Parker Investment Management, LLC In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Parker Investment Management, LLC reported 38 stock positions worth $702.7 million . Its top holding was Alphabet Class C (GOOG) at 16.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 15.1% ) and iShares Core S&P 500 ETF (IVV, 12.5% ). Compared with Q3 2025, it opened 3 new positions, added to 10 and reduced 22. The biggest buy was Alphabet Class C (GOOG, shares +73% ) and the biggest sale Vaneck Gold Miners ETF (GDX, shares −93% ).
Location Menlo Park, CA
CIK 0001672070
Portfolio Value $702.7M (Q4 2025) Holdings 38 stocks · $702.7M 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 GOOG Alphabet Inc. Class C 368,678 $115.7M Add +72.9% QQQ Invesco QQQ Trust Series 1 173,199 $106.4M Reduce -8.2% IVV iShares Core S&P 500 ETF 127,973 $87.7M Add +34.6% XLK SS Technology Select Sector 562,874 $81.0M Reduce -5.1% IAU iShares Gold Trust 651,350 $52.9M Reduce -6.6% GOOGL Alphabet Inc. Class A 165,953 $51.9M Reduce -26.0% IYW iShares Ustechnology ETF 250,330 $50.0M Reduce -46.4% NVDA Nvidia Corp. 257,374 $48.0M Reduce -27.1% IWB iShares Russell 1000 ETF 87,333 $32.6M Reduce -0.2% MSFT Microsoft Corp. 30,946 $15.0M Reduce -5.7% PLTR Palantir Technologies Inc. Class A 64,809 $11.5M Reduce -12.5% AVGO Broadcom Inc. 25,931 $9.0M Add +0.4% SPY SS SPDR S&P 500 ETF Trust-US 9,129 $6.2M Add +2.5% VOO Vanguard S&P 500 ETF 9,167 $5.7M Reduce -12.7% GDX Vaneck Gold Miners ETF 50,839 $4.4M Reduce -92.6% VGT Vanguard Info Tech ETF 5,359 $4.0M Reduce -6.3% DELL Dell Technologies -C 21,342 $2.7M Add +16.7% AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 37,868 $2.5M New AAPL Apple Inc. 8,380 $2.3M Add +17.8% BRK.A Berkshire Hathaway Inc. Class A 2 $1.5M No change LLY Eli Lilly & Co. 1,395 $1.5M Reduce -11.3% SPMO Invesco S&P 500 Momentum ETF 8,638 $1.0M Reduce -61.6% MTUM iShares MSCI USA Momentum Fa 3,994 $1000K Reduce -24.5% NBIS Nebius Group NV 11,818 $989K Add +311.8% WTM White Mountains Insurance GP 475 $987K Reduce -5.0% SNPS Synopsys Inc. 1,900 $892K New VTI VG Morningstar TS MKT ETF-US 2,122 $712K Reduce -6.3% AMZN Amazon.com Inc. 2,715 $627K Reduce -0.5% SPYD SS SPDR P S&P 500 Hi Div ETF 13,888 $601K Reduce -8.3% GLD SPDR Gold Shares 1,447 $573K Add +6.2% TDOC Teladoc Health Inc. 78,251 $548K Reduce -27.2% IWF iShares Russell 1000 Growth 821 $389K No change META Meta Platforms Inc. Class A 560 $370K Add +22.3% TSLA Tesla Inc. 796 $358K Reduce -0.5% SGOL Abrdn Physical Gold Shares 7,991 $328K Add +21.2% VUG Vanguard Mrngstar GR ETF-Sui 598 $292K No change XLI SS Industrial Select Sector 1,877 $291K Reduce -23.6% ITOT iShares Core S&P Total U.S. 1,372 $204K New
Options reported separately and not counted above: NVIDIA CORPORATION calls ($2.8M), TELADOC HEALTH INC calls ($280K), TELADOC HEALTH INC puts ($280K).
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 ▲ GDX Vaneck Gold Miners ETF Reduce -92.6% 0.62% −6.57 IYW iShares Ustechnology ETF Reduce -46.4% 7.11% −5.36 NVDA Nvidia Corp. Reduce -27.1% 6.83% −2.15 QQQ Invesco QQQ Trust Series 1 Reduce -8.2% 15.14% −0.30 SPMO Invesco S&P 500 Momentum ETF Reduce -61.6% 0.15% −0.23 PLTR Palantir Technologies Inc. Class A Reduce -12.5% 1.64% −0.20 MSFT Microsoft Corp. Reduce -5.7% 2.13% −0.19 VOO Vanguard S&P 500 ETF Reduce -12.7% 0.82% −0.06 GOOGL Alphabet Inc. Class A Reduce -26.0% 7.39% −0.05 MTUM iShares MSCI USA Momentum Fa Reduce -24.5% 0.14% −0.04 TDOC Teladoc Health Inc. Reduce -27.2% 0.08% −0.04 XLI SS Industrial Select Sector Reduce -23.6% 0.04% −0.01 VGT Vanguard Info Tech ETF Reduce -6.3% 0.57% −0.01 SPYD SS SPDR P S&P 500 Hi Div ETF Reduce -8.3% 0.09% −0.01 VTI VG Morningstar TS MKT ETF-US Reduce -6.3% 0.10% −0.00 TSLA Tesla Inc. Reduce -0.5% 0.05% +0.00 AMZN Amazon.com Inc. Reduce -0.5% 0.09% +0.01 WTM White Mountains Insurance GP Reduce -5.0% 0.14% +0.03 LLY Eli Lilly & Co. Reduce -11.3% 0.21% +0.05 XLK SS Technology Select Sector Reduce -5.1% 11.53% +0.13 IWB iShares Russell 1000 ETF Reduce -0.2% 4.64% +0.28 IAU iShares Gold Trust Reduce -6.6% 7.52% +0.60
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 ▼ GOOG Alphabet Inc. Class C Add +72.9% 16.46% +9.38 IVV iShares Core S&P 500 ETF Add +34.6% 12.47% +3.80 AKRE Akre Focus ETF New 0.35% +0.35 SNPS Synopsys Inc. New 0.13% +0.13 AVGO Broadcom Inc. Add +0.4% 1.28% +0.11 NBIS Nebius Group NV Add +311.8% 0.14% +0.10 AAPL Apple Inc. Add +17.8% 0.32% +0.08 SPY SS SPDR S&P 500 ETF Trust-US Add +2.5% 0.89% +0.08 ITOT iShares Core S&P Total U.S. New 0.03% +0.03 DELL Dell Technologies -C Add +16.7% 0.38% +0.03 GLD SPDR Gold Shares Add +6.2% 0.08% +0.02 SGOL Abrdn Physical Gold Shares Add +21.2% 0.05% +0.01 META Meta Platforms Inc. Class A Add +22.3% 0.05% +0.01
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ NVIDIA CORPORATION put Sold out 2,000 $37.3Mbefore exit NVIDIA CORPORATION call Reduce -95.5% 150 $2.8M VANECK ETF TRUST put Sold out 360 $2.8Mbefore exit TELADOC HEALTH INC call Reduce -77.8% 400 $280K TELADOC HEALTH INC put New 400 $280K NUSCALE PWR CORP call Sold out 82 $208Kbefore exit
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