Lombard Odier Asset Management (USA) Corp
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Lombard Odier Asset Management (USA) Corp reported 73 stock positions worth $72.0 million. Its top holding was Apple (AAPL) at 4.8% of the portfolio, followed by Nexxen International (NEXN, 4.8%) and Caesars Entertainment (CZR, 4.2%). Compared with Q1 2026, it opened 27 new positions, sold out of 147, added to 11 and reduced 32. The biggest buy was Nexxen International (NEXN, shares +3%) and the biggest sale an exit from Organon (OGN).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001491719
- Portfolio Value
- $72.0M (Q2 2026)
- SEC Filing
- 0000908834-26-000410 ↗ filed Aug 14, 2026
Holdings Value
Holdings 73 stocks · $72.0M
| AAPL Apple Inc. | 4.82% | 12,000 | $3.5M | Reduce -3.1% |
| NEXN Nexxen International Ltd. | 4.76% | 503,393 | $3.4M | Add +2.9% |
| CZR Caesars Entertainment Inc. | 4.19% | 100,000 | $3.0M | Reduce -36.7% |
| CLF Cleveland-Cliffs Inc. | 3.65% | 279,814 | $2.6M | Reduce -12.6% |
| DCH Dauch Corporation | 3.50% | 465,000 | $2.5M | Add +1.1% |
| SNX TD Synnex Corp. | 3.39% | 9,117 | $2.4M | Add +41.6% |
| MGM MGM Resorts International | 3.32% | 50,000 | $2.4M | Reduce -26.5% |
| CRGY Crescent Energy Inc. Class A | 3.21% | 235,098 | $2.3M | Add +170.2% |
| GOOGL Alphabet Inc. Class A | 2.69% | 5,425 | $1.9M | Reduce -45.0% |
| NBR Nabors Industries Ltd. | 2.51% | 21,500 | $1.8M | Reduce -30.6% |
| APG Api Group Corp. | 2.50% | 42,472 | $1.8M | Add +6.5% |
| SLB SLB Ltd. filed as SLB LIMITED | 2.33% | 36,000 | $1.7M | No change |
| PRM Perimeter Solutions Inc. | 2.16% | 43,576 | $1.6M | Add +45.7% |
| GT Goodyear Tire & Rubber Co. | 2.10% | 229,000 | $1.5M | Add +1.3% |
| CNI Canadian Natl Railway Co. | 1.97% | 11,898 | $1.4M | Reduce -12.5% |
| NFLX Netflix Inc. | 1.89% | 19,000 | $1.4M | No change |
| MU Micron Technology Inc. | 1.71% | 1,064 | $1.2M | New |
| FDX FedEx Corp. | 1.70% | 3,916 | $1.2M | Reduce -12.5% |
| TLN Talen Energy Corp. | 1.70% | 3,184 | $1.2M | Reduce -12.5% |
| KNX Knight-Swift Transportation | 1.68% | 15,494 | $1.2M | New |
| MA Mastercard Inc. Class A | 1.53% | 2,143 | $1.1M | New |
| XRX Xerox Holdings Corp. | 1.52% | 350,000 | $1.1M | No change |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.51% | 4,737 | $1.1M | New |
| HPE Hewlett Packard Enterprise | 1.35% | 21,594 | $974K | New |
| CASY Casey's General Stores Inc. | 1.35% | 1,224 | $973K | Reduce -64.4% |
| ORLY O'reilly Automotive Inc. | 1.34% | 10,464 | $964K | Reduce -53.7% |
| AER Aercap Holdings NV | 1.32% | 6,517 | $950K | Reduce -37.7% |
| GLW Corning Inc. | 1.23% | 3,452 | $882K | New |
| AMRZ Amrize Ltd. | 1.20% | 16,189 | $863K | Reduce -19.8% |
| DLR Digital Realty Trust Inc. | 1.17% | 4,704 | $845K | New |
| JBHT Hunt (jb) Transprt SVCS Inc. | 1.17% | 2,907 | $841K | New |
| RBC RBC Bearings Inc. | 1.09% | 1,223 | $788K | Reduce -54.4% |
| EWY iShares MSCI South Korea ETF | 1.07% | 3,819 | $771K | New |
| HEI Heico Corp. | 1.06% | 2,145 | $764K | Reduce -39.7% |
| COF Capital One Financial Corp. | 1.06% | 3,800 | $762K | Add +35.7% |
| SNDK Sandisk Corp. | 1.03% | 326 | $741K | New |
| AME Ametek Inc. | 1.02% | 3,031 | $733K | New |
| FDXF FedEx Freight Holding Co. | 1.00% | 4,745 | $716K | Add +112.1% |
| NVDA Nvidia Corp. | 0.99% | 3,546 | $710K | Reduce -35.4% |
| CSX CSX Corp. | 0.98% | 14,904 | $708K | Reduce -12.5% |
| HUBG Hub Group Inc. Class A | 0.97% | 15,916 | $697K | New |
| V Visa Inc. Class A | 0.95% | 2,000 | $686K | Reduce -9.1% |
| CLMT Calumet Inc. | 0.89% | 17,868 | $644K | Reduce -70.0% |
| IBKR Interactive Brokers Gro Class A | 0.88% | 7,283 | $634K | Add +108.1% |
| EMN Eastman Chemical Co. | 0.80% | 8,585 | $575K | Reduce -12.5% |
| COR Cencora Inc. | 0.79% | 2,008 | $568K | Reduce -51.9% |
| SAIA Saia Inc. | 0.79% | 1,347 | $567K | New |
| MCK McKesson Corp. | 0.79% | 750 | $567K | Reduce -68.9% |
| ROST Ross Stores Inc. | 0.77% | 2,601 | $554K | Reduce -42.9% |
| APO Apollo Global Management Inc. | 0.76% | 4,600 | $544K | New |
| ACM Aecom | 0.75% | 7,704 | $538K | Reduce -22.4% |
| UBER Uber Technologies Inc. | 0.70% | 7,000 | $505K | Reduce -28.9% |
| ANAB Anaptysbio Inc. | 0.69% | 7,400 | $500K | New |
| APTV Aptiv PLC | 0.67% | 7,816 | $480K | Reduce -12.5% |
| HTZ Hertz Global Hldgs Inc. | 0.65% | 204,729 | $465K | Add +2.4% |
| WWD Woodward Inc. | 0.63% | 1,072 | $456K | Reduce -36.6% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.62% | 223 | $444K | New |
| INTC Intel Corp. | 0.61% | 3,135 | $438K | New |
| EXPE Expedia Group Inc. | 0.57% | 1,600 | $409K | New |
| AMD Advanced Micro Devices | 0.55% | 676 | $393K | New |
| SGI Somnigroup International Inc. | 0.54% | 5,000 | $392K | New |
| ETN Eaton Corp. PLC | 0.49% | 834 | $355K | New |
| FIX Comfort Systems USA Inc. | 0.45% | 165 | $327K | New |
| AVGO Broadcom Inc. | 0.45% | 861 | $325K | New |
| WDC Western Digital Corp. | 0.43% | 489 | $312K | New |
| GLNG Golar LNG Ltd. | 0.42% | 6,000 | $299K | Reduce -79.1% |
| CYH Community Health Systems Inc. | 0.41% | 89,000 | $297K | Reduce -11.9% |
| FCFS Firstcash Holdings Inc. | 0.39% | 1,297 | $281K | New |
| PFGC Performance Food Group Co. | 0.39% | 2,500 | $279K | Reduce -24.2% |
| DAN Dana Inc. | 0.37% | 9,845 | $268K | New |
| LINE Lineage Inc. | 0.36% | 6,000 | $260K | Reduce -25.0% |
| UUUU Energy Fuels Inc. | 0.36% | 17,879 | $259K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.33% | 500 | $239K | Reduce -66.7% |
Options reported separately and not counted above: AAL puts ($109.5M), AAPL puts ($55.0M), RIVN puts ($31.2M), TLT puts ($30.9M), BMY calls ($25.9M), CMCSA calls ($25.8M), GILD calls ($21.5M), BHC puts ($19.7M), MRK calls ($16.7M), PFE calls ($15.9M), BAC puts ($14.8M), F puts ($13.9M), and 53 more.
Other holdings (4): bonds, preferreds, convertibles and warrants · $39.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 15,000,000 | $17.8M | No change |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | 14,000,000 | $10.3M | No change |
| UNITI GROUP INC (UNIT 7.5 12/01/27) | NOTE 7.500%12/0 · principal | 5,255,000 | $6.3M | No change |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 6,000,000 | $5.5M | No change |
Total filed on the 13F, all lines: $111.9M.
Portfolio Sells Q1 2026 → Q2 2026
| OGN Organon & Co. | Sold out | 0.00% | −1.72 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.59 |
| QXO Qxo Inc. | Sold out | 0.00% | −1.42 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −1.36 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −1.29 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −1.28 |
| WTTR Select Water Solutions Inc. | Sold out | 0.00% | −1.12 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −1.11 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −1.00 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.98 |
| SW Smurfit Westrock PLC | Sold out | 0.00% | −0.98 |
| LUV Southwest Airlines Co. | Sold out | 0.00% | −0.97 |
| FIVE Five Below | Sold out | 0.00% | −0.92 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.92 |
| ZGN Ermenegildo Zegna NV | Sold out | 0.00% | −0.90 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.90 |
| GM General Motors Co. | Sold out | 0.00% | −0.84 |
| MCK McKesson Corp. | Reduce -68.9% | 0.79% | −0.79 |
| PHM Pultegroup Inc. | Sold out | 0.00% | −0.78 |
| GLNG Golar LNG Ltd. | Reduce -79.1% | 0.42% | −0.75 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.73 |
| OSIS Osi Systems Inc. | Sold out | 0.00% | −0.72 |
| MHK Mohawk Industries Inc. | Sold out | 0.00% | −0.72 |
| CLMT Calumet Inc. | Reduce -70.0% | 0.89% | −0.72 |
| RTX RTX Corp. | Sold out | 0.00% | −0.71 |
| VG Venture Global Inc. Class A | Sold out | 0.00% | −0.64 |
| BNO United States Brent Oil Fund | Sold out | 0.00% | −0.64 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.63 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.56 |
| CASY Casey's General Stores Inc. | Reduce -64.4% | 1.35% | −0.53 |
| DOW Dow Inc. | Sold out | 0.00% | −0.49 |
| CDW CDW Corp. | Sold out | 0.00% | −0.45 |
| ADNT Adient PLC | Sold out | 0.00% | −0.41 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.40 |
| GFF Griffon Corp. | Sold out | 0.00% | −0.38 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.37 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.28 |
| ALKS Alkermes PLC | Sold out | 0.00% | −0.27 |
| RF Regions Financial Corp. | Sold out | 0.00% | −0.26 |
| FNB FNB Corp. | Sold out | 0.00% | −0.26 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.25 |
| PJT PJT Partners Inc. Class A | Sold out | 0.00% | −0.25 |
| HWC Hancock Whitney Corp. | Sold out | 0.00% | −0.25 |
| PB Prosperity Bancshares Inc. | Sold out | 0.00% | −0.25 |
| GNW Genworth Financial Inc. | Sold out | 0.00% | −0.25 |
| ESNT Essent Group Ltd. | Sold out | 0.00% | −0.25 |
| SCI Service Corp. International | Sold out | 0.00% | −0.25 |
| ZWS Zurn Elkay Water Solutions C | Sold out | 0.00% | −0.25 |
| CAG Conagra Brands Inc. | Sold out | 0.00% | −0.25 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.25 |
Portfolio Buys Q1 2026 → Q2 2026
| NEXN Nexxen International Ltd. | Add +2.9% | 4.76% | +2.94 |
| SNX TD Synnex Corp. | Add +41.6% | 3.39% | +2.57 |
| CRGY Crescent Energy Inc. Class A | Add +170.2% | 3.21% | +2.32 |
| MU Micron Technology Inc. | New | 1.71% | +1.71 |
| KNX Knight-Swift Transportation | New | 1.68% | +1.68 |
| PRM Perimeter Solutions Inc. | Add +45.7% | 2.16% | +1.61 |
| MA Mastercard Inc. Class A | New | 1.53% | +1.53 |
| AJG Arthur J Gallagher & Co. | New | 1.51% | +1.51 |
| DCH Dauch Corporation | Add +1.1% | 3.50% | +1.45 |
| HPE Hewlett Packard Enterprise | New | 1.35% | +1.35 |
| APG Api Group Corp. | Add +6.5% | 2.50% | +1.28 |
| GLW Corning Inc. | New | 1.23% | +1.23 |
| DLR Digital Realty Trust Inc. | New | 1.17% | +1.17 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 1.17% | +1.17 |
| EWY iShares MSCI South Korea ETF | New | 1.07% | +1.07 |
| SNDK Sandisk Corp. | New | 1.03% | +1.03 |
| AME Ametek Inc. | New | 1.02% | +1.02 |
| GT Goodyear Tire & Rubber Co. | Add +1.3% | 2.10% | +0.97 |
| HUBG Hub Group Inc. Class A | New | 0.97% | +0.97 |
| SAIA Saia Inc. | New | 0.79% | +0.79 |
| APO Apollo Global Management Inc. | New | 0.76% | +0.76 |
| FDXF FedEx Freight Holding Co. | Add +112.1% | 1.00% | +0.74 |
| IBKR Interactive Brokers Gro Class A | Add +108.1% | 0.88% | +0.70 |
| ANAB Anaptysbio Inc. | New | 0.69% | +0.69 |
| COF Capital One Financial Corp. | Add +35.7% | 1.06% | +0.67 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.62% | +0.62 |
| INTC Intel Corp. | New | 0.61% | +0.61 |
| EXPE Expedia Group Inc. | New | 0.57% | +0.57 |
| AMD Advanced Micro Devices | New | 0.55% | +0.55 |
| SGI Somnigroup International Inc. | New | 0.54% | +0.54 |
| ETN Eaton Corp. PLC | New | 0.49% | +0.49 |
| FIX Comfort Systems USA Inc. | New | 0.45% | +0.45 |
| AVGO Broadcom Inc. | New | 0.45% | +0.45 |
| WDC Western Digital Corp. | New | 0.43% | +0.43 |
| FCFS Firstcash Holdings Inc. | New | 0.39% | +0.39 |
| DAN Dana Inc. | New | 0.37% | +0.37 |
| UUUU Energy Fuels Inc. | New | 0.36% | +0.36 |
| HTZ Hertz Global Hldgs Inc. | Add +2.4% | 0.65% | −0.05 |
Options Activity Q1 2026 → Q2 2026
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 250,000 | $162.6Mbefore exit |
| RIVN Rivian Automotive Inc. Class A | put | Reduce -18.2% | 1,800,000 | $31.2M |
| TLT iShares 20+ Year Treasury BD | put | Reduce -14.4% | 357,000 | $30.9M |
| BHC Bausch Health Cos Inc. | put | Add +500.6% | 4,000,000 | $19.7M |
| C Citigroup Inc. | call | Sold out | 160,000 | $18.1Mbefore exit |
| BAC Bank of America Corp. | put | Add +30.0% | 260,000 | $14.8M |
| F Ford Motor Co. | put | New | 1,000,000 | $13.9M |
| NEM Newmont Corp. | put | Sold out | 100,000 | $10.8Mbefore exit |
| UNH Unitedhealth Group Inc. | call | Sold out | 40,000 | $10.8Mbefore exit |
| C Citigroup Inc. | put | Sold out | 80,000 | $9.1Mbefore exit |
| OGN Organon & Co. | call | New | 525,000 | $7.1M |
| BAC Bank of America Corp. | call | New | 120,000 | $6.8M |
| VZ Verizon Communications Inc. | put | Reduce -25.0% | 150,000 | $6.4M |
| CZR Caesars Entertainment Inc. | call | Add +15.2% | 152,000 | $4.6M |
| IBM Intl Business Machines Corp. | put | Reduce -50.3% | 8,700 | $2.4M |
| CAR Avis Budget Group Inc. | put | Reduce -93.9% | 15,000 | $2.2M |
| QCOM Qualcomm Inc. | call | Reduce -28.6% | 10,000 | $1.8M |
| NBR Nabors Industries Ltd. | put | Add +2.7% | 15,000 | $1.3M |
| OGN Organon & Co. | put | Reduce -73.7% | 50,000 | $677K |
| MGM MGM Resorts International | put | New | 10,000 | $478K |
| DCH Dauch Corporation | call | Sold out | 40,000 | $237Kbefore exit |
| HTZ Hertz Global Hldgs Inc. | call | New | 50,000 | $113K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2026 → Q2 2026
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Sold out | 14,500,000 | $14.2Mbefore exit |
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 | 73 | $72.0M | AAPL, NEXN, CZR, CLF, DCH |
| Q1 2026 | 192 | $132.6M | CZR, AAPL, GOOGL, DCH, CLF |
| Q4 2025 | 146 | $185.9M | GOOGL, VZ, TLN, AAPL, CZR |
| Q3 2025 | 332 | $374.8M | SLN, RSG, VZ, GOOGL, RBC |
| Q2 2025 | 282 | $322.5M | RSG, NEXN, SLN, BMI, VZ |
| Q1 2025 | 129 | $239.1M | NEXN, NEM, WM, RSG, ORLY |
| Q4 2024 | 208 | $229.3M | XLE, SLN, GDX, VZ, EXPE |
| Q3 2024 | 180 | $231.3M | SLN, OPCH, VZ, GDX, AGO |
| Q2 2024 | 170 | $227.3M | SLN, Z, AD, OPCH, VZ |
| Q1 2024 | 218 | $676.7M | SPY, TLT, SLN, Z, AAPL |