Kaleidoscope Capital LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Kaleidoscope Capital LP reported 11 stock positions worth $350.0 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 14.5% of the portfolio, followed by iShares Ethereum Trust ETF (ETHA, 12.2%) and iShares Bitcoin Trust ETF (IBIT, 11.9%). Compared with Q2 2025, it opened 2 new positions, added to 6 and reduced 2. The biggest buy was a new position in Grayscale Ethereum Staking M (ETH) and the biggest sale iShares Bitcoin Trust ETF (IBIT, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001702912
- Portfolio Value
- $350.0M (Q3 2025)
- SEC Filing
- 0001062993-25-016649 ↗ filed Nov 12, 2025
Holdings Value
Holdings 11 stocks · $350.0M
| SPY SS SPDR S&P 500 ETF Trust-US | 14.49% | 76,122 | $50.7M | Add +0.3% |
| ETHA iShares Ethereum Trust ETF | 12.24% | 1,359,484 | $42.8M | Reduce -0.0% |
| IBIT iShares Bitcoin Trust ETF | 11.89% | 640,304 | $41.6M | Reduce -32.1% |
| FBTC Fidelity Wise Origin Bitcoin | 10.78% | 377,976 | $37.7M | Add +47.2% |
| BITB Bitwise Bitcoin ETF | 9.77% | 549,399 | $34.2M | Add +33.3% |
| ARKB ARK 21SHARES Bitcoin ETF | 9.67% | 890,017 | $33.8M | Add +31.9% |
| ETH Grayscale Ethereum Staking M | 8.03% | 716,973 | $28.1M | New |
| BTC Grayscale Bitcoin Mini ETF | 7.86% | 543,346 | $27.5M | Add +7.4% |
| FETH Fidelity Ethereum Fund | 7.81% | 657,671 | $27.3M | New |
| VEA Vanguard Ftse Developed ETF | 6.43% | 375,383 | $22.5M | Add +0.5% |
| IEFA iShares Core MSCI Eafe ETF | 1.04% | 41,650 | $3.6M | No change |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
| ETH Grayscale Ethereum Staking M | New | 8.03% | +8.03 |
| FETH Fidelity Ethereum Fund | New | 7.81% | +7.81 |
| FBTC Fidelity Wise Origin Bitcoin | Add +47.2% | 10.78% | +1.20 |
| BITB Bitwise Bitcoin ETF | Add +33.3% | 9.77% | +0.18 |
| ARKB ARK 21SHARES Bitcoin ETF | Add +31.9% | 9.67% | +0.09 |
| BTC Grayscale Bitcoin Mini ETF | Add +7.4% | 7.86% | −1.73 |
| VEA Vanguard Ftse Developed ETF | Add +0.5% | 6.43% | −2.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 14.49% | −4.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $270.6M | ETH, SPY, IBIT, VEA, FBTC |
| Q1 2026 | 15 | $259.7M | SPY, IBIT, ETH, ETHA, FBTC |
| Q4 2025 | 11 | $261.8M | SPY, ETHA, IBIT, FBTC, ETH |
| Q3 2025 | 11 | $350.0M | SPY, ETHA, IBIT, FBTC, BITB |
| Q2 2025 | 9 | $251.9M | IBIT, SPY, ETHA, BTC, BITB |
| Q1 2025 | 9 | $168.2M | IBIT, SPY, VEA, BITB, ARKB |
| Q4 2024 | 9 | $101.9M | SPY, VEA, IBIT, ETHA, BTC |