Thor Investment Management Inc. /Oh/ In its 13F for Q1 2026 (holdings as of March 31, 2026, filed July 9, 2026), Thor Investment Management Inc. /Oh/ reported 42 stock positions worth $188.1 million . Its top holding was Vaneck Junior Gold Miners (GDXJ) at 25.6% of the portfolio, followed by Quadratic Int Rte Vol Infl H (IVOL, 12.2% ) and Applied Digital (APLD, 5.1% ). Compared with Q4 2025, it opened 3 new positions, added to 20 and reduced 16. The biggest buy was Propetro (PUMP, shares +22% ) and the biggest sale Quadratic Int Rte Vol Infl H (IVOL, shares −5% ).
Location CINCINNATI, OH
CIK 0000883734
Portfolio Value $188.1M (Q1 2026) Holdings 42 stocks · $188.1M 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 2025 GDXJ Vaneck Junior Gold Miners 401,155 $48.2M Reduce -2.2% IVOL Quadratic Int Rte Vol Infl H 1,225,885 $22.9M Reduce -5.2% APLD Applied Digital Corp. 404,414 $9.6M Reduce -0.5% PUMP Propetro Holding Corp. 626,064 $9.0M Add +22.3% LNG Cheniere Energy Inc. 31,549 $9.0M Add +0.1% VRT Vertiv Holdings Co. Class A 34,301 $8.6M Reduce -0.8% MLPX Global X MLP & Energy Infras 105,832 $7.8M Reduce -17.1% BMY Bristol-Myers Squibb Co. 99,879 $6.1M Add +4.0% GNRC Generac Holdings Inc. 26,926 $5.3M Reduce -0.3% PBF PBF Energy Inc. Class A 86,647 $4.1M Reduce -58.6% NOMD Nomad Foods Ltd. 399,723 $3.8M Add +110.8% FISV Fiserv Inc. 65,891 $3.7M New ASO Academy Sports & Outdoors Inc. 63,853 $3.6M Add +0.4% HAS Hasbro Inc. 37,868 $3.5M Add +1.1% ROP Roper Technologies Inc. 9,956 $3.5M Add +269.8% SGDM Sprott Gold Miners ETF 46,326 $3.5M Reduce -4.0% GILD Gilead Sciences Inc. 23,218 $3.2M Reduce -55.4% LULU Lululemon Athletica Inc. 20,999 $3.2M Add +4.6% ADBE Adobe Inc. 12,667 $3.1M Add +50.5% ICE Intercontinental Exchange Inc. 19,043 $3.0M Add +3.4% GDX Vaneck Gold Miners ETF 31,982 $2.9M Reduce -0.9% GDDY GoDaddy Inc. Class A 22,348 $1.8M Add +10.1% BIIB Biogen Inc. 9,921 $1.8M Add +19.3% OSW Onespaworld Holdings Ltd. 77,316 $1.8M Reduce -0.4% MLPA Global X MLP ETF 32,555 $1.8M Reduce -13.8% APTV Aptiv PLC 20,028 $1.4M Add +1.3% OEC Orion SA 212,309 $1.4M Add +2.8% ICLR Icon PLC 12,417 $1.4M Add +1.6% COM Direxion Auspice BRD Cmdty 40,268 $1.4M Reduce -2.7% CRM Salesforce Inc. 6,029 $1.1M Add +4.8% LKQ LKQ Corp. 36,147 $1.1M Add +9.3% SCHW Schwab (charles) Corp. 10,837 $1.0M Add +0.3% DBMF Imgp Dbi MFT STR ETF-Usd Inc. 32,744 $987K Add +0.0% PG The Procter & Gamble Co. 6,546 $946K Reduce -25.8% EEMS iShares MSCI Emerging MKT SM 7,326 $507K Add +12.3% AAPL Apple Inc. 1,717 $436K Reduce -12.4% VTV Vanguard Mrngstr Val ETF-Aui 2,035 $399K No change TNGY Tortoise Energy ETF 27,754 $289K No change LLY Eli Lilly & Co. 310 $285K New AVDV Avantis Intl S/C Value ETF 2,400 $240K Reduce -53.0% CAT Caterpillar Inc. 320 $227K New IJH iShares Core S&P Midcap ETF 3,290 $222K No change
Options reported separately and not counted above: GDXJ calls ($84K), PUMP calls ($73K), BMY calls ($42K), OEC calls ($29K), FISV calls ($28K), BIIB calls ($18K), PBF calls ($14K), APTV calls ($14K).
Portfolio Sells Q4 2025 → Q1 2026 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 2025 % Of Portfolio Change To Portfolio ▲ IVOL Quadratic Int Rte Vol Infl H Reduce -5.2% 12.19% −2.02 GILD Gilead Sciences Inc. Reduce -55.4% 1.72% −1.95 GDXJ Vaneck Junior Gold Miners Reduce -2.2% 25.60% −1.17 PBF PBF Energy Inc. Class A Reduce -58.6% 2.19% −1.07 APLD Applied Digital Corp. Reduce -0.5% 5.10% −0.62 MLPX Global X MLP & Energy Infras Reduce -17.1% 4.16% −0.28 PG The Procter & Gamble Co. Reduce -25.8% 0.50% −0.22 AVDV Avantis Intl S/C Value ETF Reduce -53.0% 0.13% −0.15 MLPA Global X MLP ETF Reduce -13.8% 0.93% −0.12 AAPL Apple Inc. Reduce -12.4% 0.23% −0.07 SGDM Sprott Gold Miners ETF Reduce -4.0% 1.86% −0.07 GDX Vaneck Gold Miners ETF Reduce -0.9% 1.56% −0.03 COM Direxion Auspice BRD Cmdty Reduce -2.7% 0.72% +0.02 OSW Onespaworld Holdings Ltd. Reduce -0.4% 0.94% +0.02 GNRC Generac Holdings Inc. Reduce -0.3% 2.80% +0.68 VRT Vertiv Holdings Co. Class A Reduce -0.8% 4.57% +1.36
Portfolio Buys Q4 2025 → Q1 2026 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 2025 % Of Portfolio Change To Portfolio ▼ PUMP Propetro Holding Corp. Add +22.3% 4.80% +2.00 FISV Fiserv Inc. New 1.95% +1.95 LNG Cheniere Energy Inc. Add +0.1% 4.76% +1.24 ROP Roper Technologies Inc. Add +269.8% 1.87% +1.19 NOMD Nomad Foods Ltd. Add +110.8% 2.04% +0.68 BMY Bristol-Myers Squibb Co. Add +4.0% 3.22% +0.25 LLY Eli Lilly & Co. New 0.15% +0.15 BIIB Biogen Inc. Add +19.3% 0.97% +0.13 HAS Hasbro Inc. Add +1.1% 1.88% +0.12 CAT Caterpillar Inc. New 0.12% +0.12 OEC Orion SA Add +2.8% 0.73% +0.11 ASO Academy Sports & Outdoors Inc. Add +0.4% 1.92% +0.09 EEMS iShares MSCI Emerging MKT SM Add +12.3% 0.27% +0.02 DBMF Imgp Dbi MFT STR ETF-Usd Inc. Add +0.0% 0.52% −0.00 LKQ LKQ Corp. Add +9.3% 0.56% −0.01 ADBE Adobe Inc. Add +50.5% 1.64% −0.05 SCHW Schwab (charles) Corp. Add +0.3% 0.54% −0.08 ICE Intercontinental Exchange Inc. Add +3.4% 1.59% −0.12 APTV Aptiv PLC Add +1.3% 0.74% −0.12 CRM Salesforce Inc. Add +4.8% 0.60% −0.28 GDDY GoDaddy Inc. Class A Add +10.1% 0.98% −0.46 ICLR Icon PLC Add +1.6% 0.73% −0.55 LULU Lululemon Athletica Inc. Add +4.6% 1.71% −0.69
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ GDXJ Vaneck Junior Gold Miners call Add +133.3% 700 $84K PUMP Propetro Holding Corp. call Reduce -60.8% 5,100 $73K BMY Bristol-Myers Squibb Co. call Add +40.0% 700 $42K GILD Gilead Sciences Inc. call Sold out 300 $37Kbefore exit FISV Fiserv Inc. call New 500 $28K PBF PBF Energy Inc. Class A call Reduce -62.5% 300 $14K
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