Qube Research & Technologies Ltd

13F filer, CIK 1729829, LONDON, United Kingdom

Qube Research & Technologies Ltd reported $86,210,652,000 across 3,445 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 9.56% of the portfolio.

Filed 2025-05-15 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0001729829-25-000048

Period: 2025-03-31
Reported value: $86.2B
Holdings: 3,445
Top 10 weight: 9.56%
New: 589
Sold out: 559

Largest buys vs the previous quarter

Security	Shares change	Approx. value
AVGOadded	+3,975,287	$666M
GOOGLadded	+3,176,498	$491M
CRMadded	+1,805,618	$485M
AAPLadded	+2,127,109	$472M
NOWadded	+592,899	$472M

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
SPYreduced	-5,008,526	-$2.8B
TSLAexited	-1,023,779	-$413M
UBERreduced	-4,841,499	-$353M
AMGNreduced	-1,092,029	-$340M
HCAreduced	-979,584	-$338M

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 0001729829-25-000048, largest first. % of portfolio is the value over $64,444,746,271, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
FPXIFIRST TR EXCHANGE-TRADED FD	315	$14.8K	<0.01%	0	Timeline
IJKISHARES TR	178	$14.8K	<0.01%	-441	Timeline
FINXGLOBAL X FDS	536	$14.8K	<0.01%	+419	Timeline
IHEISHARES TR	204	$14.4K	<0.01%	-178	Timeline
SQQQProShares UltraPro Short QQQ	371	$14.2K	<0.01%	-120	Timeline
ANTXAN2 THERAPEUTICS INC	10,184	$13.8K	<0.01%	-1	Timeline
KCESPDR SERIES TRUST	107	$13.5K	<0.01%	-1,367	Timeline
QUSSPDR SERIES TRUST	84	$13.2K	<0.01%	-12	Timeline
QIDPROSHARES TR	345	$13.1K	<0.01%	new	Timeline
MLRGISHARES TR	169	$13.1K	<0.01%	+78	Timeline
AGM-AFEDERAL AGRIC MTG CORP	89	$12.7K	<0.01%	0	Timeline
NXTGFIRST TR EXCHANGE-TRADED FD	149	$12.6K	<0.01%	0	Timeline
PSQPROSHARES TR	305	$12.4K	<0.01%	+164	Timeline
SCHVSCHWAB STRATEGIC TR	446	$11.9K	<0.01%	-10,956	Timeline
ISCGISHARES TR	261	$11.8K	<0.01%	0	Timeline
IXCISHARES TR	274	$11.5K	<0.01%	-8	Timeline
DFARDIMENSIONAL ETF TRUST	479	$11.4K	<0.01%	+391	Timeline
REGLPROSHARES TR	139	$11.2K	<0.01%	0	Timeline
VPLVANGUARD INTL EQUITY INDEX F	152	$11K	<0.01%	new	Timeline
IATISHARES TR	227	$10.6K	<0.01%	-998	Timeline
PPHVANECK ETF TRUST	116	$10.6K	<0.01%	-22,736	Timeline
ESPOVANECK ETF TRUST	119	$10.3K	<0.01%	-241	Timeline
DBEUDBX ETF TR	231	$10.2K	<0.01%	0	Timeline
VTWOVANGUARD SCOTTSDALE FDS	124	$10K	<0.01%	new	Timeline
EDCDIREXION SHARES ETF TRUST	322	$9.89K	<0.01%	-422	Timeline
IWCISHARES TR	88	$9.76K	<0.01%	-98	Timeline
JPUSJ P MORGAN EXCHANGE TRADED F	84	$9.68K	<0.01%	0	Timeline
AVLVAMERICAN CENTY ETF TR	147	$9.59K	<0.01%	new	Timeline
SPABSPDR SERIES TRUST	374	$9.55K	<0.01%	-47	Timeline
URTYPROSHARES TR	268	$9.2K	<0.01%	-1,145	Timeline
SDSPROSHARES TR	427	$9.16K	<0.01%	+222	Timeline
KIESPDR SERIES TRUST	149	$9.02K	<0.01%	new	Timeline
TZADIREXION SHARES ETF TRUST	520	$8.86K	<0.01%	-187	Timeline
FESMFIDELITY COVINGTON TRUST	300	$8.84K	<0.01%	new	Timeline
FXLFIRST TR EXCHANGE-TRADED FD	66	$8.73K	<0.01%	0	Timeline
KRESPDR SERIES TRUST	149	$8.47K	<0.01%	-282,795	Timeline
RSPSINVESCO EXCHANGE TRADED FD T	272	$8.38K	<0.01%	0	Timeline
BATTAMPLIFY ETF TR	1,000	$8.35K	<0.01%	+818	Timeline
SPDNDIREXION SHARES ETF TRUST	715	$8.29K	<0.01%	+522	Timeline
IGPTINVESCO EXCHANGE TRADED FD T	200	$8.1K	<0.01%	new	Timeline
TLHISHARES TR	78	$8.09K	<0.01%	0	Timeline
DLSWISDOMTREE TR	122	$8.05K	<0.01%	0	Timeline
KXIISHARES TR	125	$8.01K	<0.01%	new	Timeline
DFIPDIMENSIONAL ETF TRUST	188	$7.92K	<0.01%	0	Timeline
FCPIFIDELITY COVINGTON TRUST	182	$7.88K	<0.01%	0	Timeline
XARSPDR SERIES TRUST	49	$7.87K	<0.01%	-61	Timeline
VIGIVANGUARD WHITEHALL FDS	93	$7.71K	<0.01%	new	Timeline
JUNSJUPITER NEUROSCIENCES INC	12,605	$7.69K	<0.01%	new	Timeline
QDFFLEXSHARES TR	110	$7.52K	<0.01%	new	Timeline
EPSWISDOMTREE TR	124	$7.35K	<0.01%	-24	Timeline
AOKISHARES TR	194	$7.3K	<0.01%	0	Timeline
CNYAISHARES TR	249	$6.98K	<0.01%	-685	Timeline
DWXSPDR INDEX SHS FDS	178	$6.83K	<0.01%	0	Timeline
PTMCPACER FDS TR	193	$6.68K	<0.01%	-104	Timeline
SLXVANECK ETF TRUST	108	$6.64K	<0.01%	0	Timeline
ProShares UltraPro Short Ru…ProShares UltraPro Short Russell2…	265	$6.55K	<0.01%	+6
XTNSPDR SERIES TRUST	88	$6.5K	<0.01%	+62	Timeline
EESWISDOMTREE TR	133	$6.5K	<0.01%	0	Timeline
SNSRGLOBAL X FDS	197	$6.49K	<0.01%	new	Timeline
PIEINVESCO EXCH TRADED FD TR II	356	$6.47K	<0.01%	0	Timeline
SRETGLOBAL X FDS	301	$6.38K	<0.01%	0	Timeline
XNTKSPDR SERIES TRUST	33	$6.33K	<0.01%	0	Timeline
XMLVINVESCO EXCH TRADED FD TR II	102	$6.29K	<0.01%	0	Timeline
PGFINVESCO EXCHANGE TRADED FD T	439	$6.27K	<0.01%	0	Timeline
TPORDIREXION SHARES ETF TRUST	263	$6.26K	<0.01%	0	Timeline
FANFIRST TR EXCHANGE-TRADED FD	407	$6.11K	<0.01%	-600	Timeline
TBTPROSHARES TR	175	$5.89K	<0.01%	+141	Timeline
FNDXSCHWAB STRATEGIC TR	247	$5.83K	<0.01%	-12,137	Timeline
PNQIINVESCO EXCHANGE TRADED FD T	130	$5.74K	<0.01%	0	Timeline
DFJWISDOMTREE TR	72	$5.71K	<0.01%	0	Timeline
UYGPROSHARES TR	64	$5.71K	<0.01%	0	Timeline
HEZUISHARES TR	146	$5.69K	<0.01%	new	Timeline
METVLISTED FDS TR	413	$5.57K	<0.01%	+100	Timeline
EPHEISHARES TR	217	$5.49K	<0.01%	new	Timeline
ECXWWECARX HOLDINGS INC	118,887	$5.42K	<0.01%	0	Timeline
TMVDIREXION SHARES ETF TRUST	154	$5.35K	<0.01%	+76	Timeline
ERXDIREXION SHARES ETF TRUST	80	$5.22K	<0.01%	-238	Timeline
BEYOND AIR INCBEYOND AIR INC	19,136	$5.21K	<0.01%	+2,904
RTHVANECK ETF TRUST	23	$5.19K	<0.01%	0	Timeline
QLTAISHARES TR	108	$5.13K	<0.01%	0	Timeline
SPLBSPDR SERIES TRUST	224	$5.06K	<0.01%	0	Timeline
PEYINVESCO EXCHANGE TRADED FD T	234	$5.02K	<0.01%	-126	Timeline
SCHRSCHWAB STRATEGIC TR	202	$5.02K	<0.01%	0	Timeline
IBUYAMPLIFY ETF TR	83	$4.99K	<0.01%	-24	Timeline
PALCPACER FDS TR	103	$4.94K	<0.01%	0	Timeline
VCRVANGUARD WORLD FD	15	$4.88K	<0.01%	new	Timeline
GRIDFIRST TR EXCHANGE-TRADED FD	43	$4.87K	<0.01%	-973	Timeline
DXDPROSHARES TR	175	$4.85K	<0.01%	-65	Timeline
EMGFISHARES INC	103	$4.82K	<0.01%	0	Timeline
ONLNPROSHARES TR	111	$4.82K	<0.01%	0	Timeline
PJPINVESCO EXCHANGE TRADED FD T	55	$4.76K	<0.01%	0	Timeline
MORTVANECK ETF TRUST	425	$4.75K	<0.01%	+200	Timeline
JPINJ P MORGAN EXCHANGE TRADED F	83	$4.74K	<0.01%	0	Timeline
EWXSPDR INDEX SHS FDS	82	$4.64K	<0.01%	0	Timeline
SPIPSPDR SERIES TRUST	175	$4.62K	<0.01%	0	Timeline
DRIVGLOBAL X FDS	217	$4.59K	<0.01%	0	Timeline
MOOVANECK ETF TRUST	67	$4.55K	<0.01%	-213	Timeline
QQQJINVESCO EXCH TRADED FD TR II	154	$4.47K	<0.01%	new	Timeline
SRVRPACER FDS TR	152	$4.46K	<0.01%	0	Timeline
ERYDIREXION SHARES ETF TRUST	214	$4.4K	<0.01%	+1	Timeline
HEFAISHARES TR	120	$4.36K	<0.01%	new	Timeline
FDRRFIDELITY COVINGTON TRUST	84	$4.2K	<0.01%	0	Timeline
XSLVINVESCO EXCH TRADED FD TR II	90	$4.16K	<0.01%	0	Timeline
EMHYISHARES INC	108	$4.13K	<0.01%	0	Timeline
IGLBISHARES TR	81	$4.07K	<0.01%	0	Timeline
TMFDIREXION SHARES ETF TRUST	92	$4.05K	<0.01%	-482	Timeline
YANGDIREXION SHARES ETF TRUST	102	$4.04K	<0.01%	new	Timeline
VIOVVANGUARD ADMIRAL FDS INC	47	$3.94K	<0.01%	-437	Timeline
TBFPROSHARES TR	165	$3.89K	<0.01%	0	Timeline
SHYGISHARES TR	90	$3.83K	<0.01%	0	Timeline
SENEBSENECA FOODS CORP NEW	42	$3.81K	<0.01%	0	Timeline
VWOBVANGUARD WHITEHALL FDS	59	$3.79K	<0.01%	-22	Timeline
BBHVANECK ETF TRUST	24	$3.78K	<0.01%	0	Timeline
SCJISHARES INC	49	$3.76K	<0.01%	0	Timeline
PXIINVESCO EXCHANGE TRADED FD T	82	$3.58K	<0.01%	0	Timeline
PSLINVESCO EXCHANGE TRADED FD T	33	$3.58K	<0.01%	0	Timeline
PIZINVESCO EXCH TRADED FD TR II	91	$3.46K	<0.01%	0	Timeline
CFOVICTORY PORTFOLIOS II	50	$3.43K	<0.01%	0	Timeline
PTHINVESCO EXCHANGE TRADED FD T	83	$3.27K	<0.01%	0	Timeline
RSPFINVESCO EXCHANGE TRADED FD T	45	$3.26K	<0.01%	0	Timeline
PGJINVESCO EXCHANGE TRADED FD T	110	$3.26K	<0.01%	-41	Timeline
XRTSPDR SERIES TRUST	47	$3.25K	<0.01%	-1,382	Timeline
JIREJ P MORGAN EXCHANGE TRADED F	50	$3.19K	<0.01%	-8	Timeline
PSTPROSHARES TR	138	$3.16K	<0.01%	0	Timeline
IDLVINVESCO EXCH TRADED FD TR II	103	$3.12K	<0.01%	0	Timeline
HEWJISHARES TR	73	$3.06K	<0.01%	new	Timeline
P3 HEALTH PARTNERS INCP3 HEALTH PARTNERS INC	18,003	$2.95K	<0.01%	-4,449
EUSBISHARES TR	68	$2.95K	<0.01%	0	Timeline
TBXPROSHARES TR	102	$2.87K	<0.01%	0	Timeline
DBEINVESCO DB MULTI-SECTOR COMM	146	$2.86K	<0.01%	0	Timeline
FENYFIDELITY COVINGTON TRUST	111	$2.84K	<0.01%	+104	Timeline
BNDWVANGUARD SCOTTSDALE FDS	41	$2.82K	<0.01%	0	Timeline
VTCVANGUARD SCOTTSDALE FDS	35	$2.69K	<0.01%	0	Timeline
NANRSPDR INDEX SHS FDS	48	$2.67K	<0.01%	0	Timeline
RSPMINVESCO EXCHANGE TRADED FD T	83	$2.63K	<0.01%	0	Timeline
BIBPROSHARES TR	53	$2.55K	<0.01%	0	Timeline
PWVINVESCO EXCHANGE TRADED FD T	40	$2.38K	<0.01%	0	Timeline
ILTBISHARES TR	46	$2.3K	<0.01%	-14	Timeline
PSCTINVESCO EXCH TRADED FD TR II	57	$2.29K	<0.01%	0	Timeline
SOCLGLOBAL X FDS	51	$2.24K	<0.01%	0	Timeline
CMBSISHARES TR	46	$2.21K	<0.01%	0	Timeline
KBWYINVESCO EXCH TRADED FD TR II	132	$2.2K	<0.01%	0	Timeline
BETZLISTED FDS TR	113	$2.12K	<0.01%	0	Timeline
PBDINVESCO EXCH TRADED FD TR II	197	$2.08K	<0.01%	0	Timeline
IBBISHARES TR	16	$2.05K	<0.01%	new	Timeline
UMDDPROSHARES TR	96	$2K	<0.01%	new	Timeline
ADAPYADAPTIMMUNE THERAPEUTICS PLC S	10,113	$1.99K	<0.01%	new	Timeline
RWMPROSHARES TR	92	$1.91K	<0.01%	-245	Timeline
EFZPROSHARES TR	120	$1.86K	<0.01%	0	Timeline
Direxion Daily S&P 500 Bear…Direxion Daily S&P 500 Bear 3X Sh…	237	$1.69K	<0.01%	-847
FVALFIDELITY COVINGTON TRUST	27	$1.61K	<0.01%	-126	Timeline
XTLSPDR SERIES TRUST	16	$1.6K	<0.01%	-235	Timeline
ACESALPS ETF TR	66	$1.51K	<0.01%	-43	Timeline
FTXOFIRST TR EXCHANGE TRADED FD	46	$1.4K	<0.01%	0	Timeline
RPARTIDAL TRUST I	65	$1.28K	<0.01%	new	Timeline
HYEMVANECK ETF TRUST	62	$1.22K	<0.01%	0	Timeline
DIREXION SHS ETF TRDIREXION SHS ETF TR	215	$1.21K	<0.01%	new
PTFINVESCO EXCHANGE TRADED FD T	20	$1.18K	<0.01%	0	Timeline
TTTPROSHARES TR	16	$1.1K	<0.01%	0	Timeline
PCEFINVESCO EXCH TRADED FD TR II	57	$1.07K	<0.01%	0	Timeline
DVYEISHARES INC	39	$1.06K	<0.01%	0	Timeline
EPUISHARES TR	23	$1.01K	<0.01%	0	Timeline
KRBNKRANESHARES TRUST	33	$931	<0.01%	0	Timeline
RLJ LODGING TRRLJ LODGING TR	28	$683	<0.01%	new
RINGISHARES INC	16	$614	<0.01%	0	Timeline
PIDINVESCO EXCHANGE TRADED FD T	21	$400	<0.01%	0	Timeline
NLRVANECK ETF TRUST	5	$366	<0.01%	new	Timeline
SPYXSPDR SERIES TRUST	7	$320	<0.01%	new	Timeline
REMXVANECK ETF TRUST	7	$277	<0.01%	0	Timeline
DIREXION SHS ETF TRDIREXION SHS ETF TR	33	$263	<0.01%	0
BBINJ P MORGAN EXCHANGE TRADED F	4	$246	<0.01%	0	Timeline
AIAISHARES TR	3	$217	<0.01%	-463	Timeline
PRFINVESCO EXCHANGE TRADED FD T	5	$202	<0.01%	-1,034	Timeline
CNRGSPDR SERIES TRUST	4	$201	<0.01%	0	Timeline
DBBINVESCO DB MULTI-SECTOR COMM	10	$192	<0.01%	0	Timeline
EWIISHARES INC	4	$169	<0.01%	0	Timeline
VNMVANECK ETF TRUST	12	$150	<0.01%	0	Timeline
IDEVISHARES TR	2	$138	<0.01%	0	Timeline
SPYDSPDR SERIES TRUST	2	$89	<0.01%	-10,331	Timeline
XPHSPDR SERIES TRUST	2	$88	<0.01%	-21	Timeline
DUGPROSHARES TR	2	$68	<0.01%	0	Timeline
TURISHARES INC	2	$66	<0.01%	-1,919	Timeline
GWXSPDR INDEX SHS FDS	2	$64	<0.01%	0	Timeline
DIVGLOBAL X FDS	3	$57	<0.01%	-314	Timeline
GUSHDIREXION SHARES ETF TRUST	2	$54	<0.01%	0	Timeline
IGEISHARES TR	1	$45	<0.01%	0	Timeline
FCGFIRST TR EXCHANGE-TRADED FD	1	$25	<0.01%	0	Timeline
ARKGARK ETF TR	1	$21	<0.01%	0	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 757. All 757

Security	Type	Amount	Value	Change
AAPLAPPLE INC COM	put	3,542,600	$787M	+978,100
TSLATESLA INC COM	put	2,568,200	$666M	+1,586,400
NVDANVIDIA CORPORATION COM	put	5,673,400	$615M	+3,702,000
AAPLAPPLE INC COM	call	2,530,900	$562M	+2,192,900
MSFTMICROSOFT CORP COM	put	1,447,000	$543M	+1,173,700
METAMETA PLATFORMS INC COM	put	827,700	$477M	+406,600
AMZNAMAZON COM INC COM	put	2,245,500	$427M	+1,730,400
NVDANVIDIA CORPORATION COM	call	3,926,300	$426M	+3,728,000
TSLATESLA INC COM	call	1,518,800	$394M	+1,149,100
MSFTMICROSOFT CORP COM	call	1,003,200	$377M	+983,500
AMZNAMAZON COM INC COM	call	1,814,800	$345M	+1,660,900
COSTCOSTCO WHOLESALE CORPORATION COM	put	345,100	$326M	-99,600
NFLXNETFLIX INC. COM	put	330,100	$308M	+47,600
BABOEING CO COM	put	1,713,700	$292M	+639,100
QCOMQUALCOMM INC COM	put	1,902,300	$292M	+345,400
METAMETA PLATFORMS INC COM	call	483,700	$279M	+411,200
AVGOBROADCOM INC COM	put	1,598,400	$268M	-385,200
AMDADVANCED MICRO DEVICES INC COM	put	2,596,600	$267M	+431,700
ADBEADOBE INC COM	put	646,100	$248M	+293,000
MUMICRON TECHNOLOGY INC COM	put	2,482,400	$216M	-1,252,000
BRK-BBERKSHIRE HATHAWAY INC DEL COM	put	381,700	$203M	+196,100
XOMEXXON MOBIL CORP COM	put	1,596,500	$190M	+1,258,600
CRMSALESFORCE INC COM	put	706,600	$190M	+394,000
GOOGLALPHABET INC COM	put	1,202,900	$186M	+862,600
INTCINTEL CORP COM	put	7,851,800	$178M	+3,869,600
AVGOBROADCOM INC COM	call	1,058,500	$177M	+872,100
CCITIGROUP INC COM	put	2,269,000	$161M	+516,100
LLYELI LILLY & CO COM	put	190,100	$157M	+85,300
JPMJPMORGAN CHASE & CO COM	put	633,700	$155M	+112,700
TXNTEXAS INSTRS INC COM	put	861,600	$155M	-64,700
CATCATERPILLAR INC COM	put	462,700	$153M	+309,800
GILDGILEAD SCIENCES INC COM	put	1,319,400	$148M	+1,282,900
PLTRPALANTIR TECHNOLOGIES INC COM	put	1,718,600	$145M	+1,592,200
SBUXSTARBUCKS CORP COM	put	1,440,600	$141M	+566,800
UNHUNITEDHEALTH GROUP INC COM	put	269,000	$141M	+242,200
ASMLASML HLDG NV STOK	put	203,900	$135M	-95,000
PDDPDD HOLDINGS INC ADR	put	1,126,600	$133M	+927,400
DISDISNEY WALT CO COM	put	1,317,800	$130M	+351,300
LULULULULEMON ATHLETICA INC COM	put	449,100	$127M	+39,200
BXBLACKSTONE INC COM	put	901,300	$126M	+706,300
AMGNAMGEN INC COM	put	399,900	$125M	+272,700
KWEBKRANESHARES TRUST CSI CHI INTERNET	put	3,555,900	$124M	+1,855,900
PFEPFIZER INC COM	put	4,770,200	$121M	+2,768,400
MSTRSTRATEGY INC Stock	put	418,300	$121M	+356,800
NEENEXTERA ENERGY INC COM	put	1,666,800	$118M	+772,400
PANWPALO ALTO NETWORKS INC COM	put	672,400	$115M	+454,400
CATCATERPILLAR INC COM	call	343,600	$113M	+300,400
PEPPEPSICO INC COM	put	735,900	$110M	+391,400
IBMINTERNATIONAL BUSINESS MACHS COM	put	430,900	$107M	-155,600
CCITIGROUP INC COM	call	1,462,100	$104M	+93,600
HDHOME DEPOT INC COM	put	280,400	$103M	+75,900
NKENIKE INC COM	put	1,603,300	$102M	+446,400
LRCXLAM RESEARCH CORP COM	put	1,383,900	$101M	-838,200
UNHUNITEDHEALTH GROUP INC COM	call	191,500	$100M	+188,900
INTCINTEL CORP COM	call	4,334,300	$98.4M	+35,600
JPMJPMORGAN CHASE & CO COM	call	396,400	$97.2M	-12,900
KOCOCA COLA CO COM	put	1,354,800	$97M	+153,200
GOOGLALPHABET INC COM	call	623,500	$96.4M	+465,500
NFLXNETFLIX INC. COM	call	101,900	$95M	+33,300
MRKMERCK & CO INC COM	put	1,041,000	$93.4M	+659,100
JNJJOHNSON & JOHNSON COM	put	543,400	$90.1M	-16,900
PDDPDD HOLDINGS INC ADR	call	736,600	$87.2M	+319,600
CRMSALESFORCE INC COM	call	324,400	$87.1M	+200,800
APPAPPLOVIN CORP Stock	put	326,600	$86.5M	+325,700
LINLINDE PLC COM	put	182,600	$85M	+16,700
AMATAPPLIED MATLS INC COM	put	581,100	$84.3M	+193,700
WMTWALMART INC COM	put	959,000	$84.2M	-120,200
BIIBBIOGEN INC Stock	put	610,300	$83.5M	+273,500
AMDADVANCED MICRO DEVICES INC COM	call	798,400	$82M	+278,000
PANWPALO ALTO NETWORKS INC COM	call	477,800	$81.5M	+436,700
BACBANK OF AMER CORP COM	put	1,948,800	$81.3M	+1,585,700
ABBVABBVIE INC COM	put	378,700	$79.3M	+183,500
DISDISNEY WALT CO COM	call	780,500	$77M	+59,100
BABOEING CO COM	call	449,200	$76.6M	-127,800
VZVERIZON COMMUNICATIONS INC COM	put	1,684,200	$76.4M	+116,900
WFCWELLS FARGO & CO COM	put	1,051,800	$75.5M	+518,300
TXNTEXAS INSTRS INC COM	call	419,900	$75.5M	+148,200
PGPROCTER & GAMBLE CO COM	put	435,500	$74.2M	+120,600
ADBEADOBE INC COM	call	191,800	$73.6M	+42,000
TAT&T INC COM	put	2,564,200	$72.5M	-1,022,300
MAMASTERCARD INCORPORATED COM	put	132,000	$72.4M	-12,400
BKNGBOOKING HOLDINGS INC COM	put	15,600	$71.9M	+9,500
ORCLORACLE CORP COM	put	514,000	$71.9M	-75,900
LULULULULEMON ATHLETICA INC COM	call	252,900	$71.6M	+44,200
COSTCOSTCO WHOLESALE CORPORATION COM	call	75,100	$71M	-8,700
MUMICRON TECHNOLOGY INC COM	call	798,100	$69.3M	-399,700
AXPAMERICAN EXPRESS CO COM	put	257,700	$69.3M	+20,900
XOMEXXON MOBIL CORP COM	call	578,500	$68.8M	+496,800
BRK-BBERKSHIRE HATHAWAY INC DEL COM	call	124,500	$66.3M	+500
ISRGINTUITIVE SURGICAL INC COM	put	131,900	$65.3M	+17,800
VVISA INC COM	put	185,900	$65.2M	+121,000
TJXTJX COS INC NEW COM	put	534,700	$65.1M	+160,300
LMTLOCKHEED MARTIN CORP COM	put	142,700	$63.7M	+55,800
QCOMQUALCOMM INC COM	call	405,900	$62.4M	-155,900
SCHWCHARLES SCHWAB CORP (THE) COM	put	795,800	$62.3M	+614,900
BLKBLACKROCK INC COM	put	63,800	$60.4M	+33,900
TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS	call	361,800	$60.1M	-129,800
UBSUBS GROUP AG Stock	put	1,927,500	$58.6M	-540,700
PLTRPALANTIR TECHNOLOGIES INC COM	call	683,400	$57.7M	+269,600
PYPLPAYPAL HLDGS INC STOK	call	881,700	$57.5M	+622,900

Sold out in Q1 2025

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

The largest 100 of 559. All 559

Security	Shares before	Value before	Type
TSLATESLA INC	1,023,779	$413M	shares
EAELECTRONIC ARTS INC	1,435,453	$210M	shares
MDLZMONDELEZ INTL INC	3,448,391	$206M	shares
XYZBLOCK INC	2,409,968	$205M	shares
EDRENDEAVOR GROUP HLDGS INC	6,263,118	$196M	shares
BRK-BBERKSHIRE HATHAWAY INC DEL	387,856	$176M	shares
SHWSHERWIN WILLIAMS CO	479,051	$163M	shares
SNOWSNOWFLAKE INC	1,010,595	$156M	shares
GMGENERAL MTRS CO	2,738,837	$146M	shares
PANWPALO ALTO NETWORKS INC	701,873	$128M	shares
XOMEXXON MOBIL CORP	1,172,149	$126M	shares
DVNDEVON ENERGY CORP NEW	3,291,978	$108M	shares
SCHWCHARLES SCHWAB CORP (THE)	1,286,713	$95.2M	shares
XLFSELECT SECTOR SPDR TR	1,662,799	$80.4M	shares
SMARTSHEET INC. (CLASS A)SMARTSHEET INC. (CLASS A)	1,381,993	$77.4M	shares
HASHICORP INCHASHICORP INC	2,182,988	$74.7M	shares
CARTMAPLEBEAR INC	1,779,959	$73.7M	shares
CHTRCHARTER COMMUNICATIONS INC	212,285	$72.8M	shares
MUMICRON TECHNOLOGY INC	828,337	$69.7M	shares
KEYKEYCORP	3,932,903	$67.4M	shares
EFXEQUIFAX INC	247,641	$63.1M	shares
LYBLYONDELLBASELL INDUSTRIES NV	838,293	$62.3M	shares
HWMHOWMET AEROSPACE INC	568,223	$62.1M	shares
NEMNEWMONT CORP	1,615,699	$60.1M	shares
IGVISHARES TR	549,389	$55M	shares
FEFIRSTENERGY CORP	1,372,966	$54.6M	shares
STLASTELLANTIS N.V	4,188,135	$54.6M	shares
FASTFASTENAL CO	734,458	$52.8M	shares
ACIALBERTSONS COMPANIES INC	2,679,175	$52.6M	shares
DRIDARDEN RESTAURANTS INC	262,587	$49M	shares
OREALTY INCOME CORP	852,374	$45.5M	shares
FFORD MTR CO	4,554,613	$45.1M	shares
CACICACI INTL INC	107,309	$43.4M	shares
SHELSHELL PLC	683,793	$42.8M	shares
NRGNRG ENERGY INC	463,336	$41.8M	shares
CCICROWN CASTLE INC	459,631	$41.7M	shares
RHPRYMAN HOSPITALITY PPTYS INC	378,750	$39.5M	shares
PGPROCTER & GAMBLE CO	232,497	$39M	shares
CCKCROWN HLDGS INC	424,367	$35.1M	shares
FYBRFRONTIER COMMUNICATIONS PARE	1,000,000	$34.7M	put
WDCWESTERN DIGITAL CORP	571,496	$34.1M	shares
XLKSELECT SECTOR SPDR TR	140,600	$32.7M	put
BUDANHEUSER BUSCH INBEV SA NV	622,349	$31.2M	shares
OUTFRONT MEDIA INCOUTFRONT MEDIA INC	1,684,860	$29.9M	shares
ZUORA INCZUORA INC	2,776,324	$27.5M	shares
AREALEXANDRIA REAL ESTATE EQ IN	281,824	$27.5M	shares
APPFAPPFOLIO INC	111,070	$27.4M	shares
ESSESSEX PPTY TR INC	95,395	$27.2M	shares
INSMINSMED INC	389,033	$26.9M	shares
XLCSELECT SECTOR SPDR TR	274,848	$26.6M	shares
ENLINK MIDSTREAM LLCENLINK MIDSTREAM LLC	1,875,398	$26.5M	shares
XLKSELECT SECTOR SPDR TR	113,800	$26.5M	call
VLOVALERO ENERGY CORP	214,741	$26.3M	shares
GATOS SILVER INCGATOS SILVER INC	1,881,564	$26.3M	shares
NUNU HLDGS LTD	2,527,158	$26.2M	shares
OVVOVINTIV INC	645,115	$26.1M	shares
MANHMANHATTAN ASSOCIATES INC	95,988	$25.9M	shares
DVDOUBLEVERIFY HLDGS INC	1,331,638	$25.6M	shares
STMSTMICROELECTRONICS N V	997,217	$24.9M	shares
FISFIDELITY NATL INFORMATION SV	305,014	$24.6M	shares
CPAYCORPAY INC	70,082	$23.7M	shares
XLFSELECT SECTOR SPDR TR	487,300	$23.6M	put
BLDTOPBUILD COR	73,000	$22.7M	shares
BBYBEST BUY INC	264,608	$22.7M	shares
ZSZSCALER INC	125,086	$22.6M	shares
CMCSACOMCAST CORP NEW	595,643	$22.4M	shares
INFINERA CORPINFINERA CORP	3,267,580	$21.5M	shares
MDBMONGODB INC	87,111	$20.3M	shares
ITUBITAU UNIBANCO HLDG S A	4,073,043	$20.2M	shares
AWKAMERICAN WTR WKS CO INC NEW	160,845	$20M	shares
NBIXNEUROCRINE BIOSCIENCES INC	145,111	$19.8M	shares
SMHVANECK ETF TRUST	80,200	$19.4M	call
SMHVANECK ETF TRUST	80,100	$19.4M	put
BBWIBATH & BODY WORKS INC	473,633	$18.4M	shares
DUOLDUOLINGO INC	54,891	$17.8M	shares
SILVERCREST METALS INCSILVERCREST METALS INC	1,939,672	$17.7M	shares
UMCUNITED MICROELECTRONICS CORP	2,679,214	$17.4M	shares
PATHUIPATH INC	1,326,303	$16.9M	shares
IBPINSTALLED BLDG PRODS INC	95,966	$16.8M	shares
INDEPENDENT BANK GROUP INCINDEPENDENT BANK GROUP INC	271,233	$16.5M	shares
XLFSELECT SECTOR SPDR TR	327,400	$15.8M	call
FTAIFTAI AVIATION LTD	108,082	$15.6M	shares
CIVICIVITAS RESOURCES INC	333,503	$15.3M	shares
APOAPOLLO GLOBAL MGMT INC	91,692	$15.1M	shares
PREMIER FINANCIAL CORPPREMIER FINANCIAL CORP	590,572	$15.1M	shares
HLNEHAMILTON LANE INC	100,131	$14.8M	shares
ERIEERIE INDTY CO	35,727	$14.7M	shares
AZEK CO INCAZEK CO INC	300,943	$14.3M	shares
INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS	498,642	$14M	shares
CROSSFIRST BANKSHARES INCCROSSFIRST BANKSHARES INC	906,801	$13.7M	shares
PSXPHILLIPS 66	118,070	$13.5M	shares
OLEDUNIVERSAL DISPLAY CORP	90,552	$13.2M	shares
REVELYST INCREVELYST INC	676,914	$13M	shares
HEARTLAND FINL USA INCHEARTLAND FINL USA INC	207,792	$12.7M	shares
TRIPTRIPADVISOR INC	861,175	$12.7M	shares
NICENICE LTD	74,232	$12.6M	shares
QIAGEN NVQIAGEN NV	281,428	$12.5M	shares
HSYHERSHEY CO	73,983	$12.5M	shares
AITAPPLIED INDL TECHNOLOGIES IN	52,183	$12.5M	shares
MRNAMODERNA INC	293,652	$12.2M	shares

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 0001729829-25-000048	base		2025-05-15	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC