BlueCrest Capital Management Ltd
Follow13F filer, CIK 1610880, ST HELIER, Jersey
BlueCrest Capital Management Ltd reported $3,330,511,681 across 170 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 77.26% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000905148-26-000871
- Period
- 2025-12-31
- Reported value
- $3.33B
- Holdings
- 170
- Top 10 weight
- 77.26%
- New
- 102
- Sold out
- 109
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| IVVnew | +2,222,669 | $1.52B |
| VSTnew | +637,266 | $103M |
| WFCnew | +645,093 | $60.1M |
| Cnew | +512,538 | $59.8M |
| BACnew | +1,049,093 | $57.7M |
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 |
|---|---|---|
| OEFexited | -925,172 | -$308M |
| NVDAreduced | -1,074,489 | -$200M |
| PCGreduced | -6,866,878 | -$110M |
| MSFTreduced | -135,034 | -$65.3M |
| KWEBreduced | -1,464,060 | -$49.9M |
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 126 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 |
|---|---|---|---|---|
| GLDSPDR GOLD TR GOLD SHS | put | 590,000 | $234M | -551,500 |
| GLDSPDR GOLD TR GOLD SHS | call | 565,000 | $224M | -270,000 |
| XLFSELECT SECTOR SPDR TR SHS | put | 1,200,000 | $65.7M | new |
| PCGPG&E CORP Stock | put | 2,000,000 | $32.1M | new |
| EWZISHARES INC MSCI BRAZIL ETF | call | 975,000 | $31M | +475,000 |
| KWEBKRANESHARES TRUST CSI CHI INTERNET | call | 900,000 | $30.6M | new |
| HYGISHARES TR IBOXX HI YD ETF | put | 300,000 | $24.2M | -750,000 |
| CATCATERPILLAR INC COM | put | 40,500 | $23.2M | new |
| IBITISHARES BITCOIN TRUST ETF SHS | put | 461,000 | $22.9M | new |
| INDAISHARES TR MSCI INDIA ETF | call | 400,000 | $21.6M | new |
| IWMISHARES TR SHS | put | 41,000 | $10.1M | new |
| GGALGRUPO FINANCIERO GALICIA S.A SPONSORED ADR | call | 165,300 | $8.92M | +65,300 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 11,500 | $7.84M | -301,000 |
| GEVGE VERNOVA INC COM | put | 10,000 | $6.54M | new |
| AFRMAFFIRM HLDGS INC Stock | call | 67,100 | $4.99M | +22,100 |
| TLTISHARES TR 20 YR TR BD ETF | call | 20,000 | $1.74M | -8,000 |
| CMCSACOMCAST CORP NEW COM | call | 40,000 | $1.2M | new |
| IRENIREN LIMITED STOK | put | 23,000 | $869K | new |
| CNCCENTENE CORP DEL Stock | call | 20,000 | $823K | +10,000 |
| XHBSPDR SERIES TRUST SHS | call | 6,800 | $700K | new |
| BTDRBITDEER TECHNOLOGIES GROUP Stock | put | 50,000 | $560K | new |
| KHCKRAFT HEINZ CO Stock | call | 20,000 | $485K | -50,000 |
| EVHEVOLENT HEALTH INC Stock | put | 106,300 | $425K | new |
| FINVFINVOLUTION GROUP ADR | put | 80,000 | $418K | new |
| CLSKCLEANSPARK INC COM NEW | put | 30,000 | $304K | new |
| NBISNEBIUS GROUP N.V. SHS CLASS A | put | 3,000 | $251K | new |
| AIRSAIRSCULPT TECHNOLOGIES INC COMMON STOCK | call | 125,800 | $249K | new |
| GLXYGALAXY DIGITAL INC. Stock | put | 10,000 | $224K | 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 |
|---|---|---|---|---|
| ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3 | principal | 8,375,000 | $28.1M | 0 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0 | principal | 23,000,000 | $27.5M | +14,500,000 |
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 11,000,000 | $17.1M | -4,500,000 |
| JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP NOTE 2.500% 9/0 | principal | 14,320,000 | $13.9M | -1,500,000 |
| UPSTART HLDGS INCUPSTART HLDGS INC NOTE 1.000%11/1 | principal | 10,000,000 | $8.8M | new |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 8,270,000 | $8.33M | -8,471,000 |
| LEMAITRE VASCULAR INCLEMAITRE VASCULAR INC NOTE 2.500% 2/0 | principal | 6,000,000 | $5.99M | new |
| GREEN PLAINS INCGREEN PLAINS INC NOTE 5.250%11/0 | principal | 5,500,000 | $5.79M | new |
| T1 ENERGY INCT1 ENERGY INC NOTE 5.250%12/0 | principal | 3,750,000 | $4.75M | new |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertible | principal | 3,500,000 | $4.68M | new |
| WISDOMTREE INCWISDOMTREE INC NOTE 3.250% 8/1 | principal | 3,196,000 | $3.86M | -5,848,000 |
| NUTANIX INCNUTANIX INC NOTE 0.500%12/1 | principal | 3,920,000 | $3.78M | new |
| EVOLENT HEALTH INCEVOLENT HEALTH INC DEBT 4.500% 8/1 | principal | 4,969,000 | $3.54M | +2,469,000 |
| ITRON INCITRON INC NOTE 3/1 | principal | 3,256,000 | $3.23M | -14,500,000 |
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 | principal | 1,800,000 | $2.24M | -7,500,000 |
| WOLFSPEED INCWOLFSPEED INC NOTE 2.500% 6/1 | principal | 88,000 | $130K | 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 |
|---|---|---|---|
| QQQINVESCO QQQ TR | 770,000 | $462M | call |
| OEFISHARES TR | 925,172 | $308M | shares |
| QQQINVESCO QQQ TR | 332,600 | $200M | put |
| MSFTMICROSOFT CORP | 300,400 | $156M | call |
| CROXCROCS INC | 1,600,000 | $134M | call |
| GOOGLALPHABET INC | 503,000 | $122M | call |
| XOPSPDR SERIES TRUST | 800,000 | $106M | call |
| ETHAISHARES ETHEREUM TR | 1,980,000 | $62.4M | put |
| METAMETA PLATFORMS INC | 75,000 | $55.1M | call |
| IBITISHARES BITCOIN TRUST ETF | 800,000 | $52M | call |
| AMZNAMAZON COM INC | 200,000 | $43.9M | call |
| GDXVANECK ETF TRUST | 480,000 | $36.7M | call |
| GTXGARRETT MOTION INC | 2,682,733 | $36.5M | shares |
| GLDSPDR GOLD TR | 100,175 | $35.6M | shares |
| VRTVERTIV HOLDINGS CO | 200,000 | $30.2M | call |
| RBRKRUBRIK INC. | 315,000 | $25.9M | shares |
| CIENCIENA CORP | 170,000 | $24.8M | call |
| ITBISHARES TR | 227,500 | $24.4M | shares |
| AMDADVANCED MICRO DEVICES INC | 150,000 | $24.3M | call |
| NVDANVIDIA CORPORATION | 122,400 | $22.8M | call |
| FSLRFIRST SOLAR INC | 100,000 | $22.1M | call |
| POWLPOWELL INDS INC | 66,200 | $20.2M | call |
| ITRON INCITRON INC | 15,826,000 | $18.2M | principal |
| NIQNIQ GLOBAL INTELLIGENCE PLC | 1,076,676 | $16.9M | shares |
| TSMTAIWAN SEMICONDUCTOR MANUFAC | 54,000 | $15.1M | call |
| KRESPDR SERIES TRUST | 230,000 | $14.6M | call |
| RIOTRIOT PLATFORMS INC | 750,000 | $14.3M | call |
| SERVSERVE ROBOTICS INC | 1,190,000 | $13.8M | call |
| KVUEKENVUE INC | 800,000 | $13M | call |
| HUTHUT 8 CORP | 346,400 | $12.1M | call |
| RRXREGAL REXNORD CORPORATION | 81,700 | $11.7M | call |
| TSLATESLA INC | 25,200 | $11.2M | call |
| XRTSPDR SERIES TRUST | 129,483 | $11.2M | shares |
| HUMNROUNDHILL ETF TRUST | 355,728 | $10.7M | shares |
| GOOGALPHABET INC | 39,950 | $9.73M | shares |
| RGTIRIGETTI COMPUTING INC | 319,900 | $9.53M | put |
| BIDUBAIDU INC | 72,000 | $9.49M | call |
| QUBTQUANTUM COMPUTING INC | 500,000 | $9.21M | put |
| ASAMER SPORTS INC | 250,000 | $8.69M | shares |
| BAPRABOEING CO | 119,614 | $8.32M | shares |
| LTHLIFE TIME GROUP HOLDINGS INC | 300,000 | $8.28M | shares |
| MCHPPMICROCHIP TECHNOLOGY INC. | 139,644 | $8.24M | shares |
| CIFRCIPHER DIGITAL INC | 600,000 | $7.55M | call |
| ASHRDBX ETF TR | 226,222 | $7.46M | shares |
| VVISA INC | 17,712 | $6.05M | shares |
| IGVISHARES TR | 46,000 | $5.29M | shares |
| ROOTROOT INC | 57,600 | $5.16M | call |
| GEVGE VERNOVA INC | 8,302 | $5.1M | shares |
| INDYISHARES TR | 100,000 | $5.09M | call |
| EWJISHARES INC | 62,956 | $5.05M | shares |
| NTSKNETSKOPE INC | 221,500 | $5.03M | shares |
| EQTEQT CORP | 91,743 | $4.99M | shares |
| UBERUBER TECHNOLOGIES INC | 50,000 | $4.9M | call |
| PYPLPAYPAL HLDGS INC | 72,000 | $4.83M | call |
| CCJCAMECO CORP | 55,800 | $4.68M | call |
| XHBSPDR SERIES TRUST | 41,497 | $4.6M | shares |
| MRVLMARVELL TECHNOLOGY INC | 54,000 | $4.54M | call |
| MARA HOLDINGS INCMARA HOLDINGS INC | 3,700,000 | $4.52M | principal |
| KKR & CO INCKKR & CO INC | 81,211 | $4.25M | shares |
| LUNRINTUITIVE MACHINES INC | 360,000 | $3.79M | call |
| SEDGSOLAREDGE TECHNOLOGIES INC | 68,832 | $2.55M | shares |
| LGNLEGENCE CORP | 79,913 | $2.46M | shares |
| ETSYETSY INC | 36,000 | $2.39M | call |
| ETHAISHARES ETHEREUM TR | 73,099 | $2.3M | shares |
| LTMLATAM AIRLINES GROUP SA | 50,000 | $2.26M | shares |
| UMACUNUSUAL MACHS INC | 143,588 | $2.17M | shares |
| PONYPONY AI INC | 95,400 | $2.15M | call |
| BILIBILIBILI INC | 75,000 | $2.11M | shares |
| SKYTSKYWATER TECHNOLOGY INC | 111,600 | $2.08M | call |
| RIOTRIOT PLATFORMS INC | 109,200 | $2.08M | shares |
| XLBSELECT SECTOR SPDR TR | 23,000 | $2.06M | shares |
| POWLPOWELL INDS INC | 6,641 | $2.02M | shares |
| XOPSPDR SERIES TRUST | 15,051 | $1.99M | shares |
| MCGAUYORKVILLE ACQUISITION CORP. | 176,991 | $1.96M | shares |
| BBARRICK MNG CORP | 57,645 | $1.89M | shares |
| HCM II ACQUISITION CORPHCM II ACQUISITION CORP | 110,644 | $1.82M | shares |
| URAGLOBAL X FDS | 37,800 | $1.8M | shares |
| IVERSIFIED ENERGY COMPANY PIVERSIFIED ENERGY COMPANY P | 125,000 | $1.75M | shares |
| SHWSHERWIN WILLIAMS CO | 5,000 | $1.73M | put |
| KKELLANOVA | 20,000 | $1.64M | call |
| IONSIONIS PHARMACEUTICALS INC | 23,370 | $1.53M | shares |
| APOAPOLLO GLOBAL MGMT INC | 11,470 | $1.53M | shares |
| XLUSELECT SECTOR SPDR TR | 16,144 | $1.41M | shares |
| FLYWFLYWIRE CORPORATION | 100,000 | $1.35M | shares |
| KKELLANOVA | 15,500 | $1.27M | put |
| XLRESELECT SECTOR SPDR TR | 30,099 | $1.27M | shares |
| CIPHER DIGITAL INCCIPHER DIGITAL INC | 414,000 | $1.23M | principal |
| XLPSELECT SECTOR SPDR TR | 15,644 | $1.23M | shares |
| XLVSELECT SECTOR SPDR TR | 8,636 | $1.2M | shares |
| KLARKLARNA GROUP PLC | 31,255 | $1.15M | shares |
| FXIISHARES TR | 27,000 | $1.11M | shares |
| KKELLANOVA | 13,000 | $1.07M | shares |
| TACOBERTO ACQUISITION CORP | 96,413 | $1M | shares |
| GLADSTONE CAP CORPGLADSTONE CAP CORP | 1,000,000 | $992K | principal |
| BTDRBITDEER TECHNOLOGIES GROUP | 56,700 | $969K | shares |
| IRENIREN LIMITED | 20,000 | $939K | shares |
| CEPTCANTOR EQUITY PARTNERS II IN | 87,260 | $917K | shares |
| OPENOPENDOOR TECHNOLOGIES INC | 108,000 | $861K | call |
| CEPOCANTOR EQUITY PARTNERS I INC | 67,935 | $711K | shares |
| BHPBHP BILLITON LIMITED | 12,541 | $699K | shares |
| BBAIBIGBEAR AI HLDGS INC | 100,000 | $652K | call |
| USARUSA RARE EARTH INC | 36,000 | $619K | call |
| CHART INDS INCCHART INDS INC | 8,329 | $592K | shares |
| ALNYALNYLAM PHARMACEUTICALS INC | 1,231 | $561K | shares |
| KNTKKINETIK HOLDINGS INC | 12,000 | $513K | shares |
| SPXCSPX TECHNOLOGIES INC | 2,699 | $504K | shares |
| WTGUUWINTERGREEN ACQUISITION CORP | 45,320 | $462K | shares |
| RRRICHTECH ROBOTICS INC | 100,000 | $429K | call |
| UPXIUPEXI INC | 70,565 | $407K | 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 0000905148-26-000871 | base | 2026-02-17 | acceptance time not in the bulk data set |