Q2 2025 Holdings
Filed 2025-08-14 | 1132 holdings | $12.9B | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Spdr Gold TR(GLD)Call | GOLD SHS | 78463V107 | $1.1B | 3,726,900 | 8.8% |
| Spdr S&P 500 ETF TR(SPY)Put | TR UNIT | 78462F103 | $709.0M | 1,147,500 | 5.5% |
| Select Sector Spdr TR(XLK)Put | TECHNOLOGY | 81369Y803 | $556.1M | 2,196,000 | 4.3% |
| Ishares TR(EEM)Put | MSCI EMG MKT ETF | 464287234 | $496.0M | 10,282,400 | 3.8% |
| Ishares TR(HYG)Put | IBOXX HI YD ETF | 464288513 | $443.7M | 5,501,100 | 3.4% |
| Nvidia Corporation(NVDA)Put | COM | 67066G104 | $259.7M | 1,644,000 | 2.0% |
| Select Sector Spdr TR(XLF)Put | FINANCIAL | 81369Y605 | $222.6M | 4,250,000 | 1.7% |
| Nvidia Corporation(NVDA) | COM | 67066G104 | $214.0M | 1,354,281 | 1.7% |
| Tesla Inc(TSLA)Put | COM | 88160R101 | $195.9M | 616,700 | 1.5% |
| Spdr Gold TR(GLD)Put | GOLD SHS | 78463V107 | $193.3M | 634,200 | 1.5% |
| Select Sector Spdr TR(XLE)Put | ENERGY | 81369Y506 | $184.1M | 2,170,500 | 1.4% |
| Spdr S&P 500 ETF TR(SPY)Call | TR UNIT | 78462F103 | $166.8M | 270,000 | 1.3% |
| Ishares TR(FXI)Put | CHINA LG-CAP ETF | 464287184 | $156.2M | 4,250,000 | 1.2% |
| Vaneck ETF Trust(GDX)Put | GOLD MINERS ETF | 92189F106 | $148.4M | 2,850,000 | 1.2% |
| Vaneck ETF Trust(GDX)Call | GOLD MINERS ETF | 92189F106 | $145.3M | 2,791,100 | 1.1% |
| Tesla Inc(TSLA) | COM | 88160R101 | $134.5M | 423,443 | 1.0% |
| American Tower Corp New(AMT) | COM | 03027X100 | $112.9M | 510,744 | 0.9% |
| Brown & Brown Inc(BRO) | COM | 115236101 | $110.6M | 997,801 | 0.9% |
| Microstrategy Inc(MSTR)Put | CL A NEW | 594972408 | $110.4M | 273,000 | 0.9% |
| Expand Energy Corporation(EXE) | COM | 165167735 | $91.4M | 781,475 | 0.7% |
| Williams COS Inc(WMB) | COM | 969457100 | $90.3M | 1,436,930 | 0.7% |
| Ishares Bitcoin Trust ETF(IBIT) | SHS BEN INT | 46438F101 | $89.2M | 1,456,923 | 0.7% |
| Ishares TR(EEM) | MSCI EMG MKT ETF | 464287234 | $88.5M | 1,835,021 | 0.7% |
| Ishares Inc(EWZ)Put | MSCI BRAZIL ETF | 464286400 | $79.3M | 2,748,000 | 0.6% |
| Ecolab Inc(ECL) | COM | 278865100 | $75.4M | 280,007 | 0.6% |
| Ishares TR(FXI)Call | CHINA LG-CAP ETF | 464287184 | $73.5M | 2,000,000 | 0.6% |
| Draftkings Inc New(DKNG) | COM CL A | 26142V105 | $70.5M | 1,644,603 | 0.5% |
| Boeing Co(BA)Call | COM | 097023105 | $62.9M | 300,000 | 0.5% |
| Salesforce Inc(CRM) | COM | 79466L302 | $61.5M | 225,618 | 0.5% |
| Ishares TR(EEM)Call | MSCI EMG MKT ETF | 464287234 | $60.3M | 1,250,000 | 0.5% |
| Comcast Corp New(CMCSA) | CL A | 20030N101 | $59.6M | 1,669,155 | 0.5% |
| Warner Bros Discovery Inc(WBD) | COM SER A | 934423104 | $58.9M | 5,137,218 | 0.5% |
| ARK ETF TR(ARKK)Put | INNOVATION ETF | 00214Q104 | $58.3M | 830,000 | 0.5% |
| Ishares Inc(EWZ)Call | MSCI BRAZIL ETF | 464286400 | $57.7M | 2,000,000 | 0.4% |
| Warner Music Group Corp(WMG) | COM CL A | 934550203 | $55.1M | 2,023,882 | 0.4% |
| Microstrategy Inc(MSTR) | CL A NEW | 594972408 | $54.5M | 134,916 | 0.4% |
| Coupang Inc(CPNG) | CL A | 22266T109 | $52.3M | 1,746,023 | 0.4% |
| Spdr Gold TR(GLD) | GOLD SHS | 78463V107 | $51.1M | 167,559 | 0.4% |
| AIR Prods & Chems Inc(APD) | COM | 009158106 | $51.1M | 181,048 | 0.4% |
| Select Sector Spdr TR(XLK)Call | TECHNOLOGY | 81369Y803 | $50.6M | 200,000 | 0.4% |
| Select Sector Spdr TR(XLE)Call | ENERGY | 81369Y506 | $48.3M | 570,000 | 0.4% |
| Wayfair Inc(W) | CL A | 94419L101 | $48.0M | 939,098 | 0.4% |
| Autodesk Inc(ADSK) | COM | 052769106 | $47.8M | 154,474 | 0.4% |
| Honeywell Intl Inc(HON) | COM | 438516106 | $47.6M | 204,315 | 0.4% |
| Wesco Intl Inc(WCC) | COM | 95082P105 | $47.4M | 256,157 | 0.4% |
| Knight-Swift Transn Hldgs in(KNX) | CL A | 499049104 | $46.7M | 1,056,876 | 0.4% |
| Bank America Corp(BAC) | COM | 060505104 | $45.6M | 963,413 | 0.4% |
| Ishares TR(EFA)Put | MSCI EAFE ETF | 464287465 | $44.7M | 500,000 | 0.3% |
| Ishares Bitcoin Trust ETF(IBIT)Put | SHS BEN INT | 46438F101 | $44.6M | 729,400 | 0.3% |
| Sherwin Williams Co(SHW) | COM | 824348106 | $43.2M | 125,702 | 0.3% |