RK Capital Management, LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed August 14, 2025), RK Capital Management, LLC reported 11 stock positions worth $97.6 million . Its top holding was Proshares Bitcoin ETF-Usd (BITO) at 60.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 15.1% ) and BlackRock Finance (BLK, 11.2% ). Compared with Q2 2024, it opened 6 new positions, sold out of 11, added to 3 and reduced 2. The biggest buy was Proshares Bitcoin ETF-Usd (BITO, shares +48% ) and the biggest sale an exit from Ishr Ibx Usd Hiyld CB ETF-Ui (HYG).
Location Weston, FL
CIK 0001905218
Portfolio Value $97.6M (Q3 2024) Holdings 11 stocks · $97.6M 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 Q2 2024 BITO Proshares Bitcoin ETF-Usd 3,063,690 $58.8M Add +48.0% SPY SS SPDR S&P 500 ETF Trust-US 25,690 $14.7M Add +1.2% BLK BlackRock Finance Inc. 11,500 $10.9M New QQQ Invesco QQQ Trust Series 1 10,605 $5.2M New MO Altria Group Inc. 57,500 $2.9M New ET Energy Transfer LP 175,100 $2.8M Reduce -8.0% MACIU Melar Acquisition Corp. I 82,799 $831K Reduce -17.2% BTI British American Tob-SP ADR 16,500 $604K New PBR Petroleo Brasileiro-Spon ADR 22,900 $330K Add +122.1% NLY Annaly Capital Management Inc. 12,300 $247K New INFN Infinera Corp. 29,753 $201K New
Options reported separately and not counted above: SPY calls ($2.4B), SPY puts ($2.3B), QQQ calls ($12.0M), PBR puts ($290K).
Portfolio Sells Q2 2024 → Q3 2024 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 Q2 2024 % Of Portfolio Change To Portfolio ▲ HYG Ishr Ibx Usd Hiyld CB ETF-Ui Sold out 0.00% −24.19 PFTA Portage Fintech Acquisitio-A Sold out 0.00% −2.84 CNDA Concord Acquisition Corp. Class A Sold out 0.00% −1.65 FLG New York Community Bancorp Sold out 0.00% −1.05 ENB Enbridge Inc. Sold out 0.00% −0.68 CHEB.U Chenghe Acquisition II Co. Sold out 0.00% −0.52 PBR.A Petroleo Brasil-SP Pref ADR Sold out 0.00% −0.37 ET Energy Transfer LP Reduce -8.0% 2.88% −0.35 CLMT Calumet Specialty Products Sold out 0.00% −0.33 VZ Verizon Communications Inc. Sold out 0.00% −0.31 D Dominion Energy Inc. Sold out 0.00% −0.29 MACIU Melar Acquisition Corp. I Reduce -17.2% 0.85% −0.19 PTON Peloton Interactive Inc. Class A Sold out 0.00% −0.18
Portfolio Buys Q2 2024 → Q3 2024 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 Q2 2024 % Of Portfolio Change To Portfolio ▼ BITO Proshares Bitcoin ETF-Usd Add +48.0% 60.25% +11.53 BLK BlackRock Finance Inc. New 11.19% +11.19 QQQ Invesco QQQ Trust Series 1 New 5.30% +5.30 MO Altria Group Inc. New 3.01% +3.01 SPY SS SPDR S&P 500 ETF Trust-US Add +1.2% 15.10% +0.66 BTI British American Tob-SP ADR New 0.62% +0.62 NLY Annaly Capital Management Inc. New 0.25% +0.25 INFN Infinera Corp. New 0.21% +0.21 PBR Petroleo Brasileiro-Spon ADR Add +122.1% 0.34% +0.18
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US call Add +165.6% 4,494,700 $2.4B SPY SS SPDR S&P 500 ETF Trust-US put Add +142.1% 4,140,000 $2.3B QQQ Invesco QQQ Trust Series 1 call New 25,000 $12.0M FLG New York Community Bancorp put Sold out 153,467 $4.4Mbefore exit AAPL Apple Inc. call Sold out 4,000 $842Kbefore exit JNJ Johnson & Johnson call Sold out 5,100 $745Kbefore exit HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Sold out 5,000 $386Kbefore exit PBR Petroleo Brasileiro-Spon ADR put New 20,000 $290K DJT Trump Media & Technology Gro call Sold out 2,000 $66Kbefore exit MAIN Main Street Capital Corp. put Sold out 200 $10Kbefore exit BHC Bausch Health Cos Inc. put Sold out 1,000 $7Kbefore exit BITO Proshares Bitcoin ETF-Usd put Sold out 100 $2Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024 Security Class Change vs Q2 2024 Shares / Principal Value ▼ CSLRF Consilium Acquisition -Right RIGHT 99/99/9999 Sold out 190,137 $19Kbefore exit LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 Sold out 18,300 $8Kbefore exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 18 $1.8B NVDA, AMZN, SNDK, GOOG, MSFT Q1 2026 20 $43.3M PSLV, IWM, SPY, AACI, UNOV Q4 2025 18 $1.6B NVDA, TSLA, AMZN, AVGO, AMD Q3 2025 13 $64.6M SPY, PFEB, NAKA, UNOV, RNAM Q2 2025 13 $81.5M SPY, BITO, PFEB, RTACU, SKX Q1 2025 Amended 11 $105.4M NVDA, SPY, TSLA, PFEB, BITO Q4 2024 Amended 10 $1.2B NVDA, GOOG, AMD, AAPL, IBIT Q3 2024 Amended 11 $97.6M BITO, SPY, BLK, QQQ, MO Q2 2024 Amended 16 $95.7M BITO, HYG, SPY, ET, PFTA Q1 2024 Amended 5 $82.3M BITO, SPY, FLG, SGRY, CLMT