Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (12 quarters reported)
$137M in Q4 2021 → $1.4B now. Hover for any quarter.
As reported for the quarter ended September 30, 2025. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr Put | 97.9% | Added 30% | 2,050,000 | $1.37B |
| IT Ishares Tr Put | 1.5% | Trimmed 50% | 250,000 | $20.3M |
| IT Ishares Tr Put | 0.7% | Trimmed 43% | 40,000 | $9.68M |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended September 30, 2025 · filed October 21, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | Added | +475,000 | +$316M | 97.9% |
| IT Ishares Tr | Trimmed | −250,000 | −$20.3M | 1.5% |
| IT Ishares Tr | Trimmed | −30,000 | −$7.26M | 0.7% |
| I Ishares Inc | Exited | −200,000 | −$5.77M | — |
| ES ETF Ser Solutions | Exited | −200,000 | −$4.59M | — |
quarter ended June 30, 2025 · filed August 01, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | Added | +955,000 | +$590M | 93.7% |
| IT Ishares Tr | Trimmed | −200,000 | −$16.1M | 3.9% |
| SS Select Sector SPDR Tr | Exited | −40,000 | −$7.9M | — |
| ES ETF Ser Solutions | New | +200,000 | +$4.59M | 0.4% |
| IT Ishares Tr | Exited | −20,000 | −$3.99M | — |
| IT Ishares Tr | Added | +10,000 | +$2.16M | 1.5% |
quarter ended March 31, 2025 · filed May 07, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | Exited | −1,000,000 | −$586M | — |
| SS SPDR S&P 500 ETF Tr | Exited | −980,400 | −$575M | — |
| SS SPDR S&P 500 ETF Tr | Added | +100,000 | +$55.9M | 80.5% |
| IT Ishares Tr | Added | +500,000 | +$39.4M | 12.8% |
| SS Select Sector SPDR Tr | New | +40,000 | +$7.9M | 1.8% |
| I Ishares Inc | New | +200,000 | +$5.17M | 1.2% |
| IT Ishares Tr | New | +20,000 | +$3.99M | 0.9% |
| Intel Corp | Exited | −150,000 | −$3.01M | — |
quarter ended December 31, 2024 · filed February 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | New | +1,000,000 | +$586M | 39.1% |
| SS SPDR S&P 500 ETF Tr | New | +980,400 | +$575M | 38.4% |
| IQ Invesco Qqq Tr | Exited | −9,999,000 | −$358M | — |
| SS SPDR S&P 500 ETF Tr | Added | +345,000 | +$202M | 20.4% |
| IT Ishares Tr | Trimmed | −850,000 | −$66.5M | 1.0% |
| IT Ishares Tr | New | +60,000 | +$13.3M | 0.9% |
| Intel Corp | New | +150,000 | +$3.01M | 0.2% |
| GG Geo Group Inc New | Exited | −750 | −$613K | — |
quarter ended September 30, 2023 · filed November 13, 2023
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IQ Invesco Qqq Tr | Added | +8,660,000 | +$310M | 95.8% |
| SS SPDR S&P 500 ETF Tr | Added | +157,500 | +$6.73M | 2.0% |
| IT Ishares Tr | Added | +910,500 | +$6.71M | 2.1% |
| IT Ishares Tr | Exited | −17,500 | −$3.28M | — |
| I Ishares Inc | Exited | −28,400 | −$921K | — |
| GG Geo Group Inc New | New | +750 | +$613K | 0.2% |
| MP Mallinckrodt PLC | Exited | −5,760 | −$6.8K | — |
quarter ended June 30, 2023 · filed August 14, 2023
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IQ Invesco Qqq Tr | New | +1,339,000 | +$495M | 95.7% |
| SS SPDR S&P 500 ETF Tr | Trimmed | −7,900 | −$3.5M | 1.5% |
| IT Ishares Tr | Trimmed | −15,100 | −$2.83M | 0.6% |
| I Ishares Inc | New | +28,400 | +$921K | 0.2% |
| IT Ishares Tr | Added | +8,700 | +$653K | 2.0% |
| MP Mallinckrodt PLC | Trimmed | −5,000 | −$5.9K | — |
quarter ended March 31, 2023 · filed May 15, 2023
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | Added | +17,100 | +$6.99M | 40.0% |
| IT Ishares Tr | Added | +32,000 | +$2.4M | 37.7% |
| SS Select Sector SPDR Tr | Exited | −16,900 | −$1.66M | — |
| GL Gol Linhas Aereas Inteligent | Exited | −440,000 | −$1.17M | — |
| I Ishares Inc | Exited | −27,200 | −$761K | — |
| Abercrombie & Fitch Co | Exited | −24,700 | −$566K | — |
| IT Ishares Tr | Trimmed | −900 | −$158K | 22.0% |
| MP Mallinckrodt PLC | New | +10,760 | +$74.9K | 0.3% |
quarter ended December 31, 2022 · filed February 13, 2023
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IT Ishares Tr | Added | +33,123 | +$5.78M | 28.6% |
| SS SPDR S&P 500 ETF Tr | Added | +8,061 | +$3.08M | 15.5% |
| IT Ishares Tr | Added | +31,866 | +$2.35M | 35.6% |
| SS Select Sector SPDR Tr | New | +16,900 | +$1.66M | 8.1% |
| GL Gol Linhas Aereas Inteligent | Added | +436,400 | +$1.17M | 5.7% |
| Thryv Holdings Inc | Exited | −410 | −$936K | — |
| I Ishares Inc | New | +27,200 | +$761K | 3.7% |
| Halliburton Co | Exited | −250 | −$615K | — |
| Ringcentral Inc | Exited | −142 | −$567K | — |
| Abercrombie & Fitch Co | Added | +24,201 | +$554K | 2.8% |
Loading...
