Solstein Capital, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), Solstein Capital, LLC reported 493 stock positions worth $194.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 8.8% of the portfolio, followed by Apple (AAPL, 7.0%) and Microsoft (MSFT, 5.8%). Compared with Q1 2025, it opened 170 new positions, sold out of 2, added to 119 and reduced 29. The biggest buy was Microsoft (MSFT, shares +6%) and the biggest sale iShares Core MSCI Dev MKTS (IDEV, shares −37%).

Most Recent 13F
Q2 2026
Location
Menlo Park, CA
CIK
0001730769
Portfolio Value
$194.8M (Q2 2025)
SEC Filing
0001941040-25-000396 ↗ filed Aug 1, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $144.2M Q1 2024 Q2 2024: $153.2M Q2 2024 Q3 2024: $188.7M Q3 2024 Q4 2024: $178.6M Q4 2024 Q1 2025: $171.9M Q1 2025 Q2 2025: $194.8M $194.8M Q2 2025 Q3 2025: $218.6M Q3 2025 Q4 2025: $249.3M Q4 2025 Q1 2026: $243.6M Q1 2026 Q2 2026: $292.1M Q2 2026

Holdings 493 stocks · $194.8M
SPY SS SPDR S&P 500 ETF Trust-US 8.84% 27,877 $17.2M Reduce -5.3%
AAPL Apple Inc. 7.03% 66,771 $13.7M Add +1.6%
MSFT Microsoft Corp. 5.82% 22,816 $11.3M Add +5.8%
IVV iShares Core S&P 500 ETF 5.03% 15,798 $9.8M No change
OUNZ Vaneck Merk Gold ETF 3.93% 240,374 $7.7M Add +2.4%
IDEV iShares Core MSCI Dev MKTS 3.35% 85,745 $6.5M Reduce -36.6%
AMZN Amazon.com Inc. 2.89% 25,678 $5.6M Add +5.2%
V Visa Inc. Class A 2.49% 13,686 $4.9M Add +2.0%
EFA iShares MSCI Eafe ETF 2.26% 49,155 $4.4M Reduce -2.4%
CYBR Cyberark Software Ltd./Israel 2.15% 10,306 $4.2M No change
EWJ iShares MSCI Japan ETF 2.13% 55,374 $4.2M Reduce -10.9%
SE Sea Ltd.-ADR 1.99% 24,300 $3.9M Add +22.1%
GOOGL Alphabet Inc. Class A 1.90% 20,997 $3.7M Reduce -6.0%
GOOG Alphabet Inc. Class C 1.61% 17,699 $3.1M Add +1.6%
GLD SPDR Gold Shares 1.60% 10,245 $3.1M Reduce -1.7%
FMX Fomento Economico Mex-SP ADR 1.55% 29,252 $3.0M Add +3.1%
IBIT iShares Bitcoin Trust ETF 1.30% 41,318 $2.5M Add +20.5%
COST Costco Wholesale Corp. 1.20% 2,368 $2.3M Add +5.9%
HD Home Depot Inc. 1.19% 6,334 $2.3M Add +4.2%
NVDA Nvidia Corp. 1.14% 14,090 $2.2M Add +26.5%
TSM Taiwan Semiconductor-SP ADR 0.98% 8,443 $1.9M No change
JPM JPMorgan Chase & Co. 0.97% 6,513 $1.9M Add +4.3%
KSA Ishrs MSCI Saudi Arabia ETF 0.93% 46,795 $1.8M No change
CNQ Canadian Natural Resources 0.90% 55,764 $1.7M No change
CAT Caterpillar Inc. 0.86% 4,324 $1.7M Add +2.6%
TCOM Trip.com Group Ltd.-ADR 0.85% 28,400 $1.7M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.79% 18,946 $1.5M Add +89.8%
PDD PDD Holdings Inc. 0.79% 14,699 $1.5M No change
EEM iShares MSCI Emerging Market 0.79% 31,830 $1.5M Reduce -43.6%
TMO Thermo Fisher Scientific Inc. 0.78% 3,729 $1.5M Reduce -18.6%
SHLD Global X Defense Tech ETF 0.75% 24,410 $1.5M Add +12680.1%
QQQ Invesco QQQ Trust Series 1 0.74% 2,628 $1.4M Reduce -1.0%
WMT Walmart Inc. 0.72% 14,284 $1.4M Add +0.1%
SHEL Shell PLC-ADR 0.69% 19,071 $1.3M Reduce -0.7%
XLK SS Technology Select Sector 0.69% 5,297 $1.3M No change
BABA Alibaba Group Holding-SP ADR 0.69% 11,781 $1.3M Add +5.2%
SJB Proshares Short High Yield 0.68% 84,619 $1.3M Reduce -18.5%
BP BP PLC-Spons ADR 0.67% 43,672 $1.3M No change
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC 0.64% 14,987 $1.2M No change
LLY Eli Lilly & Co. 0.61% 1,516 $1.2M Add +10.2%
MA Mastercard Inc. Class A 0.60% 2,096 $1.2M Add +12.8%
INDA iShares MSCI India ETF 0.58% 20,193 $1.1M Add +0.9%
PRU Prudential Financial Inc. 0.57% 88,669 $1.1M Add +0.1%
IJR iShares Core S&P Small-Cap E 0.56% 10,073 $1.1M Reduce -27.0%
NVO Novo-Nordisk A/S-Spons ADR 0.54% 15,277 $1.1M No change
TEVA Teva Pharmaceutical-SP ADR 0.49% 56,600 $949K New
IEMG iShares Core MSCI Emerging 0.45% 14,580 $875K No change
EWC iShares MSCI Canada ETF 0.44% 18,521 $856K Add +36.3%
DBB Invesco DB Base Metals Fund 0.44% 43,827 $849K Add +274.4%
ITUB Itau Unibanco H-Spon PRF ADR 0.41% 119,020 $808K No change
POWA Invesco Bloomberg Pricing Po 0.39% 8,690 $752K Reduce -3.0%
DOCS Doximity Inc. Class A 0.38% 12,090 $742K New
ITA iShares U.S. Aerospace & Def 0.38% 3,879 $732K No change
XLE SS Energy Select Sector 0.37% 8,601 $729K No change
CRM Salesforce Inc. 0.37% 2,615 $713K Add +5.2%
HON Honeywell International Inc. 0.34% 2,881 $671K Add +4.4%
NFLX Netflix Inc. 0.33% 483 $647K Add +38.8%
CMCSA Comcast Corp. Class A 0.33% 17,765 $634K Add +3.5%
UDN Invesco DB US Dollar Index B 0.32% 32,822 $621K New
UBS UBS Group AG-Reg 0.31% 17,834 $602K No change
ICE Intercontinental Exchange Inc. 0.31% 3,263 $599K Add +10.5%
XLI SS Industrial Select Sector 0.31% 4,030 $595K No change
META Meta Platforms Inc. Class A 0.30% 804 $593K Add +131.0%
TMUS T-Mobile US Inc. 0.30% 2,485 $592K Add +7.1%
XOM Exxon Mobil Corp. 0.30% 5,447 $587K Add +13.1%
AVGO Broadcom Inc. 0.29% 2,076 $572K Add +85.4%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.29% 5,137 $563K Reduce -0.5%
ADI Analog Devices Inc. 0.28% 2,307 $549K Add +2.0%
DBA Invesco DB Agriculture Fund 0.28% 20,523 $537K No change
PG The Procter & Gamble Co. 0.27% 3,277 $522K Add +7.8%
KWEB Kranesh Csi China Internet 0.26% 14,614 $502K Add +3346.7%
UNP Union Pacific Corp. 0.25% 2,145 $494K Add +6.9%
ASML ASML Holding NV-NY Reg SHS 0.25% 599 $480K No change
FXY Invesco Currencyshares Japan 0.25% 7,482 $478K No change
CRWD CrowdStrike Holdings Inc. Class A 0.23% 875 $446K Add +16.7%
LNG Cheniere Energy Inc. 0.23% 1,812 $441K No change
EWA iShares MSCI Australia ETF 0.22% 16,409 $432K No change
SLV iShares Silver Trust 0.22% 13,044 $428K New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.21% 30,400 $417K No change
PALL Abrdn Physical Palladium SHS 0.20% 3,895 $392K New
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.19% 21,100 $374K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.19% 849 $372K Reduce -71.8%
PEP Pepsico Inc. 0.19% 2,806 $371K No change
PAX Patria Investments Ltd. Class A 0.19% 26,300 $370K No change
ORCL Oracle Corp. 0.19% 1,679 $367K Add +33.7%
VOO Vanguard S&P 500 ETF 0.18% 603 $343K New
CTA Simplify Managed Futures St 0.17% 12,516 $335K Add +1652.9%
LUNR Intuitive Machines Inc. 0.17% 30,094 $327K No change
CVX Chevron Corp. 0.17% 2,271 $325K Add +3.2%
UBER Uber Technologies Inc. 0.17% 3,469 $324K Add +3.3%
KO The Coca-Cola Co. 0.17% 4,564 $323K Add +15.5%
QUAL iShares MSCI USA Quality Fac 0.16% 1,702 $311K No change
CME Cme Group Inc. 0.16% 1,108 $305K Add +35.0%
EQIX Equinix Inc. 0.15% 366 $291K Add +4.6%
FXI iShares China Large-Cap ETF 0.15% 7,833 $288K No change
CART Maplebear Inc. 0.15% 6,252 $283K No change
QCOM Qualcomm Inc. 0.14% 1,750 $279K Add +28.1%
ABBV Abbvie Inc. 0.14% 1,460 $271K Add +31.5%
EWZ iShares MSCI Brazil ETF 0.14% 9,115 $263K Reduce -12.5%
RTX RTX Corp. 0.13% 1,754 $256K Add +5.8%

Show all 493 holdings

Portfolio Sells Q1 2025 → Q2 2025
IDEV iShares Core MSCI Dev MKTS Reduce -36.6% 3.35% −2.08
SPY SS SPDR S&P 500 ETF Trust-US Reduce -5.3% 8.84% −0.74
EEM iShares MSCI Emerging Market Reduce -43.6% 0.79% −0.65
TMO Thermo Fisher Scientific Inc. Reduce -18.6% 0.78% −0.55
VUG Vanguard Mrngstar GR ETF-Sui Reduce -71.8% 0.19% −0.46
EWJ iShares MSCI Japan ETF Reduce -10.9% 2.13% −0.35
SJB Proshares Short High Yield Reduce -18.5% 0.68% −0.30
IJR iShares Core S&P Small-Cap E Reduce -27.0% 0.56% −0.27
GLD SPDR Gold Shares Reduce -1.7% 1.60% −0.14
EFA iShares MSCI Eafe ETF Reduce -2.4% 2.26% −0.14
SHEL Shell PLC-ADR Reduce -0.7% 0.69% −0.13
GOOGL Alphabet Inc. Class A Reduce -6.0% 1.90% −0.11
XLV SS Health Care Select Sector Reduce -33.1% 0.11% −0.09
EWW iShares MSCI Mexico ETF Reduce -59.0% 0.06% −0.08
POWA Invesco Bloomberg Pricing Po Reduce -3.0% 0.39% −0.04
REGN Regeneron Pharmaceuticals Reduce -14.2% 0.07% −0.04
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -0.5% 0.29% −0.04
B Barrick Mining Corp. Reduce -38.1% 0.04% −0.03
EWT iShares MSCI Taiwan ETF Reduce -96.6% 0.00% −0.02
EWZ iShares MSCI Brazil ETF Reduce -12.5% 0.14% −0.02
XLRE SS Real Estate Select Sector Reduce -0.6% 0.11% −0.02
PROSHARES SHORT MSCI EAFE Reduce -2.6% 0.05% −0.02
BHP BHP Group Ltd.-Spon ADR Reduce -3.8% 0.08% −0.01
DFS Discover Financial Services Sold out 0.00% −0.01
PSQ Proshares Short QQQ Reduce -42.2% 0.01% −0.01
SH Proshares Short S&P500 Sold out 0.00% −0.01
EMB iShares JP Morgan Usd Emergi Reduce -62.6% 0.00% −0.01
NVS Novartis AG-Sponsored ADR Reduce -19.4% 0.02% −0.01
LMT Lockheed Martin Corp. Reduce -4.4% 0.04% −0.01
ENVX Enovix Corp. Reduce -1.2% 0.03% +0.01
QQQ Invesco QQQ Trust Series 1 Reduce -1.0% 0.74% +0.02

Portfolio Buys Q1 2025 → Q2 2025
MSFT Microsoft Corp. Add +5.8% 5.82% +1.11
SHLD Global X Defense Tech ETF Add +12680.1% 0.75% +0.75
TEVA Teva Pharmaceutical-SP ADR New 0.49% +0.49
SE Sea Ltd.-ADR Add +22.1% 1.99% +0.48
NVDA Nvidia Corp. Add +26.5% 1.14% +0.44
DOCS Doximity Inc. Class A New 0.38% +0.38
IBIT iShares Bitcoin Trust ETF Add +20.5% 1.30% +0.36
XLU St Sr Utl SL SE SPDR ETF-Usd Add +89.8% 0.79% +0.34
UDN Invesco DB US Dollar Index B New 0.32% +0.32
DBB Invesco DB Base Metals Fund Add +274.4% 0.44% +0.30
KWEB Kranesh Csi China Internet Add +3346.7% 0.26% +0.25
SLV iShares Silver Trust New 0.22% +0.22
PALL Abrdn Physical Palladium SHS New 0.20% +0.20
AMZN Amazon.com Inc. Add +5.2% 2.89% +0.19
META Meta Platforms Inc. Class A Add +131.0% 0.30% +0.19
AVGO Broadcom Inc. Add +85.4% 0.29% +0.18
VOO Vanguard S&P 500 ETF New 0.18% +0.18
CTA Simplify Managed Futures St Add +1652.9% 0.17% +0.16
NFLX Netflix Inc. Add +38.8% 0.33% +0.14
VTI VG Morningstar TS MKT ETF-US New 0.12% +0.12
EWC iShares MSCI Canada ETF Add +36.3% 0.44% +0.12
ORCL Oracle Corp. Add +33.7% 0.19% +0.09
JPM JPMorgan Chase & Co. Add +4.3% 0.97% +0.08
CRWD CrowdStrike Holdings Inc. Class A Add +16.7% 0.23% +0.07
HR Healthcare Realty Trust Inc. New 0.07% +0.07
BRK.B Berkshire Hathaway Inc. Class B Add +903.3% 0.07% +0.07
IBM Intl Business Machines Corp. New 0.06% +0.06
XAR SS SPDR S&P Aerospace Def Add +161.7% 0.09% +0.06
CAT Caterpillar Inc. Add +2.6% 0.86% +0.05
INTU Intuit Inc. Add +341.7% 0.06% +0.05
TSLA Tesla Inc. Add +58.0% 0.12% +0.05
EMLC Vaneck JPM Em Local Curr BND Add +182.1% 0.08% +0.05
SBUX Starbucks Corp. Add +335.2% 0.07% +0.05
FICO Fair Isaac Corp. Add +277.8% 0.06% +0.04
APH Amphenol Corp. Class A New 0.04% +0.04
MAR Marriott International Class A Add +208.5% 0.06% +0.04
AMD Advanced Micro Devices Add +298.2% 0.05% +0.04
SHW The Sherwin-Williams Co. Add +358.6% 0.05% +0.04
ETN Eaton Corp. PLC Add +393.5% 0.04% +0.03
CSCO Cisco Systems Inc. Add +201.5% 0.05% +0.03
GS Goldman Sachs Group Inc. Add +26.2% 0.11% +0.03
MDT Medtronic PLC New 0.03% +0.03
GE General Electric New 0.03% +0.03
PGR Progressive Corp. New 0.03% +0.03
CME Cme Group Inc. Add +35.0% 0.16% +0.03
RCL Royal Caribbean Cruises Ltd. New 0.03% +0.03
NPK National Presto Inds Inc. New 0.03% +0.03
WMB Williams Cos Inc. New 0.03% +0.03
OKLO Oklo Inc. New 0.03% +0.03
GOOG Alphabet Inc. Class C Add +1.6% 1.61% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 434$292.1MSPY, ITOT, AAPL, IDEV, IVV
Q1 2026 441$243.6MSPY, AAPL, OUNZ, IVV, MSFT
Q4 2025 477$249.3MSPY, AAPL, MSFT, IVV, OUNZ
Q3 2025 448$218.6MSPY, AAPL, MSFT, IVV, OUNZ
Q2 2025 493$194.8MSPY, AAPL, MSFT, IVV, OUNZ
Q1 2025 325$171.9MSPY, AAPL, IDEV, IVV, MSFT
Q4 2024 312$178.6MAAPL, SPY, IVV, MSFT, IDEV
Q3 2024 313$188.7MSPY, AAPL, IDEV, MSFT, IVV
Q2 2024 314$153.2MAAPL, SPY, MSFT, EWJ, AMZN
Q1 2024 310$144.2MSPY, AAPL, MSFT, EWJ, AMZN