Q4 2025 Holdings
Filed 2026-02-17 | 1186 holdings | $20.7B | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↑ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Ishares Inc(EWZ)Call | MSCI BRAZIL ETF | 464286400 | $96.2M | 3,027,900 | 0.5% |
| Kraneshares Trust(KWEB)Call | CSI CHI INTERNET | 500767306 | $98.0M | 2,878,600 | 0.5% |
| Vaneck ETF Trust(GDX)Call | GOLD MINERS ETF | 92189F106 | $104.5M | 1,218,700 | 0.5% |
| Alphabet Inc(GOOGL) | CAP STK CL A | 02079K305 | $109.3M | 349,144 | 0.5% |
| Select Sector Spdr TR(XLE)Put | STATE STREET ENE | 81369Y506 | $113.8M | 2,545,000 | 0.6% |
| CSX Corp(CSX) | COM | 126408103 | $116.9M | 3,224,264 | 0.6% |
| Amazon COM Inc(AMZN) | COM | 023135106 | $120.2M | 520,960 | 0.6% |
| Home Depot Inc(HD) | COM | 437076102 | $121.1M | 351,833 | 0.6% |
| Ishares TR(TLT)Put | 20 YR TR BD ETF | 464287432 | $127.5M | 1,462,300 | 0.6% |
| Alphabet Inc(GOOGL)Put | CAP STK CL A | 02079K305 | $128.0M | 408,900 | 0.6% |
| Ishares TR(LQD)Put | IBOXX INV CP ETF | 464287242 | $132.2M | 1,200,000 | 0.6% |
| Anglogold Ashanti PLC(AU)Put | COM SHS | G0378L100 | $132.6M | 1,555,000 | 0.6% |
| Broadcom Inc(AVGO) | COM | 11135F101 | $132.9M | 383,882 | 0.6% |
| Nvidia Corporation(NVDA)Put | COM | 67066G104 | $137.9M | 739,300 | 0.7% |
| Boeing Co(BA) | COM | 097023105 | $149.7M | 689,524 | 0.7% |
| Vaneck ETF Trust(GDXJ)Put | JUNIOR GOLD MINE | 92189F791 | $153.6M | 1,349,600 | 0.7% |
| Spdr Gold TR(GLD)Put | GOLD SHS | 78463V107 | $159.8M | 403,100 | 0.8% |
| Spdr S&P 500 ETF TR(SPY)Call | TR UNIT | 78462F103 | $170.5M | 250,000 | 0.8% |
| Ishares TR(FXI)Put | CHINA LG-CAP ETF | 464287184 | $171.1M | 4,469,000 | 0.8% |
| Tesla Inc(TSLA)Put | COM | 88160R101 | $172.2M | 382,900 | 0.8% |
| Select Sector Spdr TR(XLK)Put | STATE STREET TEC | 81369Y803 | $177.1M | 1,230,200 | 0.9% |
| Vaneck ETF Trust(SMH)Put | SEMICONDUCTR ETF | 92189F676 | $196.3M | 545,000 | 0.9% |
| Select Sector Spdr TR(XLF)Put | STATE STREET FIN | 81369Y605 | $205.1M | 3,744,100 | 1.0% |
| Nvidia Corporation(NVDA) | COM | 67066G104 | $209.1M | 1,121,223 | 1.0% |
| Boeing Co(BA)Call | COM | 097023105 | $217.1M | 1,000,000 | 1.0% |
| Tesla Inc(TSLA) | COM | 88160R101 | $217.3M | 483,245 | 1.1% |
| Spdr S&P 500 ETF TR(SPY) | TR UNIT | 78462F103 | $218.6M | 320,524 | 1.1% |
| Spdr Series Trust(KRE)Put | STATE STREET SPD | 78464A698 | $232.9M | 3,593,100 | 1.1% |
| Ishares TR(IWM)Put | RUSSELL 2000 ETF | 464287655 | $320.0M | 1,300,000 | 1.5% |
| Vaneck ETF Trust(GDX)Put | GOLD MINERS ETF | 92189F106 | $337.1M | 3,930,700 | 1.6% |
| Ishares TR(TLT)Call | 20 YR TR BD ETF | 464287432 | $507.9M | 5,826,900 | 2.5% |
| Ishares TR(EEM)Put | MSCI EMG MKT ETF | 464287234 | $568.5M | 10,391,000 | 2.7% |
| Spdr S&P 500 ETF TR(SPY)Put | TR UNIT | 78462F103 | $922.0M | 1,352,000 | 4.5% |
| Ishares TR(HYG)Put | IBOXX HI YD ETF | 464288513 | $938.9M | 11,645,100 | 4.5% |
| Ishares TR(IVV) | CORE S&P500 ETF | 464287200 | $1.2B | 1,685,361 | 5.6% |
| Spdr Gold TR(GLD)Call | GOLD SHS | 78463V107 | $1.4B | 3,546,500 | 6.8% |