
| PACHW Pioneer Acquisition I Corp. | *W EXP 06/16/203 | 250,000 | $60K | New |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | 250,000 | $55K | New |
| OTGAW Otg Acquisition Corp. I - 30 | *W EXP 09/05/203 | 125,000 | $40K | No change |
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | 50,000 | $40K | New |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | 50,000 | $33K | Reduce -50.0% |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | 66,666 | $32K | Reduce -71.4% |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | 43,750 | $32K | Reduce -50.0% |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | 32,844 | $27K | New |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | 15,144 | $23K | New |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | 81,250 | $22K | New |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | 25,000 | $13K | New |
Total filed on the 13F, all lines: $10.2B.
Portfolio Sells Q3 2025 → Q4 2025
| GLD SPDR Gold Shares | Reduce -89.7% | 0.62% | −6.76 |
| TSLA Tesla Inc. | Reduce -42.1% | 2.22% | −2.95 |
| IBIT iShares Bitcoin Trust ETF | Reduce -82.7% | 0.18% | −1.70 |
| VOO Vanguard S&P 500 ETF | Reduce -97.0% | 0.03% | −1.37 |
| KWEB Kranesh Csi China Internet | Reduce -74.3% | 0.17% | −0.96 |
| EEM iShares MSCI Emerging Market | Reduce -63.0% | 0.36% | −0.93 |
| HXL Hexcel Corp. | Sold out | 0.00% | −0.84 |
| GD General Dynamics Corp. | Reduce -91.7% | 0.05% | −0.76 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.68 |
| CRH CRH PLC | Sold out | 0.00% | −0.67 |
| CNK Cinemark Holdings Inc. | Sold out | 0.00% | −0.64 |
| WBD Warner Bros Discovery Inc. | Reduce -92.2% | 0.06% | −0.64 |
| PLTR Palantir Technologies Inc. Class A | Reduce -27.7% | 0.66% | −0.62 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.60 |
| DUOL Duolingo | Sold out | 0.00% | −0.54 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.53 |
| WAB Wabtec Corp. | Reduce -68.7% | 0.17% | −0.52 |
| FWONK Liberty Media Corp. Class C | Reduce -78.5% | 0.09% | −0.52 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.51 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.50 |
| ALNY Alnylam Pharmaceuticals Inc. | Sold out | 0.00% | −0.50 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.47 |
| MELI MercadoLibre Inc. | Reduce -81.2% | 0.06% | −0.45 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −0.45 |
| META Meta Platforms Inc. Class A | Reduce -71.6% | 0.09% | −0.40 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.40 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.36 |
| MDB Mongodb Inc. | Reduce -57.8% | 0.26% | −0.36 |
| PODD Insulet Corp. | Reduce -66.2% | 0.10% | −0.35 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.35 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.34 |
| IREN Iren Ltd. | Sold out | 0.00% | −0.34 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.33 |
| HON Honeywell International Inc. | Reduce -86.7% | 0.03% | −0.33 |
| COIN Coinbase Global Inc. Class A | Reduce -56.6% | 0.09% | −0.32 |
| ADSK Autodesk Inc. | Reduce -5.6% | 0.58% | −0.32 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.31 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.31 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.30 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.29 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.28 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -49.9% | 0.16% | −0.28 |
| VEEV Veeva Systems Inc. Class A | Reduce -59.8% | 0.08% | −0.27 |
| W Wayfair Inc. Class A | Reduce -84.5% | 0.04% | −0.27 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.26 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.24 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.24 |
| KRMN Karman Holdings Inc. | Reduce -85.8% | 0.03% | −0.24 |
| SSNC Ss&c Technologies Holdings | Reduce -52.7% | 0.12% | −0.23 |
| AMD Advanced Micro Devices | Reduce -45.1% | 0.25% | −0.22 |
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +70.0% | 11.80% | +2.57 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 2.23% | +2.23 |
| AVGO Broadcom Inc. | New | 1.36% | +1.36 |
| HD Home Depot Inc. | New | 1.24% | +1.24 |
| AMZN Amazon.com Inc. | Add +561.3% | 1.23% | +0.99 |
| BA The Boeing Co. | Add +240.0% | 1.53% | +0.92 |
| GOOGL Alphabet Inc. Class A | Add +321.3% | 1.12% | +0.84 |
| ATI Ati Inc. | Add +3017.7% | 0.78% | +0.76 |
| HWM Howmet Aerospace Inc. | New | 0.65% | +0.65 |
| BIIB Biogen Inc. | New | 0.64% | +0.64 |
| WMB Williams Cos Inc. | Add +700.1% | 0.76% | +0.63 |
| PKG Packaging Corp. of America | New | 0.62% | +0.62 |
| AIG American International Group | New | 0.60% | +0.60 |
| GDXJ Vaneck Junior Gold Miners | New | 0.59% | +0.59 |
| MRK Merck & Co. Inc. | Add +862.7% | 0.65% | +0.58 |
| GPC Genuine Parts Co. | New | 0.55% | +0.55 |
| ALK Alaska Air Group Inc. | New | 0.55% | +0.55 |
| FTNT Fortinet Inc. | New | 0.50% | +0.50 |
| CSX CSX Corp. | Add +127.2% | 1.20% | +0.49 |
| ARGX Argenx SE - ADR | Add +2472.9% | 0.50% | +0.48 |
| LPLA LPL Financial Holdings Inc. | Add +7256.1% | 0.48% | +0.47 |
| TRV The Travelers Cos Inc. | New | 0.47% | +0.47 |
| PEN Penumbra Inc. | Add +462.3% | 0.58% | +0.47 |
| BX Blackstone Inc. | Add +605.8% | 0.59% | +0.47 |
| SCHW Schwab (charles) Corp. | Add +325.9% | 0.66% | +0.46 |
| HUBS HubSpot Inc. | Add +308.7% | 0.73% | +0.45 |
| ICE Intercontinental Exchange Inc. | Add +2672.2% | 0.47% | +0.45 |
| URI United Rentals Inc. | New | 0.44% | +0.44 |
| GRAB Grab Holdings Ltd. Class A | New | 0.42% | +0.42 |
| XOVR Ershares Private-Public Cros | New | 0.41% | +0.41 |
| SPOT Spotify Technology SA | Add +484.9% | 0.56% | +0.40 |
| SLVM Sylvamo Corp. | New | 0.40% | +0.40 |
| JCI Johnson Controls Internation | New | 0.39% | +0.39 |
| RAL Ralliant Corp. | New | 0.38% | +0.38 |
| AAPL Apple Inc. | Add +348.8% | 0.52% | +0.37 |
| ASND Ascendis Pharma A/S | Add +502.1% | 0.47% | +0.37 |
| CVLT Commvault Systems Inc. | Add +2137.1% | 0.41% | +0.37 |
| BR Broadridge Financial Solutio | New | 0.35% | +0.35 |
| SE Sea Ltd.-ADR | Add +1086.1% | 0.41% | +0.34 |
| EMR Emerson Electric Co. | New | 0.34% | +0.34 |
| ESI Element Solutions Inc. | Add +253.3% | 0.54% | +0.33 |
| APH Amphenol Corp. Class A | Add +1379.5% | 0.36% | +0.33 |
| LULU Lululemon Athletica Inc. | Add +843.7% | 0.37% | +0.32 |
| MDGL Madrigal Pharmaceuticals Inc. | New | 0.31% | +0.31 |
| HLT Hilton Worldwide Holdings Inc. | Add +1173.4% | 0.33% | +0.30 |
| DOV Dover Corp. | New | 0.30% | +0.30 |
| FAST Fastenal Co. | New | 0.29% | +0.29 |
| MSI Motorola Solutions Inc. | New | 0.29% | +0.29 |
| CRDO Credo Technology Group Holdi | Add +872.3% | 0.33% | +0.29 |
| FDX FedEx Corp. | Add +1016.5% | 0.32% | +0.29 |
Options Activity Q3 2025 → Q4 2025
| GLD SPDR Gold Shares | call | Reduce -64.8% | 3,546,500 | $1.4B |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +155.3% | 11,645,100 | $938.9M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -35.3% | 1,352,000 | $922.0M |
| EEM iShares MSCI Emerging Market | put | Reduce -11.8% | 10,391,000 | $568.5M |
| TLT iShares 20+ Year Treasury BD | call | Add +151.5% | 5,826,900 | $507.9M |
| GDX Vaneck Gold Miners ETF | put | Add +38.6% | 3,930,700 | $337.1M |
| IWM iShares Russell 2000 ETF | put | Add +372.7% | 1,300,000 | $320.0M |
| KRE SS SPDR S&P Regional Bank | put | Add +226.7% | 3,593,100 | $232.9M |
| BA The Boeing Co. | call | New | 1,000,000 | $217.1M |
| XLF SS Financial Select Sector | put | Reduce -39.0% | 3,744,100 | $205.1M |
| SMH Vaneck Semiconductor ETF | put | Reduce -27.3% | 545,000 | $196.3M |
| XLK SS Technology Select Sector | put | Reduce -17.4% | 1,230,200 | $177.1M |
| TSLA Tesla Inc. | put | Reduce -61.1% | 382,900 | $172.2M |
| FXI iShares China Large-Cap ETF | put | Reduce -49.2% | 4,469,000 | $171.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -68.8% | 250,000 | $170.5M |
| GLD SPDR Gold Shares | put | Reduce -86.3% | 403,100 | $159.8M |
| GDXJ Vaneck Junior Gold Miners | put | New | 1,349,600 | $153.6M |
| NVDA Nvidia Corp. | put | Reduce -27.0% | 739,300 | $137.9M |
| AU Anglogold Ashanti PLC | put | Add +3.7% | 1,555,000 | $132.6M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Reduce -45.5% | 1,200,000 | $132.2M |
| GOOGL Alphabet Inc. Class A | put | Add +20.9% | 408,900 | $128.0M |
| TLT iShares 20+ Year Treasury BD | put | Add +63.5% | 1,462,300 | $127.5M |
| XLE SS Energy Select Sector | put | Reduce -53.8% | 2,545,000 | $113.8M |
| GDX Vaneck Gold Miners ETF | call | Add +15.0% | 1,218,700 | $104.5M |
| KWEB Kranesh Csi China Internet | call | Add +41.6% | 2,878,600 | $98.0M |
| EWZ iShares MSCI Brazil ETF | call | Add +30.1% | 3,027,900 | $96.2M |
| XLI SS Industrial Select Sector | call | Add +452.5% | 552,500 | $85.7M |
| GDXJ Vaneck Junior Gold Miners | call | New | 692,300 | $78.8M |
| CAT Caterpillar Inc. | call | New | 127,500 | $73.0M |
| EFA iShares MSCI Eafe ETF | call | Reduce -44.0% | 750,000 | $72.0M |
| XLV SS Health Care Select Sector | put | Reduce -71.0% | 450,000 | $69.7M |
| PLTR Palantir Technologies Inc. Class A | put | Reduce -22.8% | 384,400 | $68.3M |
| BABA Alibaba Group Holding-SP ADR | put | New | 463,000 | $67.9M |
| CAT Caterpillar Inc. | put | New | 115,000 | $65.9M |
| EWZ iShares MSCI Brazil ETF | put | Reduce -62.9% | 2,000,000 | $63.5M |
| MU Micron Technology Inc. | put | New | 218,500 | $62.4M |
| XBI SS SPDR S&P Biotech ETF | call | New | 500,000 | $61.0M |
| EFA iShares MSCI Eafe ETF | put | Add +140.0% | 600,000 | $57.6M |
| HII Huntington Ingalls Industrie | put | Sold out | 200,000 | $57.6Mbefore exit |
| META Meta Platforms Inc. Class A | put | Add +44.5% | 86,700 | $57.2M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | Sold out | 700,000 | $56.8Mbefore exit |
| XLI SS Industrial Select Sector | put | Reduce -59.9% | 350,000 | $54.3M |
| AVGO Broadcom Inc. | call | New | 150,000 | $51.9M |
| XHB SS SPDR S&P Homebldrs ETF | call | New | 500,000 | $51.5M |
| ESTC Elastic NV | call | Sold out | 600,000 | $50.7Mbefore exit |
| AMD Advanced Micro Devices | put | Add +94.0% | 236,700 | $50.7M |
| EEM iShares MSCI Emerging Market | call | Reduce -53.5% | 909,500 | $49.8M |
| QQQ Invesco QQQ Trust Series 1 | put | New | 77,500 | $47.6M |
| EWC iShares MSCI Canada ETF | put | Add +373.0% | 875,000 | $47.2M |
| UBS UBS Group AG-Reg | call | Sold out | 1,138,100 | $46.5Mbefore exit |
Showing the first 50 of 141.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -1.4% | 34,500,000 | $50.2M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | New | 13,908,000 | $39.5M |
| UGI CORP (UGI 5 06/01/28) | NOTE 5.000% 6/0 · principal | Add +10.0% | 27,500,000 | $39.0M |
| SNOWFLAKE INC (SNOW 0 10/01/29) | NOTE 10/0 · principal | New | 25,000,000 | $38.8M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +25.0% | 25,000,000 | $33.2M |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | Reduce -15.0% | 21,250,000 | $24.6M |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Reduce -49.1% | 15,000,000 | $23.3M |
| BRUKER CORP (BRKR 6.375 09/01/28) | 6.375 PREF SER A | Reduce -42.7% | 55,000 | $20.1M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | Sold out | 10,000,000 | $18.9Mbefore exit |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Sold out | 16,500,000 | $17.5Mbefore exit |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Sold out | 15,000,000 | $15.2Mbefore exit |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | Sold out | 10,000,000 | $15.2Mbefore exit |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | New | 15,000,000 | $14.9M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Sold out | 15,000,000 | $14.1Mbefore exit |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Sold out | 10,000,000 | $12.5Mbefore exit |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | Add +25.0% | 12,500,000 | $12.1M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Sold out | 11,000,000 | $11.3Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -13.6% | 9,500,000 | $10.7M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | New | 9,500,000 | $9.4M |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | New | 7,615,000 | $7.8M |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | New | 5,000,000 | $7.4M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | New | 7,000,000 | $7.3M |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | New | 110,000 | $6.0M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Reduce -77.8% | 5,000,000 | $4.8M |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | Sold out | 2,500,000 | $3.5Mbefore exit |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | Sold out | 170,164 | $361Kbefore exit |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | Reduce -28.3% | 300,000 | $240K |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 | New | 90,918 | $193K |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | New | 223,575 | $130K |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | Sold out | 158,006 | $95Kbefore exit |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | New | 227,390 | $80K |
| PACHW Pioneer Acquisition I Corp. | *W EXP 06/16/203 | New | 250,000 | $60K |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | New | 250,000 | $55K |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | Sold out | 28,579 | $45Kbefore exit |
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | New | 50,000 | $40K |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | Reduce -50.0% | 50,000 | $33K |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | Reduce -71.4% | 66,666 | $32K |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | Reduce -50.0% | 43,750 | $32K |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | New | 32,844 | $27K |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | New | 15,144 | $23K |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | New | 81,250 | $22K |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | New | 25,000 | $13K |
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 |