Q4 2025 Holdings
Filed 2026-02-17 | 1004 holdings | $4.4B | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Spdr S&P 500 ETF TR(SPY)Call | TR UNIT | 78462F103 | $986.8M | 15,389,100 | 22.6% |
| Vanguard Intl Equity Index F(VWO) | FTSE EMR MKT ETF | 922042858 | $366.6M | 6,818,703 | 8.4% |
| Invesco QQQ TR(QQQ)Call | UNIT SER 1 | 46090E103 | $312.5M | 3,315,300 | 7.2% |
| Spdr S&P 500 ETF TR(SPY)Put | TR UNIT | 78462F103 | $193.2M | 24,282,700 | 4.4% |
| Vanguard Intl Equity Index F(VPL) | FTSE PACIFIC ETF | 922042866 | $82.7M | 915,083 | 1.9% |
| Ishares TR(MCHI) | MSCI CHINA ETF | 46429B671 | $80.3M | 1,336,823 | 1.8% |
| Strategy Inc(MSTR) | CL A NEW | 594972408 | $75.2M | 494,536 | 1.7% |
| Tesla Inc(TSLA) | COM | 88160R101 | $71.8M | 159,490 | 1.6% |
| Ishares TR(EFA)Call | MSCI EAFE ETF | 464287465 | $61.7M | 5,499,700 | 1.4% |
| Ishares Inc(EWZ) | MSCI BRAZIL ETF | 464286400 | $61.2M | 1,926,675 | 1.4% |
| Strategy Inc(MSTR)Put | CL A NEW | 594972408 | $59.0M | 849,800 | 1.4% |
| Invesco QQQ TR(QQQ) | UNIT SER 1 | 46090E103 | $50.7M | 82,529 | 1.2% |
| Invesco QQQ TR(QQQ)Put | UNIT SER 1 | 46090E103 | $49.3M | 3,283,800 | 1.1% |
| DBX ETF TR(ASHR) | XTRACK HRVST CSI | 233051879 | $37.7M | 1,147,397 | 0.9% |
| Novartis AG(NVSN) | SPONSORED ADR | 66987V109 | $35.2M | 254,991 | 0.8% |
| BP PLC(BP) | SPONSORED ADR | 055622104 | $31.5M | 906,324 | 0.7% |
| Invesco Exchange Traded FD T(RSP) | S&P500 EQL WGT | 46137V357 | $30.0M | 156,354 | 0.7% |
| Ishares TR(IWM)Call | RUSSELL 2000 ETF | 464287655 | $28.9M | 1,786,000 | 0.7% |
| Ishares TR(INDA) | MSCI INDIA ETF | 46429B598 | $27.7M | 512,575 | 0.6% |
| Kraneshares Trust(KWEB) | CSI CHI INTERNET | 500767306 | $26.9M | 788,806 | 0.6% |
| Ishares Inc(ESGE) | ESG AWR MSCI EM | 46434G863 | $24.6M | 555,947 | 0.6% |
| Wisdomtree TR(EPI) | INDIA ERNGS FD | 97717W422 | $24.3M | 525,859 | 0.6% |
| Taiwan Semiconductor MFG LTD(TSM) | SPONSORED ADS | 874039100 | $22.2M | 72,957 | 0.5% |
| Astrazeneca PLC(AZN) | SPONSORED ADR | 046353108 | $21.9M | 238,008 | 0.5% |
| Vanguard Intl Equity Index F(VEU) | ALLWRLD EX US | 922042775 | $20.3M | 276,349 | 0.5% |
| Ishares TR(TLT) | 20 YR TR BD ETF | 464287432 | $19.0M | 218,285 | 0.4% |
| Telefonaktiebolaget LM Erics(ERIC) | ADR B SEK 10 | 294821608 | $18.9M | 1,954,922 | 0.4% |
| Vanguard Scottsdale FDS(VCIT) | INT-TERM CORP | 92206C870 | $18.1M | 216,070 | 0.4% |
| Coinbase Global Inc(COIN) | COM CL A | 19260Q107 | $18.0M | 79,402 | 0.4% |
| Vaneck ETF Trust(SMH) | SEMICONDUCTR ETF | 92189F676 | $17.6M | 48,917 | 0.4% |
| Ishares TR(IGF) | GLB INFRASTR ETF | 464288372 | $17.1M | 279,042 | 0.4% |
| Ryanair Holdings PLC(RYAAY) | SPONSORED ADR | 783513203 | $15.5M | 214,891 | 0.4% |
| Vanguard World FD(VEXC) | EMERGING MRKTS E | 921910683 | $15.4M | 192,673 | 0.4% |
| Global X FDS(COPX) | GLOBAL X COPPER | 37954Y830 | $15.3M | 213,276 | 0.4% |
| Grayscale Bitcoin Trust ETF(GBTC) | SHS REP COM UT | 389637109 | $15.1M | 221,544 | 0.3% |
| Ishares TR(IVV) | CORE S&P500 ETF | 464287200 | $15.0M | 21,958 | 0.3% |
| Wisdomtree TR(DEM) | EMER MKT HIGH FD | 97717W315 | $13.6M | 290,126 | 0.3% |
| Invesco Exch Traded FD TR II(CQQQ) | CHINA TECHNLGY | 46138E800 | $13.5M | 260,165 | 0.3% |
| Novo-Nordisk A S(NVO) | ADR | 670100205 | $13.4M | 262,659 | 0.3% |
| American Centy ETF TR(AVEM) | AVANTIS EMGMKT | 025072604 | $13.3M | 172,791 | 0.3% |
| Ishares Inc(EWJ) | MSCI JAPAN ETF | 46434G822 | $12.4M | 153,332 | 0.3% |
| Vaneck ETF Trust(GDXJ) | JUNIOR GOLD MINE | 92189F791 | $12.3M | 108,262 | 0.3% |
| Ishares TR(EEM)Call | MSCI EMG MKT ETF | 464287234 | $12.2M | 6,367,800 | 0.3% |
| Vanguard Index FDS(VOO) | S&P 500 ETF SHS | 922908363 | $12.1M | 19,271 | 0.3% |
| Ishares TR(EFA) | MSCI EAFE ETF | 464287465 | $12.0M | 124,628 | 0.3% |
| Vanguard Star FDS(VXUS) | VG TL INTL STK F | 921909768 | $11.8M | 156,338 | 0.3% |
| Ishares TR(IWM) | RUSSELL 2000 ETF | 464287655 | $11.3M | 46,089 | 0.3% |
| Ishares TR(SHYG) | 0-5YR HI YL CP | 46434V407 | $11.2M | 262,076 | 0.3% |
| Dimensional ETF Trust(DFEM) | EMERGING MKTS CO | 25434V732 | $11.1M | 334,424 | 0.3% |
| Ishares Inc(EWW) | MSCI MEXICO ETF | 464286822 | $11.0M | 158,674 | 0.3% |