Picton Mahoney Asset Management

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Picton Mahoney Asset Management reported 870 stock positions worth $7.1 billion. Its top holding was Royal Bank of Canada (RY) at 4.7% of the portfolio, followed by Toronto-Dominion Bank (TD, 3.8%) and Shopify Class A (SHOP, 2.9%). Compared with Q1 2025, it opened 261 new positions, sold out of 230, added to 182 and reduced 181. The biggest buy was a new position in Royal Bank of Canada (RY) and the biggest sale an exit from Intra-Cellular Therapies (ITCI).

Most Recent 13F
Q2 2026
Location
Toronto, A6
CIK
0001539041
Portfolio Value
$7.1B (Q2 2025)
SEC Filing
0001539041-25-000036 ↗ filed Aug 12, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $2.4B Q1 2024 Q2 2024: $2.3B Q2 2024 Q3 2024: $2.6B Q3 2024 Q4 2024: $2.6B Q4 2024 Q1 2025: $2.9B Q1 2025 Q2 2025: $7.1B $7.1B Q2 2025 Q3 2025: $7.8B Q3 2025 Q4 2025: $9.1B Q4 2025 Q1 2026: $9.6B Q1 2026 Q2 2026: $10.8B Q2 2026

Holdings 870 stocks · $7.1B
RY Royal Bank of Canada 4.66% 2,513,876 $330.0M New
TD Toronto-Dominion Bank 3.77% 3,651,196 $267.5M New
SHOP Shopify Inc. Class A 2.85% 1,759,717 $202.1M Add +246359.0%
CP Canadian Pacific Kansas City 2.75% 2,464,528 $195.0M New
CNQ Canadian Natural Resources 2.29% 5,193,500 $162.6M New
WCN Waste Connections Inc. 1.99% 757,500 $140.9M New
BN Brookfield Corp. 1.98% 2,280,199 $140.6M New
AEM Agnico Eagle Mines Ltd. 1.89% 1,129,750 $134.1M New
NVDA Nvidia Corp. 1.88% 843,607 $133.3M Add +25.8%
ENB Enbridge Inc. 1.86% 2,924,995 $132.1M New
MSFT Microsoft Corp. 1.80% 256,569 $127.6M Add +34.7%
TRP TC Energy Corp. 1.42% 2,064,835 $100.4M New
TRI Thomson Reuters Corp. 1.39% 491,996 $98.5M New
OR Or Royalties Inc. 1.36% 3,774,310 $96.6M New
CLS Celestica Inc. 1.28% 581,089 $90.4M New
SLF Sun Life Financial Inc. 1.24% 1,322,756 $87.7M New
TECK Teck Resources Ltd.-CLS B 1.18% 2,068,609 $83.3M New
FNV Franco-Nevada Corp. 1.14% 493,035 $80.6M New
BMO Bank of Montreal filed as BANK MONTREAL QUE 1.12% 716,881 $79.1M New
RCI Rogers Communications Inc. Class B 1.11% 2,664,449 $78.7M New
CVE Cenovus Energy Inc. 1.06% 5,526,056 $74.9M New
AAPL Apple Inc. 1.02% 352,999 $72.4M Add +10.7%
GIL Gildan Activewear Inc. 0.92% 1,332,795 $65.4M New
MFC Manulife Financial Corp. 0.89% 1,986,425 $63.3M New
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.87% 873,718 $61.8M New
HBM Hudbay Minerals Inc. 0.87% 5,812,518 $61.4M New
AVGO Broadcom Inc. 0.80% 206,046 $56.8M Add +1.9%
FSV Firstservice Corp. 0.79% 322,371 $56.0M New
AMZN Amazon.com Inc. 0.76% 245,708 $53.9M Add +1.0%
CCJ Cameco Corp. 0.73% 698,462 $51.7M New
META Meta Platforms Inc. Class A 0.73% 69,852 $51.6M Reduce -9.1%
TU Telus Corp. 0.72% 3,193,987 $51.1M New
DSGX The Descartes Systems Grp 0.68% 478,144 $48.4M New
GOOGL Alphabet Inc. Class A 0.68% 272,535 $48.0M Add +22.9%
BIP Brookfield Infrastructure Pa 0.65% 1,384,662 $46.2M New
WPM Wheaton Precious Metals Corp. 0.61% 479,566 $43.0M New
K Kellanova 0.51% 457,928 $36.4M Reduce -14.1%
BSX Boston Scientific Corp. 0.50% 332,369 $35.7M Add +12.9%
CIGI Colliers Intl GR-Subord Vot 0.50% 272,586 $35.5M New
RGA Reinsurance Group of America 0.50% 177,810 $35.3M Add +28.2%
DNB Dun & Bradstreet Holdings Inc. 0.50% 3,866,832 $35.1M Add +415.3%
LLY Eli Lilly & Co. 0.48% 43,723 $34.1M Add +17.9%
SCHW Schwab (charles) Corp. 0.48% 371,619 $33.9M Add +15.4%
HWM Howmet Aerospace Inc. 0.47% 178,920 $33.3M Reduce -5.9%
SPOT Spotify Technology SA 0.45% 41,878 $32.1M Reduce -9.6%
AZEK The Azek Co. Inc. 0.45% 582,100 $31.6M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.44% 661,432 $31.3M Add +12.8%
LPLA LPL Financial Holdings Inc. 0.43% 82,157 $30.8M Add +20.3%
SKX Skechers USA Inc. Class A 0.43% 480,017 $30.3M Add +2823529.4%
WFC Wells Fargo & Co. 0.43% 377,649 $30.3M Add +5.0%
KKR KKR & Co. Inc. 0.42% 225,662 $30.0M Add +29.9%
DASH DoorDash Inc. Class A 0.41% 118,191 $29.1M Reduce -13.2%
PWR Quanta Services Inc. 0.40% 75,885 $28.7M Add +23.6%
MET Metlife Inc. 0.40% 350,484 $28.2M Add +7.6%
FYBR Frontier Communications Pare 0.39% 761,768 $27.7M Reduce -17.5%
EWG iShares MSCI Germany ETF 0.38% 637,361 $27.0M Add +70.2%
HES Hess Corp. 0.36% 185,000 $25.6M No change
NET Cloudflare Inc. Class A 0.36% 129,395 $25.3M Reduce -11.1%
NFLX Netflix Inc. 0.35% 18,717 $25.1M Add +65.5%
ISRG Intuitive Surgical Inc. 0.35% 46,112 $25.1M Reduce -14.9%
COF Capital One Financial Corp. 0.35% 117,443 $25.0M Add +142.1%
INTU Intuit Inc. 0.35% 31,519 $24.8M Add +8.6%
MS Morgan Stanley 0.35% 175,628 $24.7M New
TWLO Twilio Inc. Class A 0.34% 194,423 $24.2M Add +20.0%
CHWY Chewy Inc. Class A 0.34% 565,592 $24.1M Reduce -26.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.34% 192,952 $23.8M Add +5.6%
CYBR Cyberark Software Ltd./Israel 0.33% 58,155 $23.7M Add +27.7%
TSM Taiwan Semiconductor-SP ADR 0.33% 102,960 $23.3M Add +14.6%
CNI Canadian Natl Railway Co. 0.33% 222,857 $23.1M New
WMT Walmart Inc. 0.32% 235,489 $23.0M Reduce -6.8%
RBC RBC Bearings Inc. 0.32% 59,067 $22.7M Add +6.3%
BPMC Blueprint Medicines Corp. 0.31% 170,000 $21.8M Add +78241.0%
APO Apollo Global Management Inc. 0.31% 152,983 $21.7M Add +27.4%
SNOW Snowflake Inc. 0.30% 95,917 $21.5M Add +31.4%
GIB Cgi Inc. 0.30% 203,089 $21.2M New
MA Mastercard Inc. Class A 0.30% 37,503 $21.1M Add +3.6%
JPM JPMorgan Chase & Co. 0.29% 70,278 $20.4M Reduce -17.9%
CGCTU Cartesian Growth Corp. III 0.29% 2,000,000 $20.3M New
URI United Rentals Inc. 0.29% 26,864 $20.2M Add +0.2%
PNFP Pinnacle Financial Partners 0.29% 183,086 $20.2M Add +11.9%
ESGR Enstar Group Ltd. 0.29% 60,134 $20.2M Reduce -31.4%
UNM Unum Group 0.28% 249,885 $20.2M Reduce -8.3%
NTRA Natera Inc. 0.28% 119,042 $20.1M Add +0.5%
PPL PPL Corp. 0.28% 588,086 $19.9M Add +7.7%
CLH Clean Harbors Inc. 0.28% 86,186 $19.9M Add +15.8%
GPAT GP-Act III Acquisition-A 0.28% 1,875,000 $19.8M No change
ALF Centurion Acquisition Corp. 0.28% 1,875,000 $19.7M No change
CAH Cardinal Health Inc. 0.27% 114,699 $19.3M Add +11.1%
QSR Restaurant Brands Intern 0.27% 289,511 $19.1M New
RKT Rocket Cos Inc. Class A 0.27% 1,332,037 $18.9M Add +318.1%
AON Aon PLC Class A 0.27% 52,813 $18.8M Add +3.5%
SIMA Sim Acquisition Corp. I-A 0.26% 1,800,000 $18.8M Add +28.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.26% 151,274 $18.8M Add +84.1%
TPR Tapestry Inc. 0.26% 211,496 $18.6M Add +163.4%
HD Home Depot Inc. 0.26% 50,224 $18.4M Reduce -5.6%
VTR Ventas Inc. 0.26% 291,490 $18.4M Add +5.6%
AFRM Affirm Holdings Inc. 0.26% 263,675 $18.2M New
DDOG Datadog Inc. Class A 0.25% 133,943 $18.0M New
DXCM Dexcom Inc. 0.25% 204,060 $17.8M Add +41.9%
MTB M & T Bank Corp. filed as M & T BK CORP 0.25% 91,631 $17.8M Add +33.1%

Show all 870 holdings

Options reported separately and not counted above: ISHARES TR calls ($806.5M), ISHARES TR puts ($806.5M), ISHARES TR calls ($266.3M), TESLA INC puts ($119.8M), OKLO INC puts ($79.8M), UNITEDHEALTH GROUP INC calls ($73.0M), COREWEAVE INC puts ($54.2M), DATADOG INC calls ($47.0M), BROOKFIELD ASSET MANAGMT LTD calls ($44.1M), STRATEGY INC puts ($40.4M), HIMS & HERS HEALTH INC puts ($39.9M), MAPLEBEAR INC puts ($36.2M), and 12 more.

Other holdings (69): bonds, preferreds, convertibles and warrants · $7.7M (not counted above)
SecurityClassShares / PrincipalValueChange
IMSRW HCM II Acquisition Corp. - 29 *W EXP 99/99/999 564,282$1.3MReduce -36.6%
VLOSW M3-Brigade Acquisition -30 *W EXP 99/99/999 512,500$898KReduce -45.3%
SBXWF Silverbox Corp. IV-A- 29 *W EXP 08/19/202 291,226$335KReduce -12.6%
GPATW GP-Act III Acq Class A -CW27 *W EXP 05/13/202 937,500$309KReduce -21.9%
CUBWW Lionheart Holdings - WT *W EXP 06/07/203 750,000$282KNo change
ALFUW Centurion Acquisition - 29 *W EXP 05/31/203 912,500$274KReduce -2.7%
EQV VENTURES ACQUISITION *W EXP 07/01/203 349,999$258KReduce -14.7%
KDKRW Ares Acquisition Corp. II-28 *W EXP 99/99/999 225,000$248KReduce -35.7%
CCIXW Churchill Capital Corp. I-29 *W EXP 03/31/203 215,625$205KNo change
LPAAW Launch One Acquisition - 29 *W EXP 06/01/203 734,878$199KReduce -12.0%
ALDFW Aldel Financial II Inc. - 29 *W EXP 09/26/203 375,000$195KNo change
SIMAW Sim Acquisition Corp. - 29 *W EXP 06/01/203 700,000$192KNo change
TACHW Titan Acquisition Corp -30 *W EXP 05/16/203 500,000$185KNew
GROY.WS Gold Royalty Corp. -29 *W EXP 05/31/202 510,000$178KNo change
TMSWW Live Oak Acquisition Co.-CW29 *W EXP 99/99/999 250,000$174KNo change
LPBBW Launch Two Acquisition -29 *W EXP 10/09/202 350,000$147KNo change
TONT.WS Graf Global Corp.- 29 *W EXP 05/31/203 502,140$143KNo change
FERAR Fifth Era Acquisition Corp. I RIGHT 02/21/2030 500,000$140KNo change
ISLWF Israel Acquisitions Corp.-28 *W EXP 99/99/999 550,000$123KNo change
AACBR Artius II Acquisition Inc. RIGHT 11/27/2029 500,000$121KNo change
HDRNW GIGCAPITAL7 Corp.-A - 29 *W EXP 08/29/202 717,500$114KNo change
JACKSON ACQUISITION CO II RIGHT 99/99/9999 400,000$111KNo change
POLEW Andretti Acquisition Corp.-29 *W EXP 06/01/203 550,000$109KNo change
DAAQW Digital Asset Acquisition-30 *W EXP 04/01/203 125,000$106KNew
WLACW Willow Lane Acquisition - 29 *W EXP 10/31/203 250,000$89KNo change
HVIIR Hennessy Capital Investment RIGHT 01/17/2030 250,000$77KNo change
NTWOW Newbury Street II Acq - 29 *W EXP 06/01/203 312,500$75KNo change
BACQR Inflection Point Acquisition RIGHT 11/04/2026 200,000$70KNo change
TVACW Texas Ventures Acq -31 *W EXP 04/23/203 250,000$67KNew
RAAQW REAL ASSET AQC Corp -30 *W EXP 04/24/203 125,000$58KNew
LEGT.WS Legato Merger Corp. III-29 *W EXP 05/08/203 200,000$54KNo change
VACHW Voyager Acquisition Corp. -CW *W EXP 05/16/203 175,000$53KNo change
ATIIW Archimedes Tech-30 *W EXP 10/15/202 125,000$51KNo change
MACIW Melar Acquisition Corp. I -29 *W EXP 06/01/203 162,500$49KNo change
NHICW Newhold Investment Corp. - 30 *W EXP 01/30/203 150,000$49KNo change
RAC.WS Rithm Acquisition Corp. - 30 *W EXP 99/99/999 99,999$49KNo change
DRDBW Roman DBDR Acquisition -30 *W EXP 10/31/203 87,500$45KNo change
FACTW Fact II Acquisition Corp. -29 *W EXP 11/26/203 150,000$42KNo change
MLACR Mountain Lake Acquisition Co. RIGHT 11/15/2028 250,000$41KNo change
HYAC.WS Haymaker Acquisition Corp.-28 *W EXP 05/31/202 100,000$36KNo change
TDACW Translational Dev -A -CW26 *W EXP 12/18/202 125,000$36KNo change
ALCWF Alchemy Investments Acqui-28 *W EXP 11/30/202 300,000$33KNo change
KFIIR K&F Growth Acquisition Corp. RIGHT 08/29/2031 250,000$33KNo change
BEAGR Bold Eagle Acquisition Corp. RIGHT 10/11/2029 100,000$31KNo change
GSHRW Gesher Acquisition Corp. I-30 *W EXP 10/31/203 112,500$31KNo change
BOWNR Bowen Acquisition Corp.-RTS RIGHT 99/99/9999 125,000$27KNo change
SVCCW Stellar V Capital Corp.-Class-29 *W EXP 10/15/202 100,000$26KNew
DYNCW Dynamix Corp. - 29 *W EXP 10/25/202 62,500$24KNo change
NETDW Nabors Energy Transiti-CW *W EXP 09/01/202 50,000$24KReduce -50.0%
SPKWF Spark I Acquisition Corp.-28 *W EXP 10/01/203 125,000$24KNo change
AMODW Insight Acquisition Co. -CW23 *W EXP 12/13/202 150,000$17KNo change
PLMKW Plum Acquisition Corp. IV-30 *W EXP 08/19/202 75,000$16KNo change
OACCW Oaktree Acquisition III -31 *W EXP 09/01/203 15,000$13KNo change
SCAGW Scage Future -30 *W EXP 05/15/203 150,000$12KNew
ZOOZW Zooz Strategy Ltd.-29 *W EXP 04/02/202 162,500$12KNo change
ZEOWW Esgen Acquisition A -CW23 *W EXP 03/13/202 175,000$10KNo change
CHEB.WS Chenghe Acquisition II - 29 *W EXP 05/30/203 100,000$9KNo change
BDMDW Baird Medical Investment -28 *W EXP 10/01/202 96,794$8KNo change
RFAIR RF Acquisition Corp. II RIGHT 05/01/2026 100,000$8KNo change
BRLSW Oxus Acquisition Corp. -CW23 *W EXP 02/07/202 75,000$6KNo change
OPTXW Omnilit Acquisition Class A -23 *W EXP 99/99/999 75,000$6KNo change
TVGNW Semper Paratus Acqu -CW26 *W EXP 02/14/202 75,000$5KNo change
ABPWW Atlantic Coast Acq -CW23 *W EXP 11/12/202 125,000$3KNo change
XBPEW CF Acquisition Viii A -CW27 *W EXP 11/30/202 50,000$3KNo change
RDZNW Vahanna Tech Edge -CW24 *W EXP 11/30/202 75,000$3KNo change
SLXNW Biomotion Sciences-CW29 *W EXP 08/15/202 57,175$2KNo change
CEROW Phoenix Biotech Acq -CW26 *W EXP 02/13/202 75,000$1KNo change
ASBPW Aspire Biopharma Holdin-CW27 *W EXP 02/14/203 50,000$1KNo change
CPTWF Captivision Inc.-28 *W EXP 11/15/202 75,000$1KNo change

Total filed on the 13F, all lines: $7.1B.

Portfolio Sells Q1 2025 → Q2 2025
ITCI Intra-Cellular Therapies Inc. Sold out 0.00% −1.65
SPLV Invesco S&P 500 Low Volatili Reduce -99.4% 0.00% −1.48
PGR Progressive Corp. Reduce -86.3% 0.06% −1.04
K Kellanova Reduce -14.1% 0.51% −1.00
META Meta Platforms Inc. Class A Reduce -9.1% 0.73% −0.79
BERY Berry Global Group Inc. Sold out 0.00% −0.76
FYBR Frontier Communications Pare Reduce -17.5% 0.39% −0.75
ESGR Enstar Group Ltd. Reduce -31.4% 0.29% −0.72
BECN Beacon Roofing Supply Inc. Sold out 0.00% −0.71
ISRG Intuitive Surgical Inc. Reduce -14.9% 0.35% −0.57
ARES ACQUISITION CORP II Reduce -30.2% 0.22% −0.54
TEAM Atlassian Corp. Class A Sold out 0.00% −0.53
CHWY Chewy Inc. Class A Reduce -26.6% 0.34% −0.52
VLOS Velos Acquisition I Corp. Reduce -47.5% 0.16% −0.50
IMSR Terrestrial Energy Inc. Reduce -47.1% 0.15% −0.50
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.49
CFLT Confluent Inc. Class A Sold out 0.00% −0.49
UNM Unum Group Reduce -8.3% 0.28% −0.48
PG The Procter & Gamble Co. Reduce -34.3% 0.16% −0.47
PYCR Paycor HCM Inc. Sold out 0.00% −0.46
BJ Bj's Wholesale Club Holdings Reduce -57.7% 0.09% −0.46
BMY Bristol-Myers Squibb Co. Reduce -100.0% 0.00% −0.45
DASH DoorDash Inc. Class A Reduce -13.2% 0.41% −0.44
WMT Walmart Inc. Reduce -6.8% 0.32% −0.44
JPM JPMorgan Chase & Co. Reduce -17.9% 0.29% −0.43
SPOT Spotify Technology SA Reduce -9.6% 0.45% −0.42
HD Home Depot Inc. Reduce -5.6% 0.26% −0.41
TRGP Targa Resources Corp. Reduce -15.3% 0.17% −0.39
UFPI Ufp Industries Inc. Reduce -12.8% 0.19% −0.39
ATSG Air Transport Services Group Sold out 0.00% −0.39
CRM Salesforce Inc. Sold out 0.00% −0.38
MSI Motorola Solutions Inc. Reduce -84.0% 0.03% −0.38
HWM Howmet Aerospace Inc. Reduce -5.9% 0.47% −0.38
CPRT Copart Inc. Reduce -13.8% 0.16% −0.37
EVRI Everi Holdings Inc. Reduce -50.0% 0.10% −0.37
HOOD Robinhood Markets Inc. Class A Reduce -71.8% 0.12% −0.34
CME Cme Group Inc. Reduce -14.5% 0.20% −0.34
FNA Paragon 28 Inc. Sold out 0.00% −0.34
WDAY Workday Inc. Class A Reduce -100.0% 0.00% −0.32
RXO Rxo Inc. Reduce -99.0% 0.00% −0.31
PFSI Pennymac Financial Services Reduce -95.0% 0.01% −0.30
EXE Expand Energy Corp. Reduce -38.6% 0.11% −0.29
FLUT Flutter Entertainment PLC-Di Reduce -97.4% 0.00% −0.28
BRBR Bellring Brands Inc. Reduce -11.2% 0.11% −0.28
HST Host Hotels & Resorts Inc. Reduce -93.4% 0.01% −0.28
CHX Championx Corp. Sold out 0.00% −0.27
GWRE Guidewire Software Inc. Reduce -78.5% 0.03% −0.25
BABA Alibaba Group Holding-SP ADR Reduce -68.3% 0.03% −0.25
LEN Lennar Corp. Class A Sold out 0.00% −0.24
ROP Roper Technologies Inc. Reduce -0.1% 0.15% −0.24

Portfolio Buys Q1 2025 → Q2 2025
RY Royal Bank of Canada New 4.66% +4.66
TD Toronto-Dominion Bank New 3.77% +3.77
SHOP Shopify Inc. Class A Add +246359.0% 2.85% +2.85
CP Canadian Pacific Kansas City New 2.75% +2.75
CNQ Canadian Natural Resources New 2.29% +2.29
WCN Waste Connections Inc. New 1.99% +1.99
BN Brookfield Corp. New 1.98% +1.98
AEM Agnico Eagle Mines Ltd. New 1.89% +1.89
ENB Enbridge Inc. New 1.86% +1.86
TRP TC Energy Corp. New 1.42% +1.42
TRI Thomson Reuters Corp. New 1.39% +1.39
OR Or Royalties Inc. New 1.36% +1.36
CLS Celestica Inc. New 1.28% +1.28
SLF Sun Life Financial Inc. New 1.24% +1.24
TECK Teck Resources Ltd.-CLS B New 1.18% +1.18
FNV Franco-Nevada Corp. New 1.14% +1.14
BMO Bank of Montreal New 1.12% +1.12
RCI Rogers Communications Inc. Class B New 1.11% +1.11
CVE Cenovus Energy Inc. New 1.06% +1.06
GIL Gildan Activewear Inc. New 0.92% +0.92
MFC Manulife Financial Corp. New 0.89% +0.89
CM Can Imperial BK of Commerce New 0.87% +0.87
HBM Hudbay Minerals Inc. New 0.87% +0.87
FSV Firstservice Corp. New 0.79% +0.79
CCJ Cameco Corp. New 0.73% +0.73
TU Telus Corp. New 0.72% +0.72
DSGX The Descartes Systems Grp New 0.68% +0.68
BIP Brookfield Infrastructure Pa New 0.65% +0.65
WPM Wheaton Precious Metals Corp. New 0.61% +0.61
CIGI Colliers Intl GR-Subord Vot New 0.50% +0.50
AZEK The Azek Co. Inc. New 0.45% +0.45
SKX Skechers USA Inc. Class A Add +2823529.4% 0.43% +0.43
MS Morgan Stanley New 0.35% +0.35
CNI Canadian Natl Railway Co. New 0.33% +0.33
BPMC Blueprint Medicines Corp. Add +78241.0% 0.31% +0.31
GIB Cgi Inc. New 0.30% +0.30
CGCTU Cartesian Growth Corp. III New 0.29% +0.29
QSR Restaurant Brands Intern New 0.27% +0.27
DNB Dun & Bradstreet Holdings Inc. Add +415.3% 0.50% +0.27
AFRM Affirm Holdings Inc. New 0.26% +0.26
DDOG Datadog Inc. Class A New 0.25% +0.25
WAB Wabtec Corp. New 0.25% +0.25
FHN First Horizon Corp. Add +55413.0% 0.22% +0.22
ABBV Abbvie Inc. Add +1280133.3% 0.20% +0.20
BEP Brookfield Renewable Partner New 0.20% +0.20
TLN Talen Energy Corp. New 0.19% +0.19
HIG Hartford Insurance Group Inc. New 0.19% +0.19
FICO Fair Isaac Corp. New 0.19% +0.19
IAG Iamgold Corp. New 0.19% +0.19
SII Sprott Inc. New 0.18% +0.18

Options Activity Q1 2025 → Q2 2025
ISHARES TR call Add +25.0% 10,000,000 $806.5M
ISHARES TR put Reduce -16.7% 10,000,000 $806.5M
INVESCO QQQ TR call Sold out 600,000 $281.4Mbefore exit
ISHARES TR call Reduce -0.5% 1,234,000 $266.3M
INVESCO QQQ TR put Sold out 462,000 $216.6Mbefore exit
TESLA INC put New 377,000 $119.8M
ISHARES TR call Sold out 500,000 $101.1Mbefore exit
OKLO INC put New 1,425,000 $79.8M
UNITEDHEALTH GROUP INC call New 234,000 $73.0M
SNOWFLAKE INC call Sold out 460,000 $67.2Mbefore exit
COREWEAVE INC put New 332,100 $54.2M
ATLASSIAN CORPORATION call Sold out 236,000 $50.1Mbefore exit
DATADOG INC call New 350,000 $47.0M
BROOKFIELD ASSET MANAGMT LTD call New 800,000 $44.1M
STRATEGY INC put New 100,000 $40.4M
HIMS & HERS HEALTH INC put New 800,000 $39.9M
NVIDIA CORPORATION call Sold out 350,000 $37.9Mbefore exit
MAPLEBEAR INC put Add +321.1% 800,000 $36.2M
BELLRING BRANDS INC call New 600,000 $34.8M
DOORDASH INC call New 136,000 $33.5M
KKR & CO INC call Sold out 280,000 $32.4Mbefore exit
MARVELL TECHNOLOGY INC call New 390,000 $30.2M
APPLOVIN CORP call Sold out 105,000 $27.8Mbefore exit
ISHARES TR put Add +38.9% 125,000 $27.0M
ZOETIS INC call Sold out 150,000 $24.7Mbefore exit
CLOUDFLARE INC call Sold out 200,000 $22.5Mbefore exit
CARVANA CO call Sold out 100,000 $20.9Mbefore exit
INTRA-CELLULAR THERAPIES INC put Sold out 150,000 $19.8Mbefore exit
TWILIO INC call Sold out 200,000 $19.6Mbefore exit
REDDIT INC call Sold out 180,000 $18.9Mbefore exit
GARMIN LTD put Sold out 85,000 $18.5Mbefore exit
CONFLUENT INC call Sold out 750,000 $17.6Mbefore exit
SPOTIFY TECHNOLOGY S A call Sold out 30,000 $16.5Mbefore exit
RADNET INC call Sold out 330,000 $16.4Mbefore exit
ROCKET COS INC call New 1,000,000 $14.2M
INTEL CORP call Sold out 600,000 $13.6Mbefore exit
HUBSPOT INC put New 20,000 $11.1M
AES CORP call New 1,000,000 $10.5M
THE TRADE DESK INC call Sold out 150,000 $8.2Mbefore exit
IAMGOLD CORP call New 1,000,000 $7.3M
LENDINGCLUB CORP call Sold out 600,000 $6.2Mbefore exit
ISHARES TR put Sold out 170,000 $6.1Mbefore exit
APPLIED DIGITAL CORP put New 550,000 $5.5M
ISHARES INC put Sold out 120,000 $4.5Mbefore exit
D-WAVE QUANTUM INC put New 200,000 $2.9M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2025 → Q2 2025
IMSRW HCM II Acquisition Corp. - 29 *W EXP 99/99/999 Reduce -36.6% 564,282 $1.3M
VLOSW M3-Brigade Acquisition -30 *W EXP 99/99/999 Reduce -45.3% 512,500 $898K
SBXWF Silverbox Corp. IV-A- 29 *W EXP 08/19/202 Reduce -12.6% 291,226 $335K
GPATW GP-Act III Acq Class A -CW27 *W EXP 05/13/202 Reduce -21.9% 937,500 $309K
ALFUW Centurion Acquisition - 29 *W EXP 05/31/203 Reduce -2.7% 912,500 $274K
EQV VENTURES ACQUISITION *W EXP 07/01/203 Reduce -14.7% 349,999 $258K
KDKRW Ares Acquisition Corp. II-28 *W EXP 99/99/999 Reduce -35.7% 225,000 $248K
LPAAW Launch One Acquisition - 29 *W EXP 06/01/203 Reduce -12.0% 734,878 $199K
TACHW Titan Acquisition Corp -30 *W EXP 05/16/203 New 500,000 $185K
DAAQW Digital Asset Acquisition-30 *W EXP 04/01/203 New 125,000 $106K
GSRTR GSR III Acquisition Corp. RIGHT 99/99/9999 Sold out 71,428 $104Kbefore exit
TVACW Texas Ventures Acq -31 *W EXP 04/23/203 New 250,000 $67K
RAAQW REAL ASSET AQC Corp -30 *W EXP 04/24/203 New 125,000 $58K
Colombier Acquisition - 29 *W EXP 11/24/202 Sold out 49,998 $40Kbefore exit
BSIIW Black Spade Acquisition -30 *W EXP 02/15/202 Sold out 150,595 $33Kbefore exit
SVCCW Stellar V Capital Corp.-Class-29 *W EXP 10/15/202 New 100,000 $26K
NETDW Nabors Energy Transiti-CW *W EXP 09/01/202 Reduce -50.0% 50,000 $24K
SCAGW Scage Future -30 *W EXP 05/15/203 New 150,000 $12K
IVAWF Investcorp India Acquisi -27 *W EXP 06/01/202 Sold out 125,000 $3Kbefore exit
GBGWF Global Blue Group Holding AG *W EXP 08/28/202 Sold out 123,907 $3Kbefore exit
ZCARW Zoomcar Holdings Inc. *W EXP 05/31/202 Sold out 100,000 $1Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,185$10.8BRY, TD, SHOP, CP, BN
Q1 2026 1,067$9.6BRY, TD, CNQ, SHOP, AEM
Q4 2025 1,060$9.1BRY, TD, SHOP, BN, CP
Q3 2025 938$7.8BRY, TD, SHOP, BN, AEM
Q2 2025 870$7.1BRY, TD, SHOP, CP, CNQ
Q1 2025 841$2.9BNVDA, MSFT, AAPL, ITCI, AMZN
Q4 2024Amended 765$2.6BNVDA, MSFT, AMZN, K, SMAR
Q3 2024 765$2.6BNVDA, AAPL, MSFT, K, SMAR
Q2 2024 530$2.3BNVDA, AAPL, MSFT, AMZN, LLY
Q1 2024 299$2.4BPXD, MSFT, NVDA, AMZN, IWN