Marathon Trading Investment Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Marathon Trading Investment Management LLC reported 148 stock positions worth $184.8 million. Its top holding was Nvidia (NVDA) at 29.7% of the portfolio, followed by Alibaba Group Holding-SP ADR (BABA, 5.2%) and Bank of America (BAC, 5.0%). Compared with Q4 2024, it opened 54 new positions, sold out of 42, added to 34 and reduced 48. The biggest buy was Nvidia (NVDA, shares +195%) and the biggest sale Strategy (MSTR, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- RADNOR, PA
- CIK
- 0001572748
- Portfolio Value
- $184.8M (Q1 2025)
- SEC Filing
- 0001572748-25-000008 ↗ filed May 13, 2025
Holdings Value
Holdings 148 stocks · $184.8M
| NVDA Nvidia Corp. | 29.72% | 506,900 | $54.9M | Add +195.3% |
| BABA Alibaba Group Holding-SP ADR | 5.21% | 72,864 | $9.6M | Reduce -86.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 4.95% | 219,389 | $9.2M | Reduce -65.7% |
| GME Gamestop Corp. Class A | 4.22% | 349,280 | $7.8M | Add +211.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.17% | 13,777 | $7.7M | Reduce -87.0% |
| IBIT iShares Bitcoin Trust ETF | 4.09% | 161,576 | $7.6M | Add +312.2% |
| WFC Wells Fargo & Co. | 3.66% | 94,318 | $6.8M | Reduce -76.7% |
| INTC Intel Corp. | 3.10% | 252,681 | $5.7M | Reduce -44.1% |
| LMT Lockheed Martin Corp. | 2.47% | 10,200 | $4.6M | Add +155.0% |
| GLD SPDR Gold Shares | 2.05% | 13,154 | $3.8M | Reduce -30.3% |
| META Meta Platforms Inc. Class A | 2.01% | 6,454 | $3.7M | Add +1904.3% |
| X United States Steel Corp. | 1.73% | 75,545 | $3.2M | New |
| XLE SS Energy Select Sector | 1.73% | 34,150 | $3.2M | Add +722.9% |
| COIN Coinbase Global Inc. Class A | 1.27% | 13,676 | $2.4M | Add +82.1% |
| HON Honeywell International Inc. | 1.04% | 9,100 | $1.9M | New |
| GS Goldman Sachs Group Inc. | 0.95% | 3,200 | $1.7M | New |
| MSFT Microsoft Corp. | 0.92% | 4,536 | $1.7M | Reduce -97.7% |
| COST Costco Wholesale Corp. | 0.82% | 1,594 | $1.5M | New |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.75% | 4,811 | $1.4M | Reduce -98.9% |
| BILI Bilibili Inc.-Sponsored ADR | 0.74% | 71,328 | $1.4M | Add +132.6% |
| RIOT Riot Platforms Inc. | 0.73% | 188,805 | $1.3M | Add +377.8% |
| UBER Uber Technologies Inc. | 0.70% | 17,763 | $1.3M | Reduce -58.2% |
| KWEB Kranesh Csi China Internet | 0.66% | 34,851 | $1.2M | New |
| MU Micron Technology Inc. | 0.65% | 13,892 | $1.2M | Reduce -52.2% |
| SBUX Starbucks Corp. | 0.60% | 11,312 | $1.1M | New |
| WMT Walmart Inc. | 0.60% | 12,548 | $1.1M | New |
| U Unity Software Inc. | 0.60% | 56,200 | $1.1M | Reduce -20.6% |
| PLTR Palantir Technologies Inc. Class A | 0.58% | 12,767 | $1.1M | Add +24.8% |
| GOOGL Alphabet Inc. Class A | 0.54% | 6,511 | $1.0M | Add +623.4% |
| CART Maplebear Inc. | 0.54% | 25,000 | $997K | Add +163.2% |
| CMG Chipotle Mexican Grill Inc. | 0.52% | 19,200 | $964K | Add +357.1% |
| AAPL Apple Inc. | 0.51% | 4,224 | $938K | Add +275.8% |
| AAL American Airlines Group Inc. | 0.48% | 83,600 | $882K | New |
| XLB SS Materials Select Sector | 0.45% | 9,620 | $827K | New |
| FOUR SHIFT4 Payments Inc. Class A | 0.45% | 10,100 | $825K | New |
| SIRI Sirius XM Holdings Inc. | 0.45% | 36,516 | $823K | Reduce -48.8% |
| AMC AMC Entertainment HLDS Class A | 0.41% | 262,162 | $752K | Add +35.0% |
| TWLO Twilio Inc. Class A | 0.40% | 7,500 | $734K | New |
| AMZN Amazon.com Inc. | 0.40% | 3,841 | $731K | Reduce -92.7% |
| LEN Lennar Corp. Class A | 0.39% | 6,200 | $712K | Add +5.1% |
| AMD Advanced Micro Devices | 0.38% | 6,805 | $699K | Reduce -95.3% |
| QCOM Qualcomm Inc. | 0.37% | 4,471 | $687K | Add +65.8% |
| XLK SS Technology Select Sector | 0.35% | 3,112 | $643K | New |
| GEV GE Vernova Inc. | 0.31% | 1,850 | $565K | New |
| SNAP Snap Inc. Class A | 0.30% | 63,900 | $557K | Add +508.6% |
| SMCI Super Micro Computer Inc. | 0.30% | 16,132 | $552K | Add +14.3% |
| ORCL Oracle Corp. | 0.29% | 3,894 | $544K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 5,402 | $533K | Reduce -84.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.25% | 1,300 | $458K | New |
| BITO Proshares Bitcoin ETF-Usd | 0.24% | 24,402 | $447K | Reduce -43.1% |
| XYZ Block Inc. | 0.24% | 8,222 | $447K | Add +551.0% |
| MARA Mara Holdings Inc. | 0.24% | 38,458 | $442K | Add +28177.9% |
| KRE SS SPDR S&P Regional Bank | 0.24% | 7,712 | $438K | New |
| XLF SS Financial Select Sector | 0.23% | 8,717 | $434K | Reduce -90.7% |
| TDOC Teladoc Health Inc. | 0.23% | 54,000 | $430K | Add +350.0% |
| RCL Royal Caribbean Cruises Ltd. | 0.23% | 2,090 | $429K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 900 | $422K | New |
| PYPL PayPal Holdings Inc. | 0.22% | 6,340 | $414K | Add +1266.4% |
| PDD PDD Holdings Inc. | 0.22% | 3,491 | $413K | Reduce -65.8% |
| MTCH Match Group Inc. | 0.22% | 13,000 | $406K | Reduce -36.5% |
| PLAY Dave & Buster's Entertainmen | 0.22% | 22,900 | $402K | New |
| AVGO Broadcom Inc. | 0.21% | 2,335 | $391K | Add +110.5% |
| BIIB Biogen Inc. | 0.20% | 2,750 | $376K | Reduce -81.1% |
| VST Vistra Corp. | 0.20% | 3,100 | $364K | New |
| HSY The Hershey Co. | 0.19% | 2,100 | $359K | Reduce -61.8% |
| BIDU Baidu Inc. - Spon ADR | 0.19% | 3,900 | $359K | New |
| NFLX Netflix Inc. | 0.18% | 358 | $334K | New |
| EEM iShares MSCI Emerging Market | 0.18% | 7,425 | $324K | New |
| ACI Albertsons Cos Inc. Class A | 0.17% | 14,668 | $323K | Reduce -79.9% |
| AKAM Akamai Technologies Inc. | 0.17% | 4,000 | $322K | New |
| DELL Dell Technologies -C | 0.17% | 3,500 | $319K | Reduce -68.2% |
| APP AppLovin Corp. Class A | 0.17% | 1,200 | $318K | New |
| F Ford Motor Co. filed as FORD MTR CO | 0.17% | 31,000 | $311K | Add +158.3% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.17% | 30,000 | $307K | New |
| HOOD Robinhood Markets Inc. Class A | 0.16% | 7,271 | $303K | New |
| LCID Lucid Group Inc. | 0.16% | 123,500 | $299K | Add +62.5% |
| CRM Salesforce Inc. | 0.16% | 1,088 | $292K | Reduce -94.6% |
| BBAI Bigbear.ai Holdings Inc. | 0.15% | 100,000 | $286K | New |
| SCHW Schwab (charles) Corp. | 0.15% | 3,600 | $282K | Reduce -11.3% |
| CGC Canopy Growth Corp. | 0.15% | 303,500 | $276K | New |
| DJT Trump Media & Technology Gro | 0.15% | 13,998 | $274K | Reduce -20.5% |
| CSCO Cisco Systems Inc. | 0.15% | 4,421 | $273K | Reduce -35.5% |
| BA The Boeing Co. | 0.15% | 1,592 | $272K | Reduce -83.6% |
| XLY SS Consumer Disc Select Sect | 0.14% | 1,338 | $264K | New |
| HPE Hewlett Packard Enterprise | 0.14% | 17,000 | $262K | New |
| XPEV Xpeng Inc. - ADR | 0.14% | 12,500 | $259K | New |
| PARAA Paramount Global Class B | 0.14% | 21,466 | $257K | No change |
| NIO Nio Inc. - ADR | 0.14% | 66,721 | $254K | Reduce -34.5% |
| HAPN Happen Inc. filed as LENDINGCLUB CORP | 0.14% | 24,300 | $251K | New |
| LLY Eli Lilly & Co. | 0.13% | 300 | $248K | Reduce -62.5% |
| JD Jd.com Inc.-ADR | 0.13% | 5,912 | $243K | Reduce -98.6% |
| UNP Union Pacific Corp. | 0.13% | 1,027 | $243K | New |
| UNG US Natural Gas Fund LP | 0.13% | 11,000 | $238K | New |
| CMCSA Comcast Corp. Class A | 0.13% | 6,369 | $235K | New |
| ABNB Airbnb Inc. Class A | 0.13% | 1,946 | $232K | New |
| SLV iShares Silver Trust | 0.13% | 7,498 | $232K | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.12% | 4,150 | $227K | New |
| WING Wingstop Inc. | 0.12% | 1,000 | $226K | New |
| KO The Coca-Cola Co. | 0.12% | 3,000 | $215K | Reduce -71.7% |
| USO United States Oil Fund LP | 0.12% | 2,772 | $214K | No change |
| XLC SS Comm Select Sector SPDR | 0.11% | 2,200 | $212K | Add +298.6% |
| NKE Nike Inc. Class B | 0.11% | 3,202 | $203K | Reduce -83.6% |
| JNPR Juniper Networks Inc. | 0.11% | 5,471 | $198K | New |
| AXP American Express Co. | 0.10% | 701 | $189K | New |
| LYFT LYFT Inc. Class A | 0.10% | 15,841 | $188K | Reduce -62.2% |
| RIG Transocean Ltd. | 0.10% | 56,500 | $179K | New |
| OXY Occidental Petroleum Corp. | 0.09% | 3,471 | $171K | Reduce -39.3% |
| TLRY Tilray Brands Inc. | 0.09% | 251,800 | $166K | Add +4.7% |
| XLP SS Consumer Staples Sel Sect | 0.09% | 1,981 | $162K | Add +390.4% |
| RDDT Reddit Inc. Class A | 0.08% | 1,402 | $147K | Add +222.3% |
| LIN Linde PLC | 0.08% | 302 | $141K | New |
| FXI iShares China Large-Cap ETF | 0.07% | 3,800 | $136K | Reduce -84.0% |
| NBIS Nebius Group NV | 0.07% | 6,297 | $133K | Reduce -39.9% |
| XLI SS Industrial Select Sector | 0.06% | 901 | $118K | Add +676.7% |
| CRON Cronos Group Inc. | 0.06% | 58,000 | $105K | No change |
| SMH Vaneck Semiconductor ETF | 0.06% | 491 | $104K | Add +79.2% |
| IWM iShares Russell 2000 ETF | 0.05% | 500 | $100K | New |
| PTON Peloton Interactive Inc. Class A | 0.05% | 14,500 | $92K | Reduce -8.8% |
| XLV SS Health Care Select Sector | 0.05% | 624 | $91K | New |
| CLF Cleveland-Cliffs Inc. | 0.05% | 11,000 | $90K | Reduce -26.7% |
| CHPT Chargepoint Holdings Inc. | 0.05% | 139,400 | $84K | No change |
| IRBTQ Irobot Corp. | 0.05% | 31,147 | $84K | Add +8.3% |
| ARM Arm Holdings PLC-ADR | 0.04% | 762 | $81K | Reduce -91.5% |
| PG The Procter & Gamble Co. | 0.04% | 468 | $80K | New |
| SNOW Snowflake Inc. | 0.04% | 502 | $73K | New |
| MRNA Moderna Inc. | 0.03% | 1,880 | $53K | Reduce -94.2% |
| ENVX Enovix Corp. | 0.03% | 7,200 | $53K | New |
| ADBE Adobe Inc. | 0.03% | 135 | $52K | New |
| XRX Xerox Holdings Corp. | 0.03% | 10,000 | $48K | No change |
| WBD Warner Bros Discovery Inc. | 0.03% | 4,472 | $48K | Reduce -28.6% |
| CLOV Clover Health Investments Co. | 0.03% | 13,000 | $47K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.03% | 587 | $46K | Add +9683.3% |
| PLUG Plug Power Inc. | 0.02% | 32,600 | $44K | No change |
| ALAB Astera Labs Inc. | 0.02% | 686 | $41K | New |
| GOOG Alphabet Inc. Class C | 0.02% | 254 | $40K | Reduce -51.9% |
| SPCE Virgin Galactic Holdings Inc. | 0.02% | 12,400 | $38K | New |
| FUBO Fubotv Inc. | 0.02% | 12,000 | $35K | Reduce -62.5% |
| V Visa Inc. Class A | 0.01% | 77 | $27K | New |
| MRK Merck & Co. Inc. | 0.01% | 270 | $24K | Reduce -90.0% |
| GDX Vaneck Gold Miners ETF | 0.01% | 525 | $24K | Reduce -99.7% |
| OPEN Opendoor Technologies Inc. | 0.01% | 21,000 | $21K | No change |
| JBLU Jetblue Airways Corp. | 0.01% | 4,162 | $20K | Reduce -39.4% |
| BYND Beyond Meat Inc. | 0.01% | 4,100 | $13K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.00% | 50 | $8K | Reduce -100.0% |
| BZFD Buzzfeed Inc. | 0.00% | 2,000 | $4K | No change |
| PDYN Palladyne AI Corp. | 0.00% | 500 | $3K | No change |
| FARADAY FUTURE INTLGT ELEC I | 0.00% | 2,538 | $3K | No change |
| DIGITAL ALLY INC | 0.00% | 10,000 | $241 | No change |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($122.5M), NVIDIA CORPORATION puts ($59.0M), SPDR GOLD TR calls ($35.1M), PDD HOLDINGS INC calls ($20.9M), TESLA INC puts ($14.9M), SELECT SECTOR SPDR TR calls ($13.7M), ALIBABA GROUP HLDG LTD puts ($13.4M), JD.COM INC puts ($13.4M), SPDR GOLD TR puts ($13.2M), BANK OF AMER CORP puts ($12.8M), PDD HOLDINGS INC puts ($11.9M), CITIGROUP INC calls ($11.1M), and 183 more.
Other holdings (9): bonds, preferreds, convertibles and warrants · $3.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,464 | $3.0M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 444 | $533K | No change |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | 25,337 | $7K | No change |
| GWHWW Ess Tech Inc. -CW27 | *W EXP 10/08/202 | 20,130 | $2K | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 32,888 | $1K | No change |
| FFAIW Faraday Future -CW27 | *W EXP 07/21/202 | 11,700 | $526 | No change |
| BZFDW Buzzfeed Inc. -CW27 | *W EXP 12/03/202 | 8,333 | $458 | No change |
| SWVLW Pivotal Holdings Corp. -CW27 | *W EXP 99/99/999 | 10,000 | $154 | No change |
| MLECW Moolec Science SA | *W EXP 12/30/202 | 12,500 | $106 | No change |
Total filed on the 13F, all lines: $188.4M.
Portfolio Sells Q4 2024 → Q1 2025
| MSTR Strategy Inc. | Reduce -98.9% | 0.75% | −19.67 |
| MSFT Microsoft Corp. | Reduce -97.7% | 0.92% | −13.19 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -87.0% | 4.17% | −6.23 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -100.0% | 0.00% | −4.93 |
| AMD Advanced Micro Devices | Reduce -95.3% | 0.38% | −2.54 |
| BABA Alibaba Group Holding-SP ADR | Reduce -86.4% | 5.21% | −2.38 |
| JD Jd.com Inc.-ADR | Reduce -98.6% | 0.13% | −2.31 |
| AMZN Amazon.com Inc. | Reduce -92.7% | 0.40% | −1.54 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −1.38 |
| TSLA Tesla Inc. | Sold out | 0.00% | −1.16 |
| WFC Wells Fargo & Co. | Reduce -76.7% | 3.66% | −1.09 |
| CRM Salesforce Inc. | Reduce -94.6% | 0.16% | −0.96 |
| GDX Vaneck Gold Miners ETF | Reduce -99.7% | 0.01% | −0.96 |
| XLF SS Financial Select Sector | Reduce -90.7% | 0.23% | −0.53 |
| GE General Electric | Sold out | 0.00% | −0.45 |
| DIS The Walt Disney Co. | Reduce -84.7% | 0.29% | −0.37 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.33 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.24 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.22 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −0.22 |
| APTV Aptiv PLC | Sold out | 0.00% | −0.22 |
| APA Apa Corp. | Sold out | 0.00% | −0.21 |
| CE Celanese Corp. | Sold out | 0.00% | −0.21 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.21 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.20 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.20 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.20 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.20 |
| AES AES Corp. | Sold out | 0.00% | −0.20 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.20 |
| MRNA Moderna Inc. | Reduce -94.2% | 0.03% | −0.20 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.20 |
| HUM Humana Inc. | Sold out | 0.00% | −0.19 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.19 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.18 |
| BIIB Biogen Inc. | Reduce -81.1% | 0.20% | −0.17 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −0.17 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.16 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.16 |
| ARM Arm Holdings PLC-ADR | Reduce -91.5% | 0.04% | −0.14 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.14 |
| BA The Boeing Co. | Reduce -83.6% | 0.15% | −0.14 |
| NKE Nike Inc. Class B | Reduce -83.6% | 0.11% | −0.14 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.13 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.12 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.11 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.10 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.07 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.07 |
| KOLD Proshares Ultrashort Bloombe | Sold out | 0.00% | −0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Add +195.3% | 29.72% | +25.86 |
| IBIT iShares Bitcoin Trust ETF | Add +312.2% | 4.09% | +3.74 |
| GME Gamestop Corp. Class A | Add +211.9% | 4.22% | +3.63 |
| LMT Lockheed Martin Corp. | Add +155.0% | 2.47% | +2.14 |
| META Meta Platforms Inc. Class A | Add +1904.3% | 2.01% | +1.98 |
| X United States Steel Corp. | New | 1.73% | +1.73 |
| XLE SS Energy Select Sector | Add +722.9% | 1.73% | +1.67 |
| HON Honeywell International Inc. | New | 1.04% | +1.04 |
| COIN Coinbase Global Inc. Class A | Add +82.1% | 1.27% | +0.96 |
| GS Goldman Sachs Group Inc. | New | 0.95% | +0.95 |
| COST Costco Wholesale Corp. | New | 0.82% | +0.82 |
| RIOT Riot Platforms Inc. | Add +377.8% | 0.73% | +0.66 |
| KWEB Kranesh Csi China Internet | New | 0.66% | +0.66 |
| BILI Bilibili Inc.-Sponsored ADR | Add +132.6% | 0.74% | +0.64 |
| SBUX Starbucks Corp. | New | 0.60% | +0.60 |
| WMT Walmart Inc. | New | 0.60% | +0.60 |
| GOOGL Alphabet Inc. Class A | Add +623.4% | 0.54% | +0.52 |
| CMG Chipotle Mexican Grill Inc. | Add +357.1% | 0.52% | +0.48 |
| AAL American Airlines Group Inc. | New | 0.48% | +0.48 |
| CART Maplebear Inc. | Add +163.2% | 0.54% | +0.47 |
| AAPL Apple Inc. | Add +275.8% | 0.51% | +0.46 |
| PLTR Palantir Technologies Inc. Class A | Add +24.8% | 0.58% | +0.45 |
| XLB SS Materials Select Sector | New | 0.45% | +0.45 |
| FOUR SHIFT4 Payments Inc. Class A | New | 0.45% | +0.45 |
| TWLO Twilio Inc. Class A | New | 0.40% | +0.40 |
| XLK SS Technology Select Sector | New | 0.35% | +0.35 |
| GEV GE Vernova Inc. | New | 0.31% | +0.31 |
| QCOM Qualcomm Inc. | Add +65.8% | 0.37% | +0.30 |
| ORCL Oracle Corp. | New | 0.29% | +0.29 |
| SNAP Snap Inc. Class A | Add +508.6% | 0.30% | +0.28 |
| AMC AMC Entertainment HLDS Class A | Add +35.0% | 0.41% | +0.28 |
| LEN Lennar Corp. Class A | Add +5.1% | 0.39% | +0.25 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.25% | +0.25 |
| MARA Mara Holdings Inc. | Add +28177.9% | 0.24% | +0.24 |
| KRE SS SPDR S&P Regional Bank | New | 0.24% | +0.24 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.23% | +0.23 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.23% | +0.23 |
| SMCI Super Micro Computer Inc. | Add +14.3% | 0.30% | +0.23 |
| XYZ Block Inc. | Add +551.0% | 0.24% | +0.22 |
| PLAY Dave & Buster's Entertainmen | New | 0.22% | +0.22 |
| PYPL PayPal Holdings Inc. | Add +1266.4% | 0.22% | +0.22 |
| TDOC Teladoc Health Inc. | Add +350.0% | 0.23% | +0.21 |
| VST Vistra Corp. | New | 0.20% | +0.20 |
| BIDU Baidu Inc. - Spon ADR | New | 0.19% | +0.19 |
| NFLX Netflix Inc. | New | 0.18% | +0.18 |
| EEM iShares MSCI Emerging Market | New | 0.18% | +0.18 |
| AKAM Akamai Technologies Inc. | New | 0.17% | +0.17 |
| APP AppLovin Corp. Class A | New | 0.17% | +0.17 |
| AVGO Broadcom Inc. | Add +110.5% | 0.21% | +0.17 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.17% | +0.17 |
Options Activity Q4 2024 → Q1 2025
| STATE STR SPDR S&P 500 ETF T | put | Add +37.6% | 218,900 | $122.5M |
| ISHARES TR | call | Sold out | 1,519,600 | $63.5Mbefore exit |
| NVIDIA CORPORATION | put | Add +161.1% | 544,600 | $59.0M |
| SPDR GOLD TR | call | Add +20183.3% | 121,700 | $35.1M |
| INVESCO QQQ TR | put | Sold out | 50,000 | $25.6Mbefore exit |
| PDD HOLDINGS INC | call | Reduce -4.8% | 176,200 | $20.9M |
| TESLA INC | put | Reduce -62.3% | 57,400 | $14.9M |
| SELECT SECTOR SPDR TR | call | Add +7065.2% | 164,800 | $13.7M |
| ALIBABA GROUP HLDG LTD | put | Reduce -83.4% | 101,700 | $13.4M |
| JD.COM INC | put | Reduce -44.8% | 325,000 | $13.4M |
| SPDR GOLD TR | put | Add +131.3% | 45,800 | $13.2M |
| BANK OF AMER CORP | put | Reduce -82.2% | 307,000 | $12.8M |
| PDD HOLDINGS INC | put | Reduce -48.9% | 100,600 | $11.9M |
| CITIGROUP INC | call | Reduce -4.1% | 155,900 | $11.1M |
| ISHARES TR | put | Add +1.1% | 105,200 | $9.6M |
| STATE STR SPDR S&P 500 ETF T | call | Reduce -56.1% | 17,000 | $9.5M |
| SIRIUSXM HOLDINGS INC | call | Reduce -22.2% | 391,200 | $8.8M |
| STRATEGY INC | call | Reduce -15.5% | 30,000 | $8.6M |
| ALIBABA GROUP HLDG LTD | call | Reduce -49.4% | 65,300 | $8.6M |
| KRANESHARES TRUST | call | New | 242,600 | $8.5M |
| VANECK ETF TRUST | put | Reduce -64.9% | 164,500 | $8.3M |
| CAPRI HOLDINGS LIMITED | call | Sold out | 387,500 | $8.2Mbefore exit |
| TESLA INC | call | Add +10.7% | 29,000 | $7.5M |
| JD.COM INC | call | Reduce -55.0% | 170,000 | $7.0M |
| ISHARES SILVER TR | call | Reduce -56.5% | 214,600 | $6.7M |
| BANK OF AMER CORP | call | Add +2.5% | 154,300 | $6.4M |
| STRATEGY INC | put | Reduce -94.8% | 20,500 | $5.9M |
| ISHARES TR | put | Sold out | 135,000 | $5.6Mbefore exit |
| UNITED STATES STL CORP NEW | put | Reduce -93.7% | 108,300 | $4.6M |
| UNITED STATES STL CORP NEW | call | Reduce -85.6% | 104,200 | $4.4M |
| GE AEROSPACE | put | Sold out | 25,000 | $4.2Mbefore exit |
| PROSHARES TR II | put | Sold out | 90,000 | $3.8Mbefore exit |
| WELLS FARGO & CO | put | Reduce -88.9% | 50,100 | $3.6M |
| MICROSOFT CORP | call | Add +187.9% | 9,500 | $3.6M |
| SIRIUSXM HOLDINGS INC | put | Sold out | 156,000 | $3.6Mbefore exit |
| VANECK ETF TRUST | call | Add +299.4% | 67,500 | $3.5M |
| KRANESHARES TRUST | put | New | 97,900 | $3.4M |
| DISNEY WALT CO | put | Sold out | 30,000 | $3.3Mbefore exit |
| GE VERNOVA INC | put | New | 10,000 | $3.1M |
| SUPER MICRO COMPUTER INC | put | Sold out | 99,400 | $3.0Mbefore exit |
| PALANTIR TECHNOLOGIES INC | put | Reduce -70.8% | 35,600 | $3.0M |
| META PLATFORMS INC | call | Add +264.3% | 5,100 | $2.9M |
| SELECT SECTOR SPDR TR | put | Add +15.1% | 51,800 | $2.6M |
| SELECT SECTOR SPDR TR | put | Add +1027.3% | 12,400 | $2.6M |
| AMAZON COM INC | call | Add +33.7% | 13,100 | $2.5M |
| RIOT PLATFORMS INC | call | Add +23233.3% | 350,000 | $2.5M |
| INTERNATIONAL PAPER CO | call | Sold out | 44,300 | $2.4Mbefore exit |
| COINBASE GLOBAL INC | call | Reduce -77.5% | 13,700 | $2.4M |
| ADVANCED MICRO DEVICES INC | put | Reduce -84.8% | 22,700 | $2.3M |
| SELECT SECTOR SPDR TR | call | Reduce -31.5% | 44,500 | $2.2M |
Showing the first 50 of 232.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| AILWQ Arrowroot Acquisition -CW26 | *W EXP 04/16/202 | Sold out | 20,536 | $267before 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 | 127 | $873.3M | NVDA, TSLA, GOOGL, TSM, META |
| Q1 2026 | 136 | $333.3M | MSFT, GLD, TSLA, SPY, BE |
| Q4 2025 | 168 | $833.4M | NVDA, AAPL, SPY, AMZN, GOOG |
| Q3 2025 | 127 | $232.1M | GLD, AMZN, BAC, JD, KWEB |
| Q2 2025 | 119 | $163.2M | SPY, BAC, WFC, IBIT, TLT |
| Q1 2025 | 148 | $184.8M | NVDA, BABA, BAC, GME, SPY |
| Q4 2024 | 136 | $597.5M | MSTR, MSFT, SPY, BABA, TSM |
| Q3 2024 | 109 | $210.9M | BAC, C, EEM, MSTR, WFC |
| Q2 2024 | 148 | $369.0M | SPY, AAPL, BAC, C, PDD |
| Q1 2024 | 195 | $246.6M | C, BAC, QQQ, NVDA, EEM |