Skip to content
Disclosery

Simplify Asset Management Inc.

Follow

13F filer, CIK 1846368, Las Vegas, NV

Simplify Asset Management Inc. reported $1,987,745,561 across 89 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-07. Its ten largest share positions make up 88.92% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-25-002950

Period
2025-06-30
Reported value
$1.99B
Holdings
89
Top 10 weight
88.92%
New
17
Sold out
22

Largest buys vs the previous quarter

SecurityShares changeApprox. value
SBARnew+1,100,000$28.8M
XVnew+1,000,000$26.6M
EYEnew+281,211$6.47M
AGGadded+62,496$6.2M
WGSnew+56,700$5.23M

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
SPYexited-872,087-$488M
IVVreduced-90,009-$55.9M
CDXexited-1,299,393-$29.8M
SPUCreduced-421,134-$18.8M
TYAreduced-926,000-$12.5M

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, Q2 2025

Share positions as resolved from 13F-HR 0001172661-25-002950, largest first. % of portfolio is the value over $1,650,446,036, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
IVVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 744,368 shares; 2024Q4: 987,258 shares; 2025Q1: 1,203,395 shares; 2025Q2: 1,113,386 shares 1,113,386$691M41.89%-90,009Timeline
AGGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,409,731 shares; 2024Q4: 2,319,638 shares; 2025Q1: 3,046,844 shares; 2025Q2: 3,109,340 shares 3,109,340$308M18.69%+62,496Timeline
AGGHSIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,193,254 shares; 2024Q4: 5,193,254 shares; 2025Q1: 5,193,254 shares; 2025Q2: 5,193,254 shares 5,193,254$107M6.49%0Timeline
QISSIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 62,035 shares; 2024Q4: 162,293 shares; 2025Q1: 4,041,360 shares; 2025Q2: 3,927,620 shares 3,927,620$86.4M5.23%-113,740Timeline
SPUCSIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,334,812 shares; 2025Q2: 1,913,678 shares 1,913,678$85.6M5.18%-421,134Timeline
NMBSIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,126,710 shares; 2024Q4: 3,126,710 shares; 2025Q1: 3,121,709 shares; 2025Q2: 2,714,076 shares 2,714,076$67.8M4.11%-407,633Timeline
TYASIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,866,164 shares; 2024Q4: 3,843,182 shares; 2025Q1: 3,948,182 shares; 2025Q2: 3,022,182 shares 3,022,182$40.8M2.47%-926,000Timeline
SBARSIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,100,000 shares 1,100,000$28.8M1.75%newTimeline
XVSIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,000,000 shares 1,000,000$26.6M1.61%newTimeline
PAGPPLAINS GP HLDGS L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,272,360 shares; 2024Q4: 1,272,360 shares; 2025Q1: 1,272,360 shares; 2025Q2: 1,272,360 shares 1,272,360$24.7M1.5%0Timeline
LLYELI LILLY & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,082 shares; 2024Q4: 8,609 shares; 2025Q1: 14,290 shares; 2025Q2: 14,117 shares 14,117$11M0.67%-173Timeline
AKROAKERO THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 283,766 shares; 2024Q4: 264,677 shares; 2025Q1: 145,609 shares; 2025Q2: 145,609 shares 145,609$7.77M0.47%0Timeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,720 shares; 2024Q4: 12,531 shares; 2025Q1: 12,904 shares; 2025Q2: 24,141 shares 24,141$7.67M0.46%+11,237Timeline
HODLVANECK BITCOIN ETFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 121,480 shares; 2025Q2: 248,616 shares 248,616$7.58M0.46%+127,136Timeline
FOXYSIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 463,739 shares; 2025Q2: 289,943 shares 289,943$7.57M0.46%-173,796Timeline
PCTPURECYCLE TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,772,056 shares; 2024Q4: 1,161,208 shares; 2025Q1: 510,086 shares; 2025Q2: 519,017 shares 519,017$7.11M0.43%+8,931Timeline
ADMAADMA BIOLOGICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 385,188 shares; 2025Q1: 343,609 shares; 2025Q2: 381,139 shares 381,139$6.94M0.42%+37,530Timeline
EYENATIONAL VISION HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 281,211 shares 281,211$6.47M0.39%newTimeline
GILDGILEAD SCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 96,202 shares; 2024Q4: 46,167 shares; 2025Q1: 21,272 shares; 2025Q2: 52,890 shares 52,890$5.86M0.36%+31,618Timeline
NBIXNEUROCRINE BIOSCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 20,274 shares; 2025Q2: 46,497 shares 46,497$5.84M0.35%+26,223Timeline
ARQTARCUTIS BIOTHERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 742,299 shares; 2025Q1: 660,557 shares; 2025Q2: 409,432 shares 409,432$5.74M0.35%-251,125Timeline
WGSGENEDX HOLDINGS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 56,700 shares 56,700$5.23M0.32%newTimeline
PMPHILIP MORRIS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 18,480 shares; 2025Q2: 28,051 shares 28,051$5.11M0.31%+9,571Timeline
PHATPHATHOM PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 521,935 shares; 2024Q4: 581,935 shares; 2025Q1: 681,935 shares; 2025Q2: 521,935 shares 521,935$5.01M0.3%-160,000Timeline
ISRGINTUITIVE SURGICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 23,230 shares; 2024Q4: 13,487 shares; 2025Q1: 12,223 shares; 2025Q2: 8,699 shares 8,699$4.73M0.29%-3,524Timeline
CAHCARDINAL HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 6,101 shares; 2025Q1: 51,212 shares; 2025Q2: 23,229 shares 23,229$3.89M0.24%-27,983Timeline
DHRDANAHER CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,072 shares; 2024Q4: 1,365 shares; 2025Q1: 41,844 shares; 2025Q2: 18,245 shares 18,245$3.6M0.22%-23,599Timeline
FLRFLUOR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 68,174 shares 68,174$3.5M0.21%newTimeline
ABBVABBVIE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,252 shares; 2024Q4: not reported; 2025Q1: 20,402 shares; 2025Q2: 18,384 shares 18,384$3.41M0.21%-2,018Timeline
CVSCVS HEALTH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 9,114 shares; 2025Q1: 9,105 shares; 2025Q2: 46,966 shares 46,966$3.24M0.2%+37,861Timeline
ABEOABEONA THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 408,584 shares; 2024Q4: 408,584 shares; 2025Q1: 408,584 shares; 2025Q2: 558,584 shares 558,584$3.17M0.19%+150,000Timeline
PCRXPACIRA BIOSCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 37,742 shares; 2025Q1: 134,042 shares; 2025Q2: 120,843 shares 120,843$2.89M0.17%-13,199Timeline
ACHVACHIEVE LIFE SCIENCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 217,845 shares; 2024Q4: 217,845 shares; 2025Q1: 217,845 shares; 2025Q2: 1,184,512 shares 1,184,512$2.68M0.16%+966,667Timeline
CORCENCORA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 8,753 shares 8,753$2.62M0.16%newTimeline
RMDRESMED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 30,141 shares; 2025Q1: 11,101 shares; 2025Q2: 10,005 shares 10,005$2.58M0.16%-1,096Timeline
LITLSIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 91,464 shares 91,464$2.53M0.15%newTimeline
AZNASTRAZENECA PLC-SPONS ADRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 35,990 shares; 2025Q2: 32,451 shares 32,451$2.27M0.14%-3,539Timeline
REGNREGENERON PHARMACEUTICALSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,591 shares; 2024Q4: 6,258 shares; 2025Q1: 2,758 shares; 2025Q2: 3,697 shares 3,697$1.94M0.12%+939Timeline
MISTMILESTONE PHARMACEUTICALS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 850,000 shares; 2025Q2: 990,000 shares 990,000$1.92M0.12%+140,000Timeline
GEHCGE HEALTHCARE TECHNOLOGIES IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 24,776 shares 24,776$1.84M0.11%newTimeline
DXCMDEXCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 105,405 shares; 2025Q1: 18,809 shares; 2025Q2: 20,650 shares 20,650$1.8M0.11%+1,841Timeline
ALHCALIGNMENT HEALTHCARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 132,774 shares; 2025Q1: 133,466 shares; 2025Q2: 120,321 shares 120,321$1.68M0.1%-13,145Timeline
RITMRITHM CAPITAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 134,800 shares; 2024Q4: 175,780 shares; 2025Q1: 190,780 shares; 2025Q2: 142,085 shares 142,085$1.6M0.1%-48,695Timeline
INSMINSMED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 20,520 shares; 2025Q1: 20,630 shares; 2025Q2: 15,536 shares 15,536$1.56M0.09%-5,094Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 67,601 shares; 2024Q4: 43,013 shares; 2025Q1: 42,217 shares; 2025Q2: 10,005 shares 10,005$1.53M0.09%-32,212Timeline
TCRXTSCAN THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,046,916 shares; 2024Q4: 1,046,916 shares; 2025Q1: 1,046,916 shares; 2025Q2: 1,046,916 shares 1,046,916$1.52M0.09%0Timeline
DGXQUEST DIAGNOSTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 20,671 shares; 2025Q2: 8,161 shares 8,161$1.47M0.09%-12,510Timeline
DCTHDELCATH SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 17,000 shares; 2025Q1: 117,000 shares; 2025Q2: 106,629 shares 106,629$1.45M0.09%-10,371Timeline
Applied Therapeutics IncApplied Therapeutics IncQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,817,505 shares; 2024Q4: 2,817,505 shares; 2025Q1: 4,487,505 shares; 2025Q2: 4,487,505 shares 4,487,505$1.4M0.08%0
RVTYREVVITY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,303 shares; 2024Q4: 15,920 shares; 2025Q1: 16,003 shares; 2025Q2: 14,426 shares 14,426$1.4M0.08%-1,577Timeline
GHGUARDANT HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 26,631 shares 26,631$1.39M0.08%newTimeline
BHVNBIOHAVEN LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 96,389 shares 96,389$1.36M0.08%newTimeline
NKTRNEKTAR THERAPEUTICSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 51,998 shares 51,998$1.34M0.08%newTimeline
ABTABBOTT LABORATORIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,083 shares; 2024Q4: 22,079 shares; 2025Q1: 10,858 shares; 2025Q2: 9,794 shares 9,794$1.33M0.08%-1,064Timeline
ZVRAZEVRA THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 120,000 shares; 2024Q4: 120,000 shares; 2025Q1: 120,000 shares; 2025Q2: 147,000 shares 147,000$1.3M0.08%+27,000Timeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,372 shares; 2024Q4: 12,057 shares; 2025Q1: 13,427 shares; 2025Q2: 4,051 shares 4,051$1.26M0.08%-9,376Timeline
IQVIQVIA HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,637 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 7,940 shares 7,940$1.25M0.08%newTimeline
NLYANNALY CAPITAL MANAGEMENT INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 123,302 shares; 2024Q4: 80,274 shares; 2025Q1: 105,190 shares; 2025Q2: 62,900 shares 62,900$1.18M0.07%-42,290Timeline
SNYSANOFI SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 204,143 shares; 2024Q4: 40,387 shares; 2025Q1: 40,597 shares; 2025Q2: 20,716 shares 20,716$1M0.06%-19,881Timeline
TMOTHERMO FISHER SCIENTIFIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,770 shares; 2024Q4: 9,023 shares; 2025Q1: 9,070 shares; 2025Q2: 2,147 shares 2,147$871K0.05%-6,923Timeline
BNTCBENITEC BIOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 116,535 shares; 2024Q4: 76,337 shares; 2025Q1: 76,735 shares; 2025Q2: 69,173 shares 69,173$809K0.05%-7,562Timeline
ARGXARGENX SEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,419 shares; 2024Q4: 1,611 shares; 2025Q1: 1,619 shares; 2025Q2: 1,467 shares 1,467$809K0.05%-152Timeline
AGNCAGNC INVT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 132,000 shares; 2024Q4: 143,550 shares; 2025Q1: 321,550 shares; 2025Q2: 86,000 shares 86,000$790K0.05%-235,550Timeline
BSXBOSTON SCIENTIFIC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 7,103 shares 7,103$763K0.05%newTimeline
EYPTEYEPOINT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 88,155 shares; 2025Q2: 79,472 shares 79,472$748K0.05%-8,683Timeline
CIMCHIMERA INVT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,000 shares; 2024Q4: 25,700 shares; 2025Q1: 70,700 shares; 2025Q2: 51,025 shares 51,025$708K0.04%-19,675Timeline
EWEDWARDS LIFESCIENCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 80,758 shares; 2025Q1: 9,799 shares; 2025Q2: 8,830 shares 8,830$691K0.04%-969Timeline
NXTISIMPLIFY EXCHANGE TRADED FUNQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,521 shares; 2024Q4: 26,999 shares; 2025Q1: 25,825 shares; 2025Q2: 22,303 shares 22,303$686K0.04%-3,522Timeline
LGNDLIGAND PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 6,616 shares; 2025Q2: 5,970 shares 5,970$679K0.04%-646Timeline
TWOTWO HARBORS INVENTMENT CORPOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,000 shares; 2024Q4: 11,000 shares; 2025Q1: 31,000 shares; 2025Q2: 53,250 shares 53,250$574K0.03%+22,250Timeline
RAREULTRAGENYX PHARMACEUTICAL INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 16,810 shares; 2025Q1: 16,900 shares; 2025Q2: 15,210 shares 15,210$553K0.03%-1,690Timeline
CITHE CIGNA GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,933 shares; 2024Q4: 12,551 shares; 2025Q1: 21,359 shares; 2025Q2: 1,544 shares 1,544$510K0.03%-19,815Timeline
FULCFULCRUM THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 351,314 shares; 2024Q4: 80,714 shares; 2025Q1: 81,134 shares; 2025Q2: 73,154 shares 73,154$503K0.03%-7,980Timeline
VRTXVERTEX PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 4,689 shares; 2025Q1: 1,195 shares; 2025Q2: 1,081 shares 1,081$481K0.03%-114Timeline
ATHIRA PHARMA INCATHIRA PHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,492,792 shares; 2024Q4: 1,492,792 shares; 2025Q1: 1,492,792 shares; 2025Q2: 1,492,792 shares 1,492,792$451K0.03%0
COOCOOPER COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,868 shares; 2024Q4: 15,793 shares; 2025Q1: 6,908 shares; 2025Q2: 6,224 shares 6,224$443K0.03%-684Timeline
SYKSTRYKER CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,812 shares; 2024Q4: 1,206 shares; 2025Q1: 1,212 shares; 2025Q2: 1,098 shares 1,098$434K0.03%-114Timeline
LIVNLIVANOVA PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,346 shares; 2024Q4: 9,397 shares; 2025Q1: 9,446 shares; 2025Q2: 8,905 shares 8,905$401K0.02%-541Timeline
CAPRCAPRICOR THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 40,000 shares 40,000$397K0.02%newTimeline
TGTXTG THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 11,237 shares; 2025Q1: 11,288 shares; 2025Q2: 10,204 shares 10,204$367K0.02%-1,084Timeline
PODDINSULET CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,006 shares 1,006$316K0.02%newTimeline
CHWYCHEWY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 183,662 shares; 2024Q4: 73,411 shares; 2025Q1: 7,092 shares; 2025Q2: 6,451 shares 6,451$275K0.02%-641Timeline
CYPHCYPHERPUNK TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,056,895 shares; 2024Q4: 946,046 shares; 2025Q1: 950,973 shares; 2025Q2: 857,360 shares 857,360$255K0.02%-93,613Timeline
MMM3M COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 39,434 shares; 2024Q4: 25,871 shares; 2025Q1: 1,770 shares; 2025Q2: 1,606 shares 1,606$244K0.01%-164Timeline
SNDXSYNDAX PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 122,185 shares; 2024Q4: 147,641 shares; 2025Q1: 147,785 shares; 2025Q2: 25,049 shares 25,049$235K0.01%-122,736Timeline
AGLAGILON HEALTH INC COM (DE)Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 168,696 shares; 2024Q4: 110,520 shares; 2025Q1: 111,096 shares; 2025Q2: 100,152 shares 100,152$230K0.01%-10,944Timeline
QVCAQQVC GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 12,000 shares 12,000$33K<0.01%newTimeline

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
GLDSPDR GOLD TR GOLD SHSput997,500$307M-423,100
IBITISHARES BITCOIN TRUST ETF SHScall510,000$30.5Mnew

Sold out in Q2 2025

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

SecurityShares beforeValue beforeType
SPYSTATE STR SPDR S&P 500 ETF T872,087$488Mshares
MSTRSTRATEGY INC391,500$119Mput
CDXSIMPLIFY EXCHANGE TRADED FUN1,299,393$29.8Mshares
MDGLMADRIGAL PHARMACEUTICALS INC16,302$5.4Mshares
RNAMAVIDITY BIOSCIENCES INC125,000$3.69Mshares
IJRISHARES TR23,346$2.44Mshares
TSLLDIREXION SHARES ETF TRUST245,408$2.34Mshares
HARDSIMPLIFY EXCHANGE TRADED FUN66,957$2.08Mshares
RFIXSIMPLIFY EXCHANGE TRADED FUN37,400$2Mshares
CTASIMPLIFY EXCHANGE TRADED FUN66,957$1.98Mshares
SIMPLIFY US SMLLCAP PLUS INCSIMPLIFY US SMLLCAP PLUS INC95,000$1.86Mshares
TFXTELEFLEX INCORPORATED12,826$1.77Mshares
SIMPLIFY EXCHANGE TRADED FUNSIMPLIFY EXCHANGE TRADED FUN57,200$1.36Mshares
PMTPENNYMAC MTG INVT TR86,100$1.26Mshares
SIMPLIFY EXCHANGE TRADED FUNSIMPLIFY EXCHANGE TRADED FUN32,131$795Kshares
ESTAESTABLISHMENT LABS HLDGS INC16,222$662Kshares
SIMPLIFY EXCHANGE TRADED FUNSIMPLIFY EXCHANGE TRADED FUN25,825$659Kshares
ARRARMOUR RESIDENTIAL REIT INC37,500$641Kshares
ZBHZIMMER BIOMET HOLDINGS INC2,326$263Kshares
SRPTSAREPTA THERAPEUTICS INC4,054$259Kshares
CMPXCOMPASS THERAPEUTICS INC120,000$228Kshares
QURATE RETAIL INCQURATE RETAIL INC600,000$121Kshares

How Q2 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 0001172661-25-002950 base2025-08-07acceptance time not in the bulk data set