Jump Financial, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Jump Financial, LLC reported 1,850 stock positions worth $7.4 billion. Its top holding was iShares Russell 2000 ETF (IWM) at 5.5% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 1.4%) and iShares 20+ Year Treasury BD (TLT, 1.4%). Compared with Q3 2025, it opened 639 new positions, sold out of 484, added to 538 and reduced 669. The biggest buy was iShares Russell 2000 ETF (IWM, shares +297%) and the biggest sale an exit from iShares US Treasury Bond ETF (GOVT).
- Most Recent 13F
- Q2 2026
- Location
- Chicago, IL
- CIK
- 0001831577
- Portfolio Value
- $7.4B (Q4 2025)
- SEC Filing
- 0000905148-26-000793 ↗ filed Feb 17, 2026
Holdings Value
Holdings 1,850 stocks · $7.4B
| IWM iShares Russell 2000 ETF | 5.52% | 1,655,028 | $407.4M | Add +296.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.44% | 156,187 | $106.5M | Add +1907.5% |
| TLT iShares 20+ Year Treasury BD | 1.37% | 1,157,021 | $100.8M | Add +50668.8% |
| NVDA Nvidia Corp. | 1.13% | 445,457 | $83.1M | Reduce -38.9% |
| WMT Walmart Inc. | 1.07% | 705,618 | $78.6M | Add +3519.3% |
| AMZN Amazon.com Inc. | 0.98% | 312,166 | $72.1M | Add +6.0% |
| MSFT Microsoft Corp. | 0.92% | 140,636 | $68.0M | Reduce -33.9% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.79% | 720,900 | $58.1M | Add +3770.6% |
| GOOGL Alphabet Inc. Class A | 0.78% | 182,968 | $57.3M | Reduce -39.3% |
| AMD Advanced Micro Devices | 0.74% | 256,014 | $54.8M | Reduce -6.2% |
| NFLX Netflix Inc. | 0.67% | 525,431 | $49.3M | Add +24.0% |
| PLTR Palantir Technologies Inc. Class A | 0.64% | 266,246 | $47.3M | Reduce -2.3% |
| BSX Boston Scientific Corp. | 0.58% | 449,298 | $42.8M | Add +16.6% |
| ET Energy Transfer LP | 0.58% | 2,585,439 | $42.6M | Add +126.6% |
| RBLX Roblox Corp. Class A | 0.58% | 525,264 | $42.6M | Add +197.8% |
| SCHW Schwab (charles) Corp. | 0.57% | 424,002 | $42.4M | Add +106.5% |
| ARM Arm Holdings PLC-ADR | 0.57% | 382,808 | $41.8M | Add +186.3% |
| OTIS Otis Worldwide Corp. | 0.57% | 477,835 | $41.7M | Add +95.0% |
| AMT American Tower Corp. | 0.55% | 230,431 | $40.5M | Add +177.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.53% | 128,596 | $39.1M | Add +45.3% |
| VRT Vertiv Holdings Co. Class A | 0.53% | 240,165 | $38.9M | Add +15932.4% |
| NOW ServiceNow Inc. | 0.53% | 253,829 | $38.9M | Add +310.0% |
| META Meta Platforms Inc. Class A | 0.51% | 57,530 | $38.0M | Reduce -33.9% |
| BLK BlackRock Inc. | 0.49% | 33,926 | $36.3M | Add +2720.1% |
| COST Costco Wholesale Corp. | 0.47% | 40,207 | $34.7M | Add +154.1% |
| ORLY O'reilly Automotive Inc. | 0.46% | 375,714 | $34.3M | Add +467.3% |
| C Citigroup Inc. | 0.46% | 289,455 | $33.8M | Add +14.1% |
| FCX Freeport-McMoran Inc. | 0.46% | 664,353 | $33.7M | Reduce -26.3% |
| APH Amphenol Corp. Class A | 0.45% | 246,857 | $33.4M | Reduce -4.1% |
| CAH Cardinal Health Inc. | 0.44% | 158,685 | $32.6M | Add +78.9% |
| RDDT Reddit Inc. Class A | 0.44% | 140,567 | $32.3M | Add +533.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.44% | 66,857 | $32.1M | Add +39.9% |
| PANW Palo Alto Networks Inc. | 0.42% | 169,872 | $31.3M | Add +678.9% |
| LMT Lockheed Martin Corp. | 0.42% | 64,634 | $31.3M | Reduce -13.9% |
| HUBS HubSpot Inc. | 0.41% | 75,463 | $30.3M | Add +100.2% |
| CRWV Coreweave Inc. Class A | 0.41% | 422,867 | $30.3M | Add +43.1% |
| VST Vistra Corp. | 0.39% | 180,592 | $29.1M | Add +4374.5% |
| RSP Invesco S&P 500 Equal Weight | 0.39% | 150,839 | $28.9M | New |
| NTRA Natera Inc. | 0.39% | 125,703 | $28.8M | Reduce -27.3% |
| TSLA Tesla Inc. | 0.39% | 64,014 | $28.8M | Add +26.7% |
| CME Cme Group Inc. | 0.39% | 104,266 | $28.5M | Reduce -34.0% |
| AVGO Broadcom Inc. | 0.38% | 82,050 | $28.4M | Reduce -49.5% |
| TOST Toast Inc. Class A | 0.38% | 798,619 | $28.4M | Add +69.1% |
| LYFT LYFT Inc. Class A | 0.38% | 1,463,048 | $28.3M | Add +0.2% |
| TECK Teck Resources Ltd.-CLS B | 0.38% | 591,518 | $28.3M | Add +43.8% |
| LITE Lumentum Holdings Inc. | 0.38% | 75,582 | $27.9M | Reduce -46.2% |
| AAPL Apple Inc. | 0.38% | 102,172 | $27.8M | Reduce -65.5% |
| FISV Fiserv Inc. | 0.37% | 409,880 | $27.5M | Add +253.4% |
| MRSH Marsh & McLennan Cos | 0.37% | 147,887 | $27.4M | Add +135.0% |
| CPRT Copart Inc. | 0.37% | 690,382 | $27.0M | Add +805.6% |
| MSTR Strategy Inc. | 0.36% | 176,978 | $26.9M | Add +28.9% |
| MELI MercadoLibre Inc. | 0.36% | 13,282 | $26.8M | Add +37.0% |
| TEL Te Connectivity PLC | 0.36% | 116,959 | $26.6M | Add +48.9% |
| PYPL PayPal Holdings Inc. | 0.35% | 446,608 | $26.1M | Add +989.5% |
| TT Trane Technologies PLC | 0.35% | 66,731 | $26.0M | Add +175.7% |
| HOOD Robinhood Markets Inc. Class A | 0.35% | 228,385 | $25.8M | Reduce -20.0% |
| DASH DoorDash Inc. Class A | 0.35% | 112,953 | $25.6M | Add +57.1% |
| SNDK Sandisk Corp. | 0.35% | 107,519 | $25.5M | New |
| ALLY Ally Financial Inc. | 0.34% | 555,877 | $25.2M | Add +182.8% |
| ABNB Airbnb Inc. Class A | 0.33% | 181,811 | $24.7M | Reduce -18.0% |
| MP MP Materials Corp. | 0.33% | 488,340 | $24.7M | Add +4475.5% |
| AMRZ Amrize Ltd. | 0.33% | 454,764 | $24.6M | Add +2307.4% |
| ETN Eaton Corp. PLC | 0.33% | 76,738 | $24.4M | Add +624.8% |
| CLS Celestica Inc. | 0.33% | 81,771 | $24.2M | Add +19.6% |
| JBS JBS NV-A | 0.32% | 1,654,197 | $23.9M | Add +55.9% |
| AS Amer Sports Inc. | 0.30% | 602,065 | $22.5M | Add +85.3% |
| SN Sharkninja Inc. | 0.30% | 195,900 | $21.9M | New |
| CRBG Corebridge Financial Inc. | 0.29% | 721,602 | $21.8M | Add +422.0% |
| VOO Vanguard S&P 500 ETF | 0.29% | 34,345 | $21.5M | New |
| NOC Northrop Grumman Corp. | 0.29% | 37,581 | $21.4M | Add +253.1% |
| STT State Street Corp. | 0.29% | 164,388 | $21.2M | Add +36.8% |
| IBKR Interactive Brokers Gro Class A | 0.29% | 328,978 | $21.2M | Add +54.4% |
| VTR Ventas Inc. | 0.29% | 272,062 | $21.1M | Add +360.0% |
| CTAS Cintas Corp. | 0.28% | 111,718 | $21.0M | Add +750.6% |
| FTNT Fortinet Inc. | 0.28% | 258,095 | $20.5M | Add +178.7% |
| MS Morgan Stanley | 0.28% | 115,202 | $20.5M | Add +456.0% |
| TPR Tapestry Inc. | 0.28% | 159,726 | $20.4M | New |
| EQNR Equinor ASA-Spon ADR | 0.28% | 863,441 | $20.4M | Add +102.2% |
| IBN Icici Bank Ltd.-Spon ADR | 0.28% | 683,794 | $20.4M | New |
| HBAN Huntington Bancshares Inc. | 0.27% | 1,157,438 | $20.1M | Add +528.7% |
| SNX TD Synnex Corp. | 0.27% | 132,047 | $19.8M | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.27% | 517,144 | $19.6M | Add +168.0% |
| KEY Keycorp | 0.26% | 941,942 | $19.4M | Add +1289.5% |
| DT Dynatrace Inc. | 0.26% | 443,721 | $19.2M | Add +139.5% |
| SEDG Solaredge Technologies Inc. | 0.26% | 664,402 | $19.2M | Add +12.8% |
| PBF PBF Energy Inc. Class A | 0.26% | 706,580 | $19.2M | Reduce -19.1% |
| DINO HF Sinclair Corp. | 0.26% | 415,695 | $19.2M | Add +2834.5% |
| BNTX Biontech SE-ADR | 0.25% | 197,500 | $18.8M | Add +178.5% |
| MRNA Moderna Inc. | 0.25% | 625,893 | $18.5M | Add +25.6% |
| LEN Lennar Corp. Class A | 0.25% | 178,866 | $18.4M | Add +87.3% |
| CP Canadian Pacific Kansas City | 0.24% | 239,755 | $17.7M | New |
| QQQM Invesco Nasdaq 100 ETF | 0.24% | 69,175 | $17.5M | New |
| SOFI Sofi Technologies Inc. | 0.23% | 662,610 | $17.3M | Reduce -53.9% |
| ITT Itt Inc. | 0.23% | 99,464 | $17.3M | Add +127.1% |
| MRP Millrose Properties | 0.23% | 573,790 | $17.1M | Add +2346.2% |
| ROP Roper Technologies Inc. | 0.23% | 38,453 | $17.1M | Reduce -23.0% |
| DDOG Datadog Inc. Class A | 0.23% | 124,225 | $16.9M | Add +68.5% |
| NIO Nio Inc. - ADR | 0.23% | 3,258,944 | $16.6M | Reduce -25.0% |
| RITM Rithm Capital Corp. | 0.22% | 1,520,400 | $16.6M | Add +194.1% |
| XLK SS Technology Select Sector | 0.22% | 114,133 | $16.4M | Reduce -31.7% |
Options reported separately and not counted above: SPY calls ($148.7M), SPY puts ($18.6M), TSLA puts ($1.8M), TSLA calls ($944K).
Other holdings (41): bonds, preferreds, convertibles and warrants · $589.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 30,000,000 | $46.6M | Add +76.5% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 43,000,000 | $38.2M | Add +36.5% |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 19,525,000 | $33.0M | Add +51.6% |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | 13,750,000 | $29.8M | Add +77.4% |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | 26,972,000 | $26.6M | Add +134.5% |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 19,250,000 | $25.2M | Reduce -13.5% |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 24,073,000 | $22.8M | Add +183.2% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 20,000,000 | $22.4M | Add +4.3% |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | 21,000,000 | $21.7M | Add +20.0% |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | 22,850,000 | $19.9M | New |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | 16,500,000 | $16.8M | Add +1550.0% |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 16,351,000 | $16.7M | Add +263.4% |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | 14,000,000 | $16.3M | New |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | 22,701,000 | $16.0M | New |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 12,000,000 | $15.2M | New |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | 13,000,000 | $14.5M | New |
| CENTRUS ENERGY CORP (LEU 2.25 11/01/30) | NOTE 2.250%11/0 · principal | 5,000,000 | $13.4M | New |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 12,500,000 | $12.7M | Add +400.0% |
| CIPHER DIGITAL INC (CIFR 1.75 05/15/30) | NOTE 1.750% 5/1 · principal | 3,500,000 | $12.2M | No change |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 9,000,000 | $11.5M | Reduce -40.0% |
| PAGAYA TECHNOLOGIES LTD (PGY 6.125 10/01/29) | NOTE 6.125%10/0 · principal | 6,000,000 | $10.9M | New |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | 10,000,000 | $10.8M | New |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 10,000,000 | $10.3M | New |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 9,147,000 | $10.3M | New |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | 10,000,000 | $10.0M | Reduce -53.3% |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 12,000,000 | $9.9M | New |
| RAMACO RESOURCES INC (METC 0 11/01/31) | NOTE 11/0 · principal | 11,500,000 | $9.7M | New |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 10,000,000 | $9.6M | New |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | 8,100,000 | $9.5M | New |
| FASTLY INC (FSLY 7.75 06/01/28) | NOTE 7.750% 6/0 · principal | 8,250,000 | $9.2M | New |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 8,000,000 | $8.9M | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 10,000,000 | $8.8M | No change |
| BLACKBERRY LTD (BBCN 3 02/15/29) | NOTE 3.000% 2/1 · principal | 6,275,000 | $7.9M | No change |
| IREN LTD (IREN 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | 3,000,000 | $7.3M | New |
| FLUENCE ENERGY INC (FLNC 2.25 06/15/30) | NOTE 2.250% 6/1 · principal | 5,000,000 | $6.0M | New |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 5,659,000 | $5.6M | Reduce -48.5% |
| SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) | NOTE 2.250% 7/0 · principal | 4,000,000 | $4.6M | New |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 3,000,000 | $3.0M | New |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | 3,000,000 | $3.0M | Reduce -60.0% |
| WORLD KINECT GROUP (WKC 3.25 07/01/28) | NOTE 3.250% 7/0 · principal | 1,500,000 | $1.6M | New |
| T1 ENERGY INC (TE 5.25 12/01/30) | NOTE 5.250%12/0 · principal | 500,000 | $637K | New |
Total filed on the 13F, all lines: $8.0B.
Portfolio Sells Q3 2025 → Q4 2025
| GOVT iShares US Treasury Bond ETF | Sold out | 0.00% | −0.69 |
| NVDA Nvidia Corp. | Reduce -38.9% | 1.13% | −0.69 |
| AAPL Apple Inc. | Reduce -65.5% | 0.38% | −0.63 |
| XLY SS Consumer Disc Select Sect | Reduce -82.7% | 0.13% | −0.59 |
| KRE SS SPDR S&P Regional Bank | Reduce -94.3% | 0.04% | −0.59 |
| SOXL Direx Dail Semi Bu 3X Et-Usd | Sold out | 0.00% | −0.56 |
| MSFT Microsoft Corp. | Reduce -33.9% | 0.92% | −0.55 |
| CMCSA Comcast Corp. Class A | Reduce -95.3% | 0.03% | −0.53 |
| USB US Bancorp | Reduce -97.6% | 0.01% | −0.53 |
| CPB The Campbell's Company | Reduce -92.7% | 0.03% | −0.49 |
| TGT Target Corp. | Reduce -98.7% | 0.01% | −0.44 |
| HON Honeywell International Inc. | Reduce -92.3% | 0.03% | −0.43 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.41 |
| ALAB Astera Labs Inc. | Reduce -91.8% | 0.03% | −0.40 |
| ACGL Arch Capital Group Ltd. | Reduce -97.0% | 0.01% | −0.40 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.40 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -83.3% | 0.08% | −0.39 |
| RIVN Rivian Automotive Inc. Class A | Reduce -97.4% | 0.01% | −0.36 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.36 |
| LIN Linde PLC | Reduce -66.9% | 0.15% | −0.35 |
| META Meta Platforms Inc. Class A | Reduce -33.9% | 0.51% | −0.34 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.34 |
| AVGO Broadcom Inc. | Reduce -49.5% | 0.38% | −0.33 |
| PM Philip Morris International | Reduce -98.3% | 0.01% | −0.33 |
| MARA Mara Holdings Inc. | Reduce -93.4% | 0.01% | −0.32 |
| DOV Dover Corp. | Reduce -96.5% | 0.01% | −0.32 |
| ALB Albemarle Corp. | Reduce -98.9% | 0.01% | −0.30 |
| TGTX TG Therapeutics Inc. | Sold out | 0.00% | −0.29 |
| MNST Monster Beverage Corp. | Reduce -91.1% | 0.03% | −0.29 |
| EAT Brinker International Inc. | Sold out | 0.00% | −0.28 |
| UPST Upstart Holdings Inc. | Reduce -85.9% | 0.04% | −0.28 |
| DAVE Dave Inc. | Reduce -97.6% | 0.01% | −0.28 |
| SOFI Sofi Technologies Inc. | Reduce -53.9% | 0.23% | −0.27 |
| GOOG Alphabet Inc. Class C | Reduce -70.2% | 0.17% | −0.27 |
| AER Aercap Holdings NV | Reduce -65.0% | 0.19% | −0.26 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.26 |
| ANET Arista Networks Inc. | Reduce -55.9% | 0.17% | −0.26 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.26 |
| MTUM iShares MSCI USA Momentum Fa | Sold out | 0.00% | −0.25 |
| BROS Dutch Bros Inc. Class A | Reduce -82.0% | 0.07% | −0.25 |
| ASTS Ast Spacemobile Inc. | Sold out | 0.00% | −0.25 |
| WULF Terawulf Inc. | Reduce -68.9% | 0.12% | −0.25 |
| LMND Lemonade Inc. | Sold out | 0.00% | −0.25 |
| PCG P G & E Corp. | Reduce -95.3% | 0.01% | −0.24 |
| HIMS Hims & Hers Health Inc. | Sold out | 0.00% | −0.24 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.23 |
| KDP Keurig Dr Pepper Inc. | Reduce -92.1% | 0.02% | −0.23 |
| ZTS Zoetis Inc. | Reduce -98.3% | 0.00% | −0.23 |
| TEM Tempus AI Inc. Class A | Reduce -52.8% | 0.12% | −0.22 |
| FTI Technipfmc PLC | Reduce -97.8% | 0.01% | −0.22 |
Portfolio Buys Q3 2025 → Q4 2025
| IWM iShares Russell 2000 ETF | Add +296.8% | 5.52% | +4.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1907.5% | 1.44% | +1.37 |
| TLT iShares 20+ Year Treasury BD | Add +50668.8% | 1.37% | +1.36 |
| WMT Walmart Inc. | Add +3519.3% | 1.07% | +1.04 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +3770.6% | 0.79% | +0.77 |
| VRT Vertiv Holdings Co. Class A | Add +15932.4% | 0.53% | +0.52 |
| BLK BlackRock Inc. | Add +2720.1% | 0.49% | +0.47 |
| RSP Invesco S&P 500 Equal Weight | New | 0.39% | +0.39 |
| VST Vistra Corp. | Add +4374.5% | 0.39% | +0.38 |
| NOW ServiceNow Inc. | Add +310.0% | 0.53% | +0.37 |
| RDDT Reddit Inc. Class A | Add +533.8% | 0.44% | +0.37 |
| ORLY O'reilly Automotive Inc. | Add +467.3% | 0.46% | +0.37 |
| PANW Palo Alto Networks Inc. | Add +678.9% | 0.42% | +0.36 |
| SNDK Sandisk Corp. | New | 0.35% | +0.35 |
| AMT American Tower Corp. | Add +177.1% | 0.55% | +0.33 |
| MP MP Materials Corp. | Add +4475.5% | 0.33% | +0.32 |
| AMRZ Amrize Ltd. | Add +2307.4% | 0.33% | +0.32 |
| CPRT Copart Inc. | Add +805.6% | 0.37% | +0.32 |
| PYPL PayPal Holdings Inc. | Add +989.5% | 0.35% | +0.32 |
| ET Energy Transfer LP | Add +126.6% | 0.58% | +0.32 |
| ARM Arm Holdings PLC-ADR | Add +186.3% | 0.57% | +0.31 |
| SCHW Schwab (charles) Corp. | Add +106.5% | 0.57% | +0.31 |
| SN Sharkninja Inc. | New | 0.30% | +0.30 |
| VOO Vanguard S&P 500 ETF | New | 0.29% | +0.29 |
| ETN Eaton Corp. PLC | Add +624.8% | 0.33% | +0.28 |
| TPR Tapestry Inc. | New | 0.28% | +0.28 |
| IBN Icici Bank Ltd.-Spon ADR | New | 0.28% | +0.28 |
| COST Costco Wholesale Corp. | Add +154.1% | 0.47% | +0.27 |
| SNX TD Synnex Corp. | New | 0.27% | +0.27 |
| OTIS Otis Worldwide Corp. | Add +95.0% | 0.57% | +0.27 |
| CAH Cardinal Health Inc. | Add +78.9% | 0.44% | +0.26 |
| DINO HF Sinclair Corp. | Add +2834.5% | 0.26% | +0.25 |
| RBLX Roblox Corp. Class A | Add +197.8% | 0.58% | +0.25 |
| CTAS Cintas Corp. | Add +750.6% | 0.28% | +0.25 |
| KEY Keycorp | Add +1289.5% | 0.26% | +0.25 |
| CP Canadian Pacific Kansas City | New | 0.24% | +0.24 |
| ALLY Ally Financial Inc. | Add +182.8% | 0.34% | +0.24 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.24% | +0.24 |
| CRBG Corebridge Financial Inc. | Add +422.0% | 0.29% | +0.24 |
| MS Morgan Stanley | Add +456.0% | 0.28% | +0.23 |
| VTR Ventas Inc. | Add +360.0% | 0.29% | +0.23 |
| HBAN Huntington Bancshares Inc. | Add +528.7% | 0.27% | +0.23 |
| MRP Millrose Properties | Add +2346.2% | 0.23% | +0.22 |
| TT Trane Technologies PLC | Add +175.7% | 0.35% | +0.22 |
| RGTI Rigetti Computing Inc. | New | 0.21% | +0.21 |
| NOC Northrop Grumman Corp. | Add +253.1% | 0.29% | +0.20 |
| MRVL Marvell Technology Inc. | New | 0.20% | +0.20 |
| SHW The Sherwin-Williams Co. | Add +5477.1% | 0.21% | +0.20 |
| USAR USA Rare Earth Inc. | Add +8662.7% | 0.21% | +0.20 |
| MRSH Marsh & McLennan Cos | Add +135.0% | 0.37% | +0.20 |
Options Activity Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +221.2% | 218,100 | $148.7M |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 194,000 | $116.5Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 161,200 | $96.8Mbefore exit |
| IWM iShares Russell 2000 ETF | put | Sold out | 269,100 | $65.1Mbefore exit |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Sold out | 595,000 | $48.3Mbefore exit |
| IWM iShares Russell 2000 ETF | call | Sold out | 151,800 | $36.7Mbefore exit |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | call | Sold out | 270,000 | $21.9Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -74.8% | 27,300 | $18.6M |
| TSLA Tesla Inc. | put | Add +875.0% | 3,900 | $1.8M |
| TSLA Tesla Inc. | call | New | 2,100 | $944K |
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
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Add +76.5% | 30,000,000 | $46.6M |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Add +36.5% | 43,000,000 | $38.2M |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | Add +51.6% | 19,525,000 | $33.0M |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | Add +77.4% | 13,750,000 | $29.8M |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | Sold out | 28,029,000 | $27.7Mbefore exit |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | Add +134.5% | 26,972,000 | $26.6M |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | Reduce -13.5% | 19,250,000 | $25.2M |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | Add +183.2% | 24,073,000 | $22.8M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +4.3% | 20,000,000 | $22.4M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Add +20.0% | 21,000,000 | $21.7M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 20,000,000 | $20.3Mbefore exit |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | New | 22,850,000 | $19.9M |
| TANDEM DIABETES CARE INC (TNDM 1.5 03/15/29 2024) | NOTE 1.500% 3/1 · principal | Add +1550.0% | 16,500,000 | $16.8M |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | Add +263.4% | 16,351,000 | $16.7M |
| STRATEGY INC (MSTR 0.625 09/15/28) | NOTE 0.625% 9/1 · principal | New | 14,000,000 | $16.3M |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | New | 22,701,000 | $16.0M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | New | 12,000,000 | $15.2M |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 15,000,000 | $15.1Mbefore exit |
| AFFIRM HOLDINGS INC (AFRM 0.75 12/15/29) | NOTE 0.750%12/1 · principal | New | 13,000,000 | $14.5M |
| CENTRUS ENERGY CORP (LEU 2.25 11/01/30) | NOTE 2.250%11/0 · principal | New | 5,000,000 | $13.4M |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | Add +400.0% | 12,500,000 | $12.7M |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 10,000,000 | $12.2Mbefore exit |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Reduce -40.0% | 9,000,000 | $11.5M |
| PAGAYA TECHNOLOGIES LTD (PGY 6.125 10/01/29) | NOTE 6.125%10/0 · principal | New | 6,000,000 | $10.9M |
| SOLARIS ENERGY INFRASTRU (SEI 0.25 10/01/31) | NOTE 0.250%10/0 · principal | New | 10,000,000 | $10.8M |
| SEMTECH CORP (SMTC 4 11/01/28) | NOTE 4.000%11/0 · principal | Sold out | 3,000,000 | $10.7Mbefore exit |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | New | 10,000,000 | $10.3M |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | New | 9,147,000 | $10.3M |
| JD.COM INC (JD 0.25 06/01/29) | NOTE 0.250% 6/0 · principal | Reduce -53.3% | 10,000,000 | $10.0M |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | New | 12,000,000 | $9.9M |
| RAMACO RESOURCES INC (METC 0 11/01/31) | NOTE 11/0 · principal | New | 11,500,000 | $9.7M |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | New | 10,000,000 | $9.6M |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | New | 8,100,000 | $9.5M |
| FASTLY INC (FSLY 7.75 06/01/28) | NOTE 7.750% 6/0 · principal | New | 8,250,000 | $9.2M |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | New | 8,000,000 | $8.9M |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | Sold out | 7,251,000 | $7.6Mbefore exit |
| IREN LTD (IREN 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | New | 3,000,000 | $7.3M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Sold out | 7,000,000 | $7.2Mbefore exit |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | Sold out | 5,000,000 | $6.4Mbefore exit |
| FLUENCE ENERGY INC (FLNC 2.25 06/15/30) | NOTE 2.250% 6/1 · principal | New | 5,000,000 | $6.0M |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | Reduce -48.5% | 5,659,000 | $5.6M |
| SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) | NOTE 2.250% 7/0 · principal | New | 4,000,000 | $4.6M |
| SPHERE ENTERTAINMENT CO (SPHR 3.5 12/01/28) | NOTE 3.500%12/0 · principal | Sold out | 2,273,000 | $4.3Mbefore exit |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | Sold out | 4,000,000 | $3.4Mbefore exit |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | Sold out | 3,000,000 | $3.0Mbefore exit |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 · principal | Sold out | 3,000,000 | $3.0Mbefore exit |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | New | 3,000,000 | $3.0M |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | Reduce -60.0% | 3,000,000 | $3.0M |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Sold out | 2,500,000 | $2.5Mbefore exit |
| GROUPON INC (GRPN 4.875 06/30/30 UNRS) | NOTE 4.875% 6/3 · principal | Sold out | 2,500,000 | $2.3Mbefore exit |
Showing the first 50 of 54.
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 | 1,884 | $10.2B | IVV, SPY, SOXL, VOO, IWM |
| Q1 2026 | 1,757 | $6.1B | IWM, XLE, IVV, XLY, SLV |
| Q4 2025 | 1,850 | $7.4B | IWM, SPY, TLT, NVDA, WMT |
| Q3 2025Amended | 1,693 | $7.5B | NVDA, MSFT, IWM, AAPL, GOOGL |
| Q2 2025Amended | 1,722 | $7.9B | IWM, MSFT, AAPL, NVDA, AMZN |
| Q1 2025Amended | 1,509 | $6.5B | MSTR, XLK, QQQ, TLT, XLY |
| Q4 2024 | 1,547 | $4.6B | SPY, IVV, TSLA, VOO, TLT |
| Q3 2024 | 1,557 | $4.8B | DIA, QQQ, PKX, VOO, SMH |
| Q2 2024Amended | 1,716 | $4.9B | QQQ, SPY, MSFT, AAPL, NVDA |
| Q1 2024Amended | 1,850 | $3.7B | QQQ, MSFT, AAPL, TQQQ, AMZN |