ADAPT Investment Managers SA
Follow13F filer, CIK 2029917, Geneva, Switzerland
ADAPT Investment Managers SA reported $13,586,367,295 across 142 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 67.78% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-26-000806
- Period
- 2025-12-31
- Reported value
- $13.6B
- Holdings
- 142
- Top 10 weight
- 67.78%
- New
- 40
- Sold out
- 22
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| GLDnew | +139,900 | $55.4M |
| MSFTadded | +79,225 | $38.3M |
| SMHadded | +74,807 | $26.9M |
| ZSnew | +112,413 | $25.3M |
| COINnew | +104,840 | $23.7M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| NVDAreduced | -580,666 | -$108M |
| MUexited | -183,771 | -$30.7M |
| GOOGexited | -100,000 | -$24.4M |
| TXNexited | -129,069 | -$23.7M |
| TSLAreduced | -49,636 | -$22.3M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q4 2025
Share positions as resolved from 13F-HR 0001172661-26-000806, largest first. % of portfolio is the value over $494,702,439, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| MSFTMICROSOFT CORP | 114,825 | $55.5M | 11.23% | +79,225 | Timeline | ||
| GLDSPDR GOLD TR | 139,900 | $55.4M | 11.21% | new | Timeline | ||
| SMHVANECK ETF TRUST | 109,241 | $39.3M | 7.95% | +74,807 | Timeline | ||
| AMZNAMAZON COM INC | 167,550 | $38.7M | 7.82% | +75,100 | Timeline | ||
| AVGOBROADCOM INC | 102,652 | $35.5M | 7.18% | -57,344 | Timeline | ||
| ZSZSCALER INC | 112,413 | $25.3M | 5.11% | new | Timeline | ||
| COINCOINBASE GLOBAL INC | 104,840 | $23.7M | 4.79% | new | Timeline | ||
| DDOGDATADOG INC | 160,121 | $21.8M | 4.4% | new | Timeline | ||
| HDHOME DEPOT INC | 60,470 | $20.8M | 4.21% | +48,465 | Timeline | ||
| NVDANVIDIA CORPORATION | 103,032 | $19.2M | 3.88% | -580,666 | Timeline | ||
| INTUINTUIT | 28,023 | $18.6M | 3.75% | +9,610 | Timeline | ||
| FXIISHARES TR | 463,524 | $17.7M | 3.59% | new | Timeline | ||
| ADSKAUTODESK INC | 55,648 | $16.5M | 3.33% | +49,863 | Timeline | ||
| TSLATESLA INC | 33,530 | $15.1M | 3.05% | -49,636 | Timeline | ||
| LOWLOWES COS INC | 58,970 | $14.2M | 2.87% | +30,478 | Timeline | ||
| AAPLAPPLE INC | 45,400 | $12.3M | 2.49% | new | Timeline | ||
| LENLENNAR CORP | 114,143 | $11.7M | 2.37% | new | Timeline | ||
| METAMETA PLATFORMS INC | 14,460 | $9.54M | 1.93% | -32,156 | Timeline | ||
| TTDTHE TRADE DESK INC | 211,437 | $8.03M | 1.62% | -58,564 | Timeline | ||
| NKENIKE INC | 111,213 | $7.09M | 1.43% | +94,848 | Timeline | ||
| OKTAOKTA INC | 73,789 | $6.38M | 1.29% | +66,983 | Timeline | ||
| XYZBLOCK INC | 97,114 | $6.32M | 1.28% | -27,105 | Timeline | ||
| ADIANALOG DEVICES INC | 16,435 | $4.46M | 0.9% | new | Timeline | ||
| MRVLMARVELL TECHNOLOGY INC | 47,955 | $4.08M | 0.82% | new | Timeline | ||
| NFLXNETFLIX INC. | 33,000 | $3.09M | 0.63% | +29,700 | Timeline | ||
| AMATAPPLIED MATLS INC | 10,177 | $2.62M | 0.53% | new | Timeline | ||
| VZVERIZON COMMUNICATIONS INC | 36,555 | $1.49M | 0.3% | new | Timeline | ||
| NEENEXTERA ENERGY INC | 1,801 | $145K | 0.03% | new | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
The largest 100 of 114. All 114
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| NVDANVIDIA CORPORATION COM | put | 9,630,200 | $1.8B | +1,050,200 |
| HYGISHARES TR IBOXX HI YD ETF | put | 16,000,000 | $1.29B | +8,000,000 |
| TSLATESLA INC COM | put | 2,375,000 | $1.07B | -505,000 |
| AMDADVANCED MICRO DEVICES INC COM | put | 3,575,000 | $766M | +700,000 |
| AAPLAPPLE INC COM | put | 2,700,000 | $734M | +550,000 |
| XLKSELECT SECTOR SPDR TR SHS | put | 4,000,000 | $576M | new |
| MUMICRON TECHNOLOGY INC COM | put | 1,500,000 | $428M | -250,000 |
| METAMETA PLATFORMS INC COM | put | 530,000 | $350M | +70,000 |
| FXIISHARES TR CHINA LG-CAP ETF | call | 8,000,000 | $306M | +5,500,000 |
| AVGOBROADCOM INC COM | put | 875,000 | $303M | 0 |
| FXIISHARES TR CHINA LG-CAP ETF | put | 7,000,000 | $268M | -1,000,200 |
| PLTRPALANTIR TECHNOLOGIES INC COM | put | 1,482,200 | $263M | +232,200 |
| MSFTMICROSOFT CORP COM | put | 465,000 | $225M | -600,000 |
| AMZNAMAZON COM INC COM | put | 950,000 | $219M | +100,000 |
| MRVLMARVELL TECHNOLOGY INC COM | put | 2,550,000 | $217M | +450,000 |
| ORCLORACLE CORP COM | put | 1,044,900 | $204M | new |
| DELLDELL TECHNOLOGIES INC Stock | put | 1,550,000 | $195M | +100,000 |
| EEMISHARES TR MSCI EMG MKT ETF | call | 3,000,000 | $164M | new |
| AAPLAPPLE INC COM | call | 560,000 | $152M | +110,000 |
| COINCOINBASE GLOBAL INC Stock | put | 610,000 | $138M | 0 |
| AVGOBROADCOM INC COM | call | 375,000 | $130M | +150,000 |
| XOMEXXON MOBIL CORP COM | put | 900,000 | $108M | +200,000 |
| TXNTEXAS INSTRS INC COM | put | 600,300 | $104M | +300,300 |
| TFCTRUIST FINL CORP Stock | put | 1,900,000 | $93.5M | +1,300,000 |
| AMZNAMAZON COM INC COM | call | 400,000 | $92.3M | +200,000 |
| IBMINTERNATIONAL BUSINESS MACHS COM | put | 300,000 | $88.9M | new |
| AMGNAMGEN INC COM | put | 250,000 | $81.8M | +150,000 |
| GOOGALPHABET INC COM | put | 250,000 | $78.5M | new |
| ROKUROKU INC Stock | put | 700,000 | $75.9M | 0 |
| BACBANK OF AMER CORP COM | put | 1,350,000 | $74.2M | +750,000 |
| TXNTEXAS INSTRS INC COM | call | 425,000 | $73.7M | +400,000 |
| XOMEXXON MOBIL CORP COM | call | 600,600 | $72.3M | +200,000 |
| RBLXROBLOX CORP Stock | put | 800,000 | $64.8M | 0 |
| LRCXLAM RESEARCH CORP COM | put | 375,000 | $64.2M | new |
| FCXFREEPORT MCMORAN INC Stock | put | 1,200,000 | $60.9M | +800,000 |
| KRESPDR SERIES TRUST ST STR SP REGBNK | put | 900,000 | $58.3M | +450,000 |
| ISRGINTUITIVE SURGICAL INC COM | put | 100,000 | $56.6M | new |
| ZSZSCALER INC STOK | put | 250,000 | $56.2M | -100,000 |
| OKTAOKTA INC STOK | put | 650,000 | $56.2M | 0 |
| INTCINTEL CORP COM | put | 1,500,200 | $55.4M | -100,000 |
| CCITIGROUP INC COM | put | 450,000 | $52.5M | 0 |
| LVSLAS VEGAS SANDS CORP Stock | put | 795,200 | $51.8M | new |
| XYZBLOCK INC Stock | put | 750,000 | $48.8M | 0 |
| ADSKAUTODESK INC Stock | put | 150,000 | $44.4M | 0 |
| VZVERIZON COMMUNICATIONS INC COM | put | 1,050,000 | $42.8M | +600,000 |
| ANETARISTA NETWORKS INC COM | put | 325,000 | $42.6M | -300,000 |
| MRVLMARVELL TECHNOLOGY INC COM | call | 500,000 | $42.5M | -100,000 |
| BACBANK OF AMER CORP COM | call | 750,000 | $41.2M | new |
| PLTRPALANTIR TECHNOLOGIES INC COM | call | 228,600 | $40.6M | +3,600 |
| LLYELI LILLY & CO COM | put | 37,500 | $40.3M | 0 |
| ORCLORACLE CORP COM | call | 200,000 | $39M | new |
| KRESPDR SERIES TRUST ST STR SP REGBNK | call | 600,000 | $38.9M | +300,000 |
| CCLCARNIVAL CORP Stock | put | 1,250,000 | $38.2M | +350,000 |
| DELLDELL TECHNOLOGIES INC Stock | call | 300,000 | $37.8M | 0 |
| LVSLAS VEGAS SANDS CORP Stock | call | 570,200 | $37.1M | new |
| RTXRTX CORPORATION COM | put | 200,000 | $36.7M | new |
| FCXFREEPORT MCMORAN INC Stock | call | 700,000 | $35.6M | +400,000 |
| QCOMQUALCOMM INC COM | put | 200,000 | $34.2M | -300,000 |
| INTUINTUIT COM | put | 50,000 | $33.1M | 0 |
| MMACYS INC Stock | put | 1,500,000 | $33.1M | 0 |
| AMGNAMGEN INC COM | call | 100,000 | $32.7M | 0 |
| NVDANVIDIA CORPORATION COM | call | 160,200 | $29.9M | 0 |
| UPSUNITED PARCEL SVCS INC COM | put | 300,000 | $29.8M | new |
| ADSKAUTODESK INC Stock | call | 100,000 | $29.6M | 0 |
| TFCTRUIST FINL CORP Stock | call | 600,000 | $29.5M | +200,000 |
| ISRGINTUITIVE SURGICAL INC COM | call | 50,000 | $28.3M | new |
| COINCOINBASE GLOBAL INC Stock | call | 125,000 | $28.3M | 0 |
| DDOGDATADOG INC STOK | put | 200,000 | $27.2M | new |
| ADIANALOG DEVICES INC COM | put | 100,000 | $27.1M | new |
| LLYELI LILLY & CO COM | call | 25,000 | $26.9M | 0 |
| FFORD MTR CO Stock | put | 2,000,000 | $26.2M | new |
| HDHOME DEPOT INC COM | put | 75,000 | $25.8M | 0 |
| AMATAPPLIED MATLS INC COM | put | 100,000 | $25.7M | -125,000 |
| PFEPFIZER INC COM | put | 1,000,100 | $24.9M | 0 |
| DLTRDOLLAR TREE INC Stock | put | 200,000 | $24.6M | 0 |
| DLTRDOLLAR TREE INC Stock | call | 200,000 | $24.6M | 0 |
| VZVERIZON COMMUNICATIONS INC COM | call | 600,000 | $24.4M | +300,000 |
| CCLCARNIVAL CORP Stock | call | 800,000 | $24.4M | 0 |
| GMGENERAL MTRS CO Stock | put | 300,000 | $24.4M | new |
| GMGENERAL MTRS CO Stock | call | 300,000 | $24.4M | new |
| MSFTMICROSOFT CORP COM | call | 50,000 | $24.2M | -100,000 |
| LOWLOWES COS INC COM | put | 100,000 | $24.1M | 0 |
| LOWLOWES COS INC COM | call | 100,000 | $24.1M | 0 |
| NEENEXTERA ENERGY INC COM | put | 300,000 | $24.1M | new |
| ZSZSCALER INC STOK | call | 100,000 | $22.5M | -100,000 |
| MMACYS INC Stock | call | 1,000,000 | $22.1M | 0 |
| AMDADVANCED MICRO DEVICES INC COM | call | 100,000 | $21.4M | -100,000 |
| LENLENNAR CORP Stock | put | 200,000 | $20.6M | 0 |
| UPSUNITED PARCEL SVCS INC COM | call | 200,000 | $19.8M | new |
| METAMETA PLATFORMS INC COM | call | 30,000 | $19.8M | 0 |
| INTCINTEL CORP COM | call | 500,000 | $18.4M | -400,000 |
| RTXRTX CORPORATION COM | call | 100,000 | $18.3M | new |
| CCITIGROUP INC COM | call | 150,000 | $17.5M | 0 |
| OKTAOKTA INC STOK | call | 200,000 | $17.3M | 0 |
| QCOMQUALCOMM INC COM | call | 100,000 | $17.1M | -100,000 |
| INTUINTUIT COM | call | 25,000 | $16.6M | 0 |
| NEENEXTERA ENERGY INC COM | call | 200,000 | $16.1M | new |
| USBUS BANCORP COM NEW | put | 300,100 | $16M | 0 |
| USBUS BANCORP COM NEW | call | 300,000 | $16M | 0 |
| DDOGDATADOG INC STOK | call | 100,000 | $13.6M | new |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| MUMICRON TECHNOLOGY INC | 300,000 | $50.2M | call |
| MUMICRON TECHNOLOGY INC | 183,771 | $30.7M | shares |
| AMATAPPLIED MATLS INC | 150,000 | $30.7M | call |
| GOOGALPHABET INC | 100,000 | $24.4M | shares |
| TXNTEXAS INSTRS INC | 129,069 | $23.7M | shares |
| CSCOCISCO SYS INC | 300,000 | $20.5M | put |
| CSCOCISCO SYS INC | 300,000 | $20.5M | call |
| HUBSHUBSPOT INC | 30,000 | $14M | put |
| HUBSHUBSPOT INC | 26,726 | $12.5M | shares |
| HUBSHUBSPOT INC | 25,000 | $11.7M | call |
| AMDADVANCED MICRO DEVICES INC | 70,630 | $11.4M | shares |
| WMTWALMART INC | 110,000 | $11.3M | put |
| WMTWALMART INC | 110,000 | $11.3M | call |
| TGTTARGET CORP | 100,000 | $8.97M | put |
| TGTTARGET CORP | 100,000 | $8.97M | call |
| FCXFREEPORT MCMORAN INC | 114,453 | $4.49M | shares |
| TGTTARGET CORP | 49,812 | $4.47M | shares |
| BACBANK OF AMER CORP | 66,982 | $3.46M | shares |
| KRESPDR SERIES TRUST | 51,828 | $3.28M | shares |
| XOMEXXON MOBIL CORP | 6,009 | $678K | shares |
| DLTRDOLLAR TREE INC | 2,127 | $201K | shares |
| LLYELI LILLY & CO | 199 | $152K | shares |
How Q4 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001172661-26-000806 | base | 2026-02-17 | acceptance time not in the bulk data set |