Oribel Capital Management, LP In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Oribel Capital Management, LP reported 51 stock positions worth $1.0 billion . Its top holding was Alphabet Class A (GOOGL) at 9.1% of the portfolio, followed by Motorola Solutions (MSI, 7.5% ) and Taiwan Semiconductor-SP ADR (TSM, 7.2% ). Compared with Q3 2025, it opened 31 new positions, sold out of 14, added to 7 and reduced 11. The biggest buy was a new position in Motorola Solutions (MSI) and the biggest sale Microsoft (MSFT, shares −85% ).
Location NEW YORK, NY
CIK 0001661140
Portfolio Value $1.0B (Q4 2025) Holdings 51 stocks · $1.0B 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 Q3 2025 GOOGL Alphabet Inc. Class A 299,300 $93.7M Add +24.2% MSI Motorola Solutions Inc. 199,700 $76.5M New TSM Taiwan Semiconductor-SP ADR 241,700 $73.5M Add +3166.2% TEL Te Connectivity PLC 263,300 $59.9M Add +72.3% NVDA Nvidia Corp. 270,900 $50.5M Reduce -44.0% CME Cme Group Inc. 143,500 $39.2M New DOX Amdocs Ltd. 484,700 $39.0M New ECL Ecolab Inc. 130,800 $34.3M Reduce -0.1% WMT Walmart Inc. 286,200 $31.9M Reduce -50.3% DHR Danaher Corp. 133,500 $30.6M New FIS Fidelity National Info Serv 448,200 $29.8M New WM Waste Management Inc. 122,600 $26.9M New KEYS Keysight Technologies Inc. 117,900 $24.0M Reduce -58.2% CSCO Cisco Systems Inc. 277,800 $21.4M Reduce -5.3% HEI Heico Corp. 64,800 $21.0M Add +47.6% META Meta Platforms Inc. Class A 30,800 $20.3M New CRM Salesforce Inc. 76,300 $20.2M New PANW Palo Alto Networks Inc. 108,200 $19.9M New ON On Semiconductor 359,500 $19.5M New IQV Iqvia Holdings Inc. 81,300 $18.3M New APO Apollo Global Management Inc. 123,500 $17.9M New ZBRA Zebra Technologies Corp. Class A 69,600 $16.9M New CTAS Cintas Corp. 85,100 $16.0M New ADI Analog Devices Inc. 50,900 $13.8M New NVRI Enviri Corp. 709,600 $12.7M New MDB Mongodb Inc. 29,500 $12.4M New CRWD CrowdStrike Holdings Inc. Class A 24,900 $11.7M New JCI Johnson Controls Internation 95,300 $11.4M Reduce -51.5% CRL Charles River Laboratories 54,500 $10.9M New TTWO Take-Two Interactive Softwre 42,100 $10.8M Add +3.7% DIS The Walt Disney Co. filed as DISNEY WALT CO 93,000 $10.6M New HUBS HubSpot Inc. 25,500 $10.2M New GE General Electric filed as GE AEROSPACE 33,100 $10.2M Add +141.6% HON Honeywell International Inc. 52,200 $10.2M New T AT&T Inc. 403,900 $10.0M Reduce -85.4% MSFT Microsoft Corp. 20,200 $9.8M Reduce -85.0% TRMB Trimble Inc. 123,400 $9.7M Reduce -49.9% FLEX Flex Ltd. 144,400 $8.7M New ADSK Autodesk Inc. 26,900 $8.0M Reduce -22.5% RKT Rocket Cos Inc. Class A 406,800 $7.9M New V Visa Inc. Class A 17,300 $6.1M New WCN Waste Connections Inc. 33,700 $5.9M New AMZN Amazon.com Inc. 25,300 $5.8M New SPY SS SPDR S&P 500 ETF Trust-US 7,700 $5.3M No change CLS Celestica Inc. 14,000 $4.1M Reduce -66.0% GLW Corning Inc. 45,500 $4.0M New AMD Advanced Micro Devices 18,600 $4.0M New NET Cloudflare Inc. Class A 20,100 $4.0M Add +131.0% WBD Warner Bros Discovery Inc. 94,200 $2.7M New QQQ Invesco QQQ Trust Series 1 4,300 $2.6M No change JBL Jabil Inc. 8,700 $2.0M New
Options reported separately and not counted above: GOOG puts ($82.3M), MSI puts ($76.5M), DOX calls ($74.8M), TSM puts ($62.4M), TEL puts ($59.9M), AMD calls ($57.4M), SOXX calls ($40.0M), CDNS calls ($37.1M), DHR puts ($30.6M), APH calls ($29.9M), ETN calls ($29.9M), ROL calls ($29.8M), and 36 more.
Portfolio Sells Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▲ MSFT Microsoft Corp. Reduce -85.0% 0.95% −30.10 T AT&T Inc. Reduce -85.4% 0.98% −5.33 AVGO Broadcom Inc. Sold out 0.00% −4.77 CAH Cardinal Health Inc. Sold out 0.00% −4.77 COOP Mr Cooper Group Inc. Sold out 0.00% −4.61 AJG Arthur J Gallagher & Co. Sold out 0.00% −3.21 SANM Sanmina Corp. Sold out 0.00% −2.51 NVDA Nvidia Corp. Reduce -44.0% 4.92% −2.35 WMT Walmart Inc. Reduce -50.3% 3.11% −1.67 KEYS Keysight Technologies Inc. Reduce -58.2% 2.33% −1.64 SHOP Shopify Inc. Class A Sold out 0.00% −1.58 TMO Thermo Fisher Scientific Inc. Sold out 0.00% −1.58 NOW ServiceNow Inc. Sold out 0.00% −0.79 AAPL Apple Inc. Sold out 0.00% −0.79 TRMB Trimble Inc. Reduce -49.9% 0.94% −0.68 JCI Johnson Controls Internation Reduce -51.5% 1.11% −0.63 HPE Hewlett Packard Enterprise Sold out 0.00% −0.62 QXO Qxo Inc. Sold out 0.00% −0.46 CLS Celestica Inc. Reduce -66.0% 0.40% −0.41 CIEN Ciena Corp. Sold out 0.00% −0.34 APH Amphenol Corp. Class A Sold out 0.00% −0.32 ADSK Autodesk Inc. Reduce -22.5% 0.78% −0.11 ARX Accelerant Holdings Class A Sold out 0.00% −0.03 ECL Ecolab Inc. Reduce -0.1% 3.35% +0.46 CSCO Cisco Systems Inc. Reduce -5.3% 2.08% +0.47
Portfolio Buys Q3 2025 → Q4 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 Q3 2025 % Of Portfolio Change To Portfolio ▼ MSI Motorola Solutions Inc. New 7.46% +7.46 TSM Taiwan Semiconductor-SP ADR Add +3166.2% 7.16% +6.99 GOOGL Alphabet Inc. Class A Add +24.2% 9.13% +4.41 CME Cme Group Inc. New 3.82% +3.82 DOX Amdocs Ltd. New 3.80% +3.80 TEL Te Connectivity PLC Add +72.3% 5.84% +3.13 DHR Danaher Corp. New 2.98% +2.98 FIS Fidelity National Info Serv New 2.90% +2.90 WM Waste Management Inc. New 2.62% +2.62 META Meta Platforms Inc. Class A New 1.98% +1.98 CRM Salesforce Inc. New 1.97% +1.97 PANW Palo Alto Networks Inc. New 1.94% +1.94 ON On Semiconductor New 1.90% +1.90 IQV Iqvia Holdings Inc. New 1.79% +1.79 APO Apollo Global Management Inc. New 1.74% +1.74 ZBRA Zebra Technologies Corp. Class A New 1.65% +1.65 CTAS Cintas Corp. New 1.56% +1.56 ADI Analog Devices Inc. New 1.34% +1.34 NVRI Enviri Corp. New 1.24% +1.24 MDB Mongodb Inc. New 1.21% +1.21 CRWD CrowdStrike Holdings Inc. Class A New 1.14% +1.14 CRL Charles River Laboratories New 1.06% +1.06 DIS The Walt Disney Co. New 1.03% +1.03 HUBS HubSpot Inc. New 1.00% +1.00 HON Honeywell International Inc. New 0.99% +0.99 HEI Heico Corp. Add +47.6% 2.04% +0.90 FLEX Flex Ltd. New 0.85% +0.85 RKT Rocket Cos Inc. Class A New 0.77% +0.77 GE General Electric Add +141.6% 0.99% +0.66 V Visa Inc. Class A New 0.59% +0.59 WCN Waste Connections Inc. New 0.58% +0.58 AMZN Amazon.com Inc. New 0.57% +0.57 GLW Corning Inc. New 0.39% +0.39 AMD Advanced Micro Devices New 0.39% +0.39 WBD Warner Bros Discovery Inc. New 0.26% +0.26 NET Cloudflare Inc. Class A Add +131.0% 0.39% +0.24 TTWO Take-Two Interactive Softwre Add +3.7% 1.05% +0.21 JBL Jabil Inc. New 0.19% +0.19
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ MSFT Microsoft Corp. call Sold out 744,400 $422.5Mbefore exit KKR KKR & Co. Inc. call Sold out 789,000 $102.5Mbefore exit BX Blackstone Inc. call Sold out 563,300 $96.2Mbefore exit GOOGL Alphabet Inc. Class A call Sold out 356,400 $86.8Mbefore exit GOOG Alphabet Inc. Class C put Add +9.1% 262,800 $82.3M MSI Motorola Solutions Inc. put New 199,700 $76.5M AON Aon PLC Class A call Sold out 212,500 $75.8Mbefore exit DOX Amdocs Ltd. call New 929,300 $74.8M WM Waste Management Inc. call Sold out 318,700 $70.4Mbefore exit TSM Taiwan Semiconductor-SP ADR put New 205,200 $62.4M ARES Ares Management Corp. Class A call Sold out 376,900 $60.3Mbefore exit NVDA Nvidia Corp. put Sold out 322,500 $60.2Mbefore exit TEL Te Connectivity PLC put Add +242.4% 263,300 $59.9M MSFT Microsoft Corp. put Sold out 114,900 $59.5Mbefore exit AVGO Broadcom Inc. put Sold out 179,600 $59.3Mbefore exit CAH Cardinal Health Inc. put Sold out 377,100 $59.2Mbefore exit AMD Advanced Micro Devices call New 267,900 $57.4M AVGO Broadcom Inc. call Sold out 156,000 $51.5Mbefore exit TMO Thermo Fisher Scientific Inc. call Sold out 102,000 $49.5Mbefore exit SOXX iShares Semiconductor ETF call Add +21.1% 132,900 $40.0M CME Cme Group Inc. call Sold out 145,500 $39.3Mbefore exit CDNS Cadence Design SYS Inc. call New 118,800 $37.1M AJG Arthur J Gallagher & Co. call Sold out 110,700 $34.3Mbefore exit SANM Sanmina Corp. put Sold out 270,900 $31.2Mbefore exit DHR Danaher Corp. put New 133,500 $30.6M ECL Ecolab Inc. call Sold out 111,200 $30.5Mbefore exit AJG Arthur J Gallagher & Co. put Sold out 96,900 $30.0Mbefore exit APH Amphenol Corp. Class A call New 221,300 $29.9M ETN Eaton Corp. PLC call New 93,800 $29.9M ROL Rollins Inc. call New 496,500 $29.8M SPBO SS SPDR P Corp. Bond ETF call New 344,800 $29.4M MRSH Marsh & McLennan Cos call Sold out 145,000 $29.2Mbefore exit ADBE Adobe Inc. call New 79,400 $27.8M SNOW Snowflake Inc. call New 117,800 $25.8M TMUS T-Mobile US Inc. call New 122,900 $25.0M KEYS Keysight Technologies Inc. put Reduce -46.7% 117,900 $24.0M RSG Republic Services Inc. call Sold out 95,700 $22.0Mbefore exit COOP Mr Cooper Group Inc. put Sold out 271,300 $21.6Mbefore exit CSCO Cisco Systems Inc. put Reduce -5.3% 277,800 $21.4M MSCI MSCI Inc. call Sold out 37,600 $21.3Mbefore exit DELL Dell Technologies -C call New 166,700 $21.0M HEI Heico Corp. put New 64,800 $21.0M VZ Verizon Communications Inc. call Reduce -45.5% 493,300 $20.1M PANW Palo Alto Networks Inc. put New 108,200 $19.9M ADP Automatic Data Processing call Sold out 67,300 $19.8Mbefore exit PM Philip Morris International call Sold out 121,400 $19.7Mbefore exit SHOP Shopify Inc. Class A put Sold out 132,300 $19.7Mbefore exit TMO Thermo Fisher Scientific Inc. put Sold out 40,400 $19.6Mbefore exit XRT SS SPDR S&P Retail ETF call Sold out 226,900 $19.6Mbefore exit NXPI NXP Semiconductors NV call New 89,000 $19.3M
Showing the first 50 of 85.
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 50 $1.2B ADI, JBL, MMM, TXN, FLEX Q1 2026 41 $657.5M GE, CSCO, JBL, AEIS, KEYS Q4 2025 51 $1.0B GOOGL, MSI, TSM, TEL, NVDA Q3 2025 34 $1.2B MSFT, NVDA, T, WMT, AVGO Q2 2025 47 $1.9B MSFT, NVDA, AMZN, T, ADSK Q1 2025 32 $804.6M CAH, META, COR, MCK, TRMB Q4 2024 40 $1.5B CRM, NFLX, NVDA, MSFT, NOW Q3 2024 34 $915.6M MSFT, WM, NVDA, ECL, CRM Q2 2024 27 $737.6M TSM, AAPL, ACN, APH, NVDA Q1 2024 36 $871.2M AMZN, TSM, SNPS, CRM, MSFT