One River Asset Management, LLC In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), One River Asset Management, LLC reported 44 stock positions worth $31.3 million . Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 48.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 9.4% ) and Meta Platforms Class A (META, 7.3% ). Compared with Q2 2025, it opened 38 new positions, sold out of 9, added to 3 and reduced 3. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +113% ) and the biggest sale an exit from Amgen (AMGN).
Location STAMFORD, CT
CIK 0001616336
Portfolio Value $31.3M (Q3 2025) Holdings 44 stocks · $31.3M 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 Q2 2025 SPY SS SPDR S&P 500 ETF Trust-US 22,751 $15.1M Add +113.0% QQQ Invesco QQQ Trust Series 1 4,902 $2.9M Reduce -34.0% META Meta Platforms Inc. Class A 3,094 $2.3M New AAPL Apple Inc. 6,515 $1.7M New UNH Unitedhealth Group Inc. 3,953 $1.4M New MSFT Microsoft Corp. 2,102 $1.1M Add +1.4% COST Costco Wholesale Corp. 988 $915K New FCX Freeport-McMoran Inc. 23,050 $904K Add +165.4% CVX Chevron Corp. 5,252 $820K New AMZN Amazon.com Inc. 3,346 $741K New AVGO Broadcom Inc. 1,431 $468K New MA Mastercard Inc. Class A 782 $444K New NFLX Netflix Inc. 360 $432K New DVN Devon Energy Corp. 10,517 $374K New INTU Intuit Inc. 415 $283K New HD Home Depot Inc. 659 $268K Reduce -76.3% PFE Pfizer Inc. 5,825 $148K Reduce -31.9% MGM MGM Resorts International 3,840 $138K New CRM Salesforce Inc. 569 $136K New GEV GE Vernova Inc. 178 $109K New BKNG Booking Holdings Inc. 18 $98K New PG The Procter & Gamble Co. 611 $94K New NOW ServiceNow Inc. 85 $78K New MCD McDonald's Corp. 250 $76K New AMD Advanced Micro Devices 340 $55K New PEP Pepsico Inc. 292 $41K New KO The Coca-Cola Co. 591 $39K New DIS The Walt Disney Co. filed as DISNEY WALT CO 330 $38K New PM Philip Morris International 221 $36K New V Visa Inc. Class A 89 $30K New LIN Linde PLC 62 $29K New ABT Abbott Laboratories 112 $15K New GOOG Alphabet Inc. Class C 49 $12K New CSCO Cisco Systems Inc. 135 $9K New PLTR Palantir Technologies Inc. Class A 43 $8K New GOOGL Alphabet Inc. Class A 24 $6K New XOM Exxon Mobil Corp. 50 $6K New GS Goldman Sachs Group Inc. 6 $5K New VZ Verizon Communications Inc. 82 $4K New BAC Bank of America Corp. filed as BANK AMERICA CORP 65 $3K New WFC Wells Fargo & Co. 12 $1K New ORCL Oracle Corp. 3 $844 New UBER Uber Technologies Inc. 4 $391 New WMT Walmart Inc. 1 $103 New
Options reported separately and not counted above: MSFT calls ($22.5M), MSFT puts ($20.3M), AAPL puts ($16.7M), SPY calls ($15.3M), META puts ($12.5M), META calls ($12.5M), QQQ calls ($10.4M), CCL calls ($9.2M), AAPL calls ($8.9M), NVDA puts ($8.1M), NVDA calls ($8.1M), CCL puts ($7.6M), and 110 more.
Portfolio Sells Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▲ AMGN Amgen Inc. Sold out 0.00% −10.98 BSX Boston Scientific Corp. Sold out 0.00% −10.87 IYR iShares US Real Estate ETF Sold out 0.00% −7.47 BA The Boeing Co. Sold out 0.00% −6.83 QQQ Invesco QQQ Trust Series 1 Reduce -34.0% 9.38% −6.55 GILD Gilead Sciences Inc. Sold out 0.00% −6.17 HD Home Depot Inc. Reduce -76.3% 0.86% −3.15 PANW Palo Alto Networks Inc. Sold out 0.00% −2.12 BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −1.87 CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.94 NVDA Nvidia Corp. Sold out 0.00% −0.82 PFE Pfizer Inc. Reduce -31.9% 0.47% −0.34
Portfolio Buys Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▼ SPY SS SPDR S&P 500 ETF Trust-US Add +113.0% 48.30% +22.61 META Meta Platforms Inc. Class A New 7.26% +7.26 AAPL Apple Inc. New 5.29% +5.29 UNH Unitedhealth Group Inc. New 4.36% +4.36 COST Costco Wholesale Corp. New 2.92% +2.92 CVX Chevron Corp. New 2.62% +2.62 AMZN Amazon.com Inc. New 2.37% +2.37 AVGO Broadcom Inc. New 1.49% +1.49 MA Mastercard Inc. Class A New 1.42% +1.42 FCX Freeport-McMoran Inc. Add +165.4% 2.89% +1.40 NFLX Netflix Inc. New 1.38% +1.38 DVN Devon Energy Corp. New 1.19% +1.19 INTU Intuit Inc. New 0.91% +0.91 MGM MGM Resorts International New 0.44% +0.44 CRM Salesforce Inc. New 0.43% +0.43 GEV GE Vernova Inc. New 0.35% +0.35 BKNG Booking Holdings Inc. New 0.31% +0.31 PG The Procter & Gamble Co. New 0.30% +0.30 NOW ServiceNow Inc. New 0.25% +0.25 MCD McDonald's Corp. New 0.24% +0.24 AMD Advanced Micro Devices New 0.18% +0.18 PEP Pepsico Inc. New 0.13% +0.13 KO The Coca-Cola Co. New 0.12% +0.12 DIS The Walt Disney Co. New 0.12% +0.12 PM Philip Morris International New 0.11% +0.11 V Visa Inc. Class A New 0.10% +0.10 LIN Linde PLC New 0.09% +0.09 ABT Abbott Laboratories New 0.05% +0.05 GOOG Alphabet Inc. Class C New 0.04% +0.04 CSCO Cisco Systems Inc. New 0.03% +0.03 PLTR Palantir Technologies Inc. Class A New 0.03% +0.03 GOOGL Alphabet Inc. Class A New 0.02% +0.02 XOM Exxon Mobil Corp. New 0.02% +0.02 GS Goldman Sachs Group Inc. New 0.02% +0.02 VZ Verizon Communications Inc. New 0.01% +0.01 BAC Bank of America Corp. New 0.01% +0.01 WFC Wells Fargo & Co. New 0.00% +0.00 ORCL Oracle Corp. New 0.00% +0.00 UBER Uber Technologies Inc. New 0.00% +0.00 WMT Walmart Inc. New 0.00% +0.00 MSFT Microsoft Corp. Add +1.4% 3.49% −0.53
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ MSFT Microsoft Corp. call Add +4793.1% 43,500 $22.5M MSFT Microsoft Corp. put Add +15394.1% 39,200 $20.3M AAPL Apple Inc. put New 65,700 $16.7M SPY SS SPDR S&P 500 ETF Trust-US call Add +11125.5% 22,900 $15.3M META Meta Platforms Inc. Class A put New 17,000 $12.5M META Meta Platforms Inc. Class A call New 17,000 $12.5M QQQ Invesco QQQ Trust Series 1 call Add +6114.3% 17,400 $10.4M CCL Carnival Corp. call Add +9900.0% 316,500 $9.2M AAPL Apple Inc. call New 34,900 $8.9M NVDA Nvidia Corp. put Add +1721.2% 43,600 $8.1M NVDA Nvidia Corp. call Add +3068.6% 43,600 $8.1M CCL Carnival Corp. put Add +8099.9% 264,200 $7.6M NFLX Netflix Inc. call New 6,000 $7.2M NFLX Netflix Inc. put New 6,000 $7.2M UNH Unitedhealth Group Inc. put New 20,500 $7.1M OPEN Opendoor Technologies Inc. call New 630,200 $5.0M AMZN Amazon.com Inc. put New 22,600 $5.0M AMZN Amazon.com Inc. call New 22,600 $5.0M AVGO Broadcom Inc. put New 14,800 $4.9M AVGO Broadcom Inc. call New 14,800 $4.9M BRK.B Berkshire Hathaway Inc. Class B put Add +4926.2% 9,600 $4.8M BRK.B Berkshire Hathaway Inc. Class B call Add +4926.2% 9,600 $4.8M LLY Eli Lilly & Co. call New 6,100 $4.7M LLY Eli Lilly & Co. put New 6,100 $4.7M COST Costco Wholesale Corp. put New 4,800 $4.4M COST Costco Wholesale Corp. call New 4,800 $4.4M TSLA Tesla Inc. call New 9,800 $4.4M TSLA Tesla Inc. put New 9,800 $4.4M MA Mastercard Inc. Class A put New 5,500 $3.1M MA Mastercard Inc. Class A call New 5,500 $3.1M GOOGL Alphabet Inc. Class A put New 12,800 $3.1M GOOGL Alphabet Inc. Class A call New 12,800 $3.1M CVX Chevron Corp. put New 19,100 $3.0M JPM JPMorgan Chase & Co. call New 8,200 $2.6M JPM JPMorgan Chase & Co. put New 8,200 $2.6M GOOG Alphabet Inc. Class C call New 10,500 $2.6M GOOG Alphabet Inc. Class C put New 10,500 $2.6M NOW ServiceNow Inc. put New 2,500 $2.3M NOW ServiceNow Inc. call New 2,500 $2.3M V Visa Inc. Class A call New 6,700 $2.3M V Visa Inc. Class A put New 6,700 $2.3M PYPL PayPal Holdings Inc. call Add +2162.6% 33,600 $2.3M GS Goldman Sachs Group Inc. call New 2,600 $2.1M GS Goldman Sachs Group Inc. put New 2,600 $2.1M HD Home Depot Inc. put New 4,800 $1.9M HD Home Depot Inc. call New 4,800 $1.9M FCX Freeport-McMoran Inc. put Add +5055.6% 46,400 $1.8M PFE Pfizer Inc. call Add +9900.0% 70,600 $1.8M UEC Uranium Energy Corp. call Add +5717.1% 134,200 $1.8M INTU Intuit Inc. call New 2,500 $1.7M
Showing the first 50 of 132.
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