Quadrature Capital Ltd
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Quadrature Capital Ltd reported 925 stock positions worth $4.4 billion. Its top holding was Toronto-Dominion Bank (TD) at 3.5% of the portfolio, followed by Microsoft (MSFT, 2.9%) and Shopify Class A (SHOP, 2.8%). Compared with Q2 2024, it opened 397 new positions, sold out of 560, added to 125 and reduced 402. The biggest buy was a new position in Microsoft (MSFT) and the biggest sale an exit from Broadcom (AVGO).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001651424
- Portfolio Value
- $4.4B (Q3 2024)
- SEC Filing
- 0001651424-24-000005 ↗ filed Nov 14, 2024
Holdings Value
Holdings 925 stocks · $4.4B
| TD Toronto-Dominion Bank | 3.54% | 2,467,300 | $156.2M | Add +175.5% |
| MSFT Microsoft Corp. | 2.95% | 302,281 | $130.1M | New |
| SHOP Shopify Inc. Class A | 2.83% | 1,558,400 | $125.0M | Add +5.7% |
| META Meta Platforms Inc. Class A | 2.79% | 215,090 | $123.1M | Add +5.5% |
| CNI Canadian Natl Railway Co. | 2.61% | 982,500 | $115.2M | Reduce -49.2% |
| RACE Ferrari NV | 2.46% | 231,279 | $108.4M | Add +83.7% |
| AAPL Apple Inc. | 2.43% | 459,912 | $107.2M | Reduce -58.1% |
| QQQ Invesco QQQ Trust Series 1 | 2.27% | 204,839 | $100.0M | Add +112.7% |
| IAU iShares Gold Trust | 2.17% | 1,927,978 | $95.8M | New |
| SLV iShares Silver Trust | 2.07% | 3,207,405 | $91.1M | New |
| TLT iShares 20+ Year Treasury BD | 2.04% | 915,002 | $89.8M | New |
| IWM iShares Russell 2000 ETF | 1.98% | 395,253 | $87.3M | Add +158.5% |
| GLDM SPDR Gold Minishares Trust | 1.92% | 1,624,903 | $84.7M | New |
| LLY Eli Lilly & Co. | 1.88% | 93,631 | $82.9M | New |
| GDX Vaneck Gold Miners ETF | 1.73% | 1,910,941 | $76.1M | New |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.68% | 174,715 | $73.9M | New |
| SPOT Spotify Technology SA | 1.66% | 199,277 | $73.4M | Reduce -8.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.41% | 108,560 | $62.3M | New |
| GOOG Alphabet Inc. Class C | 1.26% | 332,892 | $55.7M | Reduce -35.2% |
| GDXJ Vaneck Junior Gold Miners | 1.21% | 1,094,757 | $53.5M | New |
| CNQ Canadian Natural Resources | 1.13% | 1,499,800 | $49.8M | Reduce -2.2% |
| WCN Waste Connections Inc. | 1.09% | 268,700 | $48.1M | Add +139.9% |
| STLA Stellantis NV | 1.08% | 3,445,648 | $47.8M | Add +30.4% |
| MELI MercadoLibre Inc. | 1.02% | 21,956 | $45.0M | Reduce -34.5% |
| NFLX Netflix Inc. | 0.98% | 61,024 | $43.3M | Reduce -36.4% |
| FNV Franco-Nevada Corp. | 0.94% | 333,203 | $41.4M | Reduce -39.5% |
| SGOL Abrdn Physical Gold Shares | 0.81% | 1,421,303 | $35.7M | New |
| MCK McKesson Corp. | 0.81% | 72,001 | $35.6M | Add +518.5% |
| MRK Merck & Co. Inc. | 0.74% | 285,734 | $32.4M | Reduce -6.4% |
| NOW ServiceNow Inc. | 0.70% | 34,671 | $31.0M | Reduce -33.2% |
| SPXL Direxion Daily S&P 500 Bull | 0.67% | 179,676 | $29.5M | New |
| SMCI Super Micro Computer Inc. | 0.64% | 68,017 | $28.3M | New |
| NKE Nike Inc. Class B | 0.64% | 320,375 | $28.3M | New |
| ORCL Oracle Corp. | 0.63% | 162,071 | $27.6M | Add +172.3% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.60% | 486,900 | $26.6M | New |
| WPM Wheaton Precious Metals Corp. | 0.58% | 419,200 | $25.6M | Reduce -22.9% |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | 0.58% | 574,982 | $25.5M | New |
| HUM Humana Inc. | 0.57% | 80,051 | $25.3M | New |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | 0.57% | 431,924 | $24.9M | New |
| AMZN Amazon.com Inc. | 0.55% | 131,279 | $24.5M | Reduce -83.4% |
| BA The Boeing Co. | 0.55% | 160,017 | $24.3M | New |
| CEG Constellation Energy | 0.54% | 92,012 | $23.9M | Reduce -61.2% |
| INDA iShares MSCI India ETF | 0.53% | 398,888 | $23.3M | New |
| CVE Cenovus Energy Inc. | 0.53% | 1,388,500 | $23.2M | Reduce -28.7% |
| COST Costco Wholesale Corp. | 0.51% | 25,208 | $22.3M | Reduce -81.1% |
| F Ford Motor Co. filed as FORD MTR CO | 0.49% | 2,040,898 | $21.5M | Reduce -48.5% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.47% | 718,874 | $20.9M | Add +2212.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.47% | 248,558 | $20.7M | Add +464.3% |
| B Barrick Gold Corp. | 0.46% | 1,024,595 | $20.4M | New |
| AFRM Affirm Holdings Inc. | 0.45% | 485,431 | $19.8M | Add +214.4% |
| COIN Coinbase Global Inc. Class A | 0.44% | 107,798 | $19.2M | Reduce -76.4% |
| DASH DoorDash Inc. Class A | 0.43% | 134,339 | $19.2M | Reduce -53.3% |
| XLF SS Financial Select Sector | 0.40% | 388,520 | $17.6M | New |
| BKNG Booking Holdings Inc. | 0.38% | 4,017 | $16.9M | New |
| V Visa Inc. Class A | 0.38% | 61,078 | $16.8M | New |
| ETN Eaton Corp. PLC | 0.38% | 49,917 | $16.5M | Reduce -52.4% |
| CMG Chipotle Mexican Grill Inc. | 0.36% | 279,002 | $16.1M | New |
| WMT Walmart Inc. | 0.36% | 198,821 | $16.1M | Reduce -40.0% |
| SOFI Sofi Technologies Inc. | 0.36% | 2,036,104 | $16.0M | New |
| UPRO Proshares Ultrapro S&P 500 | 0.35% | 180,380 | $15.6M | New |
| C Citigroup Inc. | 0.34% | 241,515 | $15.1M | Add +23.9% |
| DG Dollar General Corp. | 0.34% | 177,331 | $15.0M | Add +80.0% |
| CVS CVS Health Corp. | 0.34% | 237,347 | $14.9M | Add +33.2% |
| NIO Nio Inc. - ADR | 0.33% | 2,209,020 | $14.8M | Add +32.3% |
| PGR Progressive Corp. | 0.33% | 57,407 | $14.6M | Reduce -41.1% |
| KRE SS SPDR S&P Regional Bank | 0.32% | 246,336 | $13.9M | New |
| VST Vistra Corp. | 0.32% | 117,536 | $13.9M | Add +11.3% |
| VZ Verizon Communications Inc. | 0.32% | 309,308 | $13.9M | New |
| CHWY Chewy Inc. Class A | 0.31% | 467,380 | $13.7M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.30% | 143,287 | $13.2M | New |
| UNH Unitedhealth Group Inc. | 0.29% | 22,210 | $13.0M | Reduce -63.9% |
| XYZ Block Inc. | 0.29% | 192,068 | $12.9M | Reduce -75.2% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.29% | 127,689 | $12.7M | Add +311.0% |
| DECK Deckers Outdoor Corp. | 0.27% | 74,218 | $11.8M | Reduce -77.5% |
| ELV Elevance Health Inc. | 0.27% | 22,614 | $11.8M | Add +56.7% |
| CAT Caterpillar Inc. | 0.27% | 30,067 | $11.8M | Reduce -70.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 99,590 | $11.7M | New |
| NOC Northrop Grumman Corp. | 0.26% | 21,685 | $11.4M | Reduce -69.2% |
| PFE Pfizer Inc. | 0.26% | 394,956 | $11.4M | Reduce -36.0% |
| IAUM iShares Gold Trust Micro | 0.26% | 435,344 | $11.4M | New |
| SIVR Abrdn Physical Silver Shares | 0.26% | 383,250 | $11.4M | New |
| PSX Phillips 66 | 0.25% | 85,317 | $11.2M | New |
| BABA Alibaba Group Holding-SP ADR | 0.25% | 104,040 | $11.0M | New |
| CHTR Charter Communications Inc. Class A | 0.25% | 33,871 | $11.0M | New |
| T AT&T Inc. | 0.25% | 496,493 | $10.9M | Add +1561.8% |
| EW Edwards Lifesciences Corp. | 0.24% | 163,220 | $10.8M | New |
| CRM Salesforce Inc. | 0.24% | 39,154 | $10.7M | Reduce -84.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 265,192 | $10.5M | New |
| EFX Equifax Inc. | 0.24% | 35,819 | $10.5M | New |
| QCOM Qualcomm Inc. | 0.24% | 61,613 | $10.5M | Reduce -70.1% |
| GM General Motors Co. | 0.24% | 232,856 | $10.4M | Reduce -30.6% |
| FTNT Fortinet Inc. | 0.23% | 133,366 | $10.3M | New |
| GE General Electric filed as GE AEROSPACE | 0.23% | 54,391 | $10.3M | Add +510.0% |
| EWW iShares MSCI Mexico ETF | 0.23% | 186,346 | $10.0M | New |
| SE Sea Ltd.-ADR | 0.22% | 100,776 | $9.5M | Add +42.1% |
| LABU DRXN DLY S&P BT BL 3X ETF-Ui | 0.21% | 72,117 | $9.3M | New |
| IWN iShares Russell 2000 Value E | 0.21% | 55,133 | $9.2M | New |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.20% | 8,541 | $8.9M | Add +108.0% |
| ALL Allstate Corp. | 0.20% | 46,498 | $8.8M | Reduce -27.4% |
| PYPL PayPal Holdings Inc. | 0.20% | 111,953 | $8.7M | Reduce -73.4% |
Portfolio Sells Q2 2024 → Q3 2024
| AVGO Broadcom Inc. | Sold out | 0.00% | −2.72 |
| AMZN Amazon.com Inc. | Reduce -83.4% | 0.55% | −2.02 |
| ARM Arm Holdings PLC-ADR | Reduce -96.7% | 0.07% | −1.69 |
| ADBE Adobe Inc. | Sold out | 0.00% | −1.52 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −1.49 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −1.47 |
| AAPL Apple Inc. | Reduce -58.1% | 2.43% | −1.44 |
| COST Costco Wholesale Corp. | Reduce -81.1% | 0.51% | −1.39 |
| COIN Coinbase Global Inc. Class A | Reduce -76.4% | 0.44% | −1.27 |
| CNI Canadian Natl Railway Co. | Reduce -49.2% | 2.61% | −1.21 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −1.20 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −1.18 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −1.13 |
| GS Goldman Sachs Group Inc. | Reduce -97.8% | 0.04% | −1.11 |
| FSLR First Solar Inc. | Reduce -96.4% | 0.06% | −0.97 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.87 |
| CRM Salesforce Inc. | Reduce -84.0% | 0.24% | −0.82 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.72 |
| DECK Deckers Outdoor Corp. | Reduce -77.5% | 0.27% | −0.62 |
| UBER Uber Technologies Inc. | Reduce -96.0% | 0.04% | −0.62 |
| USFR Wisdomtree Floating Rate Tre | Reduce -96.2% | 0.03% | −0.60 |
| TMO Thermo Fisher Scientific Inc. | Reduce -87.8% | 0.13% | −0.59 |
| SOXX iShares Semiconductor ETF | Sold out | 0.00% | −0.58 |
| AZO AutoZone Inc. | Reduce -88.7% | 0.11% | −0.58 |
| AXP American Express Co. | Sold out | 0.00% | −0.55 |
| XYZ Block Inc. | Reduce -75.2% | 0.29% | −0.55 |
| MTD Mettler-Toledo International | Reduce -90.1% | 0.09% | −0.54 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.51 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.46 |
| QCOM Qualcomm Inc. | Reduce -70.1% | 0.24% | −0.45 |
| PBA Pembina Pipeline Corp. | Sold out | 0.00% | −0.44 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −0.44 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.43 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.42 |
| MS Morgan Stanley | Sold out | 0.00% | −0.38 |
| FSV Firstservice Corp. | Reduce -85.5% | 0.11% | −0.36 |
| ACN Accenture PLC Class A | Reduce -82.4% | 0.13% | −0.35 |
| F Ford Motor Co. | Reduce -48.5% | 0.49% | −0.34 |
| PINS Pinterest Inc. Class A | Reduce -89.3% | 0.04% | −0.32 |
| GOOG Alphabet Inc. Class C | Reduce -35.2% | 1.26% | −0.32 |
| MPC Marathon Petroleum Corp. | Reduce -88.2% | 0.06% | −0.32 |
| MA Mastercard Inc. Class A | Reduce -88.7% | 0.06% | −0.30 |
| PH Parker Hannifin Corp. | Reduce -96.1% | 0.02% | −0.30 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -79.8% | 0.12% | −0.30 |
| CAT Caterpillar Inc. | Reduce -70.0% | 0.27% | −0.29 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.28 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.27 |
| TTD Trade Desk Inc./the Class A | Reduce -92.3% | 0.04% | −0.27 |
| FCX Freeport-McMoran Inc. | Reduce -74.3% | 0.15% | −0.26 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −0.26 |
Portfolio Buys Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | New | 2.95% | +2.95 |
| TD Toronto-Dominion Bank | Add +175.5% | 3.54% | +2.72 |
| IAU iShares Gold Trust | New | 2.17% | +2.17 |
| SLV iShares Silver Trust | New | 2.07% | +2.07 |
| TLT iShares 20+ Year Treasury BD | New | 2.04% | +2.04 |
| GLDM SPDR Gold Minishares Trust | New | 1.92% | +1.92 |
| LLY Eli Lilly & Co. | New | 1.88% | +1.88 |
| GDX Vaneck Gold Miners ETF | New | 1.73% | +1.73 |
| DIA SS SPDR Dow Jones Indus Avg | New | 1.68% | +1.68 |
| RACE Ferrari NV | Add +83.7% | 2.46% | +1.60 |
| QQQ Invesco QQQ Trust Series 1 | Add +112.7% | 2.27% | +1.49 |
| IWM iShares Russell 2000 ETF | Add +158.5% | 1.98% | +1.46 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 1.41% | +1.41 |
| GDXJ Vaneck Junior Gold Miners | New | 1.21% | +1.21 |
| SHOP Shopify Inc. Class A | Add +5.7% | 2.83% | +1.20 |
| META Meta Platforms Inc. Class A | Add +5.5% | 2.79% | +1.07 |
| SGOL Abrdn Physical Gold Shares | New | 0.81% | +0.81 |
| WCN Waste Connections Inc. | Add +139.9% | 1.09% | +0.76 |
| MCK McKesson Corp. | Add +518.5% | 0.81% | +0.69 |
| SPXL Direxion Daily S&P 500 Bull | New | 0.67% | +0.67 |
| SMCI Super Micro Computer Inc. | New | 0.64% | +0.64 |
| NKE Nike Inc. Class B | New | 0.64% | +0.64 |
| BNS Bank of Nova Scotia | New | 0.60% | +0.60 |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | New | 0.58% | +0.58 |
| HUM Humana Inc. | New | 0.57% | +0.57 |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | New | 0.57% | +0.57 |
| BA The Boeing Co. | New | 0.55% | +0.55 |
| INDA iShares MSCI India ETF | New | 0.53% | +0.53 |
| ORCL Oracle Corp. | Add +172.3% | 0.63% | +0.49 |
| B Barrick Gold Corp. | New | 0.46% | +0.46 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +2212.8% | 0.47% | +0.46 |
| SHY iShares 1-3 Year Treasury Bo | Add +464.3% | 0.47% | +0.41 |
| XLF SS Financial Select Sector | New | 0.40% | +0.40 |
| BKNG Booking Holdings Inc. | New | 0.38% | +0.38 |
| V Visa Inc. Class A | New | 0.38% | +0.38 |
| AFRM Affirm Holdings Inc. | Add +214.4% | 0.45% | +0.37 |
| CMG Chipotle Mexican Grill Inc. | New | 0.36% | +0.36 |
| SOFI Sofi Technologies Inc. | New | 0.36% | +0.36 |
| UPRO Proshares Ultrapro S&P 500 | New | 0.35% | +0.35 |
| KRE SS SPDR S&P Regional Bank | New | 0.32% | +0.32 |
| VZ Verizon Communications Inc. | New | 0.32% | +0.32 |
| CHWY Chewy Inc. Class A | New | 0.31% | +0.31 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.30% | +0.30 |
| TJX TJX Companies Inc. | New | 0.27% | +0.27 |
| IAUM iShares Gold Trust Micro | New | 0.26% | +0.26 |
| SIVR Abrdn Physical Silver Shares | New | 0.26% | +0.26 |
| PSX Phillips 66 | New | 0.25% | +0.25 |
| BABA Alibaba Group Holding-SP ADR | New | 0.25% | +0.25 |
| CHTR Charter Communications Inc. Class A | New | 0.25% | +0.25 |
| EW Edwards Lifesciences Corp. | New | 0.24% | +0.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,542 | $11.7B | AMD, INTC, ASML, STX, AMZN |
| Q1 2026 | 1,313 | $8.4B | ASML, UNH, GLD, SAP, MU |
| Q4 2025 | 1,217 | $9.8B | AMD, UNH, MU, LLY, CNI |
| Q3 2025 | 993 | $8.5B | PLTR, NVDA, NFLX, HOOD, RY |
| Q2 2025 | 999 | $5.8B | NVDA, AAPL, UNH, MSFT, NFLX |
| Q1 2025 | 1,032 | $4.5B | CNI, AVGO, META, CNQ, XLB |
| Q4 2024 | 984 | $5.0B | META, NVDA, TSLA, RACE, GOOG |
| Q3 2024 | 925 | $4.4B | TD, MSFT, SHOP, META, CNI |
| Q2 2024 | 1,088 | $6.0B | AAPL, CNI, AVGO, AMZN, COST |
| Q1 2024 | 1,172 | $5.9B | TSLA, AMD, ADBE, MSFT, AZO |