Tower Research Capital LLC (TRC)
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Tower Research Capital LLC (TRC) reported 5,109 stock positions worth $3.4 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 7.6% of the portfolio, followed by Microsoft (MSFT, 4.0%) and Apple (AAPL, 3.8%). Compared with Q4 2024, it opened 428 new positions, sold out of 909, added to 1,929 and reduced 2,725. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +3543%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001533421
- Portfolio Value
- $3.4B (Q1 2025)
- SEC Filing
- 0001533421-25-000007 ↗ filed May 15, 2025
Holdings Value
Holdings 5,109 stocks · $3.4B
| QQQ Invesco QQQ Trust Series 1 | 7.64% | 554,460 | $256.5M | Add +3543.4% |
| MSFT Microsoft Corp. | 4.03% | 347,973 | $135.3M | Reduce -38.7% |
| AAPL Apple Inc. | 3.76% | 571,217 | $126.2M | Reduce -48.8% |
| NVDA Nvidia Corp. | 2.96% | 949,007 | $99.3M | Reduce -45.5% |
| AMZN Amazon.com Inc. | 2.87% | 515,405 | $96.5M | Reduce -28.4% |
| META Meta Platforms Inc. Class A | 2.07% | 120,847 | $69.7M | Reduce -35.2% |
| AVGO Broadcom Inc. | 1.41% | 288,835 | $47.5M | Reduce -25.8% |
| GOOGL Alphabet Inc. Class A | 1.41% | 309,940 | $47.3M | Reduce -39.1% |
| TSLA Tesla Inc. | 1.26% | 165,163 | $42.3M | Reduce -18.9% |
| XOM Exxon Mobil Corp. | 1.24% | 356,694 | $41.6M | Add +55.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.17% | 74,561 | $39.3M | Reduce -42.0% |
| GOOG Alphabet Inc. Class C | 1.05% | 224,623 | $35.1M | Reduce -46.6% |
| IWM iShares Russell 2000 ETF | 0.82% | 137,613 | $27.5M | Add +24.0% |
| JPM JPMorgan Chase & Co. | 0.80% | 108,284 | $27.0M | Reduce -36.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.69% | 54,963 | $23.3M | Reduce -56.9% |
| LLY Eli Lilly & Co. | 0.69% | 28,140 | $23.2M | Reduce -22.5% |
| IEF iShares 7-10 Year Treasury B | 0.63% | 223,946 | $21.2M | Add +8857.8% |
| JNJ Johnson & Johnson | 0.63% | 128,680 | $21.2M | Reduce -19.0% |
| UNH Unitedhealth Group Inc. | 0.60% | 41,210 | $20.1M | Reduce -24.9% |
| PG The Procter & Gamble Co. | 0.58% | 115,097 | $19.6M | Reduce -36.7% |
| VOO Vanguard S&P 500 ETF | 0.54% | 35,404 | $18.3M | New |
| XLY SS Consumer Disc Select Sect | 0.54% | 93,815 | $18.2M | Add +598.9% |
| V Visa Inc. Class A | 0.51% | 66,477 | $17.2M | Reduce -45.8% |
| NFLX Netflix Inc. | 0.50% | 19,762 | $16.6M | Reduce -54.6% |
| HD Home Depot Inc. | 0.47% | 45,012 | $15.8M | Reduce -32.7% |
| CVX Chevron Corp. | 0.43% | 133,688 | $14.6M | Add +40.2% |
| XLK SS Technology Select Sector | 0.43% | 71,345 | $14.5M | Add +264140.7% |
| KO The Coca-Cola Co. | 0.42% | 198,159 | $14.2M | Reduce -33.1% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.41% | 42,301 | $13.8M | Add +146.8% |
| T AT&T Inc. | 0.40% | 420,085 | $13.5M | Reduce -15.2% |
| ABBV Abbvie Inc. | 0.40% | 71,346 | $13.5M | Reduce -23.2% |
| SOXL Direx Dail Semi Bu 3X Et-Usd | 0.40% | 848,775 | $13.4M | Add +44904.0% |
| MA Mastercard Inc. Class A | 0.37% | 34,453 | $12.4M | Reduce -28.2% |
| VZ Verizon Communications Inc. | 0.37% | 271,516 | $12.3M | Add +8.2% |
| NEE Nextera Energy Inc. | 0.37% | 173,344 | $12.3M | Add +20.2% |
| MCD McDonald's Corp. | 0.35% | 37,965 | $11.7M | Reduce -19.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.34% | 19,970 | $11.3M | Reduce -89.3% |
| WMT Walmart Inc. | 0.33% | 129,286 | $11.2M | Reduce -63.7% |
| QUAL iShares MSCI USA Quality Fac | 0.33% | 64,689 | $11.1M | New |
| PEP Pepsico Inc. | 0.33% | 76,748 | $11.0M | Reduce -40.3% |
| GOVT iShares US Treasury Bond ETF | 0.32% | 473,529 | $10.9M | Add +1007408.5% |
| TMO Thermo Fisher Scientific Inc. | 0.32% | 21,826 | $10.8M | Add +2.3% |
| MRK Merck & Co. Inc. | 0.32% | 113,075 | $10.6M | Reduce -14.9% |
| IWN iShares Russell 2000 Value E | 0.32% | 68,099 | $10.6M | Reduce -47.9% |
| COP Conocophillips | 0.31% | 100,673 | $10.6M | Add +67.5% |
| XLRE SS Real Estate Select Sector | 0.31% | 253,870 | $10.5M | Reduce -36.7% |
| ISRG Intuitive Surgical Inc. | 0.29% | 20,153 | $9.8M | Reduce -32.3% |
| XLP SS Consumer Staples Sel Sect | 0.29% | 120,266 | $9.6M | Add +654.4% |
| ADBE Adobe Inc. | 0.27% | 23,660 | $9.1M | Reduce -44.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.27% | 214,716 | $9.0M | Reduce -53.0% |
| OIH Vaneck Oil Services ETF | 0.26% | 33,452 | $8.9M | Add +14.9% |
| QCOM Qualcomm Inc. | 0.26% | 50,618 | $8.7M | Reduce -62.6% |
| CMCSA Comcast Corp. Class A | 0.26% | 234,394 | $8.6M | Reduce -38.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 87,757 | $8.5M | Reduce -42.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 33,730 | $8.4M | Reduce -41.6% |
| XLV SS Health Care Select Sector | 0.25% | 56,685 | $8.4M | Reduce -82.2% |
| ORCL Oracle Corp. | 0.25% | 59,976 | $8.3M | Reduce -40.7% |
| CSCO Cisco Systems Inc. | 0.25% | 134,046 | $8.2M | Reduce -60.8% |
| BSX Boston Scientific Corp. | 0.24% | 82,232 | $8.2M | Add +2.2% |
| SO The Southern Co. | 0.24% | 88,060 | $8.1M | Add +25.8% |
| WFC Wells Fargo & Co. | 0.23% | 108,875 | $7.8M | Reduce -59.9% |
| RTX RTX Corp. | 0.23% | 58,279 | $7.7M | Reduce -17.4% |
| PLTR Palantir Technologies Inc. Class A | 0.22% | 89,105 | $7.5M | Reduce -60.3% |
| EOG EOG Resources Inc. | 0.22% | 57,836 | $7.4M | Add +128.2% |
| GS Goldman Sachs Group Inc. | 0.22% | 13,437 | $7.3M | Reduce -55.2% |
| LIN Linde PLC | 0.21% | 15,318 | $7.1M | Reduce -61.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.21% | 85,132 | $7.0M | New |
| ABT Abbott Laboratories | 0.21% | 62,503 | $7.0M | Reduce -30.0% |
| WMB Williams Cos Inc. | 0.21% | 118,070 | $7.0M | Add +74.8% |
| IJR iShares Core S&P Small-Cap E | 0.21% | 66,725 | $6.9M | Add +237.9% |
| GE General Electric filed as GE AEROSPACE | 0.20% | 41,868 | $6.8M | Reduce -36.1% |
| COST Costco Wholesale Corp. | 0.20% | 7,549 | $6.8M | Reduce -81.8% |
| DUK Duke Energy Corp. | 0.19% | 53,562 | $6.5M | Add +0.7% |
| CRM Salesforce Inc. | 0.19% | 39,051 | $6.4M | Reduce -45.5% |
| IVE iShares S&P 500 Value ETF | 0.19% | 33,736 | $6.4M | Add +1686700.0% |
| PM Philip Morris International | 0.19% | 66,506 | $6.4M | Reduce -44.0% |
| AZN Astrazeneca PLC-Spons ADR | 0.19% | 86,388 | $6.3M | Add +112.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.19% | 13,116 | $6.3M | Reduce -36.6% |
| IGV iShares Expanded Tech-Softwa | 0.19% | 70,928 | $6.3M | Add +207.2% |
| AZO AutoZone Inc. | 0.19% | 1,642 | $6.3M | Add +34.7% |
| CL Colgate-Palmolive Co. | 0.19% | 66,740 | $6.3M | Add +4.8% |
| KLAC KLA Corp. | 0.18% | 9,297 | $6.2M | Reduce -50.8% |
| AMD Advanced Micro Devices | 0.18% | 60,075 | $6.2M | Reduce -70.0% |
| BP BP PLC-Spons ADR | 0.18% | 181,626 | $6.1M | Add +42.3% |
| ICE Intercontinental Exchange Inc. | 0.18% | 35,370 | $6.1M | Reduce -23.4% |
| BA The Boeing Co. | 0.18% | 33,110 | $6.0M | Reduce -47.9% |
| DHR Danaher Corp. | 0.18% | 29,150 | $6.0M | Add +2.0% |
| OKE Oneok Inc. | 0.18% | 59,477 | $5.9M | Add +13.7% |
| UBER Uber Technologies Inc. | 0.18% | 80,110 | $5.9M | Reduce -40.9% |
| RY Royal Bank of Canada | 0.17% | 50,411 | $5.7M | Add +2195.6% |
| RIO Rio Tinto PLC-Spon ADR | 0.17% | 94,568 | $5.7M | Add +60.4% |
| KMI Kinder Morgan Inc. | 0.17% | 198,930 | $5.7M | Add +119.0% |
| SPGI S&P Global Inc. | 0.17% | 11,117 | $5.6M | Reduce -24.9% |
| WELL Welltower Inc. | 0.17% | 36,375 | $5.6M | Add +53.7% |
| SPXL Direxion Daily S&P 500 Bull | 0.17% | 40,711 | $5.6M | Add +17.7% |
| BLK BlackRock Inc. | 0.16% | 5,804 | $5.5M | Reduce -28.3% |
| NOW ServiceNow Inc. | 0.16% | 6,990 | $5.4M | Reduce -56.7% |
| CAT Caterpillar Inc. | 0.16% | 16,358 | $5.4M | Reduce -48.5% |
| TMUS T-Mobile US Inc. | 0.16% | 20,275 | $5.4M | Reduce -69.8% |
| ADI Analog Devices Inc. | 0.15% | 26,088 | $5.2M | Reduce -51.6% |
Other holdings (16): bonds, preferreds, convertibles and warrants · $504K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 5,200 | $262K | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 1,800 | $132K | Add +329.6% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 1,044 | $42K | Add +124.0% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 823 | $39K | New |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 546 | $26K | New |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 150 | $1K | No change |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 37 | $854 | New |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 20 | $343 | New |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | 359 | $96 | Add +52.8% |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 274 | $33 | No change |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | 247 | $29 | No change |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | 100 | $27 | No change |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 | 90 | $16 | New |
| BZFDW Buzzfeed Inc. -CW27 | *W EXP 12/03/202 | 100 | $7 | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 156 | $5 | No change |
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | 15 | $0 | New |
Total filed on the 13F, all lines: $3.4B.
Portfolio Sells Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -89.3% | 0.34% | −1.83 |
| AAPL Apple Inc. | Reduce -48.8% | 3.76% | −1.79 |
| NVDA Nvidia Corp. | Reduce -45.5% | 2.96% | −1.69 |
| MSFT Microsoft Corp. | Reduce -38.7% | 4.03% | −0.72 |
| XLV SS Health Care Select Sector | Reduce -82.2% | 0.25% | −0.62 |
| XLI SS Industrial Select Sector | Reduce -100.0% | 0.00% | −0.60 |
| COST Costco Wholesale Corp. | Reduce -81.8% | 0.20% | −0.55 |
| GOOG Alphabet Inc. Class C | Reduce -46.6% | 1.05% | −0.54 |
| GOOGL Alphabet Inc. Class A | Reduce -39.1% | 1.41% | −0.50 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -56.9% | 0.69% | −0.38 |
| AVGO Broadcom Inc. | Reduce -25.8% | 1.41% | −0.37 |
| TSLA Tesla Inc. | Reduce -18.9% | 1.26% | −0.37 |
| WMT Walmart Inc. | Reduce -63.7% | 0.33% | −0.30 |
| AMD Advanced Micro Devices | Reduce -70.0% | 0.18% | −0.30 |
| CRM Salesforce Inc. | Reduce -45.5% | 0.19% | −0.28 |
| MU Micron Technology Inc. | Reduce -81.1% | 0.07% | −0.28 |
| NFLX Netflix Inc. | Reduce -54.6% | 0.50% | −0.27 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -100.0% | 0.00% | −0.27 |
| AMZN Amazon.com Inc. | Reduce -28.4% | 2.87% | −0.26 |
| V Visa Inc. Class A | Reduce -45.8% | 0.51% | −0.26 |
| TXN Texas Instruments Inc. | Reduce -76.3% | 0.12% | −0.24 |
| AMAT Applied Materials Inc. | Reduce -77.5% | 0.09% | −0.21 |
| INTU Intuit Inc. | Reduce -74.8% | 0.12% | −0.20 |
| BKNG Booking Holdings Inc. | Reduce -78.4% | 0.03% | −0.20 |
| HON Honeywell International Inc. | Reduce -74.2% | 0.11% | −0.19 |
| NOW ServiceNow Inc. | Reduce -56.7% | 0.16% | −0.18 |
| MAGS Roundhill Magnificent Seven | Sold out | 0.00% | −0.18 |
| AMGN Amgen Inc. | Reduce -63.1% | 0.12% | −0.17 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.16 |
| MRVL Marvell Technology Inc. | Reduce -85.8% | 0.02% | −0.16 |
| CSCO Cisco Systems Inc. | Reduce -60.8% | 0.25% | −0.16 |
| XBI SS SPDR S&P Biotech ETF | Reduce -87.4% | 0.04% | −0.15 |
| QCOM Qualcomm Inc. | Reduce -62.6% | 0.26% | −0.15 |
| WFC Wells Fargo & Co. | Reduce -59.9% | 0.23% | −0.15 |
| TMUS T-Mobile US Inc. | Reduce -69.8% | 0.16% | −0.13 |
| MA Mastercard Inc. Class A | Reduce -28.2% | 0.37% | −0.13 |
| BAC Bank of America Corp. | Reduce -53.0% | 0.27% | −0.13 |
| MDLZ Mondelez International Inc. Class A | Reduce -86.6% | 0.03% | −0.13 |
| ON On Semiconductor | Reduce -84.3% | 0.02% | −0.13 |
| ACN Accenture PLC Class A | Reduce -58.1% | 0.15% | −0.12 |
| GS Goldman Sachs Group Inc. | Reduce -55.2% | 0.22% | −0.12 |
| LRCX Lam Research Corp. | Reduce -67.3% | 0.12% | −0.12 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −0.12 |
| USMV iShares MSCI USA Min Vol Fac | Sold out | 0.00% | −0.12 |
| LIN Linde PLC | Reduce -61.5% | 0.21% | −0.12 |
| PLTR Palantir Technologies Inc. Class A | Reduce -60.3% | 0.22% | −0.11 |
| PFE Pfizer Inc. | Reduce -76.3% | 0.06% | −0.11 |
| NXPI NXP Semiconductors NV | Reduce -86.3% | 0.02% | −0.11 |
| IWN iShares Russell 2000 Value E | Reduce -47.9% | 0.32% | −0.11 |
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −0.11 |
Portfolio Buys Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | Add +3543.4% | 7.64% | +7.49 |
| XOM Exxon Mobil Corp. | Add +55.6% | 1.24% | +0.75 |
| IEF iShares 7-10 Year Treasury B | Add +8857.8% | 0.63% | +0.63 |
| VOO Vanguard S&P 500 ETF | New | 0.54% | +0.54 |
| XLY SS Consumer Disc Select Sect | Add +598.9% | 0.54% | +0.48 |
| XLK SS Technology Select Sector | Add +264140.7% | 0.43% | +0.43 |
| SOXL Direx Dail Semi Bu 3X Et-Usd | Add +44904.0% | 0.40% | +0.40 |
| IWM iShares Russell 2000 ETF | Add +24.0% | 0.82% | +0.33 |
| QUAL iShares MSCI USA Quality Fac | New | 0.33% | +0.33 |
| GOVT iShares US Treasury Bond ETF | Add +1007408.5% | 0.32% | +0.32 |
| MSTR Strategy Inc. | Add +146.8% | 0.41% | +0.31 |
| XLP SS Consumer Staples Sel Sect | Add +654.4% | 0.29% | +0.26 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.21% | +0.21 |
| COP Conocophillips | Add +67.5% | 0.31% | +0.20 |
| IVE iShares S&P 500 Value ETF | Add +1686700.0% | 0.19% | +0.19 |
| VZ Verizon Communications Inc. | Add +8.2% | 0.37% | +0.17 |
| RY Royal Bank of Canada | Add +2195.6% | 0.17% | +0.16 |
| IJR iShares Core S&P Small-Cap E | Add +237.9% | 0.21% | +0.16 |
| NEE Nextera Energy Inc. | Add +20.2% | 0.37% | +0.16 |
| CVX Chevron Corp. | Add +40.2% | 0.43% | +0.16 |
| EOG EOG Resources Inc. | Add +128.2% | 0.22% | +0.16 |
| IGV iShares Expanded Tech-Softwa | Add +207.2% | 0.19% | +0.14 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +8795.9% | 0.14% | +0.14 |
| AZN Astrazeneca PLC-Spons ADR | Add +112.0% | 0.19% | +0.14 |
| WMB Williams Cos Inc. | Add +74.8% | 0.21% | +0.14 |
| SO The Southern Co. | Add +25.8% | 0.24% | +0.13 |
| SHOP Shopify Inc. Class A | Add +611.5% | 0.14% | +0.13 |
| TD Toronto-Dominion Bank | Add +276.4% | 0.15% | +0.13 |
| KMI Kinder Morgan Inc. | Add +119.0% | 0.17% | +0.12 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +21389.5% | 0.11% | +0.11 |
| SMH Vaneck Semiconductor ETF | Add +13123.0% | 0.11% | +0.11 |
| HES Hess Corp. | Add +169.3% | 0.14% | +0.11 |
| AZO AutoZone Inc. | Add +34.7% | 0.19% | +0.11 |
| BP BP PLC-Spons ADR | Add +42.3% | 0.18% | +0.11 |
| OIH Vaneck Oil Services ETF | Add +14.9% | 0.26% | +0.11 |
| WELL Welltower Inc. | Add +53.7% | 0.17% | +0.11 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +48017.2% | 0.10% | +0.10 |
| BSX Boston Scientific Corp. | Add +2.2% | 0.24% | +0.10 |
| RIO Rio Tinto PLC-Spon ADR | Add +60.4% | 0.17% | +0.10 |
| TMO Thermo Fisher Scientific Inc. | Add +2.3% | 0.32% | +0.10 |
| IJS iShares S&P Small-Cap 600 Va | Add +1963.3% | 0.10% | +0.10 |
| MT Arcelormittal-NY Registered | Add +1112.3% | 0.10% | +0.09 |
| VGSH Vanguard Short-Term Treasury | Add +51771.0% | 0.09% | +0.09 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.09% | +0.09 |
| ARGX Argenx SE - ADR | Add +873.7% | 0.10% | +0.09 |
| KBWB Invesco KBW Bank ETF | Add +143.9% | 0.12% | +0.09 |
| ENB Enbridge Inc. | Add +1039.3% | 0.09% | +0.09 |
| RACE Ferrari NV | Add +18694.4% | 0.09% | +0.09 |
| BTI British American Tob-SP ADR | Add +32.3% | 0.15% | +0.09 |
| SGOV iShares 0-3 Month Treasury B | New | 0.09% | +0.09 |
Notes & Other Activity Q4 2024 → Q1 2025
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 5,200 | $262K |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Add +329.6% | 1,800 | $132K |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Add +124.0% | 1,044 | $42K |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 823 | $39K |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | New | 546 | $26K |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Sold out | 309 | $13Kbefore exit |
| HPKEW Highpeak Energy Inc. | *W EXP 08/21/202 | Sold out | 1,430 | $6Kbefore exit |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | New | 37 | $854 |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Sold out | 21 | $788before exit |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | Sold out | 228 | $734before exit |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | Sold out | 20 | $545before exit |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | New | 20 | $343 |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | Sold out | 18 | $252before exit |
| CLSKW Cleanspark Inc.-29 | *W EXP 12/29/202 | Sold out | 306 | $220before exit |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | Sold out | 269 | $206before exit |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Sold out | 22 | $181before exit |
| AVPTW Avepoint Inc.-CW24 | *W EXP 09/18/202 | Sold out | 29 | $164before exit |
| GRND.WS Grindr Inc. -26 | *W EXP 11/18/202 | Sold out | 24 | $162before exit |
| SOUNW Soundhound AI Inc. | *W EXP 04/26/202 | Sold out | 14 | $162before exit |
| QBTS.WS D-Wave Quantum Inc. -27 | *W EXP 08/05/202 | Sold out | 40 | $156before exit |
| EOS ENERGY ENTER -CW26 | *W EXP 11/17/202 | Sold out | 151 | $148before exit |
| BBAI.WS Bigbear.ai Holdings -CW28 | *W EXP 12/08/202 | Sold out | 77 | $122before exit |
| AFRIW Forafric Global PLC -CW27 | *W EXP 06/09/202 | Sold out | 94 | $112before exit |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | Add +52.8% | 359 | $96 |
| FASWF Stonebridge Acquisition-CW23 | *W EXP 04/02/202 | Sold out | 733 | $95before exit |
| SCLXW Vickers Vantage Corp. I -CW27 | *W EXP 11/10/202 | Sold out | 418 | $88before exit |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | Sold out | 73 | $77before exit |
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | Sold out | 358 | $75before exit |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | Sold out | 57 | $50before exit |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | Sold out | 83 | $48before exit |
| CDROW Codere Online Luxembou -CW | *W EXP 11/23/202 | Sold out | 78 | $47before exit |
| PSQH.WS Colombier Acq Class A -CW28 | *W EXP 07/19/202 | Sold out | 58 | $46before exit |
| TLSIW Medtech Acquisition Corp.-CW | *W EXP 08/10/202 | Sold out | 42 | $46before exit |
| SEATW Vivid Seats Inc. -CW26 | *W EXP 10/18/202 | Sold out | 123 | $44before exit |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | Sold out | 36 | $38before exit |
| TBLAW Taboola.com Ltd. -CW27 | *W EXP 99/99/999 | Sold out | 120 | $38before exit |
| RUMBW Rumble Inc.-CW28 | *W EXP 09/16/202 | Sold out | 6 | $30before exit |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Sold out | 1 | $28before exit |
| GRMLW Anew Medical Inc. | *W EXP 06/21/202 | Sold out | 552 | $26before exit |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | Sold out | 128 | $20before exit |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 | New | 90 | $16 |
| SATLW Satellogic Inc.-A -23 | *W EXP 01/25/202 | Sold out | 41 | $15before exit |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | Sold out | 137 | $14before exit |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | Sold out | 44 | $13before exit |
| EUDAW 8I Acquisition 2 Corp. -CW22 | *W EXP 11/22/202 | Sold out | 100 | $13before exit |
| STRATA CRITICAL MEDICAL INC | *W EXP 05/07/202 | Sold out | 22 | $9before exit |
| MOBXW Chavrant Capital Acq -CW23 | *W EXP 12/21/202 | Sold out | 73 | $9before exit |
| PGYWW Pagaya Technologies Ltd. -27 | *W EXP 99/99/999 | Sold out | 155 | $9before exit |
| AMBWQ Ambipar Emergency Respons-28 | *W EXP 03/03/202 | Sold out | 26 | $8before exit |
| DFLIW Chardan Nextech Acquisi-CW27 | *W EXP 10/07/202 | Sold out | 213 | $6before exit |
Showing the first 50 of 89.
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 | 5,161 | $4.1B | SPY, NVDA, IVV, AAPL, SPIB |
| Q1 2026 | 5,066 | $3.8B | QQQ, SOXL, AAPL, MSFT, MU |
| Q4 2025 | 5,101 | $4.1B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q3 2025 | 5,175 | $3.6B | SPY, NVDA, MSFT, AAPL, AMZN |
| Q2 2025 | 5,219 | $3.7B | SPY, MSFT, NVDA, AAPL, QQQ |
| Q1 2025 | 5,109 | $3.4B | QQQ, MSFT, AAPL, NVDA, AMZN |
| Q4 2024 | 5,588 | $5.0B | AAPL, MSFT, NVDA, AMZN, SPY |
| Q3 2024 | 5,598 | $3.8B | QQQ, SPY, SMCI, MSFT, NVDA |
| Q2 2024 | 5,573 | $5.9B | MSFT, AAPL, NVDA, SPY, AMZN |
| Q1 2024 | 5,738 | $4.2B | SPY, MSFT, NVDA, AAPL, AMZN |