RedJay Asset Management Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), RedJay Asset Management Inc. reported 39 stock positions worth $185.0 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 19.1% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 7.1%) and Apple (AAPL, 5.6%). Compared with Q4 2024, it opened 28 new positions, sold out of 5 and reduced 10. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale an exit from iShares China Large-Cap ETF (FXI).

Most Recent 13F
Q2 2026
Location
TORONTO, Z4
CIK
0002057370
Portfolio Value
$185.0M (Q1 2025)
SEC Filing
0002057370-25-000007 ↗ filed Apr 25, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $160.8M Q1 2024 Q2 2024: $149.4M Q2 2024 Q3 2024: $175.6M Q3 2024 Q4 2024: $151.1M Q4 2024 Q1 2025: $185.0M $185.0M Q1 2025 Q2 2025: $426.3M Q2 2025 Q3 2025: $639.2M Q3 2025 Q4 2025: $0 Q4 2025 Q1 2026: $0 Q1 2026 Q2 2026: $0 Q2 2026

Holdings 39 stocks · $185.0M
SPY SS SPDR S&P 500 ETF Trust-US 19.08% 63,101 $35.3M New
RSP Invesco S&P 500 Equal Weight 7.13% 76,100 $13.2M New
AAPL Apple Inc. 5.64% 47,000 $10.4M New
MSFT Microsoft Corp. 4.47% 22,000 $8.3M New
NVDA Nvidia Corp. 4.37% 74,500 $8.1M New
AMZN Amazon.com Inc. 3.39% 33,000 $6.3M New
GOOGL Alphabet Inc. Class A 3.34% 40,000 $6.2M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 3.34% 62,500 $6.2M Reduce -21.9%
PYPL PayPal Holdings Inc. 2.91% 82,500 $5.4M Reduce -43.1%
YUMC Yum China Holdings Inc. 2.53% 90,000 $4.7M Reduce -28.0%
SOC Sable Offshore Corp. 2.47% 180,000 $4.6M New
IJR iShares Core S&P Small-Cap E 2.40% 42,400 $4.4M New
MA Mastercard Inc. Class A 2.37% 8,000 $4.4M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.26% 100,000 $4.2M Reduce -60.0%
FAST Fastenal Co. 2.10% 50,000 $3.9M New
META Meta Platforms Inc. Class A 2.09% 6,700 $3.9M New
SHW The Sherwin-Williams Co. 2.08% 11,000 $3.8M New
WIX Wix.com Ltd. 1.94% 22,000 $3.6M New
EWBC East West Bancorp Inc. 1.94% 40,000 $3.6M Reduce -66.7%
ROKU Roku Inc. 1.90% 50,000 $3.5M Reduce -50.0%
BRK.B Berkshire Hathaway Inc. Class B 1.87% 6,500 $3.5M New
XOM Exxon Mobil Corp. 1.80% 28,000 $3.3M New
FCNCA First Citizens Bcshs Class A 1.50% 1,500 $2.8M New
PDD PDD Holdings Inc. 1.47% 23,000 $2.7M New
JPM JPMorgan Chase & Co. 1.46% 11,000 $2.7M New
UPWK Upwork Inc. 1.45% 205,000 $2.7M Reduce -65.8%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 1.42% 19,500 $2.6M Reduce -64.5%
LLY Eli Lilly & Co. 1.34% 3,000 $2.5M New
SPT Sprout Social Inc. Class A 1.19% 100,000 $2.2M New
AVGO Broadcom Inc. 1.16% 12,800 $2.1M New
UNH Unitedhealth Group Inc. 1.13% 4,000 $2.1M New
TSLA Tesla Inc. 1.12% 8,000 $2.1M New
DHR Danaher Corp. 1.11% 10,000 $2.0M Reduce -60.0%
AZO AutoZone Inc. 1.03% 500 $1.9M Reduce -83.3%
JNJ Johnson & Johnson 0.90% 10,000 $1.7M New
REGN Regeneron Pharmaceuticals 0.69% 2,000 $1.3M New
URI United Rentals Inc. 0.68% 2,000 $1.3M New
HCA HCA Healthcare Inc. 0.56% 3,000 $1.0M New
NEE Nextera Energy Inc. 0.38% 10,000 $709K New

Portfolio Sells Q4 2024 → Q1 2025
FXI iShares China Large-Cap ETF Sold out 0.00% −8.06
FNV Franco-Nevada Corp. Sold out 0.00% −7.01
SEMR Semrush Holdings Inc. Class A Sold out 0.00% −6.29
V Visa Inc. Class A Sold out 0.00% −6.28
CSGP Costar Group Inc. Sold out 0.00% −5.92
EWBC East West Bancorp Inc. Reduce -66.7% 1.94% −5.67
HRI Herc Holdings Inc. Reduce -64.5% 1.42% −5.48
AZO AutoZone Inc. Reduce -83.3% 1.03% −5.33
PYPL PayPal Holdings Inc. Reduce -43.1% 2.91% −5.28
UPWK Upwork Inc. Reduce -65.8% 1.45% −5.05
BAC Bank of America Corp. Reduce -60.0% 2.26% −5.02
ROKU Roku Inc. Reduce -50.0% 1.90% −3.02
DHR Danaher Corp. Reduce -60.0% 1.11% −2.69
DIS The Walt Disney Co. Reduce -21.9% 3.34% −2.56
YUMC Yum China Holdings Inc. Reduce -28.0% 2.53% −1.45

Portfolio Buys Q4 2024 → Q1 2025
SPY SS SPDR S&P 500 ETF Trust-US New 19.08% +19.08
RSP Invesco S&P 500 Equal Weight New 7.13% +7.13
AAPL Apple Inc. New 5.64% +5.64
MSFT Microsoft Corp. New 4.47% +4.47
NVDA Nvidia Corp. New 4.37% +4.37
AMZN Amazon.com Inc. New 3.39% +3.39
SOC Sable Offshore Corp. New 2.47% +2.47
IJR iShares Core S&P Small-Cap E New 2.40% +2.40
MA Mastercard Inc. Class A New 2.37% +2.37
FAST Fastenal Co. New 2.10% +2.10
META Meta Platforms Inc. Class A New 2.09% +2.09
SHW The Sherwin-Williams Co. New 2.08% +2.08
WIX Wix.com Ltd. New 1.94% +1.94
BRK.B Berkshire Hathaway Inc. Class B New 1.87% +1.87
XOM Exxon Mobil Corp. New 1.80% +1.80
FCNCA First Citizens Bcshs Class A New 1.50% +1.50
PDD PDD Holdings Inc. New 1.47% +1.47
JPM JPMorgan Chase & Co. New 1.46% +1.46
LLY Eli Lilly & Co. New 1.34% +1.34
SPT Sprout Social Inc. Class A New 1.19% +1.19
AVGO Broadcom Inc. New 1.16% +1.16
UNH Unitedhealth Group Inc. New 1.13% +1.13
TSLA Tesla Inc. New 1.12% +1.12
JNJ Johnson & Johnson New 0.90% +0.90
REGN Regeneron Pharmaceuticals New 0.69% +0.69
URI United Rentals Inc. New 0.68% +0.68
HCA HCA Healthcare Inc. New 0.56% +0.56
NEE Nextera Energy Inc. New 0.38% +0.38

Options Activity Q4 2024 → Q1 2025
DISNEY WALT CO call Sold out 1,000 $6.4Mbefore exit
UBER TECHNOLOGIES INC call Sold out 3,000 $5.1Mbefore exit
STATE STR SPDR S&P 500 ETF T put Sold out 1,500 $1.3Mbefore exit
ISHARES TR put Sold out 9,000 $628Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 0$0
Q1 2026 0$0
Q4 2025 0$0
Q3 2025 2$639.2MSPY, VOO
Q2 2025 32$426.3MSPY, RSP, NVDA, MSFT, IJR
Q1 2025 39$185.0MSPY, RSP, AAPL, MSFT, NVDA
Q4 2024 16$151.1MPYPL, FXI, EWBC, BAC, FNV
Q3 2024 17$175.6MFXI, SEMR, V, FNV, PYPL
Q2 2024 18$149.4MBAC, SMAR, FNV, FXI, GOOGL
Q1 2024 20$160.8MFNV, GOOGL, HRI, DIS, SMAR