Prelude Capital Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Prelude Capital Management, LLC reported 1,248 stock positions worth $1.4 billion. Its top holding was SPDR Gold Shares (GLD) at 2.5% of the portfolio, followed by Nvidia (NVDA, 1.7%) and Electronic Arts (EA, 1.5%). Compared with Q3 2025, it opened 507 new positions, sold out of 365, added to 326 and reduced 382. The biggest buy was a new position in Exact Sciences (EXAS) and the biggest sale an exit from Verona Pharma (VRNA).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001387508
Portfolio Value
$1.4B (Q4 2025)
SEC Filing
0000945621-26-000327 ↗ filed Feb 17, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $991.1M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.4B $1.4B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.4B Q2 2026

Holdings 1,248 stocks · $1.4B

GLD SPDR Gold Shares 2.49% 85,244 $33.8M Add +22.7%
NVDA Nvidia Corp. 1.74% 126,361 $23.6M Reduce -22.4%
EA Electronic Arts Inc. 1.52% 101,119 $20.7M Add +153.2%
BHF Brighthouse Financial Inc. 1.51% 315,367 $20.4M Add +15.2%
GOOG Alphabet Inc. Class C 1.39% 60,086 $18.9M Add +3.7%
CYBR Cyberark Software Ltd./Israel 1.12% 34,092 $15.2M Add +15.9%
GTM Zoominfo Technologies Inc. 1.08% 1,445,218 $14.7M Add +23.5%
NSC Norfolk Southern Corp. 1.04% 48,808 $14.1M Add +16.1%
TXNM TXNM Energy Inc. 1.03% 237,625 $14.0M Reduce -0.5%
EXAS Exact Sciences Corp. 0.99% 131,830 $13.4M New
NICE Nice Ltd. - Spon ADR 0.98% 117,600 $13.3M New
NFLX Netflix Inc. 0.98% 141,291 $13.2M Add +438.5%
DAY Dayforce Inc. 0.90% 176,687 $12.2M Add +1867.6%
TER Teradyne Inc. 0.83% 58,335 $11.3M Add +782.0%
U Unity Software Inc. 0.81% 248,837 $11.0M Reduce -34.1%
FYBR Frontier Communications Pare 0.81% 287,168 $10.9M Reduce -18.0%
WBD Warner Bros Discovery Inc. 0.76% 356,157 $10.3M Add +167.8%
BE Bloom Energy Corp. Class A 0.72% 113,207 $9.8M Add +413.4%
HOOD Robinhood Markets Inc. Class A 0.70% 83,526 $9.4M Add +501.0%
HUCK Huckleberry AI Inc. filed as DOMO INC 0.68% 1,100,900 $9.3M Add +4850.8%
HOLX Hologic Inc. 0.64% 115,837 $8.6M Add +3621.1%
MU Micron Technology Inc. 0.63% 29,974 $8.6M Add +122.7%
FLR Fluor Corp. 0.63% 214,771 $8.5M Reduce -0.5%
CNR Core Natural Resources Inc. 0.62% 95,584 $8.5M Add +1.3%
RNAM Avidity Biosciences Inc. 0.59% 111,919 $8.1M New
STX Seagate Technology Holdings 0.58% 28,808 $7.9M Add +73.2%
TSLA Tesla Inc. 0.58% 17,356 $7.8M Add +404.7%
SRLN SS Blackstone Sr Loan ETF 0.57% 188,330 $7.8M Add +4.5%
WDC Western Digital Corp. 0.52% 40,917 $7.0M Add +26.1%
ATXS Astria Therapeutics Inc. 0.51% 529,021 $6.9M New
AMZN Amazon.com Inc. 0.51% 29,985 $6.9M Reduce -55.6%
JOYY Joyy Inc.-ADR 0.51% 106,592 $6.9M Add +4.4%
CLS Celestica Inc. 0.49% 22,571 $6.7M Add +14.2%
CDTX Cidara Therapeutics Inc. 0.47% 28,641 $6.3M New
KVUE Kenvue Inc. 0.46% 360,856 $6.2M New
GTLS Chart Industries Inc. 0.45% 29,889 $6.2M Reduce -30.7%
CIEN Ciena Corp. 0.45% 25,963 $6.1M Add +17.2%
AIFC AI Financial Corp. filed as ALT5 SIGMA CORP 0.41% 5,055,089 $5.6M Add +118.8%
TPB Turning Point Brands Inc. 0.40% 50,183 $5.4M Reduce -15.8%
PCG P G & E Corp. 0.38% 318,268 $5.1M Reduce -2.0%
CORZ Core Scientific Inc. 0.38% 351,156 $5.1M Add +278.1%
FOLD Amicus Therapeutics Inc. 0.37% 349,414 $5.0M New
CMA Comerica Inc. 0.36% 56,977 $5.0M New
LLY Eli Lilly & Co. 0.36% 4,600 $4.9M Add +38.1%
TSM Taiwan Semiconductor-SP ADR 0.36% 16,182 $4.9M Reduce -26.6%
GPK Graphic Packaging Holding Co. 0.36% 324,997 $4.9M Add +71.9%
CNC Centene Corp. 0.36% 118,717 $4.9M Add +26.6%
PLTR Palantir Technologies Inc. Class A 0.36% 27,326 $4.9M Add +202.7%
PRAX Praxis Precision Medicines I 0.35% 16,038 $4.7M Reduce -42.9%
LINC Lincoln Educational Services 0.34% 193,411 $4.7M Add +3.1%
CVCO Cavco Industries Inc. 0.34% 7,893 $4.7M Reduce -15.8%
BIL SS SPDR BB 1-3M T-Bill ETF 0.33% 48,790 $4.5M Add +41.0%
GOOGL Alphabet Inc. Class A 0.33% 14,174 $4.4M Reduce -23.3%
CPRI Capri Holdings Ltd. 0.32% 176,385 $4.3M Add +67.6%
COMP Compass Inc. Class A 0.32% 404,718 $4.3M Reduce -18.6%
DQ Daqo New Energy Corp.-ADR 0.32% 144,945 $4.3M Add +8.2%
BBW Build-A-Bear Workshop Inc. 0.31% 68,878 $4.2M New
CADE Cadence Bank 0.31% 97,746 $4.2M New
KLAC KLA Corp. 0.30% 3,386 $4.1M New
JHG Janus Henderson Group PLC 0.30% 86,169 $4.1M New
KD Kyndryl Holdings Inc. 0.30% 151,306 $4.0M Reduce -21.9%
DHT DHT Holdings Inc. 0.29% 327,621 $4.0M Add +3.2%
SNDK Sandisk Corp. 0.29% 16,824 $4.0M Add +93.7%
AXTA Axalta Coating Systems Ltd. 0.29% 121,885 $3.9M New
MSFT Microsoft Corp. 0.29% 8,113 $3.9M Reduce -49.0%
APP AppLovin Corp. Class A 0.29% 5,742 $3.9M Add +15.6%
TGT Target Corp. 0.28% 39,342 $3.8M Add +146.7%
CLH Clean Harbors Inc. 0.28% 16,114 $3.8M Add +23.4%
PRTH Priority Technology Holdings 0.28% 690,661 $3.8M Add +63.4%
META Meta Platforms Inc. Class A 0.27% 5,643 $3.7M Reduce -50.7%
TDS Telephone and Data Systems 0.27% 89,643 $3.7M Add +20.0%
HOUS Anywhere Real Estate Inc. 0.27% 257,357 $3.6M Add +112.2%
DVAX Dynavax Technologies Corp. 0.27% 236,329 $3.6M New
TLT iShares 20+ Year Treasury BD 0.27% 41,400 $3.6M Reduce -47.0%
BGSI Boyd Group Services Inc. 0.26% 22,570 $3.6M New
LUXE Luxexperience BV 0.26% 418,762 $3.5M Add +0.1%
CFLT Confluent Inc. Class A 0.25% 114,320 $3.5M Add +112.9%
ECH iShares MSCI Chile ETF 0.25% 85,000 $3.4M Add +9.9%
GPGI Gpgi Inc. filed as COMPOSECURE INC 0.25% 175,933 $3.4M Add +56.9%
VSXY Victoria's Secret & Co. 0.25% 62,370 $3.4M Reduce -25.1%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.25% 52,456 $3.4M Add +44.0%
FLOT iShares Floating Rate Bond E 0.25% 65,536 $3.3M Add +63.7%
PDFS PDF Solutions Inc. 0.24% 116,450 $3.3M Add +15.2%
NBIS Nebius Group NV 0.24% 39,311 $3.3M Add +10.7%
GEV GE Vernova Inc. 0.24% 5,007 $3.3M Add +57.4%
PENN Penn Entertainment Inc. 0.24% 220,170 $3.2M Reduce -18.5%
TEVA Teva Pharmaceutical-SP ADR 0.23% 101,470 $3.2M Reduce -33.9%
PRA Proassurance Corp. 0.23% 130,845 $3.2M Reduce -24.7%
AES AES Corp. 0.23% 219,110 $3.1M New
KRC Kilroy Realty Corp. 0.23% 83,603 $3.1M New
ALB Albemarle Corp. 0.23% 21,793 $3.1M Reduce -1.2%
HNI Hni Corp. 0.23% 72,984 $3.1M New
LBTYA Liberty Global Ltd. Class A 0.23% 274,321 $3.1M Add +7.6%
NATL NCR Atleos Corp. 0.22% 78,853 $3.0M Reduce -20.6%
CRTO Criteo SA-Spon 0.22% 144,827 $3.0M Add +50.5%
PFE Pfizer Inc. 0.22% 119,142 $3.0M Add +422.0%
BTG B2GOLD Corp. 0.22% 657,500 $3.0M Add +17.4%
GDXJ Vaneck Junior Gold Miners 0.22% 25,757 $2.9M Reduce -30.4%
GLNG Golar LNG Ltd. 0.21% 78,333 $2.9M Reduce -39.0%
CIO City Office REIT Inc. 0.21% 415,998 $2.9M Add +732.0%

Show all 1,248 holdings

Options reported separately and not counted above: SPY calls ($395K), EA calls ($363K), OPEN calls ($327K), IWM puts ($264K), NVDA puts ($241K).

Other holdings (7): bonds, preferreds, convertibles and warrants · $366K (not counted above)
SecurityClassShares / PrincipalValueChange
INFQ.WS Churchill Capital Corp. X *W EXP 05/14/203 21,850$168KReduce -74.3%
WLACW Willow Lane Acquisition - 29 *W EXP 10/31/203 25,500$114KNew
BIVIW Biovie Inc. -30 *W EXP 08/08/203 186,621$48KReduce -36.4%
BACCR Blue Acquisition Corp.-RTS RIGHT 06/11/2030 45,000$15KNo change
AI INFRASTRUCTURE ACQUISITIO RIGHT 99/99/9999 50,000$13KNew
OTGAW Otg Acquisition Corp. I - 30 *W EXP 09/05/203 25,000$8KNew
KPLTW Katapult Holdings Inc. -CW26 *W EXP 06/09/202 28,680$103No change

Total filed on the 13F, all lines: $1.4B.

Portfolio Sells Q3 2025 → Q4 2025

VRNA Verona Pharma Ltd. Sold out 0.00% −1.34
COOP Mr Cooper Group Inc. Sold out 0.00% −1.06
K Kellanova Sold out 0.00% −0.93
IBIT iShares Bitcoin Trust ETF Reduce -76.5% 0.19% −0.92
IPG Interpublic Group of Cos Inc. Sold out 0.00% −0.67
AMZN Amazon.com Inc. Reduce -55.6% 0.51% −0.65
NVDA Nvidia Corp. Reduce -22.4% 1.74% −0.64
JEPQ JPM Nasdaq Equity Premium Sold out 0.00% −0.59
ETSY Etsy Inc. Sold out 0.00% −0.55
SHOP Shopify Inc. Class A Reduce -97.1% 0.02% −0.54
WNS WNS Holdings Ltd. Sold out 0.00% −0.52
LITE Lumentum Holdings Inc. Reduce -95.7% 0.05% −0.46
COHR Coherent Corp. Reduce -93.0% 0.05% −0.41
VBTX Veritex Holdings Inc. Sold out 0.00% −0.39
META Meta Platforms Inc. Class A Reduce -50.7% 0.27% −0.38
U Unity Software Inc. Reduce -34.1% 0.81% −0.38
MSFT Microsoft Corp. Reduce -49.0% 0.29% −0.36
BABA Alibaba Group Holding-SP ADR Reduce -64.0% 0.14% −0.35
RBLX Roblox Corp. Class A Reduce -33.7% 0.20% −0.35
MRUS Merus NV Sold out 0.00% −0.33
STAA Staar Surgical Co. Reduce -94.2% 0.02% −0.31
BMNR Bitmine Immersion Technologi Reduce -33.5% 0.15% −0.31
RDDT Reddit Inc. Class A Reduce -75.6% 0.09% −0.30
HUT Hut 8 Corp. Reduce -85.1% 0.07% −0.29
ALE Allete Inc. Sold out 0.00% −0.29
BIO Bio-Rad Laboratories-A Reduce -79.3% 0.08% −0.29
PHLT Performant Healthcare Inc. Sold out 0.00% −0.29
PYPL PayPal Holdings Inc. Reduce -78.2% 0.06% −0.28
VST Vistra Corp. Reduce -86.5% 0.03% −0.28
ORCL Oracle Corp. Reduce -55.2% 0.12% −0.28
TLT iShares 20+ Year Treasury BD Reduce -47.0% 0.27% −0.28
OMC Omnicom Group Sold out 0.00% −0.27
BSX Boston Scientific Corp. Reduce -83.7% 0.05% −0.27
SPR Spirit Aerosystems Hold Class A Sold out 0.00% −0.27
KSPI JSC Kaspi.kz ADR Sold out 0.00% −0.24
LLYVK Liberty Live Holdings Class C Reduce -81.5% 0.04% −0.24
SCS Steelcase Inc. Class A Sold out 0.00% −0.24
GTLS Chart Industries Inc. Reduce -30.7% 0.45% −0.22
TMV Dir Da 20+YR Tre Be 3X ETF-U Sold out 0.00% −0.22
FYBR Frontier Communications Pare Reduce -18.0% 0.81% −0.22
TLN Talen Energy Corp. Sold out 0.00% −0.21
NXDR Nextdoor Holdings Inc. Reduce -92.2% 0.02% −0.21
EWY iShares MSCI South Korea ETF Sold out 0.00% −0.20
AGNC AGNC Investment Corp. Sold out 0.00% −0.20
GDEN Golden Entertainment Inc. Sold out 0.00% −0.19
AAMI Acadian Asset Management Inc. Sold out 0.00% −0.19
GLNG Golar LNG Ltd. Reduce -39.0% 0.21% −0.19
SPLV Invesco S&P 500 Low Volatili Sold out 0.00% −0.19
CCI Crown Castle Inc. Sold out 0.00% −0.19
IWM iShares Russell 2000 ETF Reduce -82.0% 0.04% −0.19

Portfolio Buys Q3 2025 → Q4 2025

EXAS Exact Sciences Corp. New 0.99% +0.99
NICE Nice Ltd. - Spon ADR New 0.98% +0.98
EA Electronic Arts Inc. Add +153.2% 1.52% +0.89
DAY Dayforce Inc. Add +1867.6% 0.90% +0.85
TER Teradyne Inc. Add +782.0% 0.83% +0.76
NFLX Netflix Inc. Add +438.5% 0.98% +0.73
HUCK Huckleberry AI Inc. Add +4850.8% 0.68% +0.66
HOLX Hologic Inc. Add +3621.1% 0.64% +0.62
RNAM Avidity Biosciences Inc. New 0.59% +0.59
BE Bloom Energy Corp. Class A Add +413.4% 0.72% +0.58
GLD SPDR Gold Shares Add +22.7% 2.49% +0.56
WBD Warner Bros Discovery Inc. Add +167.8% 0.76% +0.55
HOOD Robinhood Markets Inc. Class A Add +501.0% 0.70% +0.54
ATXS Astria Therapeutics Inc. New 0.51% +0.51
CDTX Cidara Therapeutics Inc. New 0.47% +0.47
KVUE Kenvue Inc. New 0.46% +0.46
TSLA Tesla Inc. Add +404.7% 0.58% +0.46
MU Micron Technology Inc. Add +122.7% 0.63% +0.45
BHF Brighthouse Financial Inc. Add +15.2% 1.51% +0.37
FOLD Amicus Therapeutics Inc. New 0.37% +0.37
CMA Comerica Inc. New 0.36% +0.36
BBW Build-A-Bear Workshop Inc. New 0.31% +0.31
CADE Cadence Bank New 0.31% +0.31
KLAC KLA Corp. New 0.30% +0.30
JHG Janus Henderson Group PLC New 0.30% +0.30
AXTA Axalta Coating Systems Ltd. New 0.29% +0.29
GOOG Alphabet Inc. Class C Add +3.7% 1.39% +0.28
STX Seagate Technology Holdings Add +73.2% 0.58% +0.28
DVAX Dynavax Technologies Corp. New 0.27% +0.27
BGSI Boyd Group Services Inc. New 0.26% +0.26
CORZ Core Scientific Inc. Add +278.1% 0.38% +0.25
AES AES Corp. New 0.23% +0.23
KRC Kilroy Realty Corp. New 0.23% +0.23
PLTR Palantir Technologies Inc. Class A Add +202.7% 0.36% +0.23
HNI Hni Corp. New 0.23% +0.23
SNDK Sandisk Corp. Add +93.7% 0.29% +0.22
WDC Western Digital Corp. Add +26.1% 0.52% +0.21
UPS United Parcel Service Class B New 0.21% +0.21
GIFI Gulf Island Fabrication Inc. New 0.21% +0.21
MCHP Microchip Technology Inc. New 0.20% +0.20
LENZ Lenz Therapeutics Inc. New 0.20% +0.20
LW Lamb Weston Holdings Inc. New 0.20% +0.20
CIEN Ciena Corp. Add +17.2% 0.45% +0.19
CIO City Office REIT Inc. Add +732.0% 0.21% +0.19
CRWV Coreweave Inc. Class A New 0.18% +0.18
BLZE Backblaze Inc. Class A New 0.18% +0.18
PFE Pfizer Inc. Add +422.0% 0.22% +0.17
CFLT Confluent Inc. Class A Add +112.9% 0.25% +0.17
TGT Target Corp. Add +146.7% 0.28% +0.17
HOUS Anywhere Real Estate Inc. Add +112.2% 0.27% +0.17

Options Activity Q3 2025 → Q4 2025

IBIT iShares Bitcoin Trust ETF call Sold out 2,650 $837Kbefore exit
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 1,162 $485Kbefore exit
SPY SS SPDR S&P 500 ETF Trust-US call Reduce -20.0% 676 $395K
OKLO Oklo Inc. put Sold out 218 $378Kbefore exit
EA Electronic Arts Inc. call New 390 $363K
OPEN Opendoor Technologies Inc. call Reduce -39.4% 2,820 $327K
IWM iShares Russell 2000 ETF put New 2,023 $264K
TIDAL TRUST II put Sold out 1,600 $248Kbefore exit
NVDA Nvidia Corp. put New 164 $241K
SCHL Scholastic Corp. call Sold out 795 $225Kbefore exit
TSLA Tesla Inc. call Sold out 120 $210Kbefore exit
WULF Terawulf Inc. call Sold out 2,300 $207Kbefore exit
CORZ Core Scientific Inc. call Sold out 1,125 $201Kbefore 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

INFQ.WS Churchill Capital Corp. X *W EXP 05/14/203 Reduce -74.3% 21,850 $168K
WLACW Willow Lane Acquisition - 29 *W EXP 10/31/203 New 25,500 $114K
BIVIW Biovie Inc. -30 *W EXP 08/08/203 Reduce -36.4% 186,621 $48K
AI INFRASTRUCTURE ACQUISITIO RIGHT 99/99/9999 New 50,000 $13K
OTGAW Otg Acquisition Corp. I - 30 *W EXP 09/05/203 New 25,000 $8K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,162$1.4BWBD, GTLS, BHF, GLD, NSC
Q1 2026 1,157$1.3BGLD, BHF, NVDA, PEN, MU
Q4 2025 1,248$1.4BGLD, NVDA, EA, BHF, GOOG
Q3 2025 1,105$1.3BNVDA, GLD, VRNA, U, AMZN
Q2 2025 967$1.0BMETA, GLD, NVDA, BHF, TSLA
Q1 2025 1,049$991.1MGLD, BHF, K, HES, GOOGL
Q4 2024 1,042$1.2BGLD, NVDA, AMZN, SMAR, TSLA
Q3 2024Amended 1,133$1.3BGLD, BHF, BIDU, HES, CONSOL ENERGY INC
Q2 2024 1,085$1.2BBHF, GLD, HES, WDC, HLIT
Q1 2024 1,165$1.5BNVDA, BHF, BIO, GLD, BIDU