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.
Back to all 28 share positions
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).
| 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 |
| ADIANALOG DEVICES INC COM | call | 50,000 | $13.6M | new |
| FFORD MTR CO Stock | call | 1,000,000 | $13.1M | new |
| ANETARISTA NETWORKS INC COM | call | 100,000 | $13.1M | -150,000 |
| HDHOME DEPOT INC COM | call | 37,500 | $12.9M | 0 |
| NKENIKE INC COM | put | 200,000 | $12.7M | 0 |
| NKENIKE INC COM | call | 200,000 | $12.7M | 0 |
| PFEPFIZER INC COM | call | 500,000 | $12.4M | 0 |
| TTDTHE TRADE DESK INC STOK | put | 300,000 | $11.4M | -240,000 |
| LENLENNAR CORP Stock | call | 100,000 | $10.3M | 0 |
| TTDTHE TRADE DESK INC STOK | call | 200,000 | $7.59M | -480,000 |
| MGMMGM RESORTS INTERNATIONAL COM | put | 200,000 | $7.3M | new |
| RCLROYAL CARIBBEAN GROUP Stock | put | 24,000 | $6.69M | 0 |
| MGMMGM RESORTS INTERNATIONAL COM | call | 150,000 | $5.47M | new |
| RCLROYAL CARIBBEAN GROUP Stock | call | 16,000 | $4.46M | 0 |
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 |