Pine Valley Investments Ltd Liability Co
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Pine Valley Investments Ltd Liability Co reported 517 stock positions worth $2.0 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 4.6% of the portfolio, followed by Warner Bros Discovery (WBD, 4.1%) and Apple (AAPL, 3.6%). Compared with Q3 2025, it opened 18 new positions, sold out of 19, added to 225 and reduced 240. The biggest buy was Celanese (CE, shares +591%) and the biggest sale Caesars Entertainment (CZR, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- MARLTON, NJ
- CIK
- 0001975417
- Portfolio Value
- $2.0B (Q4 2025)
- SEC Filing
- 0001975417-26-000003 ↗ filed Feb 13, 2026
Holdings Value
Holdings 517 stocks · $2.0B
| SPY SS SPDR S&P 500 ETF Trust-US | 4.59% | 134,881 | $92.2M | Add +1.1% |
| WBD Warner Bros Discovery Inc. | 4.09% | 2,848,883 | $82.1M | Reduce -22.0% |
| AAPL Apple Inc. | 3.64% | 268,739 | $73.1M | Add +2.1% |
| NVDA Nvidia Corp. | 3.20% | 344,765 | $64.3M | Add +2.3% |
| MSFT Microsoft Corp. | 2.52% | 104,617 | $50.6M | Add +7.1% |
| CNC Centene Corp. | 2.05% | 1,000,919 | $41.2M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 1.94% | 124,317 | $39.0M | Add +7.7% |
| CE Celanese Corp. | 1.63% | 771,578 | $32.6M | Add +591.0% |
| AMZN Amazon.com Inc. | 1.57% | 136,042 | $31.4M | Add +12.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.50% | 48,965 | $30.1M | Add +2.1% |
| MOS The Mosaic Co. | 1.43% | 1,187,466 | $28.6M | Add +301.3% |
| EQT Eqt Corp. | 1.37% | 511,793 | $27.4M | Add +15.2% |
| AGO Assured Guaranty Ltd. | 1.36% | 302,957 | $27.2M | Add +0.7% |
| DIAL Columbia Divers Fix Inc. ETF | 1.32% | 1,447,429 | $26.6M | Add +10.0% |
| GOOGL Alphabet Inc. Class A | 1.32% | 84,514 | $26.5M | Reduce -3.1% |
| UITB Victoryshares Core Intermedi | 1.26% | 535,418 | $25.4M | Add +5.4% |
| JNJ Johnson & Johnson | 1.24% | 120,652 | $25.0M | Reduce -0.7% |
| HOG Harley-Davidson Inc. | 1.17% | 1,144,732 | $23.5M | Add +128.2% |
| FTCB FT Core Investment Grade ETF | 1.13% | 1,066,949 | $22.7M | Add +1.9% |
| META Meta Platforms Inc. Class A | 1.11% | 33,656 | $22.2M | Add +17.8% |
| PDS Precision Drilling Corp. | 1.09% | 302,904 | $21.8M | Reduce -13.0% |
| RDVY First Trust Rising Dividend | 1.05% | 303,721 | $21.1M | Add +1.5% |
| JAAA Janus Henderson Aaa Clo ETF | 0.92% | 363,141 | $18.4M | Add +1.3% |
| JBND JPMorgan Active Bond ETF | 0.88% | 327,495 | $17.8M | Add +3.0% |
| IVV iShares Core S&P 500 ETF | 0.86% | 25,311 | $17.3M | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.85% | 141,542 | $17.0M | Reduce -3.6% |
| ABBV Abbvie Inc. | 0.84% | 73,833 | $16.9M | Add +0.9% |
| SDVY First Trust Smid Cap Rising | 0.83% | 434,710 | $16.7M | Add +1.0% |
| MMM 3M Co. | 0.81% | 102,072 | $16.3M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 0.75% | 46,647 | $15.0M | Reduce -1.6% |
| TDIV FT Nasdaq Tech DVD Index FD | 0.69% | 143,922 | $13.9M | Add +2.5% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.69% | 235,309 | $13.8M | Add +3.8% |
| LLY Eli Lilly & Co. | 0.65% | 12,167 | $13.1M | Reduce -0.9% |
| VEA Vanguard Ftse Developed ETF | 0.64% | 206,354 | $12.9M | Reduce -2.9% |
| JMBS Janus Henderson Mortg Backed | 0.64% | 280,807 | $12.8M | Add +5.0% |
| V Visa Inc. Class A | 0.62% | 35,204 | $12.3M | Reduce -2.5% |
| ISPY Proshares S&P High Incom ETF | 0.60% | 264,462 | $12.1M | Add +1.6% |
| IQV Iqvia Holdings Inc. | 0.60% | 53,202 | $12.0M | Add +0.1% |
| HD Home Depot Inc. | 0.59% | 34,291 | $11.8M | Add +0.1% |
| PLTR Palantir Technologies Inc. Class A | 0.58% | 65,583 | $11.7M | Reduce -1.1% |
| ORCL Oracle Corp. | 0.58% | 59,505 | $11.6M | Add +14.2% |
| VOO Vanguard S&P 500 ETF | 0.58% | 18,465 | $11.6M | Add +2.1% |
| USTB Victoryshares Short-Term Bon | 0.51% | 202,823 | $10.3M | Add +3.7% |
| JHMM John Hancock Multi Fact Mid | 0.51% | 157,014 | $10.3M | Add +2.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.51% | 126,865 | $10.2M | Add +3.4% |
| SMIG Bahl & Gaynor S/M Inc. Growth | 0.50% | 348,299 | $10.0M | Reduce -1.4% |
| TMO Thermo Fisher Scientific Inc. | 0.50% | 17,194 | $10.0M | Reduce -0.7% |
| TSLA Tesla Inc. | 0.49% | 21,772 | $9.8M | Reduce -8.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.48% | 19,691 | $9.6M | Reduce -1.8% |
| FTNT Fortinet Inc. | 0.48% | 120,204 | $9.5M | Reduce -34.1% |
| JSI JH Securitized Income ETF | 0.47% | 180,654 | $9.4M | Add +7.5% |
| JD Jd.com Inc.-ADR | 0.47% | 327,437 | $9.4M | Add +36001.1% |
| LRCX Lam Research Corp. | 0.46% | 54,040 | $9.3M | Add +18.5% |
| LMT Lockheed Martin Corp. | 0.46% | 18,900 | $9.1M | Add +3.2% |
| RECS Columbia Resear Enh Cor ETF | 0.44% | 216,780 | $8.9M | Add +5.3% |
| XLK SS Technology Select Sector | 0.43% | 60,325 | $8.7M | Add +7.7% |
| PSLV Sprott Physical Silver Trust | 0.43% | 365,063 | $8.6M | Reduce -2.8% |
| XCEM Columbia Em Core Ex-China | 0.43% | 224,997 | $8.6M | Add +2.1% |
| GS Goldman Sachs Group Inc. | 0.41% | 9,388 | $8.3M | Add +1.2% |
| IWM iShares Russell 2000 ETF | 0.41% | 33,513 | $8.2M | Reduce -15.6% |
| SPGI S&P Global Inc. | 0.41% | 15,709 | $8.2M | Add +4.4% |
| APP AppLovin Corp. Class A | 0.41% | 12,061 | $8.1M | Add +24.3% |
| CVX Chevron Corp. | 0.39% | 51,255 | $7.8M | Add +2.4% |
| WMT Walmart Inc. | 0.38% | 69,262 | $7.7M | Add +41.1% |
| PEP Pepsico Inc. | 0.38% | 52,364 | $7.5M | Reduce -2.5% |
| CIBR First Trust Nasdaq Cybersecu | 0.37% | 102,549 | $7.3M | Add +3.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.36% | 38,188 | $7.3M | Reduce -1.4% |
| DE Deere & Co. | 0.36% | 15,306 | $7.1M | Add +4.3% |
| NRG NRG Energy Inc. | 0.35% | 43,667 | $7.0M | Add +1.3% |
| AMAT Applied Materials Inc. | 0.34% | 26,407 | $6.8M | Reduce -6.4% |
| FVD First Trust Value Line DVD | 0.33% | 142,911 | $6.6M | Reduce -3.3% |
| APD Air Products & Chemicals Inc. | 0.33% | 26,518 | $6.6M | Reduce -1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 12,783 | $6.4M | Reduce -0.6% |
| GLD SPDR Gold Shares | 0.32% | 16,025 | $6.4M | Add +2.4% |
| COST Costco Wholesale Corp. | 0.32% | 7,339 | $6.3M | Add +0.7% |
| QQQM Invesco Nasdaq 100 ETF | 0.31% | 24,491 | $6.2M | Reduce -3.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.31% | 13,153 | $6.2M | Add +97.9% |
| MCD McDonald's Corp. | 0.30% | 19,746 | $6.0M | Reduce -1.4% |
| VFLO Victoryshares Free Cash Flow | 0.30% | 153,138 | $6.0M | Add +42.3% |
| PG The Procter & Gamble Co. | 0.30% | 41,743 | $6.0M | Add +21.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 20,116 | $6.0M | Reduce -0.8% |
| FIXD First Trust Smith Opportunis | 0.29% | 131,631 | $5.8M | Reduce -6.0% |
| URI United Rentals Inc. | 0.29% | 7,114 | $5.8M | Add +9.0% |
| GE General Electric filed as GE AEROSPACE | 0.29% | 18,632 | $5.7M | Reduce -10.4% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.28% | 164,854 | $5.6M | Add +3.3% |
| MRK Merck & Co. Inc. | 0.28% | 53,400 | $5.6M | Add +0.7% |
| SYF Synchrony Financial | 0.28% | 67,115 | $5.6M | Add +3.4% |
| AON Aon PLC Class A | 0.28% | 15,825 | $5.6M | Add +4.1% |
| ABT Abbott Laboratories | 0.27% | 43,479 | $5.4M | Reduce -0.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.26% | 70,700 | $5.2M | Reduce -0.9% |
| FDX FedEx Corp. | 0.26% | 17,929 | $5.2M | Add +67.4% |
| PAAS Pan American Silver Corp. | 0.25% | 95,995 | $5.0M | Add +1.7% |
| QCOM Qualcomm Inc. | 0.25% | 29,048 | $5.0M | Reduce -0.6% |
| NUE Nucor Corp. | 0.25% | 30,257 | $4.9M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 0.24% | 119,493 | $4.9M | Reduce -3.0% |
| BLK BlackRock Inc. | 0.24% | 4,529 | $4.8M | Add +0.6% |
| VWO Vanguard Ftse Emerging Marke | 0.24% | 89,296 | $4.8M | Reduce -7.3% |
| NFLX Netflix Inc. | 0.24% | 50,873 | $4.8M | Add +6.4% |
| GLW Corning Inc. | 0.23% | 53,817 | $4.7M | Add +0.1% |
| NEE Nextera Energy Inc. | 0.23% | 58,658 | $4.7M | Reduce -1.7% |
Options reported separately and not counted above: WBD puts ($26.7M), SPY puts ($24.9M), WBD calls ($24.1M), MU calls ($17.4M), APA calls ($10.0M), MOS calls ($7.8M), JD calls ($6.5M), QQQ puts ($6.3M), SPY calls ($5.7M), QQQ calls ($2.8M), IWM calls ($2.5M), BABA puts ($1.5M), and 30 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| REVBW Revelation Biosc -CW27 | *W EXP 01/10/202 | 245,429 | $2K | No change |
Total filed on the 13F, all lines: $2.0B.
Portfolio Sells Q3 2025 → Q4 2025
| CZR Caesars Entertainment Inc. | Reduce -98.2% | 0.02% | −1.09 |
| PYPL PayPal Holdings Inc. | Reduce -86.4% | 0.07% | −0.53 |
| MUR Murphy Oil Corp. | Sold out | 0.00% | −0.52 |
| DINO HF Sinclair Corp. | Reduce -95.1% | 0.02% | −0.45 |
| UNH Unitedhealth Group Inc. | Reduce -63.3% | 0.19% | −0.38 |
| HELO JPMorgan Hedged Equity ETF | Reduce -69.9% | 0.14% | −0.33 |
| FTNT Fortinet Inc. | Reduce -34.1% | 0.48% | −0.32 |
| ADBE Adobe Inc. | Reduce -62.2% | 0.16% | −0.29 |
| IT Gartner Inc. | Reduce -83.7% | 0.04% | −0.24 |
| LULU Lululemon Athletica Inc. | Reduce -90.9% | 0.03% | −0.22 |
| CMG Chipotle Mexican Grill Inc. | Reduce -85.5% | 0.03% | −0.20 |
| GIS General Mills Inc. | Reduce -81.6% | 0.04% | −0.19 |
| TGT Target Corp. | Reduce -87.8% | 0.03% | −0.18 |
| BABA Alibaba Group Holding-SP ADR | Reduce -59.7% | 0.07% | −0.16 |
| KMB Kimberly-Clark Corp. | Reduce -48.8% | 0.07% | −0.11 |
| PAYC Paycom Software Inc. | Reduce -83.6% | 0.01% | −0.10 |
| IWM iShares Russell 2000 ETF | Reduce -15.6% | 0.41% | −0.09 |
| TSLA Tesla Inc. | Reduce -8.5% | 0.49% | −0.06 |
| UPS United Parcel Service Class B | Reduce -41.4% | 0.13% | −0.06 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -27.5% | 0.16% | −0.06 |
| APD Air Products & Chemicals Inc. | Reduce -1.2% | 0.33% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.1% | 0.58% | −0.05 |
| SMIG Bahl & Gaynor S/M Inc. Growth | Reduce -1.4% | 0.50% | −0.05 |
| ROP Roper Technologies Inc. | Reduce -8.3% | 0.15% | −0.04 |
| MSTR Strategy Inc. | Reduce -1.3% | 0.03% | −0.04 |
| GE General Electric | Reduce -10.4% | 0.29% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -3.0% | 0.24% | −0.04 |
| DGX Quest Diagnostics Inc. | Reduce -5.5% | 0.18% | −0.04 |
| ABT Abbott Laboratories | Reduce -0.7% | 0.27% | −0.03 |
| FIXD First Trust Smith Opportunis | Reduce -6.0% | 0.29% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -7.3% | 0.24% | −0.03 |
| AXON Axon Enterprise Inc. | Reduce -3.1% | 0.09% | −0.03 |
| BX Blackstone Inc. | Reduce -4.1% | 0.15% | −0.03 |
| SCHM Schwab US Mid Cap ETF | Reduce -25.8% | 0.08% | −0.03 |
| MO Altria Group Inc. | Reduce -4.0% | 0.12% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -1.6% | 0.75% | −0.03 |
| GPC Genuine Parts Co. | Reduce -4.5% | 0.13% | −0.03 |
| T AT&T Inc. | Reduce -1.4% | 0.14% | −0.03 |
| LYV Live Nation Entertainment Inc. | Reduce -4.2% | 0.11% | −0.03 |
| ADP Automatic Data Processing | Reduce -3.0% | 0.12% | −0.03 |
| FVD First Trust Value Line DVD | Reduce -3.3% | 0.33% | −0.03 |
| J Jacobs Solutions Inc. | Reduce -1.0% | 0.14% | −0.03 |
| V Visa Inc. Class A | Reduce -2.5% | 0.62% | −0.03 |
| HON Honeywell International Inc. | Reduce -6.2% | 0.13% | −0.03 |
| URA Global X Uranium ETF | Reduce -2.4% | 0.14% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -6.5% | 0.15% | −0.03 |
| AJG Arthur J Gallagher & Co. | Reduce -3.1% | 0.08% | −0.02 |
| AMT American Tower Corp. | Reduce -4.3% | 0.12% | −0.02 |
| DLR Digital Realty Trust Inc. | Reduce -4.2% | 0.10% | −0.02 |
| PFE Pfizer Inc. | Reduce -5.3% | 0.18% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| CE Celanese Corp. | Add +591.0% | 1.63% | +1.38 |
| MOS The Mosaic Co. | Add +301.3% | 1.43% | +0.89 |
| GOOG Alphabet Inc. Class C | Add +7.7% | 1.94% | +0.48 |
| JD Jd.com Inc.-ADR | Add +36001.1% | 0.47% | +0.47 |
| HOG Harley-Davidson Inc. | Add +128.2% | 1.17% | +0.44 |
| JIVE JPM Interntl Value ETF | New | 0.19% | +0.19 |
| AMZN Amazon.com Inc. | Add +12.0% | 1.57% | +0.18 |
| CI The Cigna Group | Add +736.7% | 0.19% | +0.16 |
| AAPL Apple Inc. | Add +2.1% | 3.64% | +0.15 |
| LRCX Lam Research Corp. | Add +18.5% | 0.46% | +0.14 |
| JTEK JPMorgan US Tech Leaders | New | 0.14% | +0.14 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +97.9% | 0.31% | +0.14 |
| GAP The Gap Inc. | New | 0.13% | +0.13 |
| FDX FedEx Corp. | Add +67.4% | 0.26% | +0.13 |
| WMT Walmart Inc. | Add +41.1% | 0.38% | +0.12 |
| EQT Eqt Corp. | Add +15.2% | 1.37% | +0.11 |
| TJX TJX Companies Inc. | Add +697.2% | 0.12% | +0.10 |
| PANW Palo Alto Networks Inc. | Add +488.8% | 0.12% | +0.10 |
| CL Colgate-Palmolive Co. | Add +500.4% | 0.11% | +0.09 |
| VFLO Victoryshares Free Cash Flow | Add +42.3% | 0.30% | +0.09 |
| SBUX Starbucks Corp. | Add +229.8% | 0.12% | +0.08 |
| IQV Iqvia Holdings Inc. | Add +0.1% | 0.60% | +0.07 |
| DIAL Columbia Divers Fix Inc. ETF | Add +10.0% | 1.32% | +0.06 |
| PAAS Pan American Silver Corp. | Add +1.7% | 0.25% | +0.06 |
| COPP Sprott Copper Miners ETF | New | 0.06% | +0.06 |
| IREN Iren Ltd. | New | 0.05% | +0.05 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +36.5% | 0.21% | +0.05 |
| MRK Merck & Co. Inc. | Add +0.7% | 0.28% | +0.05 |
| OKLO Oklo Inc. | New | 0.04% | +0.04 |
| APP AppLovin Corp. Class A | Add +24.3% | 0.41% | +0.04 |
| SCHA Schwab US Small-Cap ETF | Add +160.0% | 0.07% | +0.04 |
| SYF Synchrony Financial | Add +3.4% | 0.28% | +0.04 |
| XLV SS Health Care Select Sector | Add +22.6% | 0.17% | +0.04 |
| CMCSA Comcast Corp. Class A | Add +107.9% | 0.08% | +0.04 |
| COPJ Sprott Jr Copper Miners ETF | New | 0.04% | +0.04 |
| SLVR Sprott SLVR Miner & PHY SLVR | Add +3.1% | 0.16% | +0.03 |
| DOW Dow Inc. | Add +98.6% | 0.06% | +0.03 |
| AGO Assured Guaranty Ltd. | Add +0.7% | 1.36% | +0.03 |
| SPGI S&P Global Inc. | Add +4.4% | 0.41% | +0.03 |
| GLD SPDR Gold Shares | Add +2.4% | 0.32% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +1.2% | 0.41% | +0.03 |
| PG The Procter & Gamble Co. | Add +21.0% | 0.30% | +0.02 |
| XLK SS Technology Select Sector | Add +7.7% | 0.43% | +0.02 |
| ZTS Zoetis Inc. | Add +186.7% | 0.04% | +0.02 |
| AMTM Amentum Holdings Inc. | Add +3.0% | 0.11% | +0.02 |
| KGC Kinross Gold Corp. | Add +0.2% | 0.21% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +21.3% | 0.05% | +0.02 |
| JMUB JPMorgan Municipal ETF | Add +33.6% | 0.07% | +0.02 |
| AMD Advanced Micro Devices | Add +0.5% | 0.08% | +0.02 |
| MODL Victoryshares Westend US Sec | New | 0.02% | +0.02 |
Options Activity Q3 2025 → Q4 2025
| WBD Warner Bros Discovery Inc. | put | Add +41.4% | 926,000 | $26.7M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -52.5% | 36,500 | $24.9M |
| WBD Warner Bros Discovery Inc. | call | Reduce -0.2% | 836,900 | $24.1M |
| MU Micron Technology Inc. | call | Add +449.6% | 61,000 | $17.4M |
| APA Apa Corp. | call | Add +17.1% | 410,200 | $10.0M |
| MOS The Mosaic Co. | call | New | 322,500 | $7.8M |
| JD Jd.com Inc.-ADR | call | Add +3327.3% | 226,200 | $6.5M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +750.0% | 10,200 | $6.3M |
| UPST Upstart Holdings Inc. | call | Sold out | 50,800 | $2.6Mbefore exit |
| IWM iShares Russell 2000 ETF | call | Reduce -4.7% | 10,100 | $2.5M |
| AAP Advance Auto Parts Inc. | call | Sold out | 29,000 | $1.8Mbefore exit |
| BABA Alibaba Group Holding-SP ADR | put | Reduce -4.5% | 10,500 | $1.5M |
| AGO Assured Guaranty Ltd. | call | New | 16,000 | $1.4M |
| SLV iShares Silver Trust | call | Reduce -59.0% | 16,800 | $1.1M |
| PYPL PayPal Holdings Inc. | call | New | 15,000 | $876K |
| RKT Rocket Cos Inc. Class A | call | Add +79.2% | 36,200 | $701K |
| SILJ Amplify Junior Silver Miners | call | Reduce -67.8% | 23,000 | $636K |
| LMT Lockheed Martin Corp. | call | Sold out | 1,000 | $499Kbefore exit |
| UPS United Parcel Service Class B | call | New | 4,000 | $397K |
| SOFI Sofi Technologies Inc. | put | Add +50.0% | 15,000 | $393K |
| GDXJ Vaneck Junior Gold Miners | call | Sold out | 3,500 | $347Kbefore exit |
| HOG Harley-Davidson Inc. | call | Add +163.3% | 15,800 | $324K |
| ORCL Oracle Corp. | call | New | 1,400 | $273K |
| PYPL PayPal Holdings Inc. | put | Sold out | 4,000 | $268Kbefore exit |
| AG First Majestic Silver Corp. | call | Reduce -61.0% | 14,000 | $233K |
| AAPL Apple Inc. | put | New | 800 | $217K |
| CE Celanese Corp. | call | Sold out | 5,000 | $210Kbefore exit |
| NVDA Nvidia Corp. | put | Add +100.0% | 1,000 | $187K |
| CZR Caesars Entertainment Inc. | call | New | 6,000 | $140K |
| APP AppLovin Corp. Class A | put | Reduce -66.7% | 200 | $135K |
| CRWV Coreweave Inc. Class A | call | New | 1,200 | $86K |
| ZM Zoom Communications Inc. | put | Sold out | 1,000 | $83Kbefore exit |
| HL Hecla Mining Co. | call | New | 4,000 | $77K |
| MARA Mara Holdings Inc. | call | Sold out | 3,700 | $68Kbefore exit |
| TTD Trade Desk Inc./the Class A | call | Sold out | 1,000 | $49Kbefore exit |
| GOOG Alphabet Inc. Class C | put | Sold out | 100 | $24Kbefore exit |
| PDS Precision Drilling Corp. | call | Sold out | 400 | $23Kbefore exit |
| PLTR Palantir Technologies Inc. Class A | put | Sold out | 100 | $18Kbefore exit |
| MSTR Strategy Inc. | call | New | 100 | $15K |
| STRIVE INC | call | New | 15,000 | $11K |
| AAL American Airlines Group Inc. | call | Sold out | 800 | $9Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| ADNWW Amci Acquisition Corp.-CW26 | *W EXP 02/03/202 | Sold out | 40,000 | $556before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 570 | $2.3B | SPY, AAPL, NVDA, GPN, CNC |
| Q1 2026 | 536 | $2.1B | SPY, AAPL, NVDA, CE, HOG |
| Q4 2025 | 517 | $2.0B | SPY, WBD, AAPL, NVDA, MSFT |
| Q3 2025 | 517 | $1.9B | SPY, WBD, AAPL, NVDA, MSFT |
| Q2 2025 | 508 | $1.7B | SPY, NVDA, AAPL, WBD, MSFT |
| Q1 2025 | 498 | $1.6B | SPY, AAPL, MSFT, WBD, NVDA |
| Q4 2024 | 478 | $1.5B | SPY, AAPL, FIXD, MSFT, NVDA |
| Q3 2024 | 471 | $1.5B | SPY, FIXD, AAPL, MSFT, NVDA |
| Q2 2024 | 445 | $1.4B | SPY, FIXD, AAPL, MSFT, NVDA |
| Q1 2024 | 445 | $1.3B | SPY, FIXD, AAPL, MSFT, NVDA |