Parkwood LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Parkwood LLC reported 81 stock positions worth $1.0 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 13.0% of the portfolio, followed by Vanguard Ftse Emerging Marke (VWO, 6.3%) and Axon Enterprise (AXON, 2.7%). Compared with Q2 2025, it opened 19 new positions, sold out of 17, added to 21 and reduced 23. The biggest buy was a new position in Axon Enterprise (AXON) and the biggest sale an exit from Astrazeneca PLC-Spons ADR (AZN).
- Most Recent 13F
- Q2 2026
- Location
- CLEVELAND, OH
- CIK
- 0001597823
- Portfolio Value
- $1.0B (Q3 2025)
- SEC Filing
- 0001597823-25-000013 ↗ filed Nov 14, 2025
Holdings Value
Holdings 81 stocks · $1.0B
| VTI VG Morningstar TS MKT ETF-US | 13.01% | 406,545 | $133.4M | Reduce -18.6% |
| VWO Vanguard Ftse Emerging Marke | 6.29% | 1,190,229 | $64.5M | No change |
| AXON Axon Enterprise Inc. | 2.68% | 38,250 | $27.4M | New |
| META Meta Platforms Inc. Class A | 2.66% | 37,071 | $27.2M | Add +42.5% |
| AAP Advance Auto Parts Inc. | 2.32% | 387,863 | $23.8M | Add +6.6% |
| AMZN Amazon.com Inc. | 2.19% | 102,296 | $22.5M | Add +121.3% |
| SNX TD Synnex Corp. | 2.12% | 132,638 | $21.7M | Add +11.3% |
| GOOG Alphabet Inc. Class C | 2.07% | 87,258 | $21.3M | Add +1.3% |
| CNQ Canadian Natural Resources | 2.04% | 654,874 | $20.9M | Add +4.8% |
| IBIT iShares Bitcoin Trust ETF | 1.88% | 296,000 | $19.2M | Reduce -20.0% |
| NET Cloudflare Inc. Class A | 1.84% | 87,750 | $18.8M | New |
| SHOP Shopify Inc. Class A | 1.73% | 119,027 | $17.7M | New |
| ELV Elevance Health Inc. | 1.70% | 54,052 | $17.5M | Reduce -9.9% |
| CDNS Cadence Design SYS Inc. | 1.69% | 49,347 | $17.3M | Add +21.7% |
| NVS Novartis AG-Sponsored ADR | 1.66% | 132,966 | $17.1M | Reduce -41.5% |
| OMF Onemain Holdings Inc. | 1.65% | 299,632 | $16.9M | Add +22.1% |
| PM Philip Morris International | 1.60% | 101,345 | $16.4M | Reduce -35.8% |
| DASH DoorDash Inc. Class A | 1.55% | 58,436 | $15.9M | Reduce -13.9% |
| VEA Vanguard Ftse Developed ETF | 1.53% | 262,127 | $15.7M | No change |
| APH Amphenol Corp. Class A | 1.50% | 124,567 | $15.4M | Reduce -0.8% |
| TSM Taiwan Semiconductor-SP ADR | 1.50% | 55,109 | $15.4M | Reduce -66.3% |
| MSFT Microsoft Corp. | 1.47% | 29,177 | $15.1M | Add +55.8% |
| AEVA Aeva Technologies Inc. | 1.46% | 1,030,627 | $14.9M | No change |
| UBER Uber Technologies Inc. | 1.45% | 152,033 | $14.9M | Reduce -7.4% |
| NVDA Nvidia Corp. | 1.42% | 78,239 | $14.6M | New |
| SPOT Spotify Technology SA | 1.39% | 20,408 | $14.2M | Add +16.8% |
| LRCX Lam Research Corp. | 1.36% | 104,015 | $13.9M | New |
| MELI MercadoLibre Inc. | 1.32% | 5,782 | $13.5M | Add +18.5% |
| CVS CVS Health Corp. | 1.31% | 178,341 | $13.4M | Reduce -19.7% |
| CORZ Core Scientific Inc. | 1.22% | 700,000 | $12.6M | Add +100.0% |
| ETHA iShares Ethereum Trust ETF | 1.20% | 392,000 | $12.4M | No change |
| SLM SLM Corp. | 1.20% | 445,348 | $12.3M | Add +53.5% |
| PGR Progressive Corp. | 1.13% | 46,722 | $11.5M | Reduce -3.9% |
| C Citigroup Inc. | 1.12% | 112,967 | $11.5M | New |
| WFC Wells Fargo & Co. | 1.08% | 131,970 | $11.1M | Add +0.8% |
| NOW ServiceNow Inc. | 1.07% | 11,951 | $11.0M | Reduce -3.4% |
| DG Dollar General Corp. | 1.03% | 102,458 | $10.6M | Add +9.4% |
| AN Autonation Inc. | 0.96% | 44,975 | $9.8M | New |
| DDOG Datadog Inc. Class A | 0.94% | 67,919 | $9.7M | New |
| CPNG Coupang Inc. | 0.93% | 296,337 | $9.5M | New |
| APO Apollo Global Management Inc. | 0.91% | 70,112 | $9.3M | Add +41.6% |
| PRI Primerica Inc. | 0.89% | 32,942 | $9.1M | Add +10.1% |
| ACGL Arch Capital Group Ltd. | 0.89% | 100,286 | $9.1M | Reduce -48.2% |
| MRP Millrose Properties | 0.88% | 269,655 | $9.1M | Add +3.4% |
| URI United Rentals Inc. | 0.86% | 9,210 | $8.8M | Reduce -34.2% |
| LEN Lennar Corp. Class A | 0.85% | 68,919 | $8.7M | Reduce -14.1% |
| TXN Texas Instruments Inc. | 0.83% | 46,317 | $8.5M | New |
| MCHP Microchip Technology Inc. | 0.82% | 130,842 | $8.4M | New |
| MPLX MPLX LP | 0.81% | 166,815 | $8.3M | Add +4.3% |
| ENB Enbridge Inc. | 0.80% | 162,782 | $8.2M | Reduce -42.8% |
| ROP Roper Technologies Inc. | 0.80% | 16,423 | $8.2M | Add +1.4% |
| UHAL U-Haul Holding Co. | 0.76% | 135,872 | $7.8M | Add +12.4% |
| KWEB Kranesh Csi China Internet | 0.73% | 179,000 | $7.5M | No change |
| PBR Petroleo Brasileiro-Spon ADR | 0.73% | 593,505 | $7.5M | Reduce -60.0% |
| FOX Fox Corp. Class B | 0.73% | 131,027 | $7.5M | Reduce -10.8% |
| BLDR Builders Firstsource Inc. | 0.70% | 59,489 | $7.2M | New |
| SCHW Schwab (charles) Corp. | 0.70% | 75,532 | $7.2M | Reduce -66.2% |
| MNDY Monday.com Ltd. | 0.67% | 35,381 | $6.9M | New |
| CB Chubb Ltd. | 0.67% | 24,270 | $6.8M | New |
| TTE Totalenergies SE -Spon ADR | 0.61% | 105,137 | $6.3M | Reduce -50.4% |
| PG The Procter & Gamble Co. | 0.52% | 34,661 | $5.3M | Reduce -7.8% |
| TSLA Tesla Inc. | 0.52% | 11,905 | $5.3M | New |
| GLUE Monte Rosa Therapeutics Inc. | 0.51% | 708,000 | $5.2M | No change |
| ONL Orion Properties Inc. | 0.51% | 1,940,000 | $5.2M | No change |
| PEP Pepsico Inc. | 0.49% | 35,873 | $5.0M | Reduce -17.1% |
| KKR KKR & Co. Inc. | 0.45% | 35,540 | $4.6M | No change |
| ARKK ARK Innovation ETF | 0.45% | 53,300 | $4.6M | No change |
| TSLX Sixth Street Specialty Lendi | 0.41% | 184,819 | $4.2M | No change |
| CTSH Cognizant Tech Solutions-A | 0.39% | 59,590 | $4.0M | New |
| ARCC Ares Capital Corp. | 0.36% | 178,402 | $3.6M | No change |
| BXSL Blackstone Secured Lending F | 0.32% | 127,638 | $3.3M | No change |
| NDAQ Nasdaq Inc. | 0.28% | 32,600 | $2.9M | No change |
| FSK FS KKR Capital Corp. | 0.27% | 187,500 | $2.8M | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.20% | 22,270 | $2.0M | Reduce -83.5% |
| DAWN Day One Biopharmaceuticals I | 0.19% | 275,000 | $1.9M | No change |
| BYND Beyond Meat Inc. | 0.10% | 5,400,000 | $1.1M | No change |
| IOT Samsara Inc. Class A | 0.04% | 10,693 | $398K | No change |
| DV Doubleverify Holdings Inc. | 0.03% | 24,909 | $298K | New |
| LTCH Latch Inc. | 0.01% | 998,286 | $99K | No change |
| REPX Riley Exploration Permian Inc. | 0.01% | 2,500 | $68K | New |
| SHPWQ Shapeways Holdings Inc. | 0.00% | 159,657 | $0 | New |
Options reported separately and not counted above: XBI calls ($46.1M), TLT calls ($26.8M).
Other holdings (3): bonds, preferreds, convertibles and warrants · $182K (not counted above)
Total filed on the 13F, all lines: $1.0B.
Portfolio Sells Q2 2025 → Q3 2025
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −1.41 |
| BAC Bank of America Corp. | Sold out | 0.00% | −1.33 |
| USB US Bancorp | Sold out | 0.00% | −1.30 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -66.3% | 1.50% | −1.29 |
| SCHW Schwab (charles) Corp. | Reduce -66.2% | 0.70% | −1.17 |
| SNY Sanofi-ADR | Sold out | 0.00% | −1.12 |
| INTU Intuit Inc. | Sold out | 0.00% | −1.10 |
| PM Philip Morris International | Reduce -35.8% | 1.60% | −1.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −1.01 |
| FISV Fiserv Inc. | Sold out | 0.00% | −1.00 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -60.0% | 0.73% | −0.98 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -18.6% | 13.01% | −0.95 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -83.5% | 0.20% | −0.94 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.90 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.89 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.87 |
| NVS Novartis AG-Sponsored ADR | Reduce -41.5% | 1.66% | −0.87 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.78 |
| SCS Steelcase Inc. Class A | Sold out | 0.00% | −0.77 |
| ACGL Arch Capital Group Ltd. | Reduce -48.2% | 0.89% | −0.73 |
| FNF Fidelity National Financial | Sold out | 0.00% | −0.73 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.62 |
| FG F&G Annuities & Life Inc. | Sold out | 0.00% | −0.61 |
| TTE Totalenergies SE -Spon ADR | Reduce -50.4% | 0.61% | −0.58 |
| ELV Elevance Health Inc. | Reduce -9.9% | 1.70% | −0.44 |
| ENB Enbridge Inc. | Reduce -42.8% | 0.80% | −0.38 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.37 |
| IBIT iShares Bitcoin Trust ETF | Reduce -20.0% | 1.88% | −0.21 |
| RAL Ralliant Corp. | Sold out | 0.00% | −0.19 |
| URI United Rentals Inc. | Reduce -34.2% | 0.86% | −0.11 |
| CVS CVS Health Corp. | Reduce -19.7% | 1.31% | −0.10 |
| NOW ServiceNow Inc. | Reduce -3.4% | 1.07% | −0.10 |
| PGR Progressive Corp. | Reduce -3.9% | 1.13% | −0.07 |
| PEP Pepsico Inc. | Reduce -17.1% | 0.49% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -7.8% | 0.52% | −0.03 |
| DASH DoorDash Inc. Class A | Reduce -13.9% | 1.55% | +0.01 |
| LEN Lennar Corp. Class A | Reduce -14.1% | 0.85% | +0.03 |
| FOX Fox Corp. Class B | Reduce -10.8% | 0.73% | +0.03 |
| UBER Uber Technologies Inc. | Reduce -7.4% | 1.45% | +0.04 |
| APH Amphenol Corp. Class A | Reduce -0.8% | 1.50% | +0.36 |
Portfolio Buys Q2 2025 → Q3 2025
| AXON Axon Enterprise Inc. | New | 2.68% | +2.68 |
| NET Cloudflare Inc. Class A | New | 1.84% | +1.84 |
| SHOP Shopify Inc. Class A | New | 1.73% | +1.73 |
| NVDA Nvidia Corp. | New | 1.42% | +1.42 |
| LRCX Lam Research Corp. | New | 1.36% | +1.36 |
| AMZN Amazon.com Inc. | Add +121.3% | 2.19% | +1.26 |
| C Citigroup Inc. | New | 1.12% | +1.12 |
| AN Autonation Inc. | New | 0.96% | +0.96 |
| DDOG Datadog Inc. Class A | New | 0.94% | +0.94 |
| CPNG Coupang Inc. | New | 0.93% | +0.93 |
| META Meta Platforms Inc. Class A | Add +42.5% | 2.66% | +0.89 |
| TXN Texas Instruments Inc. | New | 0.83% | +0.83 |
| MCHP Microchip Technology Inc. | New | 0.82% | +0.82 |
| AAP Advance Auto Parts Inc. | Add +6.6% | 2.32% | +0.77 |
| BLDR Builders Firstsource Inc. | New | 0.70% | +0.70 |
| CORZ Core Scientific Inc. | Add +100.0% | 1.22% | +0.68 |
| MNDY Monday.com Ltd. | New | 0.67% | +0.67 |
| CB Chubb Ltd. | New | 0.67% | +0.67 |
| GOOG Alphabet Inc. Class C | Add +1.3% | 2.07% | +0.67 |
| SNX TD Synnex Corp. | Add +11.3% | 2.12% | +0.63 |
| MSFT Microsoft Corp. | Add +55.8% | 1.47% | +0.62 |
| CDNS Cadence Design SYS Inc. | Add +21.7% | 1.69% | +0.54 |
| TSLA Tesla Inc. | New | 0.52% | +0.52 |
| CTSH Cognizant Tech Solutions-A | New | 0.39% | +0.39 |
| OMF Onemain Holdings Inc. | Add +22.1% | 1.65% | +0.36 |
| SLM SLM Corp. | Add +53.5% | 1.20% | +0.33 |
| APO Apollo Global Management Inc. | Add +41.6% | 0.91% | +0.27 |
| CNQ Canadian Natural Resources | Add +4.8% | 2.04% | +0.24 |
| MRP Millrose Properties | Add +3.4% | 0.88% | +0.20 |
| SPOT Spotify Technology SA | Add +16.8% | 1.39% | +0.16 |
| MELI MercadoLibre Inc. | Add +18.5% | 1.32% | +0.14 |
| PRI Primerica Inc. | Add +10.1% | 0.89% | +0.14 |
| WFC Wells Fargo & Co. | Add +0.8% | 1.08% | +0.11 |
| UHAL U-Haul Holding Co. | Add +12.4% | 0.76% | +0.08 |
| MPLX MPLX LP | Add +4.3% | 0.81% | +0.06 |
| DG Dollar General Corp. | Add +9.4% | 1.03% | +0.05 |
| DV Doubleverify Holdings Inc. | New | 0.03% | +0.03 |
| REPX Riley Exploration Permian Inc. | New | 0.01% | +0.01 |
| SHPWQ Shapeways Holdings Inc. | New | 0.00% | 0.00 |
| ROP Roper Technologies Inc. | Add +1.4% | 0.80% | −0.05 |
Options Activity Q2 2025 → Q3 2025
| XBI SS SPDR S&P Biotech ETF | call | Add +9900.0% | 460,000 | $46.1M |
| TLT iShares 20+ Year Treasury BD | call | Add +9900.0% | 300,000 | $26.8M |
| XBI SS SPDR S&P Biotech ETF | put | Sold out | 4,600 | $6.8Mbefore 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 | 70 | $1.4B | ACWI, RSP, VWO, GOOG, TSM |
| Q1 2026 | 85 | $1.1B | RSP, VWO, EEM, TSM, NVDA |
| Q4 2025 | 93 | $1.2B | VTI, VWO, META, TSM, AXON |
| Q3 2025 | 81 | $1.0B | VTI, VWO, AXON, META, AAP |
| Q2 2025 | 79 | $1.1B | VTI, VWO, AEVA, TSM, PM |
| Q1 2025 | 77 | $1.0B | VTI, NVO, JPM, PGR, MSFT |
| Q4 2024 | 80 | $812.2M | VTI, NVO, GOOG, VT, ELV |
| Q3 2024 | 75 | $821.7M | VTI, AMZN, NVO, RBLX, MSFT |
| Q2 2024 | 124 | $803.9M | VTI, NVO, BIL, AMZN, ELV |
| Q1 2024 | 168 | $956.7M | VTI, BIL, NVO, META, ELV |