Qube Research & Technologies Ltd

13F filer, CIK 1729829, LONDON, United Kingdom

Qube Research & Technologies Ltd reported $96,783,126,308 across 3,526 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 9.24% of the portfolio.

Filed 2025-11-14 (acceptance time not in the bulk data set), ingested 2026-10-07 03:02:25 UTC13F-HR 0001729829-25-000053

Period: 2025-09-30
Reported value: $96.8B
Holdings: 3,526
Top 10 weight: 9.24%
New: 544
Sold out: 523

Largest buys vs the previous quarter

Security	Shares change	Approx. value
MSFTadded	+1,519,479	$787M
AVGOnew	+2,284,316	$754M
HONadded	+2,309,981	$486M
GOOGLadded	+1,844,467	$448M
METAadded	+573,697	$421M

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
TMOreduced	-1,578,428	-$766M
AAPLreduced	-2,400,026	-$611M
MAreduced	-911,504	-$518M
CRMreduced	-1,920,641	-$455M
ABBVreduced	-1,830,775	-$424M

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 0001729829-25-000053, largest first. % of portfolio is the value over $70,654,192,717, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
DIGPROSHARES TR	309	$11.3K	<0.01%	new	Timeline
MDYVSPDR SERIES TRUST	135	$11.3K	<0.01%	+122	Timeline
XESSPDR SERIES TRUST	154	$11.1K	<0.01%	-154	Timeline
FXLFIRST TR EXCHANGE-TRADED FD	66	$11.1K	<0.01%	0	Timeline
IYTISHARES TR	152	$10.9K	<0.01%	+52	Timeline
IGPTINVESCO EXCHANGE TRADED FD T	200	$10.8K	<0.01%	0	Timeline
PSCHINVESCO EXCH TRADED FD TR II	259	$10.8K	<0.01%	-320	Timeline
HEROGLOBAL X FDS	318	$10.8K	<0.01%	-508	Timeline
SCHPSCHWAB STRATEGIC TR	392	$10.6K	<0.01%	new	Timeline
PDNINVESCO EXCH TRADED FD TR II	256	$10.5K	<0.01%	0	Timeline
JPUSJ P MORGAN EXCHANGE TRADED F	84	$10.4K	<0.01%	0	Timeline
SPYVSPDR SERIES TRUST	184	$10.2K	<0.01%	-10,616	Timeline
OPITQOFFICE PPTYS INCOME TR COM SHS	30,835	$10.2K	<0.01%	-29,071	Timeline
ESGDISHARES TR	107	$9.95K	<0.01%	+2	Timeline
TBTPROSHARES TR	290	$9.8K	<0.01%	-48	Timeline
CALFPACER FDS TR	222	$9.72K	<0.01%	-816	Timeline
DLSWISDOMTREE TR	122	$9.7K	<0.01%	0	Timeline
SPABSPDR SERIES TRUST	374	$9.67K	<0.01%	0	Timeline
LITELUMENTUM HLDGS INC	59	$9.6K	<0.01%	new	Timeline
FCPIFIDELITY COVINGTON TRUST	182	$9.12K	<0.01%	0	Timeline
OGIGALPS ETF TR	156	$8.96K	<0.01%	new	Timeline
VTWOVANGUARD SCOTTSDALE FDS	91	$8.9K	<0.01%	-293	Timeline
KIESPDR SERIES TRUST	149	$8.84K	<0.01%	-258,878	Timeline
PFXFVANECK ETF TRUST	495	$8.8K	<0.01%	-3,616	Timeline
QDFFLEXSHARES TR	110	$8.73K	<0.01%	0	Timeline
IPSCCENTURY THERAPEUTICS INC	17,501	$8.71K	<0.01%	-50,236	Timeline
PIEINVESCO EXCH TRADED FD TR II	356	$8.69K	<0.01%	0	Timeline
AVDEAMERICAN CENTY ETF TR	110	$8.68K	<0.01%	-66	Timeline
EPSWISDOMTREE TR	124	$8.55K	<0.01%	0	Timeline
INCOCOLUMBIA ETF TR II	128	$8.28K	<0.01%	-23	Timeline
IHAKISHARES TR	157	$8.22K	<0.01%	-681	Timeline
RSPSINVESCO EXCHANGE TRADED FD T	272	$7.95K	<0.01%	0	Timeline
SLYVSPDR SERIES TRUST	89	$7.89K	<0.01%	-2,791	Timeline
TMVDIREXION SHARES ETF TRUST	225	$7.88K	<0.01%	-248	Timeline
SLXVANECK ETF TRUST	108	$7.83K	<0.01%	0	Timeline
FANFIRST TR EXCHANGE-TRADED FD	407	$7.82K	<0.01%	0	Timeline
DWXSPDR INDEX SHS FDS	178	$7.6K	<0.01%	0	Timeline
EESWISDOMTREE TR	133	$7.43K	<0.01%	0	Timeline
CLOUGLOBAL X FDS	317	$7.37K	<0.01%	-35,165	Timeline
TPORDIREXION SHARES ETF TRUST	263	$7.34K	<0.01%	0	Timeline
UTSLDIREXION SHARES ETF TRUST	166	$7.31K	<0.01%	new	Timeline
PNQIINVESCO EXCHANGE TRADED FD T	130	$7.26K	<0.01%	0	Timeline
HLALLISTED FDS TR	120	$7.12K	<0.01%	+20	Timeline
FINXGLOBAL X FDS	209	$7.01K	<0.01%	-33	Timeline
TLHISHARES TR	68	$7K	<0.01%	0	Timeline
DFJWISDOMTREE TR	72	$6.83K	<0.01%	0	Timeline
DFIPDIMENSIONAL ETF TRUST	161	$6.8K	<0.01%	-27	Timeline
ONLNPROSHARES TR	111	$6.74K	<0.01%	0	Timeline
DFIVDIMENSIONAL ETF TRUST	145	$6.69K	<0.01%	-179	Timeline
FXHFIRST TR EXCHANGE-TRADED FD	60	$6.58K	<0.01%	0	Timeline
XMLVINVESCO EXCH TRADED FD TR II	102	$6.48K	<0.01%	0	Timeline
PGFINVESCO EXCHANGE TRADED FD T	439	$6.42K	<0.01%	0	Timeline
AOKISHARES TR	159	$6.38K	<0.01%	0	Timeline
IBUYAMPLIFY ETF TR	83	$6.32K	<0.01%	0	Timeline
FNDFSCHWAB STRATEGIC TR	147	$6.32K	<0.01%	-1,853	Timeline
ECXWWECARX HOLDINGS INC	118,887	$6.19K	<0.01%	0	Timeline
DFEMDIMENSIONAL ETF TRUST	192	$6.16K	<0.01%	-2,514	Timeline
DBEUDBX ETF TR	131	$6.03K	<0.01%	0	Timeline
REETISHARES TR	231	$5.9K	<0.01%	-45,775	Timeline
LTPZPIMCO ETF TR	110	$5.86K	<0.01%	new	Timeline
IEZISHARES TR	301	$5.81K	<0.01%	new	Timeline
RTHVANECK ETF TRUST	23	$5.77K	<0.01%	0	Timeline
ARKXARK ETF TR	202	$5.77K	<0.01%	-667	Timeline
DFAIDIMENSIONAL ETF TRUST	153	$5.56K	<0.01%	-208	Timeline
JPINJ P MORGAN EXCHANGE TRADED F	83	$5.53K	<0.01%	0	Timeline
AFDMFIRST TR EXCH TRADED FD III	72	$5.52K	<0.01%	0	Timeline
EWXSPDR INDEX SHS FDS	82	$5.52K	<0.01%	0	Timeline
QQQJINVESCO EXCH TRADED FD TR II	154	$5.51K	<0.01%	0	Timeline
RLYSSGA ACTIVE ETF TR	177	$5.47K	<0.01%	0	Timeline
SPEMSPDR INDEX SHS FDS	112	$5.24K	<0.01%	-5,897	Timeline
QLTAISHARES TR	108	$5.24K	<0.01%	0	Timeline
VPLVANGUARD INTL EQUITY INDEX F	59	$5.18K	<0.01%	-1,126	Timeline
SPLBSPDR SERIES TRUST	224	$5.18K	<0.01%	0	Timeline
PJPINVESCO EXCHANGE TRADED FD T	55	$5.09K	<0.01%	0	Timeline
URTHISHARES INC	28	$5.08K	<0.01%	-67	Timeline
SCHRSCHWAB STRATEGIC TR	202	$5.08K	<0.01%	0	Timeline
SMIGETF SER SOLUTIONS	167	$4.95K	<0.01%	-1,913	Timeline
PEYINVESCO EXCHANGE TRADED FD T	234	$4.93K	<0.01%	0	Timeline
FDRRFIDELITY COVINGTON TRUST	84	$4.92K	<0.01%	0	Timeline
FIDUFIDELITY COVINGTON TRUST	59	$4.83K	<0.01%	-61	Timeline
SRVRPACER FDS TR	152	$4.82K	<0.01%	0	Timeline
EPIWISDOMTREE TR	106	$4.68K	<0.01%	-275	Timeline
SPIPSPDR SERIES TRUST	175	$4.61K	<0.01%	0	Timeline
CGWINVESCO EXCH TRADED FD TR II	71	$4.56K	<0.01%	0	Timeline
DFICDIMENSIONAL ETF TRUST	139	$4.56K	<0.01%	-1,525	Timeline
IVLUISHARES TR	128	$4.54K	<0.01%	new	Timeline
SCJISHARES INC	49	$4.51K	<0.01%	0	Timeline
ERYDIREXION SHARES ETF TRUST	221	$4.48K	<0.01%	new	Timeline
SENEBSENECA FOODS CORP NEW	40	$4.36K	<0.01%	0	Timeline
PIZINVESCO EXCH TRADED FD TR II	91	$4.34K	<0.01%	0	Timeline
EMHYISHARES INC	108	$4.29K	<0.01%	0	Timeline
ZROZPIMCO ETF TR	62	$4.21K	<0.01%	0	Timeline
IGLBISHARES TR	81	$4.17K	<0.01%	0	Timeline
XSLVINVESCO EXCH TRADED FD TR II	90	$4.17K	<0.01%	0	Timeline
PTMCPACER FDS TR	116	$4.15K	<0.01%	-177	Timeline
XRTSPDR SERIES TRUST	47	$4.05K	<0.01%	-4,976	Timeline
KBWDINVESCO EXCH TRADED FD TR II	297	$4.02K	<0.01%	-285	Timeline
KNGFIRST TR EXCHANGE-TRADED FD	81	$3.99K	<0.01%	-273	Timeline
QCLNFIRST TR EXCHANGE-TRADED FD	95	$3.99K	<0.01%	-27	Timeline
FXOFIRST TR EXCHANGE-TRADED FD	67	$3.98K	<0.01%	-74	Timeline
BBHVANECK ETF TRUST	24	$3.98K	<0.01%	0	Timeline
TBFPROSHARES TR	165	$3.91K	<0.01%	0	Timeline
SHYGISHARES TR	90	$3.9K	<0.01%	0	Timeline
VDCVANGUARD WORLD FD	18	$3.85K	<0.01%	-1,926	Timeline
PXIINVESCO EXCHANGE TRADED FD T	82	$3.84K	<0.01%	0	Timeline
CFOVICTORY PORTFOLIOS II	50	$3.69K	<0.01%	0	Timeline
FCGFIRST TR EXCHANGE-TRADED FD	157	$3.69K	<0.01%	+156	Timeline
PTHINVESCO EXCHANGE TRADED FD T	83	$3.66K	<0.01%	0	Timeline
PGJINVESCO EXCHANGE TRADED FD T	110	$3.65K	<0.01%	0	Timeline
BIZDVANECK ETF TRUST	244	$3.65K	<0.01%	+219	Timeline
PSLINVESCO EXCHANGE TRADED FD T	33	$3.63K	<0.01%	0	Timeline
EWZSISHARES TR	254	$3.53K	<0.01%	new	Timeline
RSPFINVESCO EXCHANGE TRADED FD T	45	$3.5K	<0.01%	0	Timeline
IDLVINVESCO EXCH TRADED FD TR II	103	$3.45K	<0.01%	0	Timeline
SRETGLOBAL X FDS	150	$3.25K	<0.01%	-151	Timeline
BIBPROSHARES TR	53	$3.16K	<0.01%	0	Timeline
NANRSPDR INDEX SHS FDS	48	$3.1K	<0.01%	0	Timeline
SOCLGLOBAL X FDS	51	$3.1K	<0.01%	0	Timeline
SPYXSPDR SERIES TRUST	56	$3.07K	<0.01%	new	Timeline
PSCTINVESCO EXCH TRADED FD TR II	57	$3.03K	<0.01%	0	Timeline
ILCGISHARES TR	29	$3.02K	<0.01%	new	Timeline
EUSBISHARES TR	68	$2.99K	<0.01%	0	Timeline
PBDINVESCO EXCH TRADED FD TR II	197	$2.97K	<0.01%	0	Timeline
VWOBVANGUARD WHITEHALL FDS	44	$2.94K	<0.01%	0	Timeline
IYZISHARES TR	91	$2.94K	<0.01%	-184,307	Timeline
BNDWVANGUARD SCOTTSDALE FDS	41	$2.86K	<0.01%	0	Timeline
SPHDINVESCO EXCH TRADED FD TR II	57	$2.82K	<0.01%	-26,752	Timeline
METVLISTED FDS TR	136	$2.8K	<0.01%	+100	Timeline
IEURISHARES TR	41	$2.79K	<0.01%	-78	Timeline
VTCVANGUARD SCOTTSDALE FDS	35	$2.74K	<0.01%	0	Timeline
RSPMINVESCO EXCHANGE TRADED FD T	83	$2.72K	<0.01%	0	Timeline
BETZLISTED FDS TR	113	$2.7K	<0.01%	0	Timeline
FENIFIDELITY COVINGTON TRUST	76	$2.68K	<0.01%	new	Timeline
PWVINVESCO EXCHANGE TRADED FD T	40	$2.61K	<0.01%	0	Timeline
MOOVANECK ETF TRUST	34	$2.5K	<0.01%	-16	Timeline
UMDDPROSHARES TR	96	$2.44K	<0.01%	0	Timeline
DFSVDIMENSIONAL ETF TRUST	73	$2.32K	<0.01%	-284	Timeline
ILTBISHARES TR	46	$2.32K	<0.01%	0	Timeline
CMBSISHARES TR	46	$2.26K	<0.01%	0	Timeline
XTLSPDR SERIES TRUST	16	$2.24K	<0.01%	0	Timeline
DFAXDIMENSIONAL ETF TRUST	68	$2.13K	<0.01%	-12,416	Timeline
ACESALPS ETF TR	66	$2.11K	<0.01%	0	Timeline
KBWYINVESCO EXCH TRADED FD TR II	132	$2.1K	<0.01%	0	Timeline
DRVDIREXION SHARES ETF TRUST	86	$2.04K	<0.01%	0	Timeline
UBTPROSHARES TR	114	$1.97K	<0.01%	new	Timeline
GSIEGOLDMAN SACHS ETF TR	47	$1.93K	<0.01%	-2,989	Timeline
PSTPROSHARES TR	87	$1.93K	<0.01%	-51	Timeline
MIDUDIREXION SHARES ETF TRUST	37	$1.88K	<0.01%	0	Timeline
FTXOFIRST TR EXCHANGE TRADED FD	46	$1.64K	<0.01%	0	Timeline
EFZPROSHARES TR	120	$1.6K	<0.01%	0	Timeline
BTSGBRIGHTSPRING HEALTH SVCS INC	15	$1.52K	<0.01%	new	Timeline
PRFINVESCO EXCHANGE TRADED FD T	32	$1.45K	<0.01%	-11,853	Timeline
OUSMALPS ETF TR	31	$1.39K	<0.01%	+3	Timeline
RPARTIDAL TRUST I	65	$1.37K	<0.01%	0	Timeline
TANINVESCO EXCH TRADED FD TR II	29	$1.26K	<0.01%	new	Timeline
HYEMVANECK ETF TRUST	62	$1.24K	<0.01%	0	Timeline
RPVINVESCO EXCHANGE TRADED FD T	12	$1.19K	<0.01%	-3,134	Timeline
DVYEISHARES INC	39	$1.16K	<0.01%	0	Timeline
PCEFINVESCO EXCH TRADED FD TR II	57	$1.14K	<0.01%	0	Timeline
VIOOVANGUARD ADMIRAL FDS INC	10	$1.1K	<0.01%	-29	Timeline
IDVISHARES TR	30	$1.1K	<0.01%	-38,804	Timeline
TTTPROSHARES TR	16	$1.09K	<0.01%	0	Timeline
KRBNKRANESHARES TRUST	33	$1.07K	<0.01%	0	Timeline
ITBISHARES TR	7	$751	<0.01%	-588,549	Timeline
RLJ LODGING TRRLJ LODGING TR	28	$706	<0.01%	0
HEFAISHARES TR	15	$594	<0.01%	-5,066	Timeline
FSMDFIDELITY COVINGTON TRUST	12	$528	<0.01%	-65	Timeline
FNDASCHWAB STRATEGIC TR	15	$467	<0.01%	-564	Timeline
QABAFIRST TR EXCHANGE-TRADED FD	8	$449	<0.01%	0	Timeline
PIDINVESCO EXCHANGE TRADED FD T	21	$447	<0.01%	0	Timeline
USRTISHARES TR	7	$411	<0.01%	0	Timeline
CWEBDIREXION SHARES ETF TRUST	6	$345	<0.01%	-4,050	Timeline
SPGPINVESCO EXCHANGE TRADED FD T	3	$341	<0.01%	-19	Timeline
CNRGSPDR SERIES TRUST	4	$337	<0.01%	0	Timeline
EDCDIREXION SHARES ETF TRUST	6	$306	<0.01%	new	Timeline
VISVANGUARD WORLD FD	1	$296	<0.01%	-223	Timeline
RSPTINVESCO EXCHANGE TRADED FD T	6	$267	<0.01%	0	Timeline
DEMWISDOMTREE TR	5	$230	<0.01%	-28,747	Timeline
SMLFISHARES TR	3	$223	<0.01%	-73	Timeline
VNMVANECK ETF TRUST	12	$214	<0.01%	0	Timeline
CHAUDIREXION SHARES ETF TRUST	9	$186	<0.01%	-79	Timeline
IJTISHARES TR	1	$142	<0.01%	0	Timeline
EDZDIREXION SHARES ETF TRUST	3	$120	<0.01%	new	Timeline
GDXJVANECK ETF TRUST	1	$99	<0.01%	-117,088	Timeline
XPHSPDR SERIES TRUST	2	$96	<0.01%	0	Timeline
SPYDSPDR SERIES TRUST	2	$88	<0.01%	-267	Timeline
GWXSPDR INDEX SHS FDS	2	$80	<0.01%	0	Timeline
TURISHARES INC	2	$68	<0.01%	0	Timeline
DUGPROSHARES TR	2	$67	<0.01%	0	Timeline
TBXPROSHARES TR	2	$56	<0.01%	-100	Timeline
DIVGLOBAL X FDS	3	$53	<0.01%	-300	Timeline
IGEISHARES TR	1	$49	<0.01%	0	Timeline
GUSHDIREXION SHARES ETF TRUST	2	$49	<0.01%	-478	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 833. All 833

Security	Type	Amount	Value	Change
HYGISHARES TR IBOXX HI YD ETF	put	10,100,000	$820M	+8,000,000
NVDANVIDIA CORPORATION COM	put	4,295,800	$802M	-2,390,200
TSLATESLA INC COM	put	1,527,700	$679M	-362,900
MSFTMICROSOFT CORP COM	put	1,223,800	$634M	-439,700
AAPLAPPLE INC COM	put	1,955,000	$498M	-930,500
NVDANVIDIA CORPORATION COM	call	2,452,900	$458M	-460,100
MSFTMICROSOFT CORP COM	call	785,500	$407M	+71,400
AVGOBROADCOM INC COM	put	1,214,200	$401M	-670,700
METAMETA PLATFORMS INC COM	put	503,200	$370M	-218,500
AMDADVANCED MICRO DEVICES INC COM	put	2,269,100	$367M	-143,200
METAMETA PLATFORMS INC COM	call	499,700	$367M	-4,300
GOOGLALPHABET INC COM	put	1,306,700	$318M	+263,400
MUMICRON TECHNOLOGY INC COM	put	1,807,900	$302M	-630,800
AMZNAMAZON COM INC COM	put	1,285,200	$282M	-471,200
AAPLAPPLE INC COM	call	1,052,300	$268M	-1,081,300
NFLXNETFLIX INC. COM	put	219,100	$263M	-16,800
FXIISHARES TR CHINA LG-CAP ETF	call	5,500,000	$226M	new
AVGOBROADCOM INC COM	call	681,200	$225M	-173,600
TSLATESLA INC COM	call	482,700	$215M	-274,700
ORCLORACLE CORP COM	put	760,000	$214M	-150,900
ADBEADOBE INC COM	put	593,400	$209M	-56,500
UNHUNITEDHEALTH GROUP INC COM	call	564,200	$195M	+324,600
AMZNAMAZON COM INC COM	call	853,500	$187M	-477,800
JPMJPMORGAN CHASE & CO COM	put	593,900	$187M	-135,700
COSTCOSTCO WHOLESALE CORPORATION COM	put	200,700	$186M	-21,300
LLYELI LILLY & CO COM	put	238,700	$182M	+22,700
NFLXNETFLIX INC. COM	call	151,400	$182M	+5,500
GOOGLALPHABET INC COM	call	739,500	$180M	-136,000
APPAPPLOVIN CORP Stock	put	239,200	$172M	-98,200
PLTRPALANTIR TECHNOLOGIES INC COM	put	898,300	$164M	-172,100
CRMSALESFORCE INC COM	put	677,400	$161M	-25,300
BABOEING CO COM	put	741,700	$160M	-114,700
MUMICRON TECHNOLOGY INC COM	call	949,400	$159M	-304,400
AMDADVANCED MICRO DEVICES INC COM	call	935,500	$151M	+136,700
CRWDCROWDSTRIKE HLDGS INC COM	call	308,400	$151M	+198,900
UNHUNITEDHEALTH GROUP INC COM	put	437,200	$151M	+224,800
ADBEADOBE INC COM	call	425,300	$150M	+198,800
ORCLORACLE CORP COM	call	520,400	$146M	-119,500
QCOMQUALCOMM INC COM	put	794,600	$132M	-419,000
APPAPPLOVIN CORP Stock	call	182,000	$131M	-7,100
BABOEING CO COM	call	565,300	$122M	+211,000
PLTRPALANTIR TECHNOLOGIES INC COM	call	666,100	$122M	+19,500
LULULULULEMON ATHLETICA INC COM	put	679,200	$121M	+224,200
JPMJPMORGAN CHASE & CO COM	call	380,000	$120M	-132,400
PYPLPAYPAL HLDGS INC STOK	call	1,740,400	$117M	-172,500
ASMLASML HLDG NV STOK	put	120,400	$117M	-50,800
CCITIGROUP INC COM	put	1,135,100	$115M	-521,200
XOMEXXON MOBIL CORP COM	put	1,001,100	$113M	-33,000
TXNTEXAS INSTRS INC COM	put	613,900	$113M	-94,100
TMOTHERMO FISHER SCIENTIFIC INC COM	put	229,600	$111M	+91,900
INTCINTEL CORP COM	put	3,283,900	$110M	-1,416,000
NKENIKE INC COM	put	1,558,600	$109M	-116,300
LLYELI LILLY & CO COM	call	142,000	$108M	+54,700
UBSUBS GROUP AG Stock	put	2,610,500	$107M	+579,300
COSTCOSTCO WHOLESALE CORPORATION COM	call	109,200	$101M	+15,900
MRKMERCK & CO INC COM	put	1,199,700	$101M	-12,900
BRK-BBERKSHIRE HATHAWAY INC DEL COM	put	194,000	$97.5M	-17,700
KWEBKRANESHARES TRUST CSI CHI INTERNET	put	2,300,000	$96.6M	-165,900
VVISA INC COM	put	281,200	$96M	+86,500
ABBVABBVIE INC COM	put	410,400	$95M	-118,800
MRKMERCK & CO INC COM	call	1,123,700	$94.3M	-130,300
CRWDCROWDSTRIKE HLDGS INC COM	put	191,900	$94.1M	+69,600
LULULULULEMON ATHLETICA INC COM	call	526,600	$93.7M	+219,000
CCITIGROUP INC COM	call	904,700	$91.8M	+88,500
IBMINTERNATIONAL BUSINESS MACHS COM	call	324,800	$91.6M	+136,600
CATCATERPILLAR INC COM	put	188,600	$90M	-114,200
PEPPEPSICO INC COM	put	619,700	$87M	-204,500
CVXCHEVRON CORPORATION COM	put	555,514	$86.3M	+41,314
BACBANK OF AMER CORP COM	put	1,670,600	$86.2M	-1,217,300
INTCINTEL CORP COM	call	2,558,000	$85.8M	-2,458,000
MRVLMARVELL TECHNOLOGY INC COM	call	1,012,900	$85.2M	-454,800
NEENEXTERA ENERGY INC COM	put	1,127,200	$85.1M	-746,200
IBMINTERNATIONAL BUSINESS MACHS COM	put	294,000	$83M	-64,100
MSTRSTRATEGY INC Stock	put	250,900	$80.8M	+3,300
CVXCHEVRON CORPORATION COM	call	512,832	$79.6M	+253,532
BABAALIBABA GROUP HLDG LTD SPONSORED ADS	call	443,700	$79.3M	-30,100
AMATAPPLIED MATLS INC COM	put	384,500	$78.7M	-175,700
VVISA INC COM	call	230,200	$78.6M	+94,800
PDDPDD HOLDINGS INC ADR	call	594,000	$78.5M	-136,700
CSCOCISCO SYS INC COM	put	1,146,600	$78.5M	-372,400
KOCOCA COLA CO COM	put	1,163,000	$77.1M	-156,600
CMGCHIPOTLE MEXICAN GRILL INC STOK	call	1,968,000	$77.1M	+925,100
TGTTARGET CORP Stock	call	850,400	$76.3M	+109,600
BXBLACKSTONE INC COM	put	443,900	$75.8M	-171,300
MDBMONGODB INC Stock	call	242,900	$75.4M	-5,400
BRK-BBERKSHIRE HATHAWAY INC DEL COM	call	148,300	$74.6M	-83,000
PDDPDD HOLDINGS INC ADR	put	560,500	$74.1M	-226,900
CRMSALESFORCE INC COM	call	311,800	$73.9M	-134,200
LRCXLAM RESEARCH CORP COM	call	548,700	$73.5M	-621,400
DELLDELL TECHNOLOGIES INC Stock	put	517,300	$73.3M	-18,100
LMTLOCKHEED MARTIN CORP COM	call	146,300	$73M	-34,500
LRCXLAM RESEARCH CORP COM	put	530,300	$71M	-503,700
CEGCONSTELLATION ENERGY CORP Stock	put	215,600	$70.9M	+9,600
NEMNEWMONT CORP COM	put	826,100	$69.6M	+102,500
GMGENERAL MTRS CO Stock	put	1,132,100	$69M	-252,600
NOWSERVICENOW INC COM	put	74,400	$68.5M	+19,900
HDHOME DEPOT INC COM	put	168,900	$68.4M	-71,100
COINCOINBASE GLOBAL INC Stock	call	202,100	$68.2M	+79,400
SBUXSTARBUCKS CORP COM	call	792,300	$67M	+251,100
NVONOVO-NORDISK A S ADR	call	1,200,500	$66.6M	+320,100

Sold out in Q3 2025

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

The largest 100 of 523. All 523

Security	Shares before	Value before	Type
LMTLOCKHEED MARTIN CORP	689,549	$319M	shares
APPAPPLOVIN CORP	845,092	$296M	shares
DHID R HORTON INC	2,074,012	$267M	shares
JUNIPER NETWORKS INCJUNIPER NETWORKS INC	5,002,746	$200M	shares
FTNTFORTINET INC	1,701,234	$180M	shares
HDHOME DEPOT INC	478,059	$175M	shares
LENLENNAR CORP	1,522,710	$168M	shares
BXBLACKSTONE INC	1,117,689	$167M	shares
TWLOTWILIO INC	1,129,453	$140M	shares
MELIMERCADOLIBRE INC	53,650	$140M	shares
HESS CORPHESS CORP	873,867	$121M	shares
UNHUNITEDHEALTH GROUP INC	385,242	$120M	shares
CNCCENTENE CORP DEL	1,966,720	$107M	shares
VZVERIZON COMMUNICATIONS INC	2,463,411	$107M	shares
HALHALLIBURTON CO	4,559,755	$92.9M	shares
CAVACAVA GROUP INC	1,053,914	$88.8M	shares
CATCATERPILLAR INC	226,553	$88M	shares
IBKRINTERACTIVE BROKERS GROUP IN	1,518,528	$84.1M	shares
AMATAPPLIED MATLS INC	458,432	$83.9M	shares
EXPEEXPEDIA GROUP INC	489,887	$82.6M	shares
DEDEERE & CO	161,962	$82.4M	shares
TERTERADYNE INC	914,653	$82.2M	shares
SouthState CorpSouthState Corp	888,507	$81.8M	shares
AMEDISYS INCAMEDISYS INC	790,548	$77.8M	shares
VMCVULCAN MATLS CO	295,024	$76.9M	shares
HOODROBINHOOD MKTS INC	811,523	$76M	shares
NUNU HLDGS LTD	5,513,012	$75.6M	shares
AXPAMERICAN EXPRESS CO	234,500	$74.8M	put
ONONON HLDG AG	1,323,952	$68.9M	shares
COPCONOCOPHILLIPS	756,104	$67.9M	shares
ENSTAR GROUP LIMITEDENSTAR GROUP LIMITED	201,713	$67.8M	shares
OMCOMNICOM GROUP INC	931,998	$67M	shares
GLWCORNING INC	1,239,044	$65.2M	shares
BABAALIBABA GROUP HLDG LTD	527,240	$59.8M	shares
ALEALLETE INC	924,076	$59.2M	shares
AMRZAMRIZE LTD	1,172,244	$58.4M	shares
RKLBROCKET LAB CORP	1,632,213	$58.4M	shares
BLDRBUILDERS FIRSTSOURCE INC	487,707	$56.9M	shares
GPNGLOBAL PMTS INC	662,447	$53M	shares
MANHMANHATTAN ASSOCIATES INC	249,174	$49.2M	shares
INFYINFOSYS LTD	2,559,477	$47.4M	shares
METMETLIFE INC	567,705	$45.7M	shares
AXONAXON ENTERPRISE INC	53,482	$44.3M	shares
BDXBECTON DICKINSON & CO	230,529	$39.7M	shares
WTWWILLIS TOWERS WATSON PLC LTD	129,038	$39.6M	shares
UNMUNUM GROUP	471,589	$38.1M	shares
MNSTMONSTER BEVERAGE CORP NEW	582,615	$36.5M	shares
TDGTRANSDIGM GROUP INC	22,172	$33.7M	shares
RGLDROYAL GOLD INC	188,247	$33.5M	shares
IBMINTERNATIONAL BUSINESS MACHS	110,342	$32.5M	shares
CHAMPIONX CORPORATIONCHAMPIONX CORPORATION	1,289,994	$32M	shares
WDAYWORKDAY INC	132,476	$31.8M	shares
ALGNALIGN TECHNOLOGY INC	165,163	$31.3M	shares
AURAURORA INNOVATION INC	5,963,664	$31.2M	shares
WSTWEST PHARMACEUTICAL SVSC INC	139,819	$30.6M	shares
RVMDREVOLUTION MEDICINES INC	786,017	$28.9M	shares
URIUNITED RENTALS INC	38,133	$28.7M	shares
PPLPPL CORP	838,519	$28.4M	shares
REDFIN CORPREDFIN CORP	2,490,184	$27.9M	shares
RHRH	146,938	$27.8M	shares
SRPTSAREPTA THERAPEUTICS INC	1,598,472	$27.3M	shares
MAG SILVER CORPMAG SILVER CORP	1,293,358	$27.3M	shares
XLBSELECT SECTOR SPDR TR	304,570	$26.7M	shares
BEKEKE HLDGS INC	1,420,940	$25.2M	shares
TRIUMPH GROUP INC NEWTRIUMPH GROUP INC NEW	951,595	$24.5M	shares
EVERI HLDGS INCEVERI HLDGS INC	1,696,924	$24.2M	shares
EEMISHARES TR	500,000	$24.1M	put
EEMISHARES TR	500,000	$24.1M	call
LLYELI LILLY & CO	28,440	$22.2M	shares
ROLROLLINS INC	389,011	$21.9M	shares
EGEVEREST GROUP LTD	63,257	$21.5M	shares
FARO TECHNOLOGIES INCFARO TECHNOLOGIES INC	474,061	$20.8M	shares
DOWDOW HLDGS INC	777,261	$20.6M	shares
EFXEQUIFAX INC	78,866	$20.5M	shares
SMRNUSCALE PWR CORP	513,673	$20.3M	shares
AMCOR PLCAMCOR PLC	2,182,308	$20.1M	shares
PYPLPAYPAL HLDGS INC	262,691	$19.5M	shares
COKECOCA COLA CONS INC	171,078	$19.1M	shares
LNTALLIANT ENERGY CORP	311,293	$18.8M	shares
AREALEXANDRIA REAL ESTATE EQ IN	258,919	$18.8M	shares
DVADAVITA INC	127,380	$18.1M	shares
GSGOLDMAN SACHS GROUP INC	25,000	$17.7M	put
PACIFIC PREMIER BANCORP INCPACIFIC PREMIER BANCORP INC	808,273	$17M	shares
ASHRDBX ETF TR	606,426	$16.7M	shares
SITIO ROYALTIES CORPSITIO ROYALTIES CORP	906,098	$16.7M	shares
AUANGLOGOLD ASHANTI PLC	364,578	$16.6M	shares
CORTCORCEPT THERAPEUTICS INC	225,382	$16.5M	shares
ROOKLINE BANCORP INC DELROOKLINE BANCORP INC DEL	1,552,353	$16.4M	shares
EQHEQUITABLE HLDGS INC	291,126	$16.3M	shares
HRIHERC HLDGS INC	123,913	$16.3M	shares
PLAYAGS INCPLAYAGS INC	1,293,418	$16.2M	shares
DUN & BRADSTREET HLDGS INCDUN & BRADSTREET HLDGS INC	1,770,250	$16.1M	shares
LPLALPL FINL HLDGS INC	42,763	$16M	shares
CVLTCOMMVAULT SYS INC	91,880	$16M	shares
FTVFORTIVE CORP	304,803	$15.9M	shares
IOTSAMSARA INC	391,499	$15.6M	shares
OLNOLIN CORP	772,049	$15.5M	shares
FITBFIFTH THIRD BANCORP	374,869	$15.4M	shares
COMPCOMPASS INC	2,349,932	$14.8M	shares
JOBYJOBY AVIATION INC	1,368,832	$14.4M	shares

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).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001729829-25-000053	base		2025-11-14	acceptance time not in the bulk data set	2026-10-07 03:02:25 UTC