Marex Group Ltd

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 19, 2025), Marex Group Ltd reported 507 stock positions worth $5.3 billion. Its top holding was Strategy (MSTR) at 14.5% of the portfolio, followed by Mastercard Class A (MA, 8.3%) and Booking (BKNG, 7.1%). Compared with Q1 2025, it opened 169 new positions, sold out of 335, added to 137 and reduced 168. The biggest buy was Mastercard Class A (MA, shares +188%) and the biggest sale iShares Bitcoin Trust ETF (IBIT, shares −98%).

Most Recent 13F
Q2 2026
Location
London, X0
CIK
0001997464
Portfolio Value
$5.3B (Q2 2025)
SEC Filing
0001997464-25-000052 ↗ filed Aug 19, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $3.1B Q1 2024 Q2 2024: $3.7B Q2 2024 Q3 2024: $4.4B Q3 2024 Q4 2024: $5.9B Q4 2024 Q1 2025: $5.2B Q1 2025 Q2 2025: $5.3B $5.3B Q2 2025 Q3 2025: $8.1B Q3 2025 Q4 2025: $9.2B Q4 2025 Q1 2026: $9.6B Q1 2026 Q2 2026: $13.5B Q2 2026

Holdings 507 stocks · $5.3B
MSTR Strategy Inc. filed as MICROSTRATEGY INC 14.45% 1,880,145 $759.9M Add +12.1%
MA Mastercard Inc. Class A 8.31% 777,714 $437.0M Add +187.9%
BKNG Booking Holdings Inc. 7.13% 64,811 $375.2M Add +103.7%
LLY Eli Lilly & Co. 4.22% 284,407 $221.7M Add +41.4%
TSLA Tesla Inc. 3.29% 545,241 $173.2M Reduce -15.9%
INTU Intuit Inc. 2.97% 198,139 $156.1M Add +13.0%
HOOD Robinhood Markets Inc. Class A 2.54% 1,462,246 $133.7M Add +69.0%
NVDA Nvidia Corp. 2.48% 824,371 $130.2M Reduce -60.1%
CRWD CrowdStrike Holdings Inc. Class A 1.94% 200,000 $101.9M Reduce -38.0%
BRK.B Berkshire Hathaway Inc. Class B 1.92% 207,826 $101.0M Add +83.0%
RGTI Rigetti Computing Inc. 1.66% 7,370,520 $87.4M Add +2372.9%
UNH Unitedhealth Group Inc. 1.64% 276,063 $86.1M Reduce -16.9%
HD Home Depot Inc. 1.61% 230,308 $84.4M Add +91.7%
MARA Mara Holdings Inc. 1.60% 5,376,354 $84.3M Add +1009.4%
QBTS D-Wave Quantum Inc. 1.52% 5,469,291 $80.1M Add +6019.1%
HUM Humana Inc. 1.42% 305,720 $74.7M New
RKLB Rocket Lab Corp. 1.41% 2,078,807 $74.4M Add +941.0%
GS Goldman Sachs Group Inc. 1.28% 95,016 $67.2M Add +71.2%
AMGN Amgen Inc. 1.06% 200,310 $55.9M Add +10.7%
CRM Salesforce Inc. 1.05% 203,118 $55.4M Add +222.2%
RDDT Reddit Inc. Class A 1.04% 364,220 $54.8M Add +2309.8%
BA The Boeing Co. 1.03% 258,521 $54.2M Reduce -50.7%
HIMS Hims & Hers Health Inc. 1.02% 1,081,476 $53.6M Add +233.0%
SPGI S&P Global Inc. 1.00% 100,058 $52.8M Add +97.6%
COST Costco Wholesale Corp. 0.95% 50,296 $49.8M Add +7406.9%
SYK Stryker Corp. 0.95% 125,733 $49.7M Reduce -61.4%
KLAC KLA Corp. 0.86% 50,407 $45.2M Reduce -57.5%
MRVL Marvell Technology Inc. 0.79% 537,900 $41.6M Add +977.7%
MCD McDonald's Corp. 0.79% 141,586 $41.4M Reduce -52.6%
BLK BlackRock Inc. 0.77% 38,824 $40.7M Reduce -31.5%
TMO Thermo Fisher Scientific Inc. 0.77% 100,436 $40.7M Reduce -17.6%
QQQ Invesco QQQ Trust Series 1 0.77% 73,375 $40.5M Add +148.1%
ADBE Adobe Inc. 0.75% 102,086 $39.5M Add +12888.0%
MCK McKesson Corp. 0.72% 51,370 $37.6M Add +5037.0%
LOW Lowe's Cos Inc. 0.68% 160,556 $35.6M Reduce -50.3%
RIOT Riot Platforms Inc. 0.68% 3,146,336 $35.6M Add +39.7%
NOW ServiceNow Inc. 0.59% 30,339 $31.2M Reduce -43.3%
CI The Cigna Group 0.57% 90,196 $29.8M New
TLT iShares 20+ Year Treasury BD 0.54% 323,349 $28.5M Add +0.1%
REGN Regeneron Pharmaceuticals 0.51% 51,433 $27.0M Reduce -27.4%
TEM Tempus AI Inc. Class A 0.51% 418,947 $26.6M Add +4328.1%
DELL Dell Technologies -C 0.48% 204,400 $25.1M Reduce -42.7%
ACHR Archer Aviation Inc. Class A 0.47% 2,276,367 $24.7M Add +6122.3%
IONQ Ionq Inc. 0.46% 561,660 $24.1M Reduce -46.7%
TMUS T-Mobile US Inc. 0.46% 100,525 $24.0M New
GOOG Alphabet Inc. Class C 0.44% 131,409 $23.3M Reduce -48.5%
GME Gamestop Corp. Class A 0.44% 939,386 $22.9M New
SBUX Starbucks Corp. 0.43% 248,027 $22.7M Add +0.5%
ISRG Intuitive Surgical Inc. 0.42% 40,463 $22.0M New
MSFT Microsoft Corp. 0.41% 43,200 $21.5M Reduce -82.4%
NFLX Netflix Inc. 0.38% 15,036 $20.1M Reduce -87.0%
AMAT Applied Materials Inc. 0.38% 109,853 $20.1M Reduce -12.5%
APP AppLovin Corp. Class A 0.37% 56,044 $19.6M Add +1020.4%
VRT Vertiv Holdings Co. Class A 0.36% 147,131 $18.9M Add +669.6%
CASY Casey's General Stores Inc. 0.34% 35,145 $17.9M New
OKLO Oklo Inc. 0.33% 308,040 $17.2M New
BABA Alibaba Group Holding-SP ADR 0.33% 151,120 $17.1M Reduce -13.6%
ETHA iShares Ethereum Trust ETF 0.32% 887,275 $16.9M Add +56.9%
FDX FedEx Corp. 0.30% 70,000 $15.9M Add +4134.7%
AAPL Apple Inc. 0.28% 71,192 $14.6M Reduce -13.8%
SMCI Super Micro Computer Inc. 0.27% 288,074 $14.1M Reduce -71.7%
ORCL Oracle Corp. 0.27% 64,163 $14.0M Reduce -55.0%
TME Tencent Music Entertainm-ADR 0.26% 700,702 $13.7M Reduce -4.0%
NVO Novo-Nordisk A/S-Spons ADR 0.24% 181,066 $12.5M Add +150.8%
PDD PDD Holdings Inc. 0.24% 118,650 $12.4M Add +170.5%
FXI iShares China Large-Cap ETF 0.23% 332,137 $12.2M Reduce -53.2%
LMT Lockheed Martin Corp. 0.23% 26,204 $12.1M Add +2466.5%
UPST Upstart Holdings Inc. 0.22% 182,740 $11.8M Add +2565.8%
AMD Advanced Micro Devices 0.21% 79,591 $11.3M Reduce -62.5%
AVGO Broadcom Inc. 0.21% 40,804 $11.2M Reduce -93.3%
SOFI Sofi Technologies Inc. 0.21% 613,903 $11.2M Add +42.1%
ASTS Ast Spacemobile Inc. 0.21% 231,767 $10.8M Add +5.3%
FBTC Fidelity Wise Origin Bitcoin 0.21% 114,882 $10.8M Reduce -24.0%
SANA Sana Biotechnology Inc. 0.20% 3,817,780 $10.4M Add +6263.0%
TGTX TG Therapeutics Inc. 0.19% 278,316 $10.0M Add +1.2%
MELI MercadoLibre Inc. 0.19% 3,793 $9.9M Add +148.4%
AMZN Amazon.com Inc. 0.18% 44,146 $9.7M Add +42.3%
INTC Intel Corp. 0.17% 407,753 $9.1M Reduce -6.4%
EQIX Equinix Inc. 0.16% 10,624 $8.5M Reduce -78.8%
XOP SS SPDR S&P Og Exp & Prod 0.16% 66,889 $8.4M Add +4052.0%
MTN Vail Resorts Inc. 0.15% 50,000 $7.9M New
LCID Lucid Group Inc. 0.14% 3,608,134 $7.6M New
IBIT iShares Bitcoin Trust ETF 0.14% 120,863 $7.4M Reduce -98.2%
BIDU Baidu Inc. - Spon ADR 0.14% 83,956 $7.2M Add +597.5%
NEM Newmont Corp. 0.14% 122,280 $7.1M Reduce -11.0%
SLV iShares Silver Trust 0.13% 214,668 $7.0M Reduce -62.9%
EXE Expand Energy Corp. 0.13% 59,774 $7.0M Add +72.0%
QUBT Quantum Computing Inc. 0.13% 352,607 $6.8M Add +812.9%
JD Jd.com Inc.-ADR 0.12% 196,354 $6.4M Add +46.8%
ECL Ecolab Inc. 0.12% 22,790 $6.1M New
NVR NVR Inc. 0.12% 827 $6.1M Reduce -1.3%
TECK Teck Resources Ltd.-CLS B 0.12% 150,321 $6.1M No change
FSLR First Solar Inc. 0.11% 35,993 $6.0M Add +12.3%
ITW Illinois Tool Works 0.11% 23,818 $5.9M New
APD Air Products & Chemicals Inc. 0.11% 20,749 $5.9M New
NTLA Intellia Therapeutics Inc. 0.11% 623,600 $5.8M New
COIN Coinbase Global Inc. Class A 0.11% 15,846 $5.6M Add +32.9%
UBER Uber Technologies Inc. 0.10% 59,105 $5.5M Add +0.4%
MKL Markel Group Inc. 0.10% 2,712 $5.4M Reduce -32.4%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.09% 61,093 $4.9M Reduce -52.9%
CVNA Carvana Co. 0.09% 14,317 $4.8M New
ASAN Asana Inc. Class A 0.09% 353,478 $4.8M Add +65.9%
AGI Alamos Gold Inc. Class A 0.09% 177,225 $4.7M Add +18.1%
PLTR Palantir Technologies Inc. Class A 0.09% 34,135 $4.7M Add +149.9%
META Meta Platforms Inc. Class A 0.09% 6,203 $4.6M Reduce -81.8%
LULU Lululemon Athletica Inc. 0.08% 18,465 $4.4M Reduce -40.5%
INSW International Seaways Inc. 0.08% 117,215 $4.3M Reduce -47.0%
TSM Taiwan Semiconductor-SP ADR 0.08% 17,864 $4.0M Reduce -53.9%
ZROZ PIMCO 25+ YR Zero CPN US Tif 0.07% 58,757 $3.9M Add +68.0%
VAL Valaris Ltd. 0.07% 92,342 $3.9M Reduce -60.9%
SOUN Soundhound AI Inc. Class A 0.07% 347,433 $3.7M New
DNLI Denali Therapeutics Inc. 0.07% 262,000 $3.7M New
ETOR Etoro Group Ltd. Class A 0.07% 52,556 $3.5M New
MOS The Mosaic Co. 0.06% 92,462 $3.4M Add +309.6%
MPWR Monolithic Power Systems Inc. 0.06% 4,609 $3.4M New
CRCL Circle Internet Group Inc. 0.06% 18,321 $3.3M New
IONS Ionis Pharmaceuticals Inc. 0.06% 83,361 $3.3M New
SIMO Silicon Motion Technol-ADR 0.06% 42,527 $3.2M New
DHR Danaher Corp. 0.06% 15,811 $3.1M New
PEP Pepsico Inc. 0.06% 23,308 $3.1M New
B Barrick Mining Corp. 0.06% 143,621 $3.0M Reduce -37.9%
VRTX Vertex Pharmaceuticals Inc. 0.06% 6,703 $3.0M New
RUN Sunrun Inc. 0.06% 360,381 $2.9M Reduce -7.3%
MRK Merck & Co. Inc. 0.06% 37,192 $2.9M Add +9.2%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.06% 40,000 $2.9M New
AAL American Airlines Group Inc. 0.06% 261,418 $2.9M Add +74.5%
RIVN Rivian Automotive Inc. Class A 0.05% 207,890 $2.9M Add +1540.5%
VOO Vanguard S&P 500 ETF 0.05% 4,962 $2.8M Reduce -45.2%
XLV SS Health Care Select Sector 0.05% 20,030 $2.7M Add +0.1%
NKE Nike Inc. Class B 0.05% 37,525 $2.7M Reduce -80.3%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.05% 150,000 $2.7M Reduce -0.7%
PM Philip Morris International 0.05% 14,500 $2.6M Reduce -89.2%
ARM Arm Holdings PLC-ADR 0.05% 16,275 $2.6M Reduce -68.7%
PFF iShares Preferred & Income S 0.05% 83,000 $2.5M New
ROKU Roku Inc. 0.05% 28,882 $2.5M Reduce -3.7%
AVB Avalonbay Communities Inc. 0.05% 12,400 $2.5M New
EMBJ Embraer SA-Spon ADR 0.05% 43,848 $2.5M New
NTR Nutrien Ltd. 0.04% 40,405 $2.4M New
GOOGL Alphabet Inc. Class A 0.04% 13,082 $2.3M Reduce -77.0%
VOLATILITY SHS TR 0.04% 140,000 $2.3M New
CINF Cincinnati Financial Corp. 0.04% 15,200 $2.3M New
SE Sea Ltd.-ADR 0.04% 14,054 $2.2M Reduce -31.3%
GLD SPDR Gold Shares 0.04% 7,289 $2.2M Add +24.4%
ALAB Astera Labs Inc. 0.04% 24,300 $2.2M New
ONDS Ondas Inc. filed as ONDAS HLDGS INC 0.04% 1,100,000 $2.1M New
ANF Abercrombie & Fitch Co. Class A 0.04% 25,316 $2.1M New
Z Zillow Group Inc. Class C 0.04% 28,997 $2.0M Add +51.4%
ASML ASML Holding NV-NY Reg SHS 0.04% 2,417 $1.9M Add +6.1%
DAR Darling Ingredients Inc. 0.04% 50,740 $1.9M Reduce -17.1%
STZ Constellation Brands Inc. Class A 0.04% 11,614 $1.9M New
SWKS Skyworks Solutions Inc. 0.04% 24,981 $1.9M Add +520.0%
RXRX Recursion Pharmaceuticals-A 0.03% 355,500 $1.8M New
KO The Coca-Cola Co. 0.03% 25,404 $1.8M Add +39.3%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.03% 16,380 $1.8M Add +13.4%
FALN iShares Fallen Angels ETF 0.03% 65,139 $1.8M Add +748.6%
TRIP Tripadvisor Inc. 0.03% 134,172 $1.8M Add +117.8%
ARQ Arq Inc. 0.03% 323,456 $1.7M No change
DXC DXC Technology Co. 0.03% 110,958 $1.7M Add +75.7%
SBAC SBA Communications Corp. 0.03% 7,193 $1.7M New
SPY SS SPDR S&P 500 ETF Trust-US 0.03% 2,681 $1.7M Reduce -37.3%
XYZ Block Inc. 0.03% 24,109 $1.6M Add +291.7%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.03% 50,000 $1.6M Reduce -29.3%
TGT Target Corp. 0.03% 16,202 $1.6M Reduce -91.5%
BN Brookfield Corp. 0.03% 25,695 $1.6M Reduce -80.3%
GDXJ Vaneck Junior Gold Miners 0.03% 23,499 $1.6M Reduce -3.2%
ESS Essex Property Trust Inc. 0.03% 5,600 $1.6M New
PFE Pfizer Inc. 0.03% 65,461 $1.6M Reduce -7.4%
URA Global X Uranium ETF 0.03% 40,185 $1.6M Reduce -89.0%
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.03% 12,541 $1.5M Reduce -10.2%
CPNG Coupang Inc. 0.03% 51,549 $1.5M Reduce -16.1%
PAM Pampa Energia SA-Spon ADR 0.03% 20,885 $1.4M Add +192.1%
AAOI Applied Optoelectronics Inc. 0.03% 55,255 $1.4M New
BBAI Bigbear.ai Holdings Inc. 0.03% 207,866 $1.4M New
ETSY Etsy Inc. 0.03% 26,827 $1.3M Reduce -26.4%
PNRG Primeenergy Resources Corp. 0.03% 9,000 $1.3M No change
NTRA Natera Inc. 0.03% 7,778 $1.3M Reduce -17.7%
URI United Rentals Inc. 0.02% 1,721 $1.3M Add +16.5%
ATHM Autohome Inc.-ADR 0.02% 50,000 $1.3M No change
WELL Welltower Inc. 0.02% 8,200 $1.3M Add +219.8%
VYX NCR Voyix Corp. 0.02% 107,064 $1.3M Add +114.1%
ILMN Illumina Inc. 0.02% 12,990 $1.2M Reduce -22.0%
INDA iShares MSCI India ETF 0.02% 21,655 $1.2M Add +42.5%
T AT&T Inc. 0.02% 41,401 $1.2M Add +315.6%
SKE Skeena Resources Ltd. 0.02% 75,001 $1.2M Reduce -29.2%
UAL United Airlines Holdings Inc. 0.02% 14,888 $1.2M Add +98.5%
AMTM Amentum Holdings Inc. 0.02% 50,000 $1.2M New
AEM Agnico Eagle Mines Ltd. 0.02% 9,798 $1.2M Reduce -72.3%
AUPH Aurinia Pharmaceuticals Inc. 0.02% 135,000 $1.1M Reduce -55.0%
ABBV Abbvie Inc. 0.02% 5,914 $1.1M Add +75.8%
MESO Mesoblast Ltd.- Spon ADR 0.02% 100,000 $1.1M No change
LRCX Lam Research Corp. 0.02% 11,046 $1.1M Reduce -98.8%
HAL Halliburton Co. 0.02% 44,514 $1.1M New
PYPL PayPal Holdings Inc. 0.02% 14,197 $1.1M Reduce -72.2%
ZM Zoom Communications Inc. 0.02% 13,266 $1.0M Reduce -15.3%
BCIC BCP Investment Corp. filed as PORTMAN RIDGE FIN CORP 0.02% 82,151 $1.0M New
BMA Banco Macro SA-ADR 0.02% 14,493 $1.0M New
NLOP Net Lease Office Property 0.02% 31,178 $1.0M New
ENPH Enphase Energy Inc. 0.02% 25,552 $1.0M Add +172.1%
VKTX Viking Therapeutics Inc. 0.02% 37,104 $983K Add +122.0%
ALGN Align Technology Inc. 0.02% 5,039 $954K Reduce -12.6%
CRWV Coreweave Inc. Class A 0.02% 5,820 $949K Reduce -75.9%
CRSP Crispr Therapeutics AG 0.02% 19,483 $948K Add +3.7%
ECHO Echostar Corp. Class A 0.02% 34,188 $947K Add +46.2%
EQX Equinox Gold Corp. 0.02% 161,176 $932K Add +92.2%
COPX Global X Copper Miners ETF 0.02% 20,421 $919K Reduce -37.2%
NIO Nio Inc. - ADR 0.02% 266,984 $916K Reduce -4.0%
DAL Delta Air Lines Inc. 0.02% 18,557 $913K Reduce -45.0%
STNG Scorpio Tankers Inc. 0.02% 23,033 $901K Reduce -68.5%
HAS Hasbro Inc. 0.02% 12,111 $894K New
SMH Vaneck Semiconductor ETF 0.02% 3,148 $878K Reduce -57.7%
GDX Vaneck Gold Miners ETF 0.02% 16,670 $868K Reduce -28.4%
RKT Rocket Cos Inc. Class A 0.02% 61,200 $868K New
KWEB Kranesh Csi China Internet 0.02% 25,235 $866K Add +86.4%
TMF Dir DLY 20+YR TR BL3X ETF-Ui 0.02% 21,583 $847K Reduce -42.5%
GPRK Geopark Ltd. 0.02% 125,000 $815K Add +24.9%
SNDK Sandisk Corp. 0.02% 17,810 $808K New
AMLP Alerian MLP ETF 0.02% 16,260 $794K New
PCT Purecycle Technologies Inc. 0.01% 57,298 $785K Reduce -28.4%
PLUG Plug Power Inc. 0.01% 518,171 $772K Add +28.6%
MTCH Match Group Inc. 0.01% 24,966 $771K Add +3.3%
VALE Vale SA-SP ADR 0.01% 78,266 $760K Add +57.7%
DE Deere & Co. 0.01% 1,487 $756K New
BMRN Biomarin Pharmaceutical Inc. 0.01% 13,728 $755K New
VLO Valero Energy Corp. 0.01% 5,582 $750K Add +135.1%
XPEV Xpeng Inc. - ADR 0.01% 41,771 $747K New
EWZ iShares MSCI Brazil ETF 0.01% 25,836 $745K New
BBWI Bath & Body Works Inc. 0.01% 24,861 $745K Reduce -54.3%
MP MP Materials Corp. 0.01% 21,902 $729K New
RSP Invesco S&P 500 Equal Weight 0.01% 3,988 $725K Reduce -48.0%
SMR Nuscale Power Corp. 0.01% 18,121 $717K New
GLXY Galaxy Digital Inc. Class A 0.01% 32,500 $712K New
CECO Ceco Environmental Corp. 0.01% 24,974 $707K Reduce -40.5%
VZ Verizon Communications Inc. 0.01% 16,172 $700K Add +152.3%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.01% 9,621 $693K Reduce -6.9%
IE Ivanhoe Electric Inc. / US 0.01% 75,000 $680K No change
SXT Sensient Technologies Corp. 0.01% 6,884 $678K New
IAG Iamgold Corp. 0.01% 91,918 $677K Add +14.9%
TXN Texas Instruments Inc. 0.01% 3,247 $674K New
BULL Webull Corp. 0.01% 56,251 $673K New
BBW Build-A-Bear Workshop Inc. 0.01% 13,000 $670K Reduce -32.6%
IJR iShares Core S&P Small-Cap E 0.01% 6,110 $668K Reduce -22.7%
FEAM 5E Advanced Materials Inc. 0.01% 188,917 $665K Add +477.8%
MET Metlife Inc. 0.01% 8,256 $664K New
XBI SS SPDR S&P Biotech ETF 0.01% 7,868 $652K Add +63.6%
GEV GE Vernova Inc. 0.01% 1,232 $652K Reduce -48.2%
W Wayfair Inc. Class A 0.01% 12,746 $652K Reduce -74.1%
AVR Anteris Technologies Global 0.01% 169,029 $641K Reduce -15.5%
QCOM Qualcomm Inc. 0.01% 3,984 $634K Reduce -93.4%
JNJ Johnson & Johnson 0.01% 4,151 $634K Reduce -95.9%
GGAL Grupo Financiero Galicia-ADR 0.01% 12,451 $627K New
JAZZ Jazz Pharmaceuticals PLC 0.01% 5,749 $610K Add +95.8%
PBR Petroleo Brasileiro-Spon ADR 0.01% 48,151 $602K Add +315.1%
WMT Walmart Inc. 0.01% 6,133 $600K Reduce -25.2%
AES AES Corp. 0.01% 56,306 $592K Add +44.3%
BMY Bristol-Myers Squibb Co. 0.01% 12,772 $591K Reduce -90.4%
ANET Arista Networks Inc. 0.01% 5,712 $584K Reduce -18.8%
A Agilent Technologies Inc. 0.01% 4,914 $580K Add +27.0%
ARWR Arrowhead Pharmaceuticals Inc. 0.01% 36,469 $576K Add +27.6%
OXY Occidental Petroleum Corp. 0.01% 13,646 $573K Reduce -6.8%
ASPI Asp Isotopes Inc. 0.01% 75,000 $552K Reduce -9.1%
JOBY Joby Aviation Inc. 0.01% 52,061 $549K New
MDGL Madrigal Pharmaceuticals Inc. 0.01% 1,811 $548K Add +150.1%
KGC Kinross Gold Corp. 0.01% 34,751 $543K Reduce -88.7%
INSP Inspire Medical Systems Inc. 0.01% 4,172 $541K Add +156.1%
DOCS Doximity Inc. Class A 0.01% 8,611 $528K New
HBI Hanesbrands Inc. 0.01% 114,456 $524K New
GEN Gen Digital Inc. 0.01% 17,676 $520K Add +16.6%
SEDG Solaredge Technologies Inc. 0.01% 25,406 $518K Reduce -6.3%
SAND Sandstorm Gold Ltd. 0.01% 55,000 $517K Add +18.8%
CRDO Credo Technology Group Holdi 0.01% 5,555 $514K New
ANGI Angi Inc. 0.01% 33,016 $504K New
AU Anglogold Ashanti PLC 0.01% 11,001 $501K Reduce -31.6%
C Citigroup Inc. 0.01% 5,866 $499K Reduce -62.9%
BRBR Bellring Brands Inc. 0.01% 8,582 $497K Add +135.3%
TDOC Teladoc Health Inc. 0.01% 55,980 $488K Add +24.5%
XLF SS Financial Select Sector 0.01% 9,216 $483K Add +67.2%
EW Edwards Lifesciences Corp. 0.01% 6,061 $474K Add +35.2%
RIG Transocean Ltd. 0.01% 181,694 $471K Add +77.7%
TOST Toast Inc. Class A 0.01% 10,488 $465K New
TEVA Teva Pharmaceutical-SP ADR 0.01% 27,655 $463K Add +17.7%
SRE Sempra 0.01% 6,080 $461K New
ZD Ziff Davis Inc. 0.01% 15,000 $454K New
SSRM SSR Mining Inc. 0.01% 35,000 $447K No change
LEU Centrus Energy Corp. Class A 0.01% 2,400 $440K New
CIEN Ciena Corp. 0.01% 5,342 $434K Add +20.6%
EWY iShares MSCI South Korea ETF 0.01% 6,052 $434K Reduce -21.7%
TWLO Twilio Inc. Class A 0.01% 3,471 $432K Reduce -30.1%
DECK Deckers Outdoor Corp. 0.01% 4,181 $431K Reduce -80.1%
BG Bunge Global SA 0.01% 5,320 $427K No change
CDE Coeur Mining Inc. 0.01% 48,066 $426K Reduce -42.1%
CELH Celsius Holdings Inc. 0.01% 9,167 $425K Reduce -12.7%
DVN Devon Energy Corp. 0.01% 13,161 $419K Add +95.6%
ZIM Zim Integrated Shipping Serv 0.01% 25,777 $415K Add +18.7%
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.01% 11,632 $410K Reduce -50.2%
AIP Arteris Inc. 0.01% 41,500 $395K New
PANW Palo Alto Networks Inc. 0.01% 1,932 $395K Add +23.9%
TWO Two Harbors Investment Corp. filed as TWO HBRS INVT CORP 0.01% 36,651 $395K New
DOCU Docusign Inc. 0.01% 4,960 $386K Reduce -49.5%
APLD Applied Digital Corp. 0.01% 38,077 $383K New
HCA HCA Healthcare Inc. 0.01% 1,000 $383K Reduce -94.6%
APA Apa Corp. 0.01% 20,913 $382K Reduce -28.2%
CLS Celestica Inc. 0.01% 2,360 $368K New
KKR KKR & Co. Inc. 0.01% 2,755 $366K Reduce -86.1%
RMD Resmed Inc. 0.01% 1,400 $361K Reduce -31.7%
NNE Nano Nuclear Energy Inc. 0.01% 10,447 $360K New
MRNA Moderna Inc. 0.01% 12,999 $359K Reduce -90.0%
USO United States Oil Fund LP 0.01% 4,904 $359K New
DQ Daqo New Energy Corp.-ADR 0.01% 23,457 $356K Add +25.3%
DLR Digital Realty Trust Inc. 0.01% 2,033 $354K New
GRAB Grab Holdings Ltd. Class A 0.01% 70,188 $353K Reduce -1.4%
THC Tenet Healthcare Corp. 0.01% 2,000 $352K No change
JBLU Jetblue Airways Corp. 0.01% 81,671 $345K Add +54.6%
NEE Nextera Energy Inc. 0.01% 4,972 $345K Add +49.2%
OCSL Oaktree Specialty Lending Co. 0.01% 25,211 $344K New
ECC Eagle Point Credit Co. 0.01% 44,952 $344K New
JMIA Jumia Technologies AG-ADR 0.01% 85,000 $342K No change
EXAS Exact Sciences Corp. 0.01% 6,426 $341K Reduce -19.7%
CL Colgate-Palmolive Co. 0.01% 3,679 $334K Add +53.7%
CIFR Cipher Digital Inc. 0.01% 69,755 $333K Add +157.3%
RCAT Red Cat Holdings Inc. 0.01% 45,753 $333K New
FANG Diamondback Energy Inc. 0.01% 2,409 $331K New
HPE Hewlett Packard Enterprise 0.01% 16,165 $331K Reduce -33.9%
SHOP Shopify Inc. Class A 0.01% 2,843 $328K Reduce -59.9%
CMG Chipotle Mexican Grill Inc. 0.01% 5,739 $322K Reduce -36.2%
GRMN Garmin Ltd. 0.01% 1,539 $321K Reduce -16.6%
MAG Mag Silver Corp. 0.01% 15,000 $319K Reduce -6.4%
MDT Medtronic PLC 0.01% 3,633 $317K Reduce -59.7%
UTHR United Therapeutics Corp. 0.01% 1,100 $316K Reduce -28.0%
AIG American International Group 0.01% 3,638 $311K New
IDXX Idexx Laboratories Inc. 0.01% 577 $309K Reduce -23.7%
TEAM Atlassian Corp. Class A 0.01% 1,523 $309K Reduce -24.4%
WBA Walgreens Boots Alliance Inc. 0.01% 26,601 $305K Add +18.4%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.01% 22,178 $304K Reduce -93.8%
CPRI Capri Holdings Ltd. 0.01% 17,184 $304K Reduce -27.3%
GE General Electric filed as GE AEROSPACE 0.01% 1,181 $304K New
FLNC Fluence Energy Inc. 0.01% 44,932 $301K New
XOM Exxon Mobil Corp. 0.01% 2,796 $301K New
OUST Ouster Inc. 0.01% 12,286 $298K New
CFLT Confluent Inc. Class A 0.01% 11,945 $298K New
DBX Dropbox Inc. Class A 0.01% 10,398 $297K New
S Sentinelone Inc. Class A 0.01% 16,229 $297K Add +28.0%
NVAX Novavax Inc. 0.01% 46,982 $296K Reduce -2.7%
PINS Pinterest Inc. Class A 0.01% 8,186 $294K Reduce -18.1%
LITE Lumentum Holdings Inc. 0.01% 3,022 $287K New
KBDC Kayne Anderson BDC Inc. 0.01% 18,700 $285K New
MICROALGO INC 0.01% 559,078 $285K New
PAYC Paycom Software Inc. 0.01% 1,230 $285K New
KSS Kohls Corp. 0.01% 33,517 $284K Reduce -15.7%
RVMD Revolution Medicines Inc. 0.01% 7,706 $284K New
U Unity Software Inc. 0.01% 11,630 $281K New
CVE Cenovus Energy Inc. 0.01% 20,500 $279K Reduce -91.3%
VST Vistra Corp. 0.01% 1,429 $277K Reduce -83.4%
CSCO Cisco Systems Inc. 0.01% 3,991 $277K Add +1.9%
BBIO Bridgebio Pharma Inc. 0.01% 6,328 $273K New
DGX Quest Diagnostics Inc. 0.01% 1,500 $269K No change
ESTC Elastic NV 0.01% 3,154 $266K Reduce -53.0%
OSCR Oscar Health Inc. Class A 0.01% 12,399 $266K New
RNG Ringcentral Inc. Class A 0.01% 9,267 $263K No change
BZUN Baozun Inc.-SPN ADR 0.01% 104,706 $262K Add +18.4%
GRAL Grail Inc. 0.01% 5,083 $261K Reduce -80.9%
ON On Semiconductor 0.00% 4,952 $260K Reduce -70.2%
LW Lamb Weston Holdings Inc. 0.00% 5,000 $259K Reduce -34.9%
WTRG Essential Utilities Inc. 0.00% 6,960 $258K New
RTX RTX Corp. 0.00% 1,770 $258K New
BP BP PLC-Spons ADR 0.00% 8,630 $258K New
GEO The Geo Group Inc. 0.00% 10,582 $253K Reduce -19.2%
TNYA Tenaya Therapeutics Inc. 0.00% 412,500 $252K No change
KBE SS SPDR S&P Bank ETF 0.00% 4,507 $251K New
ARW Arrow Electronics Inc. 0.00% 1,970 $251K Reduce -83.8%
AI C3.AI Inc. Class A 0.00% 10,170 $250K New
TDW Tidewater Inc. 0.00% 5,394 $249K Reduce -87.4%
FICO Fair Isaac Corp. 0.00% 136 $249K New
CLSK Cleanspark Inc. 0.00% 22,398 $247K Reduce -44.3%
LNTH Lantheus Holdings Inc. 0.00% 2,998 $245K Reduce -47.6%
BLDP Ballard Power Systems Inc. 0.00% 152,761 $243K Add +33.6%
LSCC Lattice Semiconductor Corp. 0.00% 4,938 $242K New
DOCN Digitalocean Holdings Inc. 0.00% 8,463 $242K New
CUPR Cuprina Holdings Cayman-A 0.00% 41,104 $241K New
KMI Kinder Morgan Inc. 0.00% 8,157 $240K Reduce -24.4%
EFA iShares MSCI Eafe ETF 0.00% 2,675 $239K New
TER Teradyne Inc. 0.00% 2,637 $237K New
WBD Warner Bros Discovery Inc. 0.00% 20,523 $235K Reduce -71.3%
PII Polaris Inc. 0.00% 5,780 $235K New
COTY Coty Inc. Class A 0.00% 50,000 $233K Reduce -74.3%
MDB Mongodb Inc. 0.00% 1,105 $232K Reduce -92.3%
CCL Carnival Corp. 0.00% 8,242 $232K Reduce -93.8%
RH RH 0.00% 1,222 $231K New
PR Permian Resources Corp. Class A 0.00% 16,868 $230K New
TACOU Berto Acquisition Corp. 0.00% 21,235 $227K New
MGNI Magnite Inc. 0.00% 9,402 $227K New
VFC VF Corp. 0.00% 19,224 $226K Add +84.3%
DASH DoorDash Inc. Class A 0.00% 912 $225K New
AG First Majestic Silver Corp. 0.00% 27,108 $224K Reduce -68.1%
FTNT Fortinet Inc. 0.00% 2,109 $223K Reduce -18.7%
PTON Peloton Interactive Inc. Class A 0.00% 32,007 $222K Add +38.2%
PEGA Pegasystems Inc. 0.00% 4,092 $222K New
HL Hecla Mining Co. 0.00% 36,396 $218K Reduce -78.5%
ONTO Onto Innovation Inc. 0.00% 2,164 $217K New
GM General Motors Co. 0.00% 4,382 $216K Reduce -62.7%
MCHP Microchip Technology Inc. 0.00% 3,060 $215K Reduce -57.4%
AXSM Axsome Therapeutics Inc. 0.00% 2,062 $215K New
GSRT GSR III Acquisition Corp. 0.00% 19,871 $214K New
ANSS Ansys Inc. 0.00% 600 $211K New
VRSN Verisign Inc. 0.00% 726 $210K Reduce -20.1%
MMM 3M Co. 0.00% 1,367 $208K New
SKYT Skywater Technology Inc. 0.00% 20,851 $206K New
SMTC Semtech Corp. 0.00% 4,508 $203K New
JPM JPMorgan Chase & Co. 0.00% 698 $202K Reduce -97.5%
DDS Dillards Inc. Class A 0.00% 480 $201K New
POET Poet Technologies Inc. 0.00% 38,000 $198K New
VIAV Viavi Solutions Inc. 0.00% 18,954 $191K New
PARAA Paramount Global Class B 0.00% 14,393 $186K Reduce -1.7%
AUR Aurora Innovation Inc. 0.00% 33,810 $177K New
CREATIVE GLOBAL TECHNOLOGY-A 0.00% 124,505 $173K Reduce -32.3%
RAIL Freightcar America Inc. 0.00% 20,000 $172K Reduce -33.3%
BBD Banco Bradesco-ADR 0.00% 55,711 $172K Reduce -75.2%
WB Weibo Corp.-Spon ADR 0.00% 17,691 $169K No change
PATH Uipath Inc. Class A 0.00% 13,050 $167K Reduce -15.1%
NMAX Newsmax Inc. 0.00% 10,884 $165K New
VBIO Valion Bio Inc. filed as TIVIC HEALTH SYSTEMS INC 0.00% 39,283 $163K New
CLF Cleveland-Cliffs Inc. 0.00% 21,398 $163K New
WULF Terawulf Inc. 0.00% 35,333 $155K New
WRN Western Copper and Gold Corp. 0.00% 114,200 $143K Add +15.1%
RCUS Arcus Biosciences Inc. 0.00% 17,000 $138K Reduce -41.4%
SBSW Sibanye-Stillwater Ltd.-ADR 0.00% 18,840 $136K Reduce -88.9%
PGX Invesco Preferred ETF 0.00% 12,000 $134K New
UA Under Armour Inc. Class C 0.00% 20,000 $130K No change
AMLX Amylyx Pharmaceuticals Inc. 0.00% 20,000 $128K No change
IRBTQ Irobot Corp. 0.00% 40,123 $126K No change
GT Goodyear Tire & Rubber Co. 0.00% 11,763 $122K Add +9.1%
WEN The Wendy's Co. 0.00% 10,568 $121K New
HAPN Happen Inc. filed as LENDINGCLUB CORP 0.00% 10,000 $120K No change
VTRS Viatris Inc. 0.00% 13,449 $120K Reduce -63.4%
VYGR Voyager Therapeutics Inc. 0.00% 38,322 $119K No change
SVM Silvercorp Metals Inc. 0.00% 28,200 $119K Reduce -79.2%
LION Lionsgate Studios Corp. 0.00% 20,482 $119K New
OCUL Ocular Therapeutix Inc. 0.00% 12,358 $115K New
NVCT Nuvectis Pharma Inc. 0.00% 15,000 $112K New
BGC BGC Group Inc. Class A 0.00% 10,707 $110K New
UFG Uni-Fuels Holdings Ltd. 0.00% 46,882 $105K New
ICG Intchains Group Ltd.-ADR 0.00% 58,324 $105K Add +103.5%
IQ Iqiyi Inc.-ADR 0.00% 56,810 $101K Add +194.4%
OSTIN TECHNOLOGY GROUP CO LT 0.00% 284,875 $100K New
MNKD Mannkind Corp. 0.00% 25,447 $95K New
AXG Solowin Holdings Class A 0.00% 29,249 $93K New
HTZ Hertz Global Hldgs Inc. 0.00% 13,580 $93K New
PFAI Pinnacle Food Group Ltd. Class A 0.00% 37,733 $89K New
NOTE Fiscalnote Holdings Inc. 0.00% 166,100 $89K Add +234.9%
NG Novagold Resources Inc. 0.00% 21,030 $86K New
OPEN Opendoor Technologies Inc. 0.00% 160,412 $86K Add +23.0%
GOLDEN OCEAN GROUP LTD 0.00% 11,293 $83K Add +12.9%
BMEA Biomea Fusion Inc. 0.00% 45,000 $81K Reduce -47.1%
NXH Neighborhood Intelligence Inc. filed as BEYOND INC 0.00% 11,554 $79K Reduce -86.7%
COMP Compass Inc. Class A 0.00% 12,085 $76K New
QS Quantumscape Corp. 0.00% 11,241 $76K New
JSPR Jasper Therapeutics Inc. 0.00% 13,300 $74K Reduce -0.3%
PAYO Payoneer Global Inc. 0.00% 10,554 $72K Reduce -51.9%
TJGC TJGC Group Ltd. Class A filed as CTRL GROUP LTD 0.00% 25,000 $71K New
ABCL Abcellera Biologics Inc. 0.00% 20,000 $69K New
FSM Fortuna Mining Corp. 0.00% 10,428 $68K New
TMC TMC the Metals Co. Inc. 0.00% 10,000 $66K New
IMMP Immutep Ltd.-SP ADR 0.00% 39,380 $65K Add +3.6%
VALN Valneva SE - ADR 0.00% 11,300 $64K No change
BMNR Bitmine Immersion Technologi 0.00% 13,705 $63K New
IOBTQ Io Biotech Inc. 0.00% 45,000 $63K No change
CMPX Compass Therapeutics Inc. 0.00% 23,600 $61K No change
RAYTECH HLDG LTD 0.00% 51,216 $60K New
LHSW Lianhe Sowell Intl-A 0.00% 33,815 $57K New
RCKT Rocket Pharmaceuticals Inc. 0.00% 22,500 $55K No change
ASSET ENTITIES INC 0.00% 14,400 $54K New
JINXIN TECHNOLOGY HLDG CO 0.00% 50,798 $53K New
BLIV Belive Holdings 0.00% 15,060 $48K New
ABEV Ambev SA-ADR 0.00% 19,740 $48K No change
ADAG Adagene Inc.-ADR 0.00% 24,000 $47K Add +23.6%
LRHC La Rosa Hldgs Corp. 0.00% 358,600 $47K New
CTNM Contineum Therapeutics Inc. Class A 0.00% 11,400 $45K New
TTNP Titan Pharmaceuticals Inc. 0.00% 10,663 $45K New
WOLF Wolfspeed Inc. 0.00% 108,829 $44K Add +111.9%
NAK Northern Dynasty Minerals 0.00% 32,267 $43K Reduce -98.2%
HXHX Haoxin Holdings Ltd. Class A 0.00% 27,871 $43K New
TANH Tantech Holdings Ltd. Class A 0.00% 21,737 $43K New
TLRY Tilray Brands Inc. 0.00% 95,649 $40K Reduce -82.8%
ABOS Acumen Pharmaceuticals Inc. 0.00% 33,300 $39K No change
MTC Mmtec Inc. 0.00% 34,212 $36K New
OSS One Stop Systems Inc. 0.00% 10,000 $36K New
MDJM LTD 0.00% 12,331 $31K New
TSHA Taysha Gene Therapies Inc. 0.00% 12,500 $29K No change
AUTL Autolus Therapeutics PLC 0.00% 12,500 $29K No change
MREO Mereo Biopharma Group PL-ADR 0.00% 10,000 $27K No change
GOLDEN MATRIX GROUP INC 0.00% 15,327 $26K No change
BMGL Basel Medical Group Ltd. 0.00% 13,924 $25K New
DXST Decent Holding Inc. Class A 0.00% 16,646 $23K New
MGX Metagenomi Therapeutics Inc. 0.00% 15,000 $22K No change
WAFU Wah Fu Education & Technolog 0.00% 14,694 $21K New
GIBO HOLDINGS LTD. 0.00% 140,447 $21K New
ACRS Aclaris Therapeutics Inc. 0.00% 14,400 $20K No change
EPWK HLDGS LTD 0.00% 38,880 $20K New
CGC Canopy Growth Corp. 0.00% 16,373 $20K Reduce -73.2%
NCEW New Century Logistics Bvi LT 0.00% 20,715 $20K Add +69.8%
BLNK Blink Charging Co. 0.00% 20,000 $19K Reduce -6.6%
PDSB PDS Biotechnology Corp. 0.00% 14,000 $19K No change
IMUX Immunic Inc. 0.00% 22,500 $16K No change
ORIGIN MATERIALS INC 0.00% 30,000 $14K Add +50.0%
NEWGENIVF GROUP LIMITED 0.00% 10,048 $10K New
HCAI Huachen AI Parking Managem-A 0.00% 10,000 $8K New
CHPT Chargepoint Holdings Inc. 0.00% 10,651 $7K Add +4.9%
MEIHUA INTL MED TECHNOLOGIES 0.00% 16,212 $6K Add +35.1%

Options reported separately and not counted above: MSTR puts ($1.3B), BKNG puts ($519.3M), MA puts ($433.8M), TSLA puts ($357.2M), TSLA calls ($244.6M), LLY puts ($220.2M), BRK.B puts ($194.3M), INTU puts ($153.6M), BKNG calls ($144.7M), NFLX puts ($120.5M), UNH puts ($112.3M), NFLX calls ($107.1M), and 113 more.

Other holdings (10): bonds, preferreds, convertibles and warrants · $312K (not counted above)
SecurityClassShares / PrincipalValueChange
HELLO GROUP INC (MOMO 1.25 07/01/25) NOTE 1.250% 7/0 · principal 260,000$259KNo change
USGOW US Goldmining Inc.-28 *W EXP 99/99/999 45,229$41KAdd +19.9%
ISLWF Israel Acquisitions Corp.-28 *W EXP 99/99/999 28,333$6KNew
SPKWF Spark I Acquisition Corp.-28 *W EXP 10/01/203 18,833$3KNew
LMP CAPITAL AND INCOME FUND RIGHT 07/11/2025 10,000$711New
ORGNW Origin Materials -CW26 *W EXP 06/25/202 30,000$495No change
MNYWW Moneyhero Ltd.-28 *W EXP 09/13/202 11,320$425No change
ARKOW Arko Corp. -CW25 *W EXP 12/22/202 40,000$408New
KTTAW Pasithea Therapeutics -CW26 *W EXP 08/12/202 25,000$388No change
GOVXW Geovax Labs Inc. -CW25 *W EXP 09/29/202 10,000$250No change

Total filed on the 13F, all lines: $5.3B.

Portfolio Sells Q1 2025 → Q2 2025
IBIT iShares Bitcoin Trust ETF Reduce -98.2% 0.14% −5.72
BRRR Coinshares Bitcoin ETF Sold out 0.00% −4.02
NVDA Nvidia Corp. Reduce -60.1% 2.48% −1.82
TRV The Travelers Cos Inc. Sold out 0.00% −1.77
AVGO Broadcom Inc. Reduce -93.3% 0.21% −1.74
UNH Unitedhealth Group Inc. Reduce -16.9% 1.64% −1.70
NFLX Netflix Inc. Reduce -87.0% 0.38% −1.68
SYK Stryker Corp. Reduce -61.4% 0.95% −1.38
MSFT Microsoft Corp. Reduce -82.4% 0.41% −1.36
LRCX Lam Research Corp. Reduce -98.8% 0.02% −1.31
NOC Northrop Grumman Corp. Sold out 0.00% −1.19
MCD McDonald's Corp. Reduce -52.6% 0.79% −1.00
FLUT Flutter Entertainment PLC-Di Sold out 0.00% −0.85
LOW Lowe's Cos Inc. Reduce -50.3% 0.68% −0.77
KLAC KLA Corp. Reduce -57.5% 0.86% −0.69
BA The Boeing Co. Reduce -50.7% 1.03% −0.69
EQIX Equinix Inc. Reduce -78.8% 0.16% −0.62
ELV Elevance Health Inc. Sold out 0.00% −0.61
PH Parker Hannifin Corp. Sold out 0.00% −0.58
DB Deutsche Bank AG-Registered Sold out 0.00% −0.55
SMCI Super Micro Computer Inc. Reduce -71.7% 0.27% −0.40
CTAS Cintas Corp. Sold out 0.00% −0.39
TMO Thermo Fisher Scientific Inc. Reduce -17.6% 0.77% −0.39
CEG Constellation Energy Sold out 0.00% −0.39
BRK.A Berkshire Hathaway Inc. Class A Sold out 0.00% −0.37
PM Philip Morris International Reduce -89.2% 0.05% −0.36
TGT Target Corp. Reduce -91.5% 0.03% −0.35
REGN Regeneron Pharmaceuticals Reduce -27.4% 0.51% −0.35
SNPS Synopsys Inc. Sold out 0.00% −0.33
GOOG Alphabet Inc. Class C Reduce -48.5% 0.44% −0.32
JNJ Johnson & Johnson Reduce -95.9% 0.01% −0.31
META Meta Platforms Inc. Class A Reduce -81.8% 0.09% −0.29
PHYS Sprott Physical Gold Trust Sold out 0.00% −0.28
AXP American Express Co. Sold out 0.00% −0.26
FXI iShares China Large-Cap ETF Reduce -53.2% 0.23% −0.26
BLK BlackRock Inc. Reduce -31.5% 0.77% −0.25
CRWD CrowdStrike Holdings Inc. Class A Reduce -38.0% 1.94% −0.25
KSPI JSC Kaspi.kz ADR Sold out 0.00% −0.23
NOW ServiceNow Inc. Reduce -43.3% 0.59% −0.22
SLV iShares Silver Trust Reduce -62.9% 0.13% −0.21
AMD Advanced Micro Devices Reduce -62.5% 0.21% −0.20
STLA Stellantis NV Sold out 0.00% −0.18
MRSH Marsh & McLennan Cos Sold out 0.00% −0.18
NKE Nike Inc. Class B Reduce -80.3% 0.05% −0.18
QCOM Qualcomm Inc. Reduce -93.4% 0.01% −0.17
PSLV Sprott Physical Silver Trust Sold out 0.00% −0.17
BUR Burford Capital Ltd. Sold out 0.00% −0.15
DELL Dell Technologies -C Reduce -42.7% 0.48% −0.15
BMY Bristol-Myers Squibb Co. Reduce -90.4% 0.01% −0.14
VT Vanguard Tot World STK ETF Sold out 0.00% −0.14

Portfolio Buys Q1 2025 → Q2 2025
MA Mastercard Inc. Class A Add +187.9% 8.31% +5.47
MSTR Strategy Inc. Add +12.1% 14.45% +5.18
BKNG Booking Holdings Inc. Add +103.7% 7.13% +4.32
HOOD Robinhood Markets Inc. Class A Add +69.0% 2.54% +1.85
RGTI Rigetti Computing Inc. Add +2372.9% 1.66% +1.62
QBTS D-Wave Quantum Inc. Add +6019.1% 1.52% +1.51
MARA Mara Holdings Inc. Add +1009.4% 1.60% +1.50
HUM Humana Inc. New 1.42% +1.42
RKLB Rocket Lab Corp. Add +941.0% 1.41% +1.35
LLY Eli Lilly & Co. Add +41.4% 4.22% +1.03
RDDT Reddit Inc. Class A Add +2309.8% 1.04% +1.01
COST Costco Wholesale Corp. Add +7406.9% 0.95% +0.93
INTU Intuit Inc. Add +13.0% 2.97% +0.90
HIMS Hims & Hers Health Inc. Add +233.0% 1.02% +0.84
HD Home Depot Inc. Add +91.7% 1.61% +0.76
BRK.B Berkshire Hathaway Inc. Class B Add +83.0% 1.92% +0.76
ADBE Adobe Inc. Add +12888.0% 0.75% +0.75
MRVL Marvell Technology Inc. Add +977.7% 0.79% +0.73
CRM Salesforce Inc. Add +222.2% 1.05% +0.73
MCK McKesson Corp. Add +5037.0% 0.72% +0.70
GS Goldman Sachs Group Inc. Add +71.2% 1.28% +0.70
CI The Cigna Group New 0.57% +0.57
SPGI S&P Global Inc. Add +97.6% 1.00% +0.51
QQQ Invesco QQQ Trust Series 1 Add +148.1% 0.77% +0.50
TEM Tempus AI Inc. Class A Add +4328.1% 0.51% +0.50
ACHR Archer Aviation Inc. Class A Add +6122.3% 0.47% +0.46
TMUS T-Mobile US Inc. New 0.46% +0.46
GME Gamestop Corp. Class A New 0.44% +0.44
ISRG Intuitive Surgical Inc. New 0.42% +0.42
RIOT Riot Platforms Inc. Add +39.7% 0.68% +0.37
APP AppLovin Corp. Class A Add +1020.4% 0.37% +0.35
CASY Casey's General Stores Inc. New 0.34% +0.34
VRT Vertiv Holdings Co. Class A Add +669.6% 0.36% +0.33
OKLO Oklo Inc. New 0.33% +0.33
FDX FedEx Corp. Add +4134.7% 0.30% +0.29
LMT Lockheed Martin Corp. Add +2466.5% 0.23% +0.22
UPST Upstart Holdings Inc. Add +2565.8% 0.22% +0.22
SANA Sana Biotechnology Inc. Add +6263.0% 0.20% +0.20
ETHA iShares Ethereum Trust ETF Add +56.9% 0.32% +0.17
XOP SS SPDR S&P Og Exp & Prod Add +4052.0% 0.16% +0.16
MTN Vail Resorts Inc. New 0.15% +0.15
LCID Lucid Group Inc. New 0.14% +0.14
NVO Novo-Nordisk A/S-Spons ADR Add +150.8% 0.24% +0.14
PDD PDD Holdings Inc. Add +170.5% 0.24% +0.14
MELI MercadoLibre Inc. Add +148.4% 0.19% +0.13
QUBT Quantum Computing Inc. Add +812.9% 0.13% +0.12
ECL Ecolab Inc. New 0.12% +0.12
SOFI Sofi Technologies Inc. Add +42.1% 0.21% +0.12
BIDU Baidu Inc. - Spon ADR Add +597.5% 0.14% +0.12
ITW Illinois Tool Works New 0.11% +0.11

Options Activity Q1 2025 → Q2 2025
MSTR Strategy Inc. put New 3,314,100 $1.3B
BKNG Booking Holdings Inc. put New 89,700 $519.3M
MA Mastercard Inc. Class A put New 772,000 $433.8M
TSLA Tesla Inc. put New 1,124,500 $357.2M
TSLA Tesla Inc. call New 770,000 $244.6M
LLY Eli Lilly & Co. put New 282,500 $220.2M
BRK.B Berkshire Hathaway Inc. Class B put New 400,000 $194.3M
INTU Intuit Inc. put New 195,000 $153.6M
BKNG Booking Holdings Inc. call New 25,000 $144.7M
NFLX Netflix Inc. put New 90,000 $120.5M
UNH Unitedhealth Group Inc. put New 360,000 $112.3M
NFLX Netflix Inc. call New 80,000 $107.1M
MSFT Microsoft Corp. put New 206,000 $102.5M
CRWD CrowdStrike Holdings Inc. Class A put New 200,000 $101.9M
MSFT Microsoft Corp. call New 203,300 $101.1M
BRK.B Berkshire Hathaway Inc. Class B call New 200,000 $97.2M
IWM iShares Russell 2000 ETF put New 392,500 $84.7M
HD Home Depot Inc. put New 230,000 $84.3M
AAPL Apple Inc. put New 377,600 $77.5M
HUM Humana Inc. put New 305,000 $74.6M
IBIT iShares Bitcoin Trust ETF call New 1,207,000 $73.9M
NOW ServiceNow Inc. put New 70,000 $72.0M
AAPL Apple Inc. call New 341,500 $70.1M
GS Goldman Sachs Group Inc. put New 95,000 $67.2M
AMGN Amgen Inc. put New 200,000 $55.8M
CRM Salesforce Inc. put New 200,000 $54.5M
SPGI S&P Global Inc. put New 100,000 $52.7M
BA The Boeing Co. put New 250,000 $52.4M
HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 640,000 $51.6M
COST Costco Wholesale Corp. put New 50,000 $49.5M
SYK Stryker Corp. put New 125,000 $49.5M
QQQ Invesco QQQ Trust Series 1 put New 87,500 $48.3M
KLAC KLA Corp. put New 50,000 $44.8M
NOW ServiceNow Inc. call New 40,000 $41.1M
MCD McDonald's Corp. put New 140,000 $40.9M
BLK BlackRock Inc. put New 37,500 $39.3M
MSTR Strategy Inc. call New 97,000 $39.2M
ADBE Adobe Inc. put New 100,000 $38.7M
TMO Thermo Fisher Scientific Inc. put New 95,000 $38.5M
FBTC Fidelity Wise Origin Bitcoin call New 400,000 $37.6M
MCK McKesson Corp. put New 50,000 $36.6M
LOW Lowe's Cos Inc. put New 160,000 $35.5M
UNH Unitedhealth Group Inc. call New 103,300 $32.2M
CI The Cigna Group put New 90,000 $29.8M
REGN Regeneron Pharmaceuticals put New 50,000 $26.3M
HYG Ishr Ibx Usd Hiyld CB ETF-Ui call New 310,000 $25.0M
DELL Dell Technologies -C put New 200,000 $24.5M
TMUS T-Mobile US Inc. put New 100,000 $23.8M
GOOG Alphabet Inc. Class C put New 130,000 $23.1M
NVDA Nvidia Corp. put New 145,000 $22.9M

Showing the first 50 of 125.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2025 → Q2 2025
NIO INC (NIO 3.875 10/15/29) NOTE 3.875%10/1 · principal Sold out 3,000,000 $2.2Mbefore exit
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A Sold out 19,950 $487Kbefore exit
CBDMD INC (YCBD 8 PERP A) 8% SER A CUM PFD Sold out 164,677 $222Kbefore exit
USGOW US Goldmining Inc.-28 *W EXP 99/99/999 Add +19.9% 45,229 $41K
CPTWF Captivision Inc.-28 *W EXP 11/15/202 Sold out 527,155 $10Kbefore exit
ISLWF Israel Acquisitions Corp.-28 *W EXP 99/99/999 New 28,333 $6K
SPKWF Spark I Acquisition Corp.-28 *W EXP 10/01/203 New 18,833 $3K
LMP CAPITAL AND INCOME FUND RIGHT 07/11/2025 New 10,000 $711
ARKOW Arko Corp. -CW25 *W EXP 12/22/202 New 40,000 $408

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 944$13.5BSNDK, MRVL, ASTS, AVGO, LITE
Q1 2026 868$9.6BLITE, MSTR, AVGO, SNDK, BRRR
Q4 2025 822$9.2BUNH, MSTR, BRRR, NVDA, IBIT
Q3 2025 684$8.1BMSTR, BRRR, IBIT, NVDA, MA
Q2 2025 507$5.3BMSTR, MA, BKNG, LLY, TSLA
Q1 2025 673$5.2BMSTR, IBIT, NVDA, BRRR, UNH
Q4 2024 665$5.9BNVDA, TSLA, IBIT, MSTR, AVGO
Q3 2024 589$4.4BMSTR, IBIT, INTU, NVDA, BRRR
Q2 2024 621$3.7BNVDA, IBIT, AVGO, COST, BRRR
Q1 2024 461$3.1BNVDA, IBIT, AVGO, LLY, SMCI