In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Riposte Capital LLC reported 17 stock positions worth $156.7 million . Its top holding was BP PLC-Spons ADR (BP) at 12.9% of the portfolio, followed by Vertiv Class A (VRT, 7.8% ) and Constellation Energy (CEG, 7.7% ). Compared with Q4 2024, it opened 6 new positions, sold out of 8, added to 2 and reduced 7. The biggest buy was a new position in BP PLC-Spons ADR (BP) and the biggest sale an exit from Palo Alto Networks (PANW).
Location NEW YORK, NY
CIK 0001672355
Portfolio Value $156.7M (Q1 2025) Holdings 17 stocks · $156.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 BP BP PLC-Spons ADR 600,000 $20.3M New VRT Vertiv Holdings Co. Class A 170,000 $12.3M Add +54.5% CEG Constellation Energy 60,000 $12.1M Reduce -14.3% ACGL Arch Capital Group Ltd. 125,000 $12.0M New VST Vistra Corp. 100,000 $11.7M No change FCNCA First Citizens Bcshs Class A 6,000 $11.1M No change EA Electronic Arts Inc. 75,000 $10.8M New BIRK Birkenstock Holding PLC 200,000 $9.2M New CRGY Crescent Energy Inc. Class A 800,000 $9.0M Add +14.3% SPOT Spotify Technology SA 15,000 $8.3M Reduce -25.0% EQT Eqt Corp. 145,000 $7.7M Reduce -30.9% NEXT Nextdecade Corp. 850,000 $6.6M New CP Canadian Pacific Kansas City 90,000 $6.3M New SN Sharkninja Inc. 75,000 $6.3M Reduce -34.8% GTLS Chart Industries Inc. 35,000 $5.1M Reduce -50.0% VIK Viking Holdings Ltd. 100,000 $4.0M Reduce -50.0% ONON On Holding AG Class A filed as ON HLDG AG 90,000 $4.0M Reduce -28.0%
Options reported separately and not counted above: ELECTRONIC ARTS INC calls ($151.7M), STATE STR SPDR S&P 500 ETF T puts ($83.9M), INVESCO QQQ TR puts ($70.3M), BP PLC calls ($42.2M), DOLLAR GEN CORP calls ($17.6M), CITIZENS INC puts ($9.7M), COMSTOCK RES INC calls ($8.1M), JD.COM INC calls ($4.1M), VICTORIAS SECRET AND CO calls ($2.8M).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ PANW Palo Alto Networks Inc. Sold out 0.00% −6.25 SW Smurfit Westrock PLC Sold out 0.00% −5.41 BBWI Bath & Body Works Inc. Sold out 0.00% −5.33 KNX Knight-Swift Transportation Sold out 0.00% −4.91 JCI Johnson Controls Internation Sold out 0.00% −4.80 GTLS Chart Industries Inc. Reduce -50.0% 3.22% −3.84 BGC BGC Group Inc. Class A Sold out 0.00% −3.59 JD Jd.com Inc.-ADR Sold out 0.00% −3.21 VIK Viking Holdings Ltd. Reduce -50.0% 2.54% −2.12 SN Sharkninja Inc. Reduce -34.8% 3.99% −1.93 BABA Alibaba Group Holding-SP ADR Sold out 0.00% −1.12 ONON On Holding AG Class A Reduce -28.0% 2.52% −1.10 CEG Constellation Energy Reduce -14.3% 7.72% −0.56 EQT Eqt Corp. Reduce -30.9% 4.94% −0.17 SPOT Spotify Technology SA Reduce -25.0% 5.26% +0.54
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ BP BP PLC-Spons ADR New 12.94% +12.94 ACGL Arch Capital Group Ltd. New 7.67% +7.67 EA Electronic Arts Inc. New 6.92% +6.92 BIRK Birkenstock Holding PLC New 5.85% +5.85 NEXT Nextdecade Corp. New 4.22% +4.22 CP Canadian Pacific Kansas City New 4.03% +4.03 VRT Vertiv Holdings Co. Class A Add +54.5% 7.83% +1.23 CRGY Crescent Energy Inc. Class A Add +14.3% 5.74% +0.33
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ ELECTRONIC ARTS INC call New 1,050,000 $151.7M QQQ Invesco QQQ Trust Series 1 put Sold out 200,000 $102.2Mbefore exit STATE STR SPDR S&P 500 ETF T put Reduce -34.8% 150,000 $83.9M INVESCO QQQ TR put New 150,000 $70.3M BP PLC call New 1,250,000 $42.2M EQT CORP call Sold out 425,000 $19.6Mbefore exit NEXTDECADE CORP call Sold out 2,492,500 $19.2Mbefore exit DOLLAR GEN CORP call New 200,000 $17.6M CARNIVAL CORP call Sold out 525,000 $13.1Mbefore exit V F CORP call Sold out 550,000 $11.8Mbefore exit INTEL CORP call Sold out 500,000 $10.0Mbefore exit CITIZENS INC put New 2,130,500 $9.7M COMSTOCK RES INC call Reduce -38.5% 400,000 $8.1M JD.COM INC call Reduce -60.0% 100,000 $4.1M VICTORIAS SECRET AND CO call New 150,000 $2.8M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 21 $294.6M MU, RACE, CIEN, ONTO, STM Q1 2026 19 $218.7M MTZ, BIRKENSTOCK HOLDING PLC, QXO INC, B, MU Q4 2025 26 $240.7M GOOGL, FSLR, QXO INC, MU, SN Q3 2025 17 $207.9M VRT, EXE, BIRKENSTOCK HOLDING PLC, ETN, JLL Q2 2025 19 $200.6M BIRKENSTOCK HOLDING PLC, FCNCA, JLL, EXE, CCL Q1 2025 17 $156.7M BP, VRT, CEG, ACGL, VST Q4 2024 19 $189.2M CEG, VST, GTLS, FCNCA, VRT Q3 2024 15 $195.6M CEG, FCNCA, CRGY, VRT, VST Q2 2024 Amended 15 $199.6M SBOW, EQT, UBER, FCNCA, PANW Q1 2024 19 $248.1M SBOW, SN, ERF, SPOT, FCNCA