One River Asset Management, LLC In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), One River Asset Management, LLC reported 20 stock positions worth $27.2 million . Its top holding was Microsoft (MSFT) at 28.6% of the portfolio, followed by Amazon.com (AMZN, 14.5% ) and SS Technology Select Sector (XLK, 11.5% ). Compared with Q4 2024, it opened 5 new positions, sold out of 47, added to 7 and reduced 8. The biggest buy was Microsoft (MSFT, shares +402% ) and the biggest sale an exit from Eli Lilly (LLY).
Location STAMFORD, CT
CIK 0001616336
Portfolio Value $27.2M (Q1 2025) Holdings 20 stocks · $27.2M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 MSFT Microsoft Corp. 17,825 $7.8M Add +402.0% AMZN Amazon.com Inc. 18,885 $3.9M Add +41.9% XLK SS Technology Select Sector 15,129 $3.1M Add +0.6% V Visa Inc. Class A 7,580 $2.7M New XOM Exxon Mobil Corp. 13,812 $1.6M Add +6.5% XLF SS Financial Select Sector 28,370 $1.4M Reduce -80.2% GOOG Alphabet Inc. Class C 7,507 $1.3M Add +171.7% AMGN Amgen Inc. 4,210 $1.3M Add +662.7% AMD Advanced Micro Devices 12,414 $1.3M Reduce -42.7% NVDA Nvidia Corp. 8,835 $969K Reduce -66.1% SMH Vaneck Semiconductor ETF 1,880 $393K New XLP SS Consumer Staples Sel Sect 4,486 $361K Reduce -56.5% DIS The Walt Disney Co. filed as DISNEY WALT CO 3,600 $355K New CCL Carnival Corp. 13,599 $270K New PFE Pfizer Inc. 5,554 $140K New CAT Caterpillar Inc. 226 $76K Reduce -98.8% AAPL Apple Inc. 334 $73K Reduce -97.7% XLU St Sr Utl SL SE SPDR ETF-Usd 335 $26K Reduce -59.9% PANW Palo Alto Networks Inc. 55 $10K Add +816.7% GOOGL Alphabet Inc. Class A 56 $9K Reduce -99.3%
Options reported separately and not counted above: MSFT calls ($68.5M), AMD calls ($61.8M), CVX calls ($33.2M), CVX puts ($32.8M), GOOG calls ($30.7M), SPY calls ($26.1M), XYZ calls ($25.4M), PANW calls ($21.4M), AMZN calls ($18.5M), PANW puts ($15.9M), CAT calls ($15.3M), AMD puts ($14.9M), and 51 more.
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ LLY Eli Lilly & Co. Sold out 0.00% −10.23 CAT Caterpillar Inc. Reduce -98.8% 0.28% −9.92 QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −8.00 ARKK ARK Innovation ETF Sold out 0.00% −6.98 XLI SS Industrial Select Sector Sold out 0.00% −5.63 AAPL Apple Inc. Reduce -97.7% 0.27% −5.26 XLF SS Financial Select Sector Reduce -80.2% 5.14% −5.20 BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −2.52 GOOGL Alphabet Inc. Class A Reduce -99.3% 0.03% −2.43 XYZ Block Inc. Sold out 0.00% −1.85 NVDA Nvidia Corp. Reduce -66.1% 3.57% −1.80 XLE SS Energy Select Sector Sold out 0.00% −1.73 CRM Salesforce Inc. Sold out 0.00% −1.17 CMCSA Comcast Corp. Class A Sold out 0.00% −1.07 XLY SS Consumer Disc Select Sect Sold out 0.00% −0.73 XLV SS Health Care Select Sector Sold out 0.00% −0.69 PYPL PayPal Holdings Inc. Sold out 0.00% −0.69 AVGO Broadcom Inc. Sold out 0.00% −0.67 TIDAL TRUST II Sold out 0.00% −0.65 EWY iShares MSCI South Korea ETF Sold out 0.00% −0.51 XLC SS Comm Select Sector SPDR Sold out 0.00% −0.45 PATH Uipath Inc. Class A Sold out 0.00% −0.38 JPM JPMorgan Chase & Co. Sold out 0.00% −0.33 SBUX Starbucks Corp. Sold out 0.00% −0.30 CSCO Cisco Systems Inc. Sold out 0.00% −0.25 U Unity Software Inc. Sold out 0.00% −0.19 DKNG Draftkings Inc. Class A Sold out 0.00% −0.14 PINS Pinterest Inc. Class A Sold out 0.00% −0.12 CRSP Crispr Therapeutics AG Sold out 0.00% −0.11 SCHW Schwab (charles) Corp. Sold out 0.00% −0.11 ADBE Adobe Inc. Sold out 0.00% −0.07 AIG American International Group Sold out 0.00% −0.06 INTC Intel Corp. Sold out 0.00% −0.06 EXAS Exact Sciences Corp. Sold out 0.00% −0.02 NXPI NXP Semiconductors NV Sold out 0.00% −0.02 FISV Fiserv Inc. Sold out 0.00% −0.01 LRCX Lam Research Corp. Sold out 0.00% −0.01 MET Metlife Inc. Sold out 0.00% −0.01 CB Chubb Ltd. Sold out 0.00% −0.01 BNY Bank of New York Mellon Corp. Sold out 0.00% −0.01 COF Capital One Financial Corp. Sold out 0.00% −0.01 TFC Truist Financial Corp. Sold out 0.00% −0.01 SHOP Shopify Inc. Class A Sold out 0.00% −0.00 C Citigroup Inc. Sold out 0.00% −0.00 BAC Bank of America Corp. Sold out 0.00% −0.00 TER Teradyne Inc. Sold out 0.00% −0.00 TSLA Tesla Inc. Sold out 0.00% −0.00 META Meta Platforms Inc. Class A Sold out 0.00% −0.00 COST Costco Wholesale Corp. Sold out 0.00% −0.00 HON Honeywell International Inc. Sold out 0.00% −0.00
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ MSFT Microsoft Corp. Add +402.0% 28.60% +26.34 AMZN Amazon.com Inc. Add +41.9% 14.48% +10.07 V Visa Inc. Class A New 9.77% +9.77 XLK SS Technology Select Sector Add +0.6% 11.50% +6.22 AMGN Amgen Inc. Add +662.7% 4.84% +4.62 GOOG Alphabet Inc. Class C Add +171.7% 4.95% +4.15 XOM Exxon Mobil Corp. Add +6.5% 6.03% +3.97 SMH Vaneck Semiconductor ETF New 1.45% +1.45 DIS The Walt Disney Co. New 1.31% +1.31 CCL Carnival Corp. New 1.00% +1.00 PFE Pfizer Inc. New 0.52% +0.52 PANW Palo Alto Networks Inc. Add +816.7% 0.04% +0.03
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Sold out 147,000 $86.2Mbefore exit MSFT Microsoft Corp. call Add +62.6% 182,400 $68.5M AMD Advanced Micro Devices call Add +28.1% 601,600 $61.8M CVX Chevron Corp. call New 198,500 $33.2M CVX Chevron Corp. put New 196,300 $32.8M GOOG Alphabet Inc. Class C call Reduce -32.3% 196,500 $30.7M SPY SS SPDR S&P 500 ETF Trust-US call Reduce -73.5% 46,700 $26.1M XYZ Block Inc. call Add +225.8% 467,900 $25.4M PANW Palo Alto Networks Inc. call Reduce -20.1% 125,200 $21.4M AMZN Amazon.com Inc. call Add +33.4% 97,100 $18.5M LLY Eli Lilly & Co. put Sold out 23,600 $18.2Mbefore exit XYZ Block Inc. put Sold out 199,500 $17.0Mbefore exit PANW Palo Alto Networks Inc. put Add +66.1% 93,000 $15.9M CAT Caterpillar Inc. call Add +134.3% 46,400 $15.3M AMD Advanced Micro Devices put Reduce -30.4% 145,500 $14.9M META Meta Platforms Inc. Class A call Reduce -75.5% 25,900 $14.9M CAT Caterpillar Inc. put Reduce -25.8% 43,400 $14.3M GOOG Alphabet Inc. Class C put Add +396.6% 88,400 $13.8M AVGO Broadcom Inc. call Reduce -2.3% 78,100 $13.1M MSFT Microsoft Corp. put Reduce -70.3% 34,300 $12.9M AMZN Amazon.com Inc. put Add +110.1% 66,800 $12.7M XLP SS Consumer Staples Sel Sect call Sold out 147,000 $11.6Mbefore exit BRK.B Berkshire Hathaway Inc. Class B put Sold out 24,600 $11.2Mbefore exit XOM Exxon Mobil Corp. put Add +9.5% 92,000 $10.9M LLY Eli Lilly & Co. call Sold out 13,300 $10.3Mbefore exit XLV SS Health Care Select Sector call Sold out 70,600 $9.7Mbefore exit PYPL PayPal Holdings Inc. call Reduce -27.4% 148,500 $9.7M XLK SS Technology Select Sector call Reduce -48.2% 46,500 $9.6M XLC SS Comm Select Sector SPDR put Sold out 99,100 $9.6Mbefore exit BKNG Booking Holdings Inc. call New 1,900 $8.8M XLY SS Consumer Disc Select Sect put Sold out 35,100 $7.9Mbefore exit GOOGL Alphabet Inc. Class A put Add +176.1% 49,700 $7.8M GOOGL Alphabet Inc. Class A call Add +2043.5% 49,300 $7.7M NVDA Nvidia Corp. call Reduce -20.6% 67,000 $7.3M XLK SS Technology Select Sector put Add +5.3% 33,900 $7.0M NVDA Nvidia Corp. put Reduce -69.1% 64,500 $7.0M UNH Unitedhealth Group Inc. call Sold out 12,600 $6.4Mbefore exit CCL Carnival Corp. put New 322,200 $6.3M PG The Procter & Gamble Co. put New 36,400 $6.2M PG The Procter & Gamble Co. call New 36,400 $6.2M CCL Carnival Corp. call New 316,500 $6.2M BKNG Booking Holdings Inc. put New 1,300 $6.0M INTC Intel Corp. call Add +3642.7% 254,500 $5.8M BRK.B Berkshire Hathaway Inc. Class B call Sold out 11,800 $5.3Mbefore exit AVGO Broadcom Inc. put Reduce -30.2% 30,000 $5.0M BABA Alibaba Group Holding-SP ADR call New 37,000 $4.9M XLC SS Comm Select Sector SPDR call Sold out 49,600 $4.8Mbefore exit QQQ Invesco QQQ Trust Series 1 call New 9,500 $4.5M QQQ Invesco QQQ Trust Series 1 put Add +102.1% 9,500 $4.5M JPM JPMorgan Chase & Co. call Sold out 18,400 $4.4Mbefore exit
Showing the first 50 of 205.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 53 $20.8M SPY, META, FXI, MSFT, BKNG Q1 2026 77 $29.4M MSFT, AAPL, NVDA, BKNG, META Q4 2025 58 $112.7M SPY, MSFT, NFLX, ON, UNH Q3 2025 44 $31.3M SPY, QQQ, META, AAPL, UNH Q2 2025 15 $25.6M SPY, QQQ, AMGN, BSX, IYR Q1 2025 20 $27.2M MSFT, AMZN, XLK, V, XOM Q4 2024 62 $66.8M XLF, LLY, CAT, QQQ, ARKK Q3 2024 48 $88.8M SPY, XLF, XLK, AAPL, XLE Q2 2024 52 $184.2M SPY, QQQ, AAL, XLF, GOOGL Q1 2024 28 $318.3M QQQ, SPY, XLF, AAPL, LQD