Prelude Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Prelude Capital Management, LLC reported 1,105 stock positions worth $1.3 billion. Its top holding was Nvidia (NVDA) at 2.4% of the portfolio, followed by SPDR Gold Shares (GLD, 1.9%) and Verona Pharma (VRNA, 1.3%). Compared with Q2 2025, it opened 459 new positions, sold out of 320, added to 320 and reduced 302. The biggest buy was a new position in Verona Pharma (VRNA) and the biggest sale Meta Platforms Class A (META, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001387508
- Portfolio Value
- $1.3B (Q3 2025)
- SEC Filing
- 0000945621-25-001135 ↗ filed Nov 14, 2025
Holdings Value
Holdings 1,105 stocks · $1.3B
| NVDA Nvidia Corp. | 2.38% | 162,889 | $30.4M | Add +32.3% |
| GLD SPDR Gold Shares | 1.93% | 69,454 | $24.7M | Add +7.8% |
| VRNA Verona Pharma Ltd. | 1.34% | 160,565 | $17.1M | New |
| U Unity Software Inc. | 1.19% | 377,899 | $15.1M | New |
| AMZN Amazon.com Inc. | 1.16% | 67,558 | $14.8M | Add +297.7% |
| BHF Brighthouse Financial Inc. | 1.14% | 273,818 | $14.5M | Reduce -1.4% |
| CYBR Cyberark Software Ltd./Israel | 1.11% | 29,406 | $14.2M | New |
| IBIT iShares Bitcoin Trust ETF | 1.11% | 217,098 | $14.1M | Add +304.5% |
| GOOG Alphabet Inc. Class C | 1.11% | 57,940 | $14.1M | Reduce -11.8% |
| COOP Mr Cooper Group Inc. | 1.06% | 64,083 | $13.5M | Add +100.3% |
| TXNM TXNM Energy Inc. | 1.06% | 238,839 | $13.5M | Add +184.1% |
| FYBR Frontier Communications Pare | 1.02% | 350,240 | $13.1M | Add +75.2% |
| GTM Zoominfo Technologies Inc. | 1.00% | 1,170,257 | $12.8M | Add +0.3% |
| NSC Norfolk Southern Corp. | 0.99% | 42,029 | $12.6M | New |
| K Kellanova | 0.93% | 145,279 | $11.9M | Add +17.3% |
| FLR Fluor Corp. | 0.71% | 215,880 | $9.1M | Add +29.1% |
| GTLS Chart Industries Inc. | 0.68% | 43,152 | $8.6M | New |
| IPG Interpublic Group of Cos Inc. | 0.67% | 308,571 | $8.6M | Add +3375.7% |
| META Meta Platforms Inc. Class A | 0.66% | 11,444 | $8.4M | Reduce -60.7% |
| MSFT Microsoft Corp. | 0.64% | 15,899 | $8.2M | Add +7.6% |
| EA Electronic Arts Inc. | 0.63% | 39,937 | $8.1M | Add +2197.9% |
| CNR Core Natural Resources Inc. | 0.62% | 94,362 | $7.9M | Reduce -1.7% |
| SRLN SS Blackstone Sr Loan ETF | 0.59% | 180,227 | $7.5M | New |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.59% | 130,000 | $7.5M | New |
| SHOP Shopify Inc. Class A | 0.56% | 47,731 | $7.1M | Add +1298.1% |
| RBLX Roblox Corp. Class A | 0.55% | 50,422 | $7.0M | Add +534.5% |
| TLT iShares 20+ Year Treasury BD | 0.55% | 78,068 | $7.0M | Reduce -2.7% |
| ETSY Etsy Inc. | 0.55% | 104,851 | $7.0M | Add +739.9% |
| WNS WNS Holdings Ltd. filed as WNS HLDGS LTD | 0.52% | 86,612 | $6.6M | New |
| LITE Lumentum Holdings Inc. | 0.50% | 39,411 | $6.4M | Add +101.2% |
| BABA Alibaba Group Holding-SP ADR | 0.49% | 35,024 | $6.3M | Add +224.4% |
| AIFC AI Financial Corp. filed as ALT5 SIGMA CORP | 0.49% | 2,310,760 | $6.2M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.48% | 22,060 | $6.2M | Add +1.3% |
| JOYY Joyy Inc.-ADR | 0.47% | 102,092 | $6.0M | New |
| COHR Coherent Corp. | 0.46% | 55,108 | $5.9M | New |
| TPB Turning Point Brands Inc. | 0.46% | 59,631 | $5.9M | Reduce -8.7% |
| BMNR Bitmine Immersion Technologi | 0.46% | 112,646 | $5.8M | New |
| KD Kyndryl Holdings Inc. | 0.46% | 193,772 | $5.8M | Add +46.0% |
| CVCO Cavco Industries Inc. | 0.43% | 9,371 | $5.4M | Reduce -18.0% |
| PENN Penn Entertainment Inc. | 0.41% | 270,274 | $5.2M | Reduce -23.1% |
| GLNG Golar LNG Ltd. | 0.41% | 128,404 | $5.2M | Reduce -1.5% |
| ORCL Oracle Corp. | 0.40% | 18,024 | $5.1M | Add +208.7% |
| VBTX Veritex Holdings Inc. | 0.39% | 149,939 | $5.0M | New |
| PCG P G & E Corp. | 0.38% | 324,795 | $4.9M | Add +1178.8% |
| RDDT Reddit Inc. Class A | 0.38% | 21,268 | $4.9M | Add +202.7% |
| CLS Celestica Inc. | 0.38% | 19,769 | $4.9M | Reduce -26.2% |
| BIO Bio-Rad Laboratories-A | 0.37% | 16,733 | $4.7M | Reduce -42.8% |
| HUT Hut 8 Corp. | 0.36% | 132,484 | $4.6M | Add +64.1% |
| GOOGL Alphabet Inc. Class A | 0.35% | 18,475 | $4.5M | Reduce -22.4% |
| PYPL PayPal Holdings Inc. | 0.35% | 66,064 | $4.4M | Add +458.7% |
| LINC Lincoln Educational Services | 0.35% | 187,641 | $4.4M | Add +13.4% |
| MRUS Merus NV | 0.33% | 44,471 | $4.2M | New |
| STAA Staar Surgical Co. | 0.33% | 155,290 | $4.2M | New |
| PRA Proassurance Corp. | 0.33% | 173,758 | $4.2M | Add +75.1% |
| AVGO Broadcom Inc. | 0.32% | 12,461 | $4.1M | Add +230.8% |
| BSX Boston Scientific Corp. | 0.32% | 41,610 | $4.1M | New |
| VST Vistra Corp. | 0.31% | 20,469 | $4.0M | Add +26.4% |
| COMP Compass Inc. Class A | 0.31% | 496,905 | $4.0M | Add +145.2% |
| NBIS Nebius Group NV | 0.31% | 35,500 | $4.0M | Reduce -21.4% |
| STX Seagate Technology Holdings | 0.31% | 16,633 | $3.9M | Reduce -8.6% |
| NATL NCR Atleos Corp. | 0.31% | 99,333 | $3.9M | Add +1224.4% |
| WDC Western Digital Corp. | 0.31% | 32,451 | $3.9M | Reduce -30.6% |
| DHT DHT Holdings Inc. | 0.30% | 317,377 | $3.8M | Add +0.8% |
| DQ Daqo New Energy Corp.-ADR | 0.30% | 133,941 | $3.8M | Add +3.8% |
| ALE Allete Inc. | 0.29% | 56,224 | $3.7M | Add +43.2% |
| GPK Graphic Packaging Holding Co. | 0.29% | 189,051 | $3.7M | Add +2.7% |
| PHLT Performant Healthcare Inc. | 0.29% | 476,220 | $3.7M | New |
| GDXJ Vaneck Junior Gold Miners | 0.29% | 37,034 | $3.7M | Add +36.6% |
| ARW Arrow Electronics Inc. | 0.29% | 30,116 | $3.6M | Add +11.6% |
| EQIX Equinix Inc. | 0.28% | 4,594 | $3.6M | Add +0.5% |
| LLYVK Liberty Media Corp.-Liberty-C | 0.28% | 37,055 | $3.6M | Reduce -4.6% |
| APP AppLovin Corp. Class A | 0.28% | 4,968 | $3.6M | Add +127.1% |
| LUXE Luxexperience BV | 0.28% | 418,152 | $3.6M | Add +3.1% |
| WDAY Workday Inc. Class A | 0.27% | 14,440 | $3.5M | Add +36.2% |
| OMC Omnicom Group | 0.27% | 42,504 | $3.5M | Reduce -2.9% |
| SPR Spirit Aerosystems Hold Class A | 0.27% | 88,311 | $3.4M | Add +589.3% |
| CNC Centene Corp. | 0.26% | 93,766 | $3.3M | Add +103.2% |
| CHTR Charter Communications Inc. Class A | 0.26% | 12,020 | $3.3M | New |
| CIEN Ciena Corp. | 0.25% | 22,154 | $3.2M | Add +216.5% |
| NEM Newmont Corp. | 0.25% | 38,186 | $3.2M | Add +21.6% |
| UBER Uber Technologies Inc. | 0.25% | 32,742 | $3.2M | Add +25.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.25% | 34,610 | $3.2M | No change |
| WFRD Weatherford International PL | 0.25% | 45,993 | $3.1M | Add +0.7% |
| NFLX Netflix Inc. | 0.25% | 2,624 | $3.1M | Reduce -39.2% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.24% | 38,161 | $3.1M | Add +42.9% |
| TEVA Teva Pharmaceutical-SP ADR | 0.24% | 153,388 | $3.1M | Reduce -0.1% |
| SRTA Strata Critical Medical Inc. | 0.24% | 600,221 | $3.0M | Reduce -32.7% |
| CLH Clean Harbors Inc. | 0.24% | 13,060 | $3.0M | Add +0.4% |
| SCS Steelcase Inc. Class A | 0.24% | 174,962 | $3.0M | Add +820.5% |
| ENTG Entegris Inc. | 0.23% | 32,246 | $3.0M | Reduce -33.8% |
| TDS Telephone and Data Systems | 0.23% | 74,683 | $2.9M | Reduce -21.4% |
| LBTYA Liberty Global Ltd. Class A | 0.23% | 255,042 | $2.9M | Reduce -0.2% |
| PRTH Priority Technology Holdings | 0.23% | 422,734 | $2.9M | Add +38.9% |
| IWM iShares Russell 2000 ETF | 0.23% | 11,919 | $2.9M | Reduce -22.6% |
| NXDR Nextdoor Holdings Inc. | 0.22% | 1,352,546 | $2.8M | Add +0.6% |
| CBRE CBRE Group Inc. Class A | 0.22% | 17,867 | $2.8M | Add +21.9% |
| TMV Dir Da 20+YR Tre Be 3X ETF-U | 0.22% | 80,240 | $2.8M | Add +957.2% |
| BLD Topbuild Corp. | 0.22% | 7,164 | $2.8M | Add +118.2% |
| BTG B2GOLD Corp. | 0.22% | 560,000 | $2.8M | No change |
| TLN Talen Energy Corp. | 0.21% | 6,394 | $2.7M | Add +385.1% |
Options reported separately and not counted above: OPEN calls ($1.2M), IBIT calls ($837K), SPY puts ($485K), OKLO puts ($378K), SPY calls ($287K), TIDAL TRUST II puts ($248K), SCHL calls ($225K), TSLA calls ($210K), WULF calls ($207K), CORZ calls ($201K).
Other holdings (4): bonds, preferreds, convertibles and warrants · $441K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | 85,000 | $302K | Add +1638.5% |
| BIVIW Biovie Inc. -30 | *W EXP 08/08/203 | 293,436 | $132K | New |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 45,000 | $7K | No change |
| KPLTW Katapult Holdings Inc. -CW26 | *W EXP 06/09/202 | 28,680 | $195 | No change |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q2 2025 → Q3 2025
| META Meta Platforms Inc. Class A | Reduce -60.7% | 0.66% | −1.44 |
| TSLA Tesla Inc. | Reduce -91.5% | 0.12% | −1.14 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -85.5% | 0.13% | −1.01 |
| BIDU Baidu Inc. - Spon ADR | Reduce -94.5% | 0.07% | −0.99 |
| AMED Amedisys Inc. | Sold out | 0.00% | −0.87 |
| HES Hess Corp. | Sold out | 0.00% | −0.79 |
| SWTX Springworks Therapeutics Inc. | Sold out | 0.00% | −0.79 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.75 |
| ANF Abercrombie & Fitch Co. Class A | Reduce -87.3% | 0.09% | −0.75 |
| CORZ Core Scientific Inc. | Reduce -77.1% | 0.13% | −0.54 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.50 |
| MELI MercadoLibre Inc. | Reduce -93.6% | 0.02% | −0.47 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −0.46 |
| BASE Couchbase Inc. | Sold out | 0.00% | −0.42 |
| AGS Playags Inc. | Sold out | 0.00% | −0.39 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.38 |
| PLTR Palantir Technologies Inc. Class A | Reduce -76.2% | 0.13% | −0.38 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.37 |
| RDFN Redfin Corp. | Sold out | 0.00% | −0.36 |
| DELL Dell Technologies -C | Reduce -71.3% | 0.13% | −0.35 |
| SII Sprott Inc. | Sold out | 0.00% | −0.33 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −0.33 |
| BIO Bio-Rad Laboratories-A | Reduce -42.8% | 0.37% | −0.32 |
| BHF Brighthouse Financial Inc. | Reduce -1.4% | 1.14% | −0.32 |
| NFLX Netflix Inc. | Reduce -39.2% | 0.25% | −0.32 |
| BRDG Bridge Investment Grp HDS-A | Sold out | 0.00% | −0.31 |
| EVRI Everi Holdings Inc. | Sold out | 0.00% | −0.30 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.29 |
| CHX Championx Corp. | Sold out | 0.00% | −0.28 |
| AAON Aaon Inc. | Reduce -69.2% | 0.13% | −0.27 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.27 |
| PWOD Penns Woods Bancorp Inc. | Sold out | 0.00% | −0.27 |
| RDUS Radius Recycling Inc. Class A | Sold out | 0.00% | −0.26 |
| SE Sea Ltd.-ADR | Reduce -77.7% | 0.06% | −0.26 |
| SPOK Spok Holdings Inc. | Sold out | 0.00% | −0.26 |
| HPQ HP Inc. | Reduce -79.5% | 0.06% | −0.25 |
| SJT San Juan Basin Royalty TR | Sold out | 0.00% | −0.23 |
| CNH CNH Industrial NV | Reduce -29.7% | 0.21% | −0.23 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -62.6% | 0.10% | −0.23 |
| MU Micron Technology Inc. | Reduce -59.9% | 0.18% | −0.23 |
| REVG Rev Group Inc. | Reduce -91.8% | 0.02% | −0.22 |
| FL Foot Locker Inc. | Sold out | 0.00% | −0.22 |
| STM Stmicroelectronics NV-NY SHS | Sold out | 0.00% | −0.21 |
| PENN Penn Entertainment Inc. | Reduce -23.1% | 0.41% | −0.21 |
| ETN Eaton Corp. PLC | Reduce -83.5% | 0.03% | −0.21 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.20 |
| ESGR Enstar Group Ltd. | Sold out | 0.00% | −0.20 |
| APG Api Group Corp. | Reduce -41.5% | 0.18% | −0.20 |
| NUE Nucor Corp. | Reduce -86.8% | 0.02% | −0.18 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.18 |
Portfolio Buys Q2 2025 → Q3 2025
| VRNA Verona Pharma Ltd. | New | 1.34% | +1.34 |
| U Unity Software Inc. | New | 1.19% | +1.19 |
| CYBR Cyberark Software Ltd./Israel | New | 1.11% | +1.11 |
| NSC Norfolk Southern Corp. | New | 0.99% | +0.99 |
| AMZN Amazon.com Inc. | Add +297.7% | 1.16% | +0.80 |
| IBIT iShares Bitcoin Trust ETF | Add +304.5% | 1.11% | +0.78 |
| GTLS Chart Industries Inc. | New | 0.68% | +0.68 |
| IPG Interpublic Group of Cos Inc. | Add +3375.7% | 0.67% | +0.65 |
| EA Electronic Arts Inc. | Add +2197.9% | 0.63% | +0.60 |
| TXNM TXNM Energy Inc. | Add +184.1% | 1.06% | +0.60 |
| COOP Mr Cooper Group Inc. | Add +100.3% | 1.06% | +0.59 |
| SRLN SS Blackstone Sr Loan ETF | New | 0.59% | +0.59 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.59% | +0.59 |
| WNS WNS Holdings Ltd. | New | 0.52% | +0.52 |
| SHOP Shopify Inc. Class A | Add +1298.1% | 0.56% | +0.52 |
| AIFC AI Financial Corp. | New | 0.49% | +0.49 |
| ETSY Etsy Inc. | Add +739.9% | 0.55% | +0.48 |
| NVDA Nvidia Corp. | Add +32.3% | 2.38% | +0.48 |
| JOYY Joyy Inc.-ADR | New | 0.47% | +0.47 |
| RBLX Roblox Corp. Class A | Add +534.5% | 0.55% | +0.47 |
| COHR Coherent Corp. | New | 0.46% | +0.46 |
| BMNR Bitmine Immersion Technologi | New | 0.46% | +0.46 |
| VBTX Veritex Holdings Inc. | New | 0.39% | +0.39 |
| BABA Alibaba Group Holding-SP ADR | Add +224.4% | 0.49% | +0.37 |
| PCG P G & E Corp. | Add +1178.8% | 0.38% | +0.35 |
| MRUS Merus NV | New | 0.33% | +0.33 |
| STAA Staar Surgical Co. | New | 0.33% | +0.33 |
| LITE Lumentum Holdings Inc. | Add +101.2% | 0.50% | +0.32 |
| BSX Boston Scientific Corp. | New | 0.32% | +0.32 |
| FYBR Frontier Communications Pare | Add +75.2% | 1.02% | +0.31 |
| PHLT Performant Healthcare Inc. | New | 0.29% | +0.29 |
| NATL NCR Atleos Corp. | Add +1224.4% | 0.31% | +0.28 |
| RDDT Reddit Inc. Class A | Add +202.7% | 0.38% | +0.28 |
| ORCL Oracle Corp. | Add +208.7% | 0.40% | +0.27 |
| PYPL PayPal Holdings Inc. | Add +458.7% | 0.35% | +0.26 |
| CHTR Charter Communications Inc. Class A | New | 0.26% | +0.26 |
| AVGO Broadcom Inc. | Add +230.8% | 0.32% | +0.22 |
| SPR Spirit Aerosystems Hold Class A | Add +589.3% | 0.27% | +0.22 |
| SCS Steelcase Inc. Class A | Add +820.5% | 0.24% | +0.22 |
| HUT Hut 8 Corp. | Add +64.1% | 0.36% | +0.21 |
| APP AppLovin Corp. Class A | Add +127.1% | 0.28% | +0.20 |
| PDFS PDF Solutions Inc. | New | 0.20% | +0.20 |
| CIEN Ciena Corp. | Add +216.5% | 0.25% | +0.20 |
| TMV Dir Da 20+YR Tre Be 3X ETF-U | Add +957.2% | 0.22% | +0.19 |
| COMP Compass Inc. Class A | Add +145.2% | 0.31% | +0.19 |
| AL Sumisho Air Lease Corp. | New | 0.18% | +0.18 |
| WULF Terawulf Inc. | New | 0.18% | +0.18 |
| IQ Iqiyi Inc.-ADR | New | 0.18% | +0.18 |
| TLN Talen Energy Corp. | Add +385.1% | 0.21% | +0.18 |
| VRNT Verint Systems Inc. | New | 0.17% | +0.17 |
Options Activity Q2 2025 → Q3 2025
| OPEN Opendoor Technologies Inc. | call | New | 4,655 | $1.2M |
| IBIT iShares Bitcoin Trust ETF | call | Add +55.9% | 2,650 | $837K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -19.1% | 1,162 | $485K |
| OKLO Oklo Inc. | put | New | 218 | $378K |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +55.9% | 845 | $287K |
| TIDAL TRUST II | put | New | 1,600 | $248K |
| NVDA Nvidia Corp. | put | Sold out | 907 | $246Kbefore exit |
| SCHL Scholastic Corp. | call | New | 795 | $225K |
| XLP SS Consumer Staples Sel Sect | put | Sold out | 925 | $222Kbefore exit |
| SE Sea Ltd.-ADR | put | Sold out | 195 | $213Kbefore exit |
| TSLA Tesla Inc. | call | New | 120 | $210K |
| WULF Terawulf Inc. | call | New | 2,300 | $207K |
| CORZ Core Scientific Inc. | call | New | 1,125 | $201K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | Add +1638.5% | 85,000 | $302K |
| BIVIW Biovie Inc. -30 | *W EXP 08/08/203 | New | 293,436 | $132K |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | Sold out | 16,560 | $104Kbefore 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 | 1,162 | $1.4B | WBD, GTLS, BHF, GLD, NSC |
| Q1 2026 | 1,157 | $1.3B | GLD, BHF, NVDA, PEN, MU |
| Q4 2025 | 1,248 | $1.4B | GLD, NVDA, EA, BHF, GOOG |
| Q3 2025 | 1,105 | $1.3B | NVDA, GLD, VRNA, U, AMZN |
| Q2 2025 | 967 | $1.0B | META, GLD, NVDA, BHF, TSLA |
| Q1 2025 | 1,049 | $991.1M | GLD, BHF, K, HES, GOOGL |
| Q4 2024 | 1,042 | $1.2B | GLD, NVDA, AMZN, SMAR, TSLA |
| Q3 2024Amended | 1,133 | $1.3B | GLD, BHF, BIDU, HES, CONSOL ENERGY INC |
| Q2 2024 | 1,085 | $1.2B | BHF, GLD, HES, WDC, HLIT |
| Q1 2024 | 1,165 | $1.5B | NVDA, BHF, BIO, GLD, BIDU |