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Cavalier Investments, LLC

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13F filer, CIK 1655543, ALPHARETTA, GA

Cavalier Investments, LLC reported $1,219,412,013 across 98 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 53.02% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001655543-25-000002

Period
2025-09-30
Reported value
$1.22B
Holdings
98
Top 10 weight
53.02%
New
37
Sold out
10

Largest buys vs the previous quarter

SecurityShares changeApprox. value
XLCadded+128,898$13.9M
SPYadded+19,303$12.5M
IWMadded+49,940$10.8M
TSLAadded+25,769$8.13M
GEadded+25,125$6.71M

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

SecurityShares changeApprox. value
AMZNreduced-88,242-$15.8M
METAreduced-22,262-$15.6M
HWMreduced-249,276-$11.9M
AVGOexited-37,633-$10.4M
QQQreduced-12,878-$6.8M

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.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001655543-25-000002, largest first. % of portfolio is the value over $248,133,001, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
SPYSTATE STR SPDR S&P 500 ETF TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,415 shares; 2024Q4: 24,042 shares; 2025Q1: 20,571 shares; 2025Q2: 17,855 shares; 2025Q3: 37,158 shares 37,158$24.1M9.69%+19,303Timeline
XLCSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 154,242 shares; 2024Q4: 263,458 shares; 2025Q1: 126,106 shares; 2025Q2: 34,375 shares; 2025Q3: 163,273 shares 163,273$17.7M7.12%+128,898Timeline
SMHVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,411 shares; 2024Q4: 21,670 shares; 2025Q1: 58,532 shares; 2025Q2: 51,232 shares; 2025Q3: 48,390 shares 48,390$14.1M5.67%-2,842Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,859 shares; 2024Q4: 12,339 shares; 2025Q1: 12,319 shares; 2025Q2: 37,133 shares; 2025Q3: 27,671 shares 27,671$13.3M5.36%-9,462Timeline
IWMISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 116,680 shares; 2024Q4: 21,686 shares; 2025Q1: 58,527 shares; 2025Q2: 9,995 shares; 2025Q3: 59,935 shares 59,935$13M5.23%+49,940Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,297 shares; 2024Q4: 1,345 shares; 2025Q1: 21,207 shares; 2025Q2: 38,689 shares; 2025Q3: 16,427 shares 16,427$11.5M4.64%-22,262Timeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 631 shares; 2025Q1: not reported; 2025Q2: 10,513 shares; 2025Q3: 36,282 shares 36,282$11.5M4.61%+25,769Timeline
QQQINVESCO QQQ TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 52,102 shares; 2024Q4: 142,589 shares; 2025Q1: 57,946 shares; 2025Q2: 31,936 shares; 2025Q3: 19,058 shares 19,058$10.1M4.06%-12,878Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,506 shares; 2024Q4: 4,698 shares; 2025Q1: 34,415 shares; 2025Q2: 33,748 shares; 2025Q3: 35,546 shares 35,546$8.74M3.52%+1,798Timeline
BSXBOSTON SCIENTIFIC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 71,841 shares; 2024Q4: 178,431 shares; 2025Q1: 103,838 shares; 2025Q2: 50,288 shares; 2025Q3: 75,388 shares 75,388$7.71M3.11%+25,100Timeline
TLTISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,515 shares; 2024Q4: 49,186 shares; 2025Q1: 49,526 shares; 2025Q2: 18,188 shares; 2025Q3: 82,621 shares 82,621$7.38M2.98%+64,433Timeline
GEGE AEROSPACEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,577 shares; 2024Q4: 22,489 shares; 2025Q1: 22,451 shares; 2025Q2: 2,104 shares; 2025Q3: 27,229 shares 27,229$7.27M2.93%+25,125Timeline
VFHVANGUARD WORLD FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 65,897 shares; 2024Q4: 68,729 shares; 2025Q1: 68,611 shares; 2025Q2: 67,254 shares; 2025Q3: 70,912 shares 70,912$6.96M2.81%+3,658Timeline
PLTRPALANTIR TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 43,801 shares; 2025Q2: 47,540 shares; 2025Q3: 47,910 shares 47,910$6.75M2.72%+370Timeline
XLFSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 40,730 shares; 2024Q4: 42,458 shares; 2025Q1: 142,386 shares; 2025Q2: 138,859 shares; 2025Q3: 146,423 shares 146,423$6.72M2.71%+7,564Timeline
IGLDFIRST TR EXCHANGE-TRADED FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 235,347 shares 235,347$5.63M2.27%newTimeline
VGKVANGUARD INTL EQUITY INDEX FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 65,114 shares; 2025Q3: 68,648 shares 68,648$5.23M2.11%+3,534Timeline
SPYGSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 34,421 shares; 2025Q1: not reported; 2025Q2: 40,000 shares; 2025Q3: 38,734 shares 38,734$4.05M1.63%-1,266Timeline
MSTRSTRATEGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 8,780 shares; 2025Q2: not reported; 2025Q3: 11,627 shares 11,627$3.75M1.51%newTimeline
IBITISHARES BITCOIN TRUST ETFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 33,000 shares; 2025Q2: not reported; 2025Q3: 49,000 shares 49,000$3.19M1.28%newTimeline
XNTKSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 13,248 shares; 2025Q2: 13,110 shares; 2025Q3: 11,050 shares 11,050$3.01M1.21%-2,060Timeline
GDXVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 27,093 shares; 2025Q3: 38,156 shares 38,156$2.92M1.17%+11,063Timeline
VRSKVERISK ANALYTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,562 shares; 2024Q4: 13,090 shares; 2025Q1: 13,068 shares; 2025Q2: 12,815 shares; 2025Q3: 13,497 shares 13,497$2.91M1.17%+682Timeline
VRTXVERTEX PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,297 shares; 2024Q4: 7,585 shares; 2025Q1: 7,573 shares; 2025Q2: 7,435 shares; 2025Q3: 7,807 shares 7,807$2.79M1.12%+372Timeline
XLYSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 11,675 shares; 2025Q1: not reported; 2025Q2: 10,400 shares; 2025Q3: 10,073 shares 10,073$2.41M0.97%-327Timeline
CEGCONSTELLATION ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,966 shares; 2024Q4: 11,398 shares; 2025Q1: 11,380 shares; 2025Q2: 31,245 shares; 2025Q3: 11,915 shares 11,915$2.36M0.95%-19,330Timeline
KCESPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,328 shares; 2024Q4: 26,328 shares; 2025Q1: 26,328 shares; 2025Q2: 26,328 shares; 2025Q3: 26,328 shares 26,328$2.29M0.92%0Timeline
XLKSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,748 shares; 2024Q4: 30,096 shares; 2025Q1: 30,044 shares; 2025Q2: 29,446 shares; 2025Q3: 9,942 shares 9,942$2.26M0.91%-19,504Timeline
BMIBADGER METER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,871 shares; 2024Q4: 13,399 shares; 2025Q1: 13,377 shares; 2025Q2: 13,124 shares; 2025Q3: 13,806 shares 13,806$2.25M0.91%+682Timeline
TAT&T INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 119,116 shares; 2024Q4: 124,252 shares; 2025Q1: 124,038 shares; 2025Q2: 121,577 shares; 2025Q3: 128,211 shares 128,211$2.21M0.89%+6,634Timeline
CPRTCOPART INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 49,765 shares; 2024Q4: 51,917 shares; 2025Q1: 51,829 shares; 2025Q2: 50,817 shares; 2025Q3: 53,545 shares 53,545$2.2M0.89%+2,728Timeline
ZETAZETA GLOBAL HOLDINGS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 201,690 shares; 2025Q2: 157,566 shares; 2025Q3: 104,856 shares 104,856$2.08M0.84%-52,710Timeline
SPMDSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 52,448 shares; 2024Q4: 47,240 shares; 2025Q1: 41,502 shares; 2025Q2: 36,840 shares; 2025Q3: 36,063 shares 36,063$2.06M0.83%-777Timeline
NVONOVO-NORDISK A SQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 22,469 shares; 2024Q4: 23,429 shares; 2025Q1: 23,389 shares; 2025Q2: 22,929 shares; 2025Q3: 41,537 shares 41,537$2M0.81%+18,608Timeline
FTDRFRONTDOOR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 30,692 shares; 2025Q2: 30,094 shares; 2025Q3: 31,706 shares 31,706$1.75M0.71%+1,612Timeline
XARSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,804 shares; 2024Q4: 13,804 shares; 2025Q1: 13,804 shares; 2025Q2: 13,804 shares; 2025Q3: 13,804 shares 13,804$1.73M0.7%0Timeline
EPOLISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 50,088 shares; 2025Q3: 52,816 shares 52,816$1.56M0.63%+2,728Timeline
CBOECBOE GLOBAL MKTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,268 shares; 2024Q4: 9,652 shares; 2025Q1: 9,636 shares; 2025Q2: 9,452 shares; 2025Q3: 9,948 shares 9,948$1.54M0.62%+496Timeline
TDGTRANSDIGM GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,906 shares; 2024Q4: 1,954 shares; 2025Q1: 1,952 shares; 2025Q2: 1,929 shares; 2025Q3: 2,015 shares 2,015$1.49M0.6%+86Timeline
EWOISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 50,000 shares; 2025Q3: 50,000 shares 50,000$1.4M0.56%0Timeline
HWMHOWMET AEROSPACE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 65,566 shares; 2024Q4: 68,398 shares; 2025Q1: 135,311 shares; 2025Q2: 276,281 shares; 2025Q3: 27,005 shares 27,005$1.29M0.52%-249,276Timeline
UVIXVS TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 123,338 shares 123,338$1.22M0.49%newTimeline
ARGTGLOBAL X FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 22,321 shares; 2024Q4: 23,281 shares; 2025Q1: 23,241 shares; 2025Q2: 22,781 shares; 2025Q3: 24,021 shares 24,021$1.19M0.48%+1,240Timeline
AMPAMERIPRISE FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,617 shares; 2024Q4: 2,713 shares; 2025Q1: 2,709 shares; 2025Q2: 2,663 shares; 2025Q3: 2,787 shares 2,787$956K0.39%+124Timeline
IESCIES HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,472 shares; 2024Q4: 5,664 shares; 2025Q1: 5,656 shares; 2025Q2: 5,564 shares; 2025Q3: 5,812 shares 5,812$916K0.37%+248Timeline
TYLTYLER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,532 shares; 2024Q4: 1,580 shares; 2025Q1: 1,578 shares; 2025Q2: 1,555 shares; 2025Q3: 1,617 shares 1,617$847K0.34%+62Timeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 14,904 shares; 2025Q2: 14,628 shares; 2025Q3: 4,948 shares 4,948$810K0.33%-9,680Timeline
LLYELI LILLY & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 32,556 shares; 2024Q4: 966 shares; 2025Q1: 966 shares; 2025Q2: 966 shares; 2025Q3: 966 shares 966$802K0.32%0Timeline
AROCARCHROCK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,316 shares; 2024Q4: 32,660 shares; 2025Q1: 32,604 shares; 2025Q2: 31,960 shares; 2025Q3: 33,696 shares 33,696$756K0.3%+1,736Timeline
BKNGBOOKING HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 296 shares; 2024Q4: 296 shares; 2025Q1: 296 shares; 2025Q2: 296 shares; 2025Q3: 296 shares 296$754K0.3%0Timeline
ECLECOLAB INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,580 shares; 2024Q4: 3,724 shares; 2025Q1: 3,718 shares; 2025Q2: 3,649 shares; 2025Q3: 3,835 shares 3,835$753K0.3%+186Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 121,759 shares; 2024Q4: 127,031 shares; 2025Q1: 76,426 shares; 2025Q2: 91,926 shares; 2025Q3: 3,684 shares 3,684$660K0.27%-88,242Timeline
WINAWINMARK CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,694 shares; 2024Q4: 1,742 shares; 2025Q1: 1,740 shares; 2025Q2: 1,717 shares; 2025Q3: 1,779 shares 1,779$645K0.26%+62Timeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,873 shares; 2024Q4: 1,687 shares; 2025Q1: 1,656 shares; 2025Q2: 1,656 shares; 2025Q3: 1,656 shares 1,656$589K0.24%0Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 27,624 shares; 2024Q4: 3,249 shares; 2025Q1: 3,245 shares; 2025Q2: 3,199 shares; 2025Q3: 3,323 shares 3,323$554K0.22%+124Timeline
SLVISHARES SILVER TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,400 shares; 2024Q4: 12,068 shares; 2025Q1: 11,846 shares; 2025Q2: 11,846 shares; 2025Q3: 11,846 shares 11,846$502K0.2%0Timeline
COLOGLOBAL X FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 15,976 shares; 2025Q3: 16,844 shares 16,844$495K0.2%+868Timeline
GOOYTIDAL TRUST IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 21,079 shares; 2025Q1: 42,571 shares; 2025Q2: 22,105 shares; 2025Q3: 31,077 shares 31,077$440K0.18%+8,972Timeline
APLYTIDAL TRUST IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 18,785 shares; 2025Q1: 37,643 shares; 2025Q2: 19,684 shares; 2025Q3: 27,672 shares 27,672$377K0.15%+7,988Timeline
NVDYTIDAL TRUST IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 12,605 shares; 2025Q1: 27,291 shares; 2025Q2: 15,735 shares; 2025Q3: 22,124 shares 22,124$372K0.15%+6,389Timeline
MSFOTIDAL TRUST IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 16,950 shares; 2025Q1: 34,888 shares; 2025Q2: 15,126 shares; 2025Q3: 21,269 shares 21,269$371K0.15%+6,143Timeline
FBYTIDAL TRUST IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 17,065 shares; 2025Q1: 34,099 shares; 2025Q2: 15,962 shares; 2025Q3: 22,416 shares 22,416$352K0.14%+6,454Timeline
AMZYTIDAL TRUST IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 15,976 shares; 2025Q1: 33,002 shares; 2025Q2: 16,799 shares; 2025Q3: 23,622 shares 23,622$336K0.14%+6,823Timeline
VRTVERTIV HOLDINGS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,416 shares; 2024Q4: 2,422 shares; 2025Q1: not reported; 2025Q2: 2,372 shares; 2025Q3: 2,496 shares 2,496$221K0.09%+124Timeline
RGTIRIGETTI COMPUTING INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 49,643 shares; 2025Q3: 25,989 shares 25,989$220K0.09%-23,654Timeline

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).

SecurityTypeAmountValueChange
SPYSTATE STR SPDR S&P 500 ETF T SHSput4,924$328Mnew
SMHVANECK ETF TRUST COMcall2,593$84.6Mnew
TSLATESLA INC COMcall1,750$77.8Mnew
QQQINVESCO QQQ TR COMcall1,250$75Mnew
GLDSPDR GOLD TR GOLD SHScall1,500$53.3Mnew
NVDANVIDIA CORPORATION COMcall2,500$46.6Mnew
XLCSELECT SECTOR SPDR TR SHScall2,500$29.6Mnew
METAMETA PLATFORMS INC COMput400$29.4Mnew
TSLATESLA INC COMput650$28.9Mnew
XLCSELECT SECTOR SPDR TR SHSput2,000$23.7Mnew
PLTRPALANTIR TECHNOLOGIES INC COMcall1,250$22.8Mnew
SPYGSPDR SERIES TRUST SHScall2,000$20.9Mnew
PLTRPALANTIR TECHNOLOGIES INC COMput1,000$18.2Mnew
SMHVANECK ETF TRUST COMput451$14.7Mnew
XLFSELECT SECTOR SPDR TR SHScall2,000$10.8Mnew
BSXBOSTON SCIENTIFIC CORP COMput1,000$9.76Mnew
NVDANVIDIA CORPORATION COMput500$9.33Mnew
GLDSPDR GOLD TR GOLD SHSput250$8.89Mnew
NEMNEWMONT CORP COMcall1,000$8.43Mnew
AVGOBROADCOM INC COMput250$8.25Mnew
AVGOBROADCOM INC COMcall250$8.25Mnew
GEGE AEROSPACE COMput250$7.52Mnew
GEGE AEROSPACE COMcall250$7.52Mnew
TLTISHARES TR 20 YR TR BD ETFcall800$7.15Mnew
BSXBOSTON SCIENTIFIC CORP COMcall500$4.88Mnew
NEMNEWMONT CORP COMput500$4.22Mnew
MSTRSTRATEGY INC Stockput109$3.51Mnew
MSTRSTRATEGY INC Stockcall105$3.38Mnew
CEGCONSTELLATION ENERGY CORP Stockput100$3.29Mnew
CEGCONSTELLATION ENERGY CORP Stockcall100$3.29Mnew
IBITISHARES BITCOIN TRUST ETF SHSput490$3.19Mnew
IBITISHARES BITCOIN TRUST ETF SHScall490$3.19Mnew
QQQINVESCO QQQ TR COMput46$2.76Mnew

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
AVGOBROADCOM INC37,633$10.4Mshares
RKLBROCKET LAB CORP150,354$5.38Mshares
NRGNRG ENERGY INC19,507$3.13Mshares
SMCISUPER MICRO COMPUTER INC50,100$2.46Mshares
VISNVISTANCE NETWORKS INC195,012$1.61Mshares
ANETARISTA NETWORKS INC14,652$1.5Mshares
AMDADVANCED MICRO DEVICES INC8,395$1.19Mshares
FSSFEDERAL SIGNAL CORP10,585$1.13Mshares
MDGLMADRIGAL PHARMACEUTICALS INC3,710$1.12Mshares
TRGPTARGA RES CORP6,074$1.06Mshares

How Q3 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001655543-25-000002 base2025-11-14acceptance time not in the bulk data set