In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Rpo LLC reported 30 stock positions worth $67.7 million . Its top holding was Fidelity Wise Origin Bitcoin (FBTC) at 21.8% of the portfolio, followed by Bitwise Bitcoin ETF (BITB, 16.9% ) and Abrdn Healthcare Investors (HQH, 9.2% ). Compared with Q4 2023, it opened 7 new positions, sold out of 60, added to 1 and reduced 7. The biggest buy was a new position in Fidelity Wise Origin Bitcoin (FBTC) and the biggest sale an exit from Nuveen Prefered & Income Opp (JPC).
Location Stamford, CT
CIK 0001885066
Portfolio Value $67.7M (Q1 2024) Holdings 30 stocks · $67.7M 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 2023 FBTC Fidelity Wise Origin Bitcoin 237,730 $14.8M New BITB Bitwise Bitcoin ETF 295,085 $11.4M New HQH Abrdn Healthcare Investors 370,417 $6.2M Reduce -3.2% HQL Abrdn Life Sciences Investor 338,542 $4.6M No change BSTZ BlackRock Sci & Tech TRM TR 231,568 $4.5M Reduce -11.5% XGDVX Gabelli Dividend & Income TR 173,461 $4.0M No change DFP Flaherty & Crumrine DYN Pref 166,051 $3.2M Reduce -25.6% XBOEX BlackRock Enh GLBL DVD TR 268,716 $2.8M Add +129.9% CHW Calamos Global Dynamic Incom 411,449 $2.7M No change STEW SRH Total Return Fund Inc. 112,893 $1.7M No change DPG Duff & Phelps Utility & Inc. 149,761 $1.4M Reduce -34.4% XLGIX Lazard GLBL TTL RTRN & Inc. 86,209 $1.4M No change GRX Gabelli Healthcare & Well 136,169 $1.4M No change GLO Clough Global Opportunities 198,561 $1.0M No change XMVTX BlackRock Munivest Fund II 82,527 $900K Reduce -44.0% XFFCX Flaherty & Crumrine Pref Inc. 46,141 $685K Reduce -85.8% CPRI Capri Holdings Ltd. 15,000 $680K No change HODL Vaneck Bitcoin ETF 8,381 $673K New ARKB ARK 21SHARES Bitcoin ETF 9,470 $672K New IBIT iShares Bitcoin Trust ETF 16,607 $672K New XGLQX Clough Global Equity Fund 92,327 $601K No change GLV Clough Global Dividend & Inc. 97,345 $544K No change NBH Neuberger Municipal Fund Inc. 38,594 $404K No change ECF Ellsworth Growth and Income 35,664 $290K New SPE Special Opportunities Fund 17,158 $217K No change PFO Flaherty & Crumrine P&I Opp 12,287 $104K No change WIW Western Asst Infl-LNK Opp 10,091 $87K No change SABA Saba Capital Income & Opport 16,747 $64K New BURTECH ACQUISITION CORP 45,520 $8K No change NORTHVIEW ACQUISITION CORP 23,114 $1K Reduce -10.8%
Options reported separately and not counted above: DJT puts ($805K), CPRI puts ($675K).
Other holdings (13): bonds, preferreds, convertibles and warrants · $389K (not counted above) Security Class Shares / Principal Value Change SCRMW Screaming Eagle Acq Class A -27 *W EXP 99/99/999 419,840 $198K Add +0.0% LVWR.WS Livewire Group Inc.-27 *W EXP 09/26/202 462,822 $115K No change EVEX.WS Eve Holdng Inc. -CW25 *W EXP 05/09/202 76,283 $41K No change DHAIW Aurora Technology Acquis -28 *W EXP 04/20/202 513,886 $15K New AIIOW NWTN Inc. -CW27 *W EXP 11/11/202 95,559 $6K No change BWAQW Blue World Acquisition -29 *W EXP 01/10/202 21,100 $4K No change SBCWW Pono Capital Two Inc. -27 *W EXP 09/17/202 99,855 $3K No change CNGLW Canna-Global Acquisit -CW23 *W EXP 99/99/999 123,328 $2K No change GMFIW Aetherium Acquisition A -28 *W EXP 99/99/999 29,800 $2K Reduce -27.0% IVCPW Swiftmerge Acquisition -CW23 *W EXP 12/13/202 13,996 $782 No change ALSWF Alpha Star Acquisition -CW23 *W EXP 12/13/202 40,929 $409 No change KACWF Kairous Acquisition -23 *W EXP 09/15/202 11,126 $223 No change SLNWF Selina Hospitality PLC-27 *W EXP 10/27/202 20,000 $154 No change
Total filed on the 13F, all lines: $68.1M.
Portfolio Sells Q4 2023 → Q1 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 Q4 2023 % Of Portfolio Change To Portfolio ▲ JPC Nuveen Prefered & Income Opp Sold out 0.00% −7.39 XFFCX Flaherty & Crumrine Pref Inc. Reduce -85.8% 1.01% −6.18 SPLK Splunk Inc. Sold out 0.00% −5.57 XMYDX BlackRock Muniyield Fund Sold out 0.00% −3.78 RVT Royce Small-Cap Trust Inc. Sold out 0.00% −3.18 SOVO Sovos Brands Inc. Sold out 0.00% −1.75 XNROX Neu Re Est Sec Inc. FD Inc.-US Sold out 0.00% −1.71 DFP Flaherty & Crumrine DYN Pref Reduce -25.6% 4.70% −1.60 IRBTQ Irobot Corp. Sold out 0.00% −1.23 DPG Duff & Phelps Utility & Inc. Reduce -34.4% 2.11% −1.21 XMVTX BlackRock Munivest Fund II Reduce -44.0% 1.33% −1.20 HQH Abrdn Healthcare Investors Reduce -3.2% 9.22% −0.85 MXF Mexico Fund Inc. Sold out 0.00% −0.75 XIAEX Voya Asia Pac Hi DVD Eq Inc. Sold out 0.00% −0.59 NPV Nuveen Va QLTY Muni Inc. Sold out 0.00% −0.57 BSTZ BlackRock Sci & Tech TRM TR Reduce -11.5% 6.63% −0.31 DSM BNYM Strat Muni BND Sold out 0.00% −0.21 OPTU Optimum Communications Inc. Class A Sold out 0.00% −0.17 PFD Flaherty & Crumrin Pre&inc F Sold out 0.00% −0.17 DISH Dish Network Corp. Class A Sold out 0.00% −0.15 VISN Vistance Networks Inc. Sold out 0.00% −0.15 IHRT Iheartmedia Inc. Class A Sold out 0.00% −0.15 LIVEPERSON INC Sold out 0.00% −0.14 HBI Hanesbrands Inc. Sold out 0.00% −0.14 FCEL Fuelcell Energy Inc. Sold out 0.00% −0.14 OPITQ Office Properties Income Tru Sold out 0.00% −0.14 FNKO Funko Inc. Class A Sold out 0.00% −0.14 SSP Ew Scripps Co./the-A Sold out 0.00% −0.14 WOW Wideopenwest Inc. Sold out 0.00% −0.14 AMERICAN WELL CORP Sold out 0.00% −0.14 EAF Graftech International Ltd. Sold out 0.00% −0.13 ADTN Adtran Holdings Inc. Sold out 0.00% −0.13 WOOF Petco Health and Wellness Co. Sold out 0.00% −0.13 CLNE Clean Energy Fuels Corp. Sold out 0.00% −0.13 LUMN Lumen Technologies Inc. Sold out 0.00% −0.13 LESLIES INC Sold out 0.00% −0.13 ANGO Angiodynamics Inc. Sold out 0.00% −0.13 TELL Tellurian Inc. Sold out 0.00% −0.13 PLUG Plug Power Inc. Sold out 0.00% −0.13 INFN Infinera Corp. Sold out 0.00% −0.13 SABR Sabre Corp. Sold out 0.00% −0.13 WTI W&T Offshore Inc. Sold out 0.00% −0.13 PRM Perimeter Solutions SA Sold out 0.00% −0.13 MPT Medical Properties Trust Inc. Sold out 0.00% −0.13 APPS Digital Turbine Inc. Sold out 0.00% −0.13 QVCG QVC Group Inc. Sold out 0.00% −0.13 CERS Cerus Corp. Sold out 0.00% −0.13 ADPT Adaptive Biotechnologies Sold out 0.00% −0.12 SJT San Juan Basin Royalty TR Sold out 0.00% −0.12 GEVO Gevo Inc. Sold out 0.00% −0.12
Portfolio Buys Q4 2023 → Q1 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 Q4 2023 % Of Portfolio Change To Portfolio ▼ FBTC Fidelity Wise Origin Bitcoin New 21.78% +21.78 BITB Bitwise Bitcoin ETF New 16.86% +16.86 XBOEX BlackRock Enh GLBL DVD TR Add +129.9% 4.15% +2.31 HODL Vaneck Bitcoin ETF New 0.99% +0.99 ARKB ARK 21SHARES Bitcoin ETF New 0.99% +0.99 IBIT iShares Bitcoin Trust ETF New 0.99% +0.99 ECF Ellsworth Growth and Income New 0.43% +0.43 SABA Saba Capital Income & Opport New 0.09% +0.09
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ SPLK Splunk Inc. put Sold out 23,000 $3.5Mbefore exit DJT Trump Media & Technology Gro put New 13,000 $805K VFS Vinfast Auto Ltd. put Sold out 20,000 $167Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ SCRMW Screaming Eagle Acq Class A -27 *W EXP 99/99/999 Add +0.0% 419,840 $198K DHAIW Aurora Technology Acquis -28 *W EXP 04/20/202 New 513,886 $15K GMFIW Aetherium Acquisition A -28 *W EXP 99/99/999 Reduce -27.0% 29,800 $2K FAZE HOLDINGS INC *W EXP 03/01/202 Sold out 62,837 $270before 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 12 $14.7M USA, STEW, ASG, XRPZ, GLO Q1 2026 18 $19.2M USA, STEW, ASG, ETH, XFLT Q4 2025 48 $77.1M SPY, MSFT, AAPL, USA, BSOL Q3 2025 21 $55.6M SPY, FBTC, BITB, IBIT, CUK Q2 2025 17 $33.8M FBTC, IBIT, BITB, STEW, ARKB Q1 2025 19 $43.9M BAC, ISRG, XME, CSCO, AAPL Q4 2024 64 $70.5M BITB, FBTC, COP, SPY, NUE Q3 2024 24 $64.4M FBTC, SPY, BITB, COP, NUE Q2 2024 28 $63.7M FBTC, BITB, COP, HQH, XGDVX Q1 2024 30 $67.7M FBTC, BITB, HQH, HQL, BSTZ