Parker Investment Management, LLC In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Parker Investment Management, LLC reported 35 stock positions worth $732.9 million . Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 15.4% of the portfolio, followed by iShares Ustechnology ETF (IYW, 12.5% ) and SS Technology Select Sector (XLK, 11.4% ). Compared with Q2 2025, it opened 4 new positions, sold out of 6, added to 8 and reduced 15. The biggest buy was a new position in Vaneck Gold Miners ETF (GDX) and the biggest sale iShares Ustechnology ETF (IYW, shares −33% ).
Location Menlo Park, CA
CIK 0001672070
Portfolio Value $732.9M (Q3 2025) Holdings 35 stocks · $732.9M 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 QQQ Invesco QQQ Trust Series 1 188,560 $113.2M Reduce -0.9% IYW iShares Ustechnology ETF 466,621 $91.4M Reduce -33.4% XLK SS Technology Select Sector 296,600 $83.6M Reduce -4.8% NVDA Nvidia Corp. 352,919 $65.8M Add +29.0% IVV iShares Core S&P 500 ETF 95,039 $63.6M Add +3.1% GOOGL Alphabet Inc. Class A 224,311 $54.5M Add +3.8% GDX Vaneck Gold Miners ETF 689,839 $52.7M New GOOG Alphabet Inc. Class C 213,274 $51.9M Reduce -1.1% IAU iShares Gold Trust 697,387 $50.7M Add +577.9% IWB iShares Russell 1000 ETF 87,533 $32.0M Reduce -0.5% MSFT Microsoft Corp. 32,827 $17.0M Reduce -2.3% PLTR Palantir Technologies Inc. Class A 74,103 $13.5M Reduce -1.5% AVGO Broadcom Inc. 25,835 $8.5M No change VOO Vanguard S&P 500 ETF 10,505 $6.4M Reduce -20.4% SPY SS SPDR S&P 500 ETF Trust-US 8,908 $5.9M Reduce -3.0% VGT Vanguard Info Tech ETF 5,719 $4.3M Reduce -10.1% SPMO Invesco S&P 500 Momentum ETF 22,526 $2.7M Reduce -84.1% DELL Dell Technologies -C 18,284 $2.6M Add +5.0% AAPL Apple Inc. 7,112 $1.8M Reduce -18.4% BRK.A Berkshire Hathaway Inc. Class A 2 $1.5M No change MTUM iShares MSCI USA Momentum Fa 5,291 $1.4M Reduce -27.8% LLY Eli Lilly & Co. 1,573 $1.2M Reduce -13.5% WTM White Mountains Insurance GP 500 $836K No change TDOC Teladoc Health Inc. 107,451 $831K Add +1.9% VTI VG Morningstar TS MKT ETF-US 2,266 $744K Add +17.7% SPYD SS SPDR P S&P 500 Hi Div ETF 15,136 $666K New AMZN Amazon.com Inc. 2,729 $599K Reduce -1.4% GLD SPDR Gold Shares 1,362 $484K No change IWF iShares Russell 1000 Growth 821 $385K No change XLI SS Industrial Select Sector 2,457 $379K New TSLA Tesla Inc. 800 $356K No change META Meta Platforms Inc. Class A 458 $336K Add +40.9% NBIS Nebius Group NV 2,870 $322K New VUG Vanguard Mrngstar GR ETF-Sui 598 $287K No change SGOL Abrdn Physical Gold Shares 6,595 $243K No change
Options reported separately and not counted above: NVIDIA CORPORATION calls ($62.7M), NVIDIA CORPORATION puts ($37.3M), VANECK ETF TRUST puts ($2.8M), TELADOC HEALTH INC calls ($1.4M), NUSCALE PWR CORP calls ($208K).
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 ▲ IYW iShares Ustechnology ETF Reduce -33.4% 12.47% −6.14 CIBR First Trust Nasdaq Cybersecu Sold out 0.00% −3.16 SHLD Global X Defense Tech ETF Sold out 0.00% −2.95 SPMO Invesco S&P 500 Momentum ETF Reduce -84.1% 0.37% −2.06 SMH Vaneck Semiconductor ETF Sold out 0.00% −1.92 XLK SS Technology Select Sector Reduce -4.8% 11.41% −0.69 QQQ Invesco QQQ Trust Series 1 Reduce -0.9% 15.45% −0.64 VOO Vanguard S&P 500 ETF Reduce -20.4% 0.88% −0.27 MSFT Microsoft Corp. Reduce -2.3% 2.32% −0.24 IWB iShares Russell 1000 ETF Reduce -0.5% 4.37% −0.21 MTUM iShares MSCI USA Momentum Fa Reduce -27.8% 0.19% −0.08 DVY iShares Select Dividend ETF Sold out 0.00% −0.08 VGT Vanguard Info Tech ETF Reduce -10.1% 0.58% −0.06 SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.0% 0.81% −0.06 LLY Eli Lilly & Co. Reduce -13.5% 0.16% −0.05 AMAT Applied Materials Inc. Sold out 0.00% −0.04 NFLX Netflix Inc. Sold out 0.00% −0.04 AAPL Apple Inc. Reduce -18.4% 0.25% −0.03 AMZN Amazon.com Inc. Reduce -1.4% 0.08% −0.01 PLTR Palantir Technologies Inc. Class A Reduce -1.5% 1.84% +0.27 GOOG Alphabet Inc. Class C Reduce -1.1% 7.09% +1.22
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 ▼ GDX Vaneck Gold Miners ETF New 7.19% +7.19 IAU iShares Gold Trust Add +577.9% 6.92% +5.94 NVDA Nvidia Corp. Add +29.0% 8.98% +2.36 GOOGL Alphabet Inc. Class A Add +3.8% 7.44% +1.60 SPYD SS SPDR P S&P 500 Hi Div ETF New 0.09% +0.09 XLI SS Industrial Select Sector New 0.05% +0.05 NBIS Nebius Group NV New 0.04% +0.04 DELL Dell Technologies -C Add +5.0% 0.35% +0.03 VTI VG Morningstar TS MKT ETF-US Add +17.7% 0.10% +0.01 META Meta Platforms Inc. Class A Add +40.9% 0.05% +0.01 TDOC Teladoc Health Inc. Add +1.9% 0.11% −0.03 IVV iShares Core S&P 500 ETF Add +3.1% 8.68% −0.09
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ NVIDIA CORPORATION call Add +319.8% 3,358 $62.7M NVIDIA CORPORATION put Add +40.9% 2,000 $37.3M INVESCO QQQ TR put Sold out 480 $26.5Mbefore exit VANECK ETF TRUST put New 360 $2.8M TELADOC HEALTH INC call Add +32.4% 1,800 $1.4M NUSCALE PWR CORP call New 82 $208K
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 39 $826.8M QQQ, XLK, GOOG, NVDA, SPY Q1 2026 37 $658.2M IVV, QQQ, XLK, GOOG, GOOGL Q4 2025 38 $702.7M GOOG, QQQ, IVV, XLK, IAU Q3 2025 35 $732.9M QQQ, IYW, XLK, NVDA, IVV Q2 2025 37 $652.6M IYW, QQQ, XLK, IVV, NVDA Q1 2025 31 $559.6M QQQ, SPY, XLK, IVV, IYW Q4 2024 32 $641.6M QQQ, IYW, XLK, IVV, NVDA Q3 2024 30 $618.4M QQQ, IYW, IVV, XLK, NVDA Q2 2024 28 $628.4M IYW, QQQ, XLK, NVDA, GOOGL Q1 2024 27 $578.3M IYW, QQQ, NVDA, XLK, IVV