Quantitative Investment Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Quantitative Investment Management, LLC reported 296 stock positions worth $745.8 million. Its top holding was SS Financial Select Sector (XLF) at 7.9% of the portfolio, followed by Unitedhealth (UNH, 7.2%) and Strategy (MSTR, 5.0%). Compared with Q1 2025, it opened 186 new positions, sold out of 206, added to 35 and reduced 75. The biggest buy was a new position in Strategy (MSTR) and the biggest sale SS Energy Select Sector (XLE, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTESVILLE, VA
- CIK
- 0001445911
- Portfolio Value
- $745.8M (Q2 2025)
- SEC Filing
- 0001445911-25-000021 ↗ filed Aug 14, 2025
Holdings Value
Holdings 296 stocks · $745.8M
| XLF SS Financial Select Sector | 7.85% | 1,118,040 | $58.6M | Add +3.9% |
| UNH Unitedhealth Group Inc. | 7.18% | 171,579 | $53.5M | Add +183.4% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 5.04% | 92,997 | $37.6M | New |
| IBIT iShares Bitcoin Trust ETF | 3.36% | 408,943 | $25.0M | New |
| CVNA Carvana Co. | 2.92% | 64,575 | $21.8M | New |
| COIN Coinbase Global Inc. Class A | 2.67% | 56,790 | $19.9M | New |
| LLY Eli Lilly & Co. | 2.53% | 24,236 | $18.9M | New |
| XLV SS Health Care Select Sector | 2.14% | 118,677 | $16.0M | New |
| NFLX Netflix Inc. | 2.04% | 11,383 | $15.2M | Add +100.3% |
| BKNG Booking Holdings Inc. | 2.04% | 2,630 | $15.2M | Add +235.5% |
| XLI SS Industrial Select Sector | 1.70% | 85,779 | $12.7M | New |
| INTC Intel Corp. | 1.68% | 560,711 | $12.6M | Reduce -17.9% |
| AMZN Amazon.com Inc. | 1.25% | 42,500 | $9.3M | New |
| CVS CVS Health Corp. | 1.22% | 132,185 | $9.1M | New |
| BDX Becton Dickinson and Co. | 1.17% | 50,861 | $8.8M | New |
| SMCI Super Micro Computer Inc. | 1.09% | 165,178 | $8.1M | New |
| WMT Walmart Inc. | 1.04% | 79,708 | $7.8M | Reduce -66.7% |
| KRE SS SPDR S&P Regional Bank | 1.01% | 127,400 | $7.6M | New |
| PANW Palo Alto Networks Inc. | 0.97% | 35,478 | $7.3M | New |
| GLD SPDR Gold Shares | 0.97% | 23,788 | $7.3M | New |
| ZS Zscaler Inc. | 0.97% | 22,991 | $7.2M | Add +307.0% |
| JPM JPMorgan Chase & Co. | 0.96% | 24,775 | $7.2M | Add +161.6% |
| SLV iShares Silver Trust | 0.92% | 208,453 | $6.8M | Reduce -40.6% |
| UBER Uber Technologies Inc. | 0.89% | 71,355 | $6.7M | New |
| TMUS T-Mobile US Inc. | 0.89% | 27,934 | $6.7M | New |
| KR Kroger Co. | 0.78% | 81,346 | $5.8M | New |
| CVX Chevron Corp. | 0.74% | 38,481 | $5.5M | Reduce -36.6% |
| DKNG Draftkings Inc. Class A | 0.72% | 125,923 | $5.4M | New |
| XOM Exxon Mobil Corp. | 0.65% | 44,898 | $4.8M | Reduce -18.2% |
| CLX Clorox Company | 0.65% | 40,191 | $4.8M | Add +69.3% |
| NOW ServiceNow Inc. | 0.65% | 4,689 | $4.8M | Reduce -57.3% |
| WFC Wells Fargo & Co. | 0.65% | 60,164 | $4.8M | Add +143.7% |
| SNOW Snowflake Inc. | 0.65% | 21,503 | $4.8M | Add +844.4% |
| AAPL Apple Inc. | 0.60% | 21,948 | $4.5M | New |
| XLE SS Energy Select Sector | 0.59% | 51,955 | $4.4M | Reduce -95.4% |
| CTAS Cintas Corp. | 0.58% | 19,391 | $4.3M | Add +33.2% |
| ISRG Intuitive Surgical Inc. | 0.56% | 7,694 | $4.2M | Add +37.5% |
| ELV Elevance Health Inc. | 0.54% | 10,340 | $4.0M | New |
| AXON Axon Enterprise Inc. | 0.53% | 4,747 | $3.9M | Reduce -2.7% |
| TT Trane Technologies PLC | 0.52% | 8,896 | $3.9M | New |
| ED Consolidated Edison Inc. | 0.49% | 36,439 | $3.7M | New |
| CPNG Coupang Inc. | 0.48% | 119,673 | $3.6M | New |
| HSY The Hershey Co. | 0.48% | 21,608 | $3.6M | New |
| DG Dollar General Corp. | 0.48% | 30,996 | $3.5M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.47% | 43,325 | $3.5M | Reduce -84.3% |
| IGV iShares Expanded Tech-Softwa | 0.47% | 32,262 | $3.5M | Reduce -59.3% |
| NKE Nike Inc. Class B | 0.47% | 48,905 | $3.5M | New |
| EIX Edison International | 0.47% | 67,246 | $3.5M | New |
| ENPH Enphase Energy Inc. | 0.46% | 87,060 | $3.5M | Add +483.0% |
| EXC Exelon Corp. | 0.45% | 76,498 | $3.3M | New |
| SCHW Schwab (charles) Corp. | 0.43% | 35,007 | $3.2M | Add +153.2% |
| PSX Phillips 66 | 0.42% | 26,158 | $3.1M | New |
| MELI MercadoLibre Inc. | 0.41% | 1,174 | $3.1M | New |
| RBLX Roblox Corp. Class A | 0.40% | 28,616 | $3.0M | New |
| RMD Resmed Inc. | 0.40% | 11,564 | $3.0M | New |
| BMY Bristol-Myers Squibb Co. | 0.39% | 63,398 | $2.9M | New |
| SE Sea Ltd.-ADR | 0.39% | 18,188 | $2.9M | New |
| DUOL Duolingo | 0.38% | 6,989 | $2.9M | Add +619.8% |
| ROK Rockwell Automation Inc. | 0.38% | 8,486 | $2.8M | New |
| MNDY Monday.com Ltd. | 0.38% | 8,901 | $2.8M | New |
| DASH DoorDash Inc. Class A | 0.36% | 11,003 | $2.7M | Reduce -44.2% |
| HUM Humana Inc. | 0.36% | 11,013 | $2.7M | Reduce -80.4% |
| SYK Stryker Corp. | 0.36% | 6,764 | $2.7M | New |
| LYV Live Nation Entertainment Inc. | 0.35% | 17,257 | $2.6M | Add +886.7% |
| PINS Pinterest Inc. Class A | 0.34% | 70,966 | $2.5M | New |
| CTVA Corteva Inc. | 0.34% | 33,618 | $2.5M | New |
| ORLY O'reilly Automotive Inc. | 0.33% | 27,489 | $2.5M | New |
| BSX Boston Scientific Corp. | 0.33% | 23,050 | $2.5M | Reduce -17.2% |
| TOST Toast Inc. Class A | 0.33% | 55,639 | $2.5M | New |
| HLT Hilton Worldwide Holdings Inc. | 0.31% | 8,686 | $2.3M | Add +46.1% |
| VEEV Veeva Systems Inc. Class A | 0.31% | 7,974 | $2.3M | New |
| KHC The Kraft Heinz Co. | 0.30% | 85,866 | $2.2M | New |
| SGI Somnigroup International Inc. | 0.29% | 32,338 | $2.2M | New |
| NTRA Natera Inc. | 0.28% | 12,510 | $2.1M | Add +206.6% |
| PH Parker Hannifin Corp. | 0.28% | 2,968 | $2.1M | Add +89.5% |
| PFE Pfizer Inc. | 0.28% | 85,183 | $2.1M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 16,461 | $2.0M | Reduce -1.5% |
| ULTA Ulta Beauty Inc. | 0.27% | 4,332 | $2.0M | New |
| ECL Ecolab Inc. | 0.27% | 7,460 | $2.0M | New |
| CAG Conagra Brands Inc. | 0.27% | 97,428 | $2.0M | New |
| WAB Wabtec Corp. | 0.27% | 9,462 | $2.0M | Add +37.7% |
| WMB Williams Cos Inc. | 0.26% | 31,447 | $2.0M | Add +40.8% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.26% | 71,669 | $2.0M | New |
| CHWY Chewy Inc. Class A | 0.26% | 45,940 | $2.0M | New |
| EWC iShares MSCI Canada ETF | 0.26% | 41,959 | $1.9M | New |
| ASTS Ast Spacemobile Inc. | 0.26% | 41,143 | $1.9M | New |
| EA Electronic Arts Inc. | 0.26% | 11,916 | $1.9M | New |
| CNP Centerpoint Energy Inc. | 0.25% | 50,613 | $1.9M | New |
| RCL Royal Caribbean Cruises Ltd. | 0.25% | 5,892 | $1.8M | Reduce -54.5% |
| APTV Aptiv PLC | 0.24% | 26,701 | $1.8M | New |
| INTU Intuit Inc. | 0.24% | 2,287 | $1.8M | Add +11.6% |
| ADSK Autodesk Inc. | 0.24% | 5,813 | $1.8M | Add +88.7% |
| UNP Union Pacific Corp. | 0.23% | 7,613 | $1.8M | New |
| LI Li Auto Inc. - ADR | 0.23% | 63,974 | $1.7M | New |
| XLC SS Comm Select Sector SPDR | 0.23% | 15,657 | $1.7M | Reduce -75.6% |
| AER Aercap Holdings NV | 0.22% | 14,275 | $1.7M | Add +93.7% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 33,597 | $1.7M | New |
| CHD Church & Dwight Co. Inc. | 0.22% | 17,071 | $1.6M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 34,351 | $1.6M | Reduce -30.5% |
| GLW Corning Inc. | 0.22% | 30,783 | $1.6M | New |
Portfolio Sells Q1 2025 → Q2 2025
| XLE SS Energy Select Sector | Reduce -95.4% | 0.59% | −9.18 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −3.98 |
| XLY SS Consumer Disc Select Sect | Reduce -99.2% | 0.05% | −3.85 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −2.44 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −1.61 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -84.3% | 0.47% | −1.52 |
| BA The Boeing Co. | Reduce -93.8% | 0.18% | −1.48 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −1.32 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −1.17 |
| MRK Merck & Co. Inc. | Reduce -92.0% | 0.13% | −1.17 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -95.2% | 0.08% | −1.15 |
| STZ Constellation Brands Inc. Class A | Reduce -95.0% | 0.07% | −1.03 |
| HUM Humana Inc. | Reduce -80.4% | 0.36% | −1.01 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.99 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.96 |
| WMT Walmart Inc. | Reduce -66.7% | 1.04% | −0.89 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.87 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.84 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −0.76 |
| HON Honeywell International Inc. | Reduce -95.3% | 0.06% | −0.75 |
| GDXJ Vaneck Junior Gold Miners | Sold out | 0.00% | −0.75 |
| UPS United Parcel Service Class B | Reduce -96.0% | 0.04% | −0.70 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.67 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.65 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.63 |
| APP AppLovin Corp. Class A | Reduce -95.3% | 0.06% | −0.63 |
| TGT Target Corp. | Sold out | 0.00% | −0.62 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.62 |
| LUV Southwest Airlines Co. | Reduce -87.9% | 0.12% | −0.61 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.58 |
| MRSH Marsh & McLennan Cos | Reduce -93.1% | 0.05% | −0.55 |
| AAL American Airlines Group Inc. | Sold out | 0.00% | −0.53 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.53 |
| IONQ Ionq Inc. | Sold out | 0.00% | −0.52 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.52 |
| COR Cencora Inc. | Reduce -82.0% | 0.19% | −0.49 |
| COP Conocophillips | Sold out | 0.00% | −0.46 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.44 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.43 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.42 |
| JETS US Global Jets ETF | Sold out | 0.00% | −0.41 |
| TSN Tyson Foods Inc. Class A | Sold out | 0.00% | −0.41 |
| ICLR Icon PLC | Sold out | 0.00% | −0.40 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.40 |
| ITA iShares U.S. Aerospace & Def | Sold out | 0.00% | −0.39 |
| WST West Pharmaceutical Services | Sold out | 0.00% | −0.38 |
| ON On Semiconductor | Sold out | 0.00% | −0.38 |
| LIN Linde PLC | Reduce -88.4% | 0.08% | −0.38 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.36 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.35 |
Portfolio Buys Q1 2025 → Q2 2025
| MSTR Strategy Inc. | New | 5.04% | +5.04 |
| UNH Unitedhealth Group Inc. | Add +183.4% | 7.18% | +4.26 |
| IBIT iShares Bitcoin Trust ETF | New | 3.36% | +3.36 |
| XLF SS Financial Select Sector | Add +3.9% | 7.85% | +2.92 |
| CVNA Carvana Co. | New | 2.92% | +2.92 |
| COIN Coinbase Global Inc. Class A | New | 2.67% | +2.67 |
| LLY Eli Lilly & Co. | New | 2.53% | +2.53 |
| XLV SS Health Care Select Sector | New | 2.14% | +2.14 |
| BKNG Booking Holdings Inc. | Add +235.5% | 2.04% | +1.71 |
| XLI SS Industrial Select Sector | New | 1.70% | +1.70 |
| NFLX Netflix Inc. | Add +100.3% | 2.04% | +1.56 |
| AMZN Amazon.com Inc. | New | 1.25% | +1.25 |
| CVS CVS Health Corp. | New | 1.22% | +1.22 |
| BDX Becton Dickinson and Co. | New | 1.17% | +1.17 |
| SMCI Super Micro Computer Inc. | New | 1.09% | +1.09 |
| KRE SS SPDR S&P Regional Bank | New | 1.01% | +1.01 |
| PANW Palo Alto Networks Inc. | New | 0.97% | +0.97 |
| GLD SPDR Gold Shares | New | 0.97% | +0.97 |
| UBER Uber Technologies Inc. | New | 0.89% | +0.89 |
| TMUS T-Mobile US Inc. | New | 0.89% | +0.89 |
| ZS Zscaler Inc. | Add +307.0% | 0.97% | +0.86 |
| KR Kroger Co. | New | 0.78% | +0.78 |
| JPM JPMorgan Chase & Co. | Add +161.6% | 0.96% | +0.75 |
| DKNG Draftkings Inc. Class A | New | 0.72% | +0.72 |
| SNOW Snowflake Inc. | Add +844.4% | 0.65% | +0.61 |
| AAPL Apple Inc. | New | 0.60% | +0.60 |
| ELV Elevance Health Inc. | New | 0.54% | +0.54 |
| TT Trane Technologies PLC | New | 0.52% | +0.52 |
| ED Consolidated Edison Inc. | New | 0.49% | +0.49 |
| WFC Wells Fargo & Co. | Add +143.7% | 0.65% | +0.48 |
| CPNG Coupang Inc. | New | 0.48% | +0.48 |
| HSY The Hershey Co. | New | 0.48% | +0.48 |
| DG Dollar General Corp. | New | 0.48% | +0.48 |
| NKE Nike Inc. Class B | New | 0.47% | +0.47 |
| EIX Edison International | New | 0.47% | +0.47 |
| EXC Exelon Corp. | New | 0.45% | +0.45 |
| PSX Phillips 66 | New | 0.42% | +0.42 |
| MELI MercadoLibre Inc. | New | 0.41% | +0.41 |
| RBLX Roblox Corp. Class A | New | 0.40% | +0.40 |
| RMD Resmed Inc. | New | 0.40% | +0.40 |
| BMY Bristol-Myers Squibb Co. | New | 0.39% | +0.39 |
| SE Sea Ltd.-ADR | New | 0.39% | +0.39 |
| ROK Rockwell Automation Inc. | New | 0.38% | +0.38 |
| ENPH Enphase Energy Inc. | Add +483.0% | 0.46% | +0.38 |
| MNDY Monday.com Ltd. | New | 0.38% | +0.38 |
| SYK Stryker Corp. | New | 0.36% | +0.36 |
| DUOL Duolingo | Add +619.8% | 0.38% | +0.36 |
| PINS Pinterest Inc. Class A | New | 0.34% | +0.34 |
| CTVA Corteva Inc. | New | 0.34% | +0.34 |
| ORLY O'reilly Automotive Inc. | New | 0.33% | +0.33 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 346 | $917.4M | XLV, KRE, XLF, XLE, JPM |
| Q1 2026 | 363 | $962.5M | XLI, MSFT, IGV, GOOGL, XLP |
| Q4 2025 | 376 | $1.0B | XLF, XLB, IBIT, NVDA, KRE |
| Q3 2025 | 322 | $719.2M | TSLA, NVDA, PLTR, XLU, XLE |
| Q2 2025 | 296 | $745.8M | XLF, UNH, MSTR, IBIT, CVNA |
| Q1 2025 | 316 | $1.1B | XLE, XLF, XLP, XLY, UNH |
| Q4 2024 | 312 | $1.3B | XLV, AVGO, AMZN, AAPL, TSLA |
| Q3 2024 | 310 | $1.0B | FXI, KWEB, AMD, META, MSTR |
| Q2 2024 | 300 | $917.5M | AMZN, AAPL, XLY, AMD, GE |
| Q1 2024 | 228 | $1.7B | SPY, GLD, XLE, PXD, BA |