In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Rpo LLC reported 24 stock positions worth $64.4 million . Its top holding was Fidelity Wise Origin Bitcoin (FBTC) at 21.0% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 17.1% ) and Bitwise Bitcoin ETF (BITB, 16.3% ). Compared with Q2 2024, it opened 3 new positions, sold out of 7, added to 11 and reduced 6. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale an exit from Abrdn Healthcare Investors (HQH).
Location Stamford, CT
CIK 0001885066
Portfolio Value $64.4M (Q3 2024) Holdings 24 stocks · $64.4M 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 FBTC Fidelity Wise Origin Bitcoin 243,530 $13.5M Add +2.4% SPY SS SPDR S&P 500 ETF Trust-US 19,232 $11.0M New BITB Bitwise Bitcoin ETF 304,385 $10.5M Add +3.1% COP Conocophillips 95,000 $10.0M Add +33.2% NUE Nucor Corp. 22,370 $3.4M Add +39.6% CMG Chipotle Mexican Grill Inc. 46,530 $2.7M Add +65.9% STEW SRH Total Return Fund Inc. 130,042 $2.1M No change ARKB ARK 21SHARES Bitcoin ETF 18,540 $1.2M Add +95.8% IBIT iShares Bitcoin Trust ETF 29,857 $1.1M Add +79.8% MS Morgan Stanley 9,871 $1.0M Reduce -51.5% XGDVX Gabelli Dividend & Income TR 41,778 $1.0M Reduce -75.9% EZBC Franklin Bitcoin ETF 26,700 $983K Add +49.2% BRRR Coinshares Bitcoin ETF 54,159 $974K New HODL Vaneck Bitcoin ETF 12,861 $924K Add +53.5% XGLQX Clough Global Equity Fund 92,327 $641K No change JOF Japan Smaller Capitalization 76,345 $631K Add +393.6% GLO Clough Global Opportunities 111,479 $608K Reduce -43.9% AAPL Apple Inc. 2,600 $606K Reduce -49.5% DIAX Nuveen Dow 30 Dynamic Overwr 31,270 $464K New CHW Calamos Global Dynamic Incom 61,799 $443K Reduce -84.1% GLV Clough Global Dividend & Inc. 73,345 $432K Reduce -24.6% WIW Western Asst Infl-LNK Opp 21,427 $189K Add +112.3% BURTECH ACQUISITION CORP 45,520 $9K No change NORTHVIEW ACQUISITION CORP 23,114 $867 No change
Options reported separately and not counted above: AAPL puts ($19.2M), COP puts ($11.6M), MS puts ($10.4M), CMG puts ($5.8M), NUE puts ($5.2M), HYG calls ($3.8M), COP calls ($1.6M).
Other holdings (9): bonds, preferreds, convertibles and warrants · $2.8M (not counted above) Security Class Shares / Principal Value Change MICROSTRATEGY INC (MSTR 0 02/15/27) NOTE 2/1 · principal 2,000,000 $2.7M No change LVWR.WS Livewire Group Inc.-27 *W EXP 09/26/202 462,822 $53K No change DHAIW Aurora Technology Acquis -28 *W EXP 04/20/202 513,886 $21K No change SBCWW Pono Capital Two Inc. -27 *W EXP 09/17/202 99,855 $15K No change EVEX.WS Eve Holdng Inc. -CW25 *W EXP 05/09/202 76,283 $8K No change AIIOW NWTN Inc. -CW27 *W EXP 11/11/202 95,559 $5K No change IVCPW Swiftmerge Acquisition -CW23 *W EXP 12/13/202 13,896 $1K Reduce -0.7% ALSWF Alpha Star Acquisition -CW23 *W EXP 12/13/202 40,929 $589 No change KACWF Kairous Acquisition -23 *W EXP 09/15/202 11,126 $97 No change
Total filed on the 13F, all lines: $67.2M.
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 ▲ HQH Abrdn Healthcare Investors Sold out 0.00% −6.78 HQL Abrdn Life Sciences Investor Sold out 0.00% −5.77 DFP Flaherty & Crumrine DYN Pref Sold out 0.00% −5.00 XGDVX Gabelli Dividend & Income TR Reduce -75.9% 1.59% −4.60 CHW Calamos Global Dynamic Incom Reduce -84.1% 0.69% −3.49 XBOEX BlackRock Enh GLBL DVD TR Sold out 0.00% −1.62 MS Morgan Stanley Reduce -51.5% 1.60% −1.51 AAPL Apple Inc. Reduce -49.5% 0.94% −0.76 GLO Clough Global Opportunities Reduce -43.9% 0.94% −0.73 ECF Ellsworth Growth and Income Sold out 0.00% −0.46 XFFCX Flaherty & Crumrine Pref Inc. Sold out 0.00% −0.26 GLV Clough Global Dividend & Inc. Reduce -24.6% 0.67% −0.20 PFO Flaherty & Crumrine P&I Opp Sold out 0.00% −0.16
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 ▼ SPY SS SPDR S&P 500 ETF Trust-US New 17.14% +17.14 COP Conocophillips Add +33.2% 15.53% +2.72 BRRR Coinshares Bitcoin ETF New 1.51% +1.51 FBTC Fidelity Wise Origin Bitcoin Add +2.4% 21.00% +1.42 CMG Chipotle Mexican Grill Inc. Add +65.9% 4.16% +1.40 NUE Nucor Corp. Add +39.6% 5.22% +1.25 BITB Bitwise Bitcoin ETF Add +3.1% 16.35% +1.21 ARKB ARK 21SHARES Bitcoin ETF Add +95.8% 1.83% +0.94 JOF Japan Smaller Capitalization Add +393.6% 0.98% +0.80 IBIT iShares Bitcoin Trust ETF Add +79.8% 1.68% +0.79 DIAX Nuveen Dow 30 Dynamic Overwr New 0.72% +0.72 EZBC Franklin Bitcoin ETF Add +49.2% 1.53% +0.55 HODL Vaneck Bitcoin ETF Add +53.5% 1.43% +0.54 WIW Western Asst Infl-LNK Opp Add +112.3% 0.29% +0.16
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ AAPL Apple Inc. put Reduce -5.8% 82,400 $19.2M COP Conocophillips put Reduce -4.3% 110,500 $11.6M HYG Ishr Ibx Usd Hiyld CB ETF-Ui call New 47,000 $3.8M COP Conocophillips call Reduce -41.2% 15,000 $1.6M NUE Nucor Corp. call Sold out 5,000 $790Kbefore exit AAPL Apple Inc. call Sold out 2,000 $421Kbefore 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 ▼ BWAQW Blue World Acquisition -29 *W EXP 01/10/202 Sold out 21,100 $2Kbefore exit IVCPW Swiftmerge Acquisition -CW23 *W EXP 12/13/202 Reduce -0.7% 13,896 $1K SLNWF Selina Hospitality PLC-27 *W EXP 10/27/202 Sold out 20,000 $298before exit CNGLW Canna-Global Acquisit -CW23 *W EXP 99/99/999 Sold out 123,328 $0before 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