TORNO CAPITAL, LLC
Follow13F filer, CIK 1974312, COHASSET, MA
TORNO CAPITAL, LLC reported $2,294,034,499 across 83 holdings for the quarter ended 2025-09-30, in a 13F-HR/A filed 2026-08-14. Its ten largest share positions make up 99.56% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0001974312-26-000009
A NEW HOLDINGS amendment repeated most of the original and was read as a restatement (H3).
- Period
- 2025-09-30
- Reported value
- $2.29B
- Holdings
- 83
- Top 10 weight
- 99.56%
- New
- 54
- Sold out
- 34
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| KWEBadded | +7,305,250 | $307M |
| GOOGLnew | +360,000 | $87.5M |
| GOOGadded | +107,500 | $26.2M |
| UNHnew | +50,000 | $17.3M |
| VALKYRIE ETF TRUST IInew | +200,000 | $3.47M |
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 |
|---|---|---|
| SPYexited | -23,000 | -$14.2M |
| PEPexited | -30,000 | -$3.96M |
| ELVexited | -10,000 | -$3.89M |
| BOXXreduced | -11,670 | -$1.33M |
| IBITexited | -20,000 | -$1.22M |
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/A 0001974312-26-000009, largest first. % of portfolio is the value over $755,486,801, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| KWEBKRANESHARES TRUST | 12,200,000 | $513M | 67.84% | +7,305,250 | Timeline | ||
| GOOGALPHABET INC | 495,000 | $121M | 15.96% | +107,500 | Timeline | ||
| GOOGLALPHABET INC | 360,000 | $87.5M | 11.58% | new | Timeline | ||
| UNHUNITEDHEALTH GROUP INC | 50,000 | $17.3M | 2.29% | new | Timeline | ||
| VALKYRIE ETF TRUST IIVALKYRIE ETF TRUST II | 200,000 | $3.47M | 0.46% | new | |||
| VNQVANGUARD INDEX FDS | 32,000 | $2.93M | 0.39% | +22,000 | Timeline | ||
| SKYDPARAMOUNT SKYDANCE CORP | 127,500 | $2.41M | 0.32% | new | Timeline | ||
| NVDLGRANITESHARES ETF TR | 25,000 | $2.34M | 0.31% | new | Timeline | ||
| ETHAISHARES ETHEREUM TR | 55,000 | $1.73M | 0.23% | new | Timeline | ||
| EMPDEMPERY DIGITAL INC | 190,000 | $1.43M | 0.19% | new | Timeline | ||
| HOODROBINHOOD MKTS INC | 5,000 | $716K | 0.09% | new | Timeline | ||
| IRENIREN LIMITED | 14,000 | $657K | 0.09% | new | Timeline | ||
| BOXXEA SERIES TRUST | 5,680 | $647K | 0.09% | -11,670 | Timeline | ||
| MURAL ONCOLOGY PUB LTD COMURAL ONCOLOGY PUB LTD CO | 170,000 | $352K | 0.05% | new | |||
| PLRXPLIANT THERAPEUTICS INC | 130,916 | $194K | 0.03% | new | Timeline | ||
| AIFCAI FINL CORP | 67,700 | $182K | 0.02% | new | Timeline | ||
| SCPHARMACEUTICALS INCSCPHARMACEUTICALS INC | 30,000 | $170K | 0.02% | new | |||
| MIRMIRION TECHNOLOGIES INC | 6,410 | $149K | 0.02% | new | Timeline | ||
| AGIOAGIOS PHARMACEUTICALS INC | 2,500 | $100K | 0.01% | new | Timeline | ||
| ZETAZETA GLOBAL HOLDINGS CORP | 2,500 | $49.7K | 0.01% | new | Timeline | ||
| ALABASTERA LABS INC | 250 | $49K | 0.01% | new | Timeline | ||
| LAVA THERAPEUTICS NVLAVA THERAPEUTICS NV | 15,000 | $23.4K | <0.01% | new | |||
| KINSKINGSTONE COS INC | 1,500 | $22.1K | <0.01% | -1,500 | Timeline | ||
| SXTPW60 DEGREES PHARMACEUTICALS I | 47,169 | $1.75K | <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).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| KWEBKRANESHARES TRUST CSI CHI INTERNET | put | 12,866,300 | $541M | +6,641,100 |
| UNHUNITEDHEALTH GROUP INC COM | call | 595,100 | $205M | new |
| GOOGLALPHABET INC COM | put | 600,000 | $146M | +310,000 |
| UNHUNITEDHEALTH GROUP INC COM | put | 254,100 | $87.7M | new |
| SOXLDIREXION SHARES ETF TRUST DAI SEM BUL ETF | put | 1,923,000 | $67M | +754,900 |
| CATCATERPILLAR INC COM | call | 137,200 | $65.5M | new |
| TSLATESLA INC COM | call | 147,000 | $65.4M | +58,100 |
| GOOGALPHABET INC COM | put | 250,000 | $60.9M | new |
| BMIBADGER METER INC Stock | call | 187,500 | $33.5M | new |
| WDCWESTERN DIGITAL CORP COM | put | 248,800 | $29.9M | new |
| LITELUMENTUM HLDGS INC Stock | call | 161,000 | $26.2M | new |
| TQQQPROSHARES TR ULTRAPRO QQQ | put | 184,500 | $19.1M | -457,000 |
| VALKYRIE ETF TRUST IIVALKYRIE ETF TRUST II COINSHARES BITCN | put | 1,050,000 | $18.2M | new |
| AIVAPARTMENT INVT & MGMT CO REIT | call | 2,000,000 | $15.9M | new |
| GOOGALPHABET INC COM | call | 58,900 | $14.3M | new |
| NVDLGRANITESHARES ETF TR 2X LONG NVDA DAI | put | 150,000 | $14M | new |
| EWGISHARES INC MSCI GERMANY ETF | call | 335,000 | $13.9M | +267,100 |
| BMIBADGER METER INC Stock | put | 77,000 | $13.8M | new |
| MSTRSTRATEGY INC Stock | put | 30,000 | $9.67M | new |
| CRDOCREDO TECHNOLOGY GROUP HOLDI Stock | put | 62,500 | $9.1M | new |
| SNDKSANDISK CORP COM | call | 80,000 | $8.98M | new |
| IBITISHARES BITCOIN TRUST ETF SHS | call | 138,000 | $8.97M | new |
| CSCOCISCO SYS INC COM | put | 112,500 | $7.7M | new |
| KWEBKRANESHARES TRUST CSI CHI INTERNET | call | 160,000 | $6.72M | -440,000 |
| STNGSCORPIO TANKERS INC SHS | call | 110,000 | $6.17M | 0 |
| VNQVANGUARD INDEX FDS SHS | put | 50,000 | $4.57M | +10,000 |
| IRENIREN LIMITED STOK | put | 80,000 | $3.75M | -45,000 |
| IRENIREN LIMITED STOK | call | 77,900 | $3.66M | -17,500 |
| SKYDPARAMOUNT SKYDANCE CORP COM CL B | put | 130,000 | $2.46M | new |
| JCIJOHNSON CONTROLS INTERNATION Stock | call | 21,500 | $2.36M | new |
| JNJJOHNSON & JOHNSON COM | call | 12,200 | $2.26M | +300 |
| ISRGINTUITIVE SURGICAL INC COM | call | 4,600 | $2.06M | -14,400 |
| ABBVABBVIE INC COM | call | 7,800 | $1.81M | +900 |
| ALABASTERA LABS INC COM | call | 9,000 | $1.76M | new |
| METMETLIFE INC Stock | call | 19,000 | $1.57M | +1,000 |
| VLOVALERO ENERGY CORP Stock | call | 8,900 | $1.52M | +100 |
| AEPAMERICAN ELEC PWR CO INC Stock | call | 13,100 | $1.47M | +1,100 |
| DUKDUKE ENERGY CORP NEW COM | call | 11,300 | $1.4M | 0 |
| IBMINTERNATIONAL BUSINESS MACHS COM | call | 4,900 | $1.38M | -1,000 |
| ETHAISHARES ETHEREUM TR COM | call | 40,000 | $1.26M | new |
| RFREGIONS FINANCIAL CORP NEW Stock | call | 41,000 | $1.08M | +2,500 |
| LYBLYONDELLBASELL INDUSTRIES NV Stock | call | 20,000 | $981K | new |
| ETHAISHARES ETHEREUM TR COM | put | 30,000 | $945K | new |
| HUTHUT 8 CORP COM | call | 26,600 | $926K | new |
| PCARPACCAR INC Stock | call | 8,900 | $875K | -100 |
| RIOTRIOT PLATFORMS INC COM | call | 40,000 | $761K | new |
| LMTLOCKHEED MARTIN CORP COM | call | 1,500 | $749K | new |
| OILKPROSHARES TR K-1 FREE CRD OIL | call | 18,000 | $722K | 0 |
| CNCCENTENE CORP DEL Stock | call | 20,000 | $714K | new |
| ZETAZETA GLOBAL HOLDINGS CORP Stock | call | 22,500 | $447K | new |
| SERVSERVE ROBOTICS INC COM | call | 34,800 | $405K | new |
| AGIOAGIOS PHARMACEUTICALS INC COM | put | 10,000 | $401K | new |
| FOLDAMICUS THERAPEUTIC COM | put | 50,000 | $394K | new |
| FOLDAMICUS THERAPEUTIC COM | call | 50,000 | $394K | new |
| MIRMIRION TECHNOLOGIES INC COM CL A | put | 15,000 | $349K | new |
| KINSKINGSTONE COS INC COMMON STOCK | call | 22,500 | $331K | 0 |
| SKYDPARAMOUNT SKYDANCE CORP COM CL B | call | 10,000 | $189K | new |
| AIFCAI FINL CORP Stock | call | 50,000 | $134K | new |
| BGSFBGSF INC COM | call | 5,000 | $35.5K | new |
Sold out in Q3 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| PEPPEPSICO INC | 687,000 | $90.7M | call |
| ELVELEVANCE HEALTH INC FORMERLY | 93,900 | $36.5M | put |
| XLESELECT SECTOR SPDR TR | 390,000 | $33.1M | put |
| ELVELEVANCE HEALTH INC FORMERLY | 78,000 | $30.3M | call |
| SNOWSNOWFLAKE INC | 75,000 | $16.8M | call |
| SPYSTATE STR SPDR S&P 500 ETF T | 23,000 | $14.2M | shares |
| SPOTSPOTIFY TECHNOLOGY S A | 18,300 | $14M | call |
| SOXXISHARES TR | 20,000 | $4.77M | call |
| JPMJPMORGAN CHASE & CO | 15,600 | $4.52M | call |
| PEPPEPSICO INC | 30,000 | $3.96M | shares |
| ELVELEVANCE HEALTH INC FORMERLY | 10,000 | $3.89M | shares |
| WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC | 280,000 | $3.21M | call |
| CCLCARNIVAL CORP | 80,000 | $2.25M | put |
| MSMORGAN STANLEY | 13,300 | $1.87M | call |
| PMPHILIP MORRIS INTL INC | 9,100 | $1.66M | call |
| NVDANVIDIA CORPORATION | 10,000 | $1.58M | call |
| WGOWINNEBAGO INDS INC | 49,400 | $1.43M | put |
| IBITISHARES BITCOIN TRUST ETF | 20,000 | $1.22M | shares |
| PGPROCTER & GAMBLE CO | 6,900 | $1.1M | call |
| EWGISHARES INC | 25,000 | $1.06M | shares |
| CMECME GROUP INC | 3,500 | $965K | call |
| MDTMEDTRONIC PLC | 10,900 | $950K | call |
| HDHOME DEPOT INC | 2,500 | $917K | call |
| SBUXSTARBUCKS CORP | 9,700 | $889K | call |
| WGOWINNEBAGO INDS INC | 30,000 | $870K | shares |
| NEENEXTERA ENERGY INC | 11,600 | $805K | call |
| OMCOMNICOM GROUP INC | 10,500 | $755K | call |
| CRSPCRISPR THERAPEUTICS AG | 15,000 | $730K | call |
| WGOWINNEBAGO INDS INC | 20,000 | $580K | call |
| VIRVIR BIOTECHNOLOGY INC | 70,000 | $353K | call |
| TRUPTRUPANION INC | 4,400 | $244K | put |
| LKFTLAKEFRONT BIOTHERAPEUTICS NV | 7,500 | $210K | call |
| NXPINXP SEMICONDUCTORS N V | 500 | $109K | shares |
| NXPINXP SEMICONDUCTORS N V | 100 | $21.8K | put |
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 0001974312-25-000012 | superseded | 2025-11-14 | acceptance time not in the bulk data set | ||
| 13F-HR/A 0001974312-26-000009 | base | new holdings | 2026-08-14 | acceptance time not in the bulk data set |