Thor Investment Management Inc. /Oh/ In its 13F for Q4 2024 (holdings as of December 31, 2024, filed July 9, 2026), Thor Investment Management Inc. /Oh/ reported 40 stock positions worth $129.8 million . Its top holding was Quadratic Int Rte Vol Infl H (IVOL) at 17.5% of the portfolio, followed by Vaneck Junior Gold Miners (GDXJ, 15.0% ) and Cheniere Energy (LNG, 5.1% ). Compared with Q3 2024, it sold out of 3, added to 25 and reduced 11. The biggest buy was Cheniere Energy (LNG, shares +1% ) and the biggest sale Quadratic Int Rte Vol Infl H (IVOL, shares −10% ).
Location CINCINNATI, OH
CIK 0000883734
Portfolio Value $129.8M (Q4 2024) Holdings 40 stocks · $129.8M 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 Q3 2024 IVOL Quadratic Int Rte Vol Infl H 1,282,150 $22.7M Reduce -10.2% GDXJ Vaneck Junior Gold Miners 454,176 $19.4M Reduce -0.3% LNG Cheniere Energy Inc. 30,535 $6.6M Add +1.2% MLPX Global X MLP & Energy Infras 102,914 $6.2M Add +0.4% GDDY GoDaddy Inc. Class A 28,699 $5.7M Reduce -33.7% COM Direxion Auspice BRD Cmdty 182,928 $5.2M Add +1.0% GILD Gilead Sciences Inc. 52,415 $4.8M Add +1.4% BMY Bristol-Myers Squibb Co. 85,049 $4.8M Add +2.9% VRT Vertiv Holdings Co. Class A 36,958 $4.2M Reduce -6.6% PBF PBF Energy Inc. Class A 158,070 $4.2M Add +56.0% ASO Academy Sports & Outdoors Inc. 68,260 $3.9M Add +2.9% GNRC Generac Holdings Inc. 24,474 $3.8M Add +0.1% AER Aercap Holdings NV 33,853 $3.2M Add +1.3% APLD Applied Digital Corp. 397,417 $3.0M Add +0.7% NOMD Nomad Foods Ltd. 158,194 $2.7M Add +4.0% PUMP Propetro Holding Corp. 279,009 $2.6M Add +17.1% ICE Intercontinental Exchange Inc. 17,170 $2.6M Add +2.0% OEC Orion SA 159,764 $2.5M Add +131.1% MLPA Global X MLP ETF 37,258 $1.8M Add +0.7% HAS Hasbro Inc. 32,619 $1.8M Add +3.1% ICLR Icon PLC 8,607 $1.8M Add +1.5% CRM Salesforce Inc. 5,233 $1.7M Add +0.8% PG The Procter & Gamble Co. 9,272 $1.6M Reduce -4.0% SGDM Sprott Gold Miners ETF 51,017 $1.4M Reduce -5.7% BIIB Biogen Inc. 8,970 $1.4M Add +3.0% LKQ LKQ Corp. 36,927 $1.4M Add +52.0% KLAC KLA Corp. 2,045 $1.3M Add +0.7% GDX Vaneck Gold Miners ETF 34,842 $1.2M Reduce -3.1% APTV Aptiv PLC 19,239 $1.2M Add +168.1% DBMF Imgp Dbi MFT STR ETF-Usd Inc. 42,850 $1.1M No change SCHW Schwab (charles) Corp. 10,670 $790K Add +0.3% AVDV Avantis Intl S/C Value ETF 11,511 $749K Reduce -0.1% EEMS iShares MSCI Emerging MKT SM 7,435 $432K Add +9.8% EME Emcor Group Inc. 775 $352K No change VTV Vanguard Mrngstr Val ETF-Aui 2,035 $345K Reduce -21.8% MSFT Microsoft Corp. 704 $297K Add +2.6% AAPL Apple Inc. 1,182 $296K Reduce -2.3% GOOGL Alphabet Inc. Class A 1,309 $248K Reduce -3.4% DUK Duke Energy Corp. 2,198 $237K No change IJH iShares Core S&P Midcap ETF 3,400 $212K No change
Options reported separately and not counted above: GDXJ calls ($60K), PUMP calls ($44K), GILD calls ($37K), PBF calls ($27K), APTV calls ($12K), BMY calls ($11K).
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ IVOL Quadratic Int Rte Vol Infl H Reduce -10.2% 17.52% −2.55 CVS CVS Health Corp. Sold out 0.00% −1.67 GDXJ Vaneck Junior Gold Miners Reduce -0.3% 14.96% −1.27 GDDY GoDaddy Inc. Class A Reduce -33.7% 4.36% −0.59 DG Dollar General Corp. Sold out 0.00% −0.39 GPC Genuine Parts Co. Sold out 0.00% −0.21 GDX Vaneck Gold Miners ETF Reduce -3.1% 0.91% −0.13 SGDM Sprott Gold Miners ETF Reduce -5.7% 1.09% −0.13 VTV Vanguard Mrngstr Val ETF-Aui Reduce -21.8% 0.27% −0.07 PG The Procter & Gamble Co. Reduce -4.0% 1.20% −0.02 AVDV Avantis Intl S/C Value ETF Reduce -0.1% 0.58% −0.02 AAPL Apple Inc. Reduce -2.3% 0.23% +0.02 GOOGL Alphabet Inc. Class A Reduce -3.4% 0.19% +0.03 VRT Vertiv Holdings Co. Class A Reduce -6.6% 3.23% +0.36
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ LNG Cheniere Energy Inc. Add +1.2% 5.05% +1.09 OEC Orion SA Add +131.1% 1.94% +1.04 PBF PBF Energy Inc. Class A Add +56.0% 3.23% +0.94 MLPX Global X MLP & Energy Infras Add +0.4% 4.80% +0.73 PUMP Propetro Holding Corp. Add +17.1% 2.01% +0.67 BMY Bristol-Myers Squibb Co. Add +2.9% 3.71% +0.58 GILD Gilead Sciences Inc. Add +1.4% 3.73% +0.57 APTV Aptiv PLC Add +168.1% 0.90% +0.52 LKQ LKQ Corp. Add +52.0% 1.05% +0.34 CRM Salesforce Inc. Add +0.8% 1.35% +0.31 ASO Academy Sports & Outdoors Inc. Add +2.9% 3.03% +0.20 COM Direxion Auspice BRD Cmdty Add +1.0% 3.99% +0.19 AER Aercap Holdings NV Add +1.3% 2.50% +0.19 MLPA Global X MLP ETF Add +0.7% 1.42% +0.12 SCHW Schwab (charles) Corp. Add +0.3% 0.61% +0.11 GNRC Generac Holdings Inc. Add +0.1% 2.92% +0.09 EEMS iShares MSCI Emerging MKT SM Add +9.8% 0.33% +0.02 MSFT Microsoft Corp. Add +2.6% 0.23% +0.01 ICE Intercontinental Exchange Inc. Add +2.0% 1.97% −0.00 APLD Applied Digital Corp. Add +0.7% 2.34% −0.04 NOMD Nomad Foods Ltd. Add +4.0% 2.04% −0.07 KLAC KLA Corp. Add +0.7% 0.99% −0.15 BIIB Biogen Inc. Add +3.0% 1.06% −0.18 HAS Hasbro Inc. Add +3.1% 1.40% −0.27 ICLR Icon PLC Add +1.5% 1.39% −0.39
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ APTV Aptiv PLC call New 200 $12K BMY Bristol-Myers Squibb Co. call New 200 $11K
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 48 $175.5M GDXJ, IVOL, VRT, APLD, PUMP Q1 2026 42 $188.1M GDXJ, IVOL, APLD, PUMP, LNG Q4 2025 39 $174.3M GDXJ, IVOL, APLD, MLPX, GILD Q3 2025 40 $166.0M GDXJ, IVOL, APLD, MLPX, LNG Q2 2025 40 $147.3M GDXJ, IVOL, LNG, MLPX, GILD Q1 2025 35 $136.2M GDXJ, IVOL, LNG, MLPX, GILD Q4 2024 40 $129.8M IVOL, GDXJ, LNG, MLPX, GDDY Q3 2024 43 $137.0M IVOL, GDXJ, GDDY, MLPX, LNG Q2 2024 42 $127.3M IVOL, GDXJ, GDDY, COM, MLPX Q1 2024 42 $126.1M IVOL, GDXJ, AER, PBF, GDDY