BlueCrest Capital Management Ltd
Follow13F filer, CIK 1610880, ST HELIER, Jersey
BlueCrest Capital Management Ltd reported $2,323,654,556 across 74 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 78.95% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000905148-25-001734
- Period
- 2025-03-31
- Reported value
- $2.32B
- Holdings
- 74
- Top 10 weight
- 78.95%
- New
- 28
- Sold out
- 49
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SPYnew | +117,163 | $65.5M |
| TSMnew | +330,093 | $54.8M |
| GLDnew | +114,709 | $33.1M |
| KKR & CO INCnew | +278,155 | $13.7M |
| NEEadded | +205,068 | $9.8M |
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 |
|---|---|---|
| IVVexited | -1,532,697 | -$902M |
| XBIexited | -1,532,882 | -$138M |
| IBITreduced | -819,987 | -$38.4M |
| GEOexited | -1,231,436 | -$34.5M |
| XLFreduced | -521,000 | -$26M |
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, Q1 2025
Share positions as resolved from 13F-HR 0000905148-25-001734, largest first. % of portfolio is the value over $626,868,426, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| ASHRDBX ETF TR | 5,829,592 | $155M | 24.71% | -205,964 | Timeline | ||
| CRTOCRITEO S A | 2,260,000 | $80M | 12.77% | 0 | Timeline | ||
| SPYSTATE STR SPDR S&P 500 ETF T | 117,163 | $65.5M | 10.46% | new | Timeline | ||
| TSMTAIWAN SEMICONDUCTOR MANUFAC | 330,093 | $54.8M | 8.74% | new | Timeline | ||
| GLDSPDR GOLD TR | 114,709 | $33.1M | 5.27% | new | Timeline | ||
| RITMRITHM CAPITAL CORP | 2,134,661 | $24.4M | 3.9% | 0 | Timeline | ||
| IBITISHARES BITCOIN TRUST ETF | 361,040 | $16.9M | 2.7% | -819,987 | Timeline | ||
| NEENEXTERA ENERGY INC | 346,652 | $16.6M | 2.64% | +205,068 | Timeline | ||
| KWEBKRANESHARES TRUST | 441,000 | $15.4M | 2.46% | +25,000 | Timeline | ||
| KKR & CO INCKKR & CO INC | 278,155 | $13.7M | 2.19% | new | |||
| BTSGBRIGHTSPRING HEALTH SVCS INC | 168,799 | $11M | 1.75% | +68,146 | Timeline | ||
| HEWLETT PACKARD ENTERPRISE CHEWLETT PACKARD ENTERPRISE C | 149,373 | $7.13M | 1.14% | +98,975 | |||
| STRKSTRATEGY INC | 70,438 | $5.92M | 0.94% | new | Timeline | ||
| HYGISHARES TR | 64,800 | $5.11M | 0.82% | -193,972 | Timeline | ||
| KRMNKARMAN HLDGS INC | 150,000 | $5.01M | 0.8% | new | Timeline | ||
| BAPRABOEING CO | 78,376 | $4.69M | 0.75% | -133,784 | Timeline | ||
| CHART INDS INCCHART INDS INC | 80,976 | $4.44M | 0.71% | +43,272 | |||
| XLFSELECT SECTOR SPDR TR | 88,000 | $4.38M | 0.7% | -521,000 | Timeline | ||
| XLUSELECT SECTOR SPDR TR | 55,288 | $4.36M | 0.7% | new | Timeline | ||
| NEXTERA ENERGY INCNEXTERA ENERGY INC | 86,790 | $3.53M | 0.56% | -45,524 | |||
| RDDTREDDIT INC | 30,000 | $3.15M | 0.5% | 0 | Timeline | ||
| BABAALIBABA GROUP HLDG LTD | 23,100 | $3.05M | 0.49% | new | Timeline | ||
| XLPSELECT SECTOR SPDR TR | 31,290 | $2.56M | 0.41% | new | Timeline | ||
| XLVSELECT SECTOR SPDR TR | 17,272 | $2.52M | 0.4% | new | Timeline | ||
| XLRESELECT SECTOR SPDR TR | 60,198 | $2.52M | 0.4% | new | Timeline | ||
| XLYSELECT SECTOR SPDR TR | 11,418 | $2.25M | 0.36% | new | Timeline | ||
| IWMISHARES TR | 9,200 | $1.84M | 0.29% | +6,100 | Timeline | ||
| MFAMFA FINL INC | 167,160 | $1.72M | 0.27% | 0 | Timeline | ||
| RBRKRUBRIK INC. | 25,000 | $1.52M | 0.24% | 0 | Timeline | ||
| ALBEMARLE CORPALBEMARLE CORP | 37,610 | $1.34M | 0.21% | -105,662 | |||
| SAROSTANDARDAERO INC | 50,000 | $1.33M | 0.21% | new | Timeline | ||
| PINSPINTEREST INC | 41,324 | $1.28M | 0.2% | new | Timeline | ||
| APOLLO GLOBAL MGMT INCAPOLLO GLOBAL MGMT INC | 16,129 | $1.18M | 0.19% | -47,986 | |||
| PG&E CORPPG&E CORP | 20,138 | $901K | 0.14% | -448,568 | |||
| CLMTCALUMET INC | 70,000 | $888K | 0.14% | +20,000 | Timeline | ||
| EDUNEW ORIENTAL ED & TECHNOLOGY | 15,800 | $755K | 0.12% | 0 | Timeline | ||
| IONSIONIS PHARMACEUTICALS INC | 24,800 | $748K | 0.12% | -1,400 | Timeline | ||
| ASMLASML HLDG NV | 996 | $660K | 0.11% | new | Timeline | ||
| DISDISNEY WALT CO | 3,000 | $296K | 0.05% | 0 | Timeline | ||
| SIRISIRIUSXM HOLDINGS INC | 10,000 | $225K | 0.04% | new | Timeline | ||
| MSFTMICROSOFT CORP | 600 | $225K | 0.04% | 0 | Timeline | ||
| BTDRBITDEER TECHNOLOGIES GROUP | 22,300 | $197K | 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).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| ASHRDBX ETF TR XTRACK HRVST CSI | call | 25,650,000 | $682M | +19,375,000 |
| GLDSPDR GOLD TR GOLD SHS | put | 1,075,000 | $310M | -575,000 |
| QQQINVESCO QQQ TR COM | call | 445,000 | $209M | +120,000 |
| GLDSPDR GOLD TR GOLD SHS | call | 650,000 | $187M | -750,000 |
| ASHRDBX ETF TR XTRACK HRVST CSI | put | 4,455,100 | $118M | +10,000 |
| DIASTATE STR SPDR DOW JONES IND UT SER 1 | put | 180,000 | $75.6M | new |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 55,000 | $30.8M | +25,000 |
| QQQINVESCO QQQ TR COM | put | 50,000 | $23.4M | +25,000 |
| EWGISHARES INC MSCI GERMANY ETF | put | 400,000 | $14.8M | 0 |
| EEMISHARES TR MSCI EMG MKT ETF | put | 275,000 | $12M | +125,000 |
| MSFTMICROSOFT CORP COM | call | 24,700 | $9.27M | 0 |
| IWMISHARES TR SHS | put | 40,000 | $7.98M | -50,000 |
| TLTISHARES TR 20 YR TR BD ETF | call | 75,000 | $6.83M | new |
| HYGISHARES TR IBOXX HI YD ETF | put | 50,000 | $3.94M | -550,400 |
| IBITISHARES BITCOIN TRUST ETF SHS | put | 39,000 | $1.83M | +24,000 |
| SIRISIRIUSXM HOLDINGS INC COMMON STOCK | put | 75,000 | $1.69M | new |
| ETSYETSY INC COM | call | 20,000 | $944K | new |
| MUMICRON TECHNOLOGY INC COM | put | 10,000 | $869K | 0 |
| BABOEING CO COM | call | 2,500 | $426K | new |
| INTCINTEL CORP COM | call | 15,000 | $341K | new |
| ZIMZIM INTEGRATED SHIPPING SERV SHS | call | 20,000 | $292K | new |
| OSCROSCAR HEALTH INC CL A | call | 10,000 | $131K | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0 | principal | 12,400,000 | $33.3M | -250,000 |
| ITRON INCITRON INC NOTE 3/1 | principal | 7,000,000 | $7.2M | +4,000,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 6,945,000 | $6.61M | -5,500,000 |
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 | principal | 4,300,000 | $4.97M | new |
| Dynavax Technologies CorpDynavax Technologies Corp Convertible bond | principal | 3,500,000 | $3.47M | new |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 2,883,000 | $2.81M | -2,000,000 |
| COLLEGIUM PHARMACEUTICAL INCCOLLEGIUM PHARMACEUTICAL INC NOTE 2.875% 2/1 | principal | 2,500,000 | $2.69M | 0 |
| AIR TRANS SVCS GROUP INCAIR TRANS SVCS GROUP INC BOND | principal | 2,388,000 | $2.38M | 0 |
| INNOVATE CORPINNOVATE CORP NOTE 7.500% 8/0 | principal | 1,383,000 | $815K | 0 |
| WOLFSPEED INCWOLFSPEED INC NOTE 1.875%12/0 | principal | 2,500,000 | $552K | new |
Sold out in Q1 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| IVVISHARES TR | 1,532,697 | $902M | shares |
| LQDISHARES TR | 2,500,000 | $267M | call |
| XBISPDR SERIES TRUST | 1,532,882 | $138M | shares |
| IBITISHARES BITCOIN TRUST ETF | 1,000,000 | $53M | call |
| EMBISHARES TR | 400,000 | $35.6M | put |
| GEOGEO GROUP INC | 1,231,436 | $34.5M | shares |
| EWZISHARES INC | 1,445,000 | $32.5M | call |
| XLESELECT SECTOR SPDR TR | 350,000 | $30M | call |
| NEENEXTERA ENERGY INC | 550,919 | $25.1M | shares |
| EEMISHARES TR | 500,000 | $20.9M | call |
| GDXJVANECK ETF TRUST | 461,823 | $19.7M | shares |
| ARES MANAGEMENT CORPORATIONARES MANAGEMENT CORPORATION | 304,460 | $16.8M | shares |
| INTEGER HLDGS CORPINTEGER HLDGS CORP | 8,666,000 | $13.9M | principal |
| XLFSELECT SECTOR SPDR TR | 250,000 | $12.1M | call |
| LQDISHARES TR | 100,000 | $10.7M | shares |
| PG&E CORPPG&E CORP | 9,660,000 | $10.5M | principal |
| MDYSTATE STR SPDR S&P MIDCAP 40 | 16,200 | $9.23M | shares |
| ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC | 7,722,000 | $7.64M | principal |
| KRESPDR SERIES TRUST | 100,000 | $6.04M | call |
| CLOUDFLARE INCCLOUDFLARE INC | 5,000,000 | $4.8M | principal |
| GDXVANECK ETF TRUST | 136,500 | $4.63M | shares |
| VCITVANGUARD SCOTTSDALE FDS | 45,697 | $3.67M | shares |
| SUNNOVA ENERGY INTL INC.SUNNOVA ENERGY INTL INC. | 5,250,000 | $3.12M | principal |
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC | 69,420 | $2.6M | shares |
| CWBSPDR SERIES TRUST | 31,851 | $2.48M | shares |
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC | 62,000 | $2.32M | put |
| VCLTVANGUARD SCOTTSDALE FDS | 28,260 | $2.11M | shares |
| COINCOINBASE GLOBAL INC | 8,300 | $2.06M | shares |
| ENCORE CAP GROUP INCENCORE CAP GROUP INC | 2,000,000 | $2.02M | principal |
| CAPITAL SOUTHWEST CORPCAPITAL SOUTHWEST CORP | 1,500,000 | $1.47M | principal |
| MSTRSTRATEGY INC | 4,942 | $1.43M | shares |
| SNOWSNOWFLAKE INC | 9,200 | $1.42M | shares |
| CMECME GROUP INC | 6,000 | $1.39M | shares |
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC | 32,400 | $1.21M | call |
| ONON SEMICONDUCTOR CORP | 17,700 | $1.12M | shares |
| XOPSPDR SERIES TRUST | 7,500 | $993K | shares |
| PDDPDD HOLDINGS INC | 10,000 | $970K | put |
| USHYISHARES TR | 16,532 | $608K | shares |
| CBOECBOE GLOBAL MKTS INC | 2,479 | $484K | shares |
| CPRICAPRI HOLDINGS LIMITED | 22,500 | $474K | call |
| XLESELECT SECTOR SPDR TR | 4,716 | $404K | shares |
| VRSNVERISIGN INC | 1,666 | $345K | shares |
| VVISA INC | 1,073 | $339K | shares |
| JBLUJETBLUE AIRWAYS CORP | 40,000 | $314K | put |
| GNRCGENERAC HLDGS INC | 2,019 | $313K | shares |
| INDIINDIE SEMICONDUCTOR INC | 74,400 | $301K | call |
| OCOWENS CORNING NEW | 1,545 | $263K | shares |
| SUNNOVA ENERGY INTL INC.SUNNOVA ENERGY INTL INC. | 500,000 | $197K | principal |
| FFORD MTR CO | 10,000 | $99K | put |
How Q1 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 0000905148-25-001734 | base | 2025-05-15 | acceptance time not in the bulk data set |