Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (20 quarters reported)
$130M in Q4 2021 → $8.68B now. Hover for any quarter.
As reported for the quarter ended September 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| IQ Invesco Qqq Tr Put | 46.0% | New | 5,393,000 | $3.99B |
| SS State Str SPDR S&P 500 ETF T Put | 13.1% | Trimmed 43% | 1,490,000 | $1.14B |
| IT Ishares Tr Put | 7.9% | New | 2,477,700 | $689M |
| Calumet Inc | 3.2% | Trimmed 20% | 5,280,659 | $277M |
| Roivant Sciences Ltd | 3.1% | Trimmed 14% | 7,325,356 | $268M |
| Nektar Therapeutics | 2.3% | Added 8.2% | 3,345,978 | $203M |
| CS Core Scientific Inc New | 2.1% | Added 27% | 11,425,928 | $183M |
| Talen Energy Corp | 1.9% | Added 5.6% | 535,493 | $167M |
| Immunovant Inc | 1.8% | Added 47% | 4,612,692 | $156M |
| Indivior Pharmaceuticals Inc | 1.5% | Added 5.5% | 3,671,072 | $132M |
| Sotera Health Co | 1.3% | Added 4.7% | 6,111,053 | $113M |
| Sharonai Holdings Inc | 1.2% | Added 50% | 1,945,876 | $106M |
| Usa Today Co Inc | 1.1% | Added 3.1% | 14,504,707 | $91.2M |
| Roivant Sciences Ltd Call | 0.9% | Added 51% | 2,244,400 | $82.1M |
| Terawulf Inc Call | 0.9% | Added 210% | 5,275,000 | $78.1M |
| Cipher Digital Inc | 0.8% | Added 113% | 4,354,745 | $68.9M |
| Abivax Sa | 0.8% | Added 177% | 676,589 | $67M |
| First Solar Inc | 0.8% | Added 195% | 377,984 | $66.2M |
| Sable Offshore Corp | 0.7% | Added 104% | 17,101,876 | $59.2M |
| Golar Lng Ltd | 0.7% | Trimmed 1.7% | 1,200,679 | $57.1M |
| SE Solaris Energy Infras Inc | 0.6% | New | 786,838 | $56M |
| Vistra Corp | 0.6% | Trimmed 12% | 378,854 | $52.4M |
| Terawulf Inc | 0.6% | Added 36% | 3,384,531 | $50.1M |
| Echostar Corp | 0.6% | Added 8.3% | 544,646 | $48.7M |
| Quantum Corp | 0.5% | Trimmed 40% | 1,490,992 | $47.3M |
| Talen Energy Corp Call | 0.5% | New | 150,000 | $46.9M |
| Ftai Aviation Ltd | 0.5% | Added 9.0% | 271,260 | $45.3M |
| CS Core Scientific Inc New Call | 0.5% | Trimmed 54% | 2,750,000 | $43.9M |
| Cipher Digital Inc Call | 0.5% | Added 77% | 2,560,000 | $40.5M |
| Arbutus Biopharma Corp | 0.4% | Trimmed 57% | 8,143,994 | $38.9M |
| Sharonai Holdings Inc Call | 0.4% | New | 592,300 | $32.3M |
| UN Uniqure Nv | 0.4% | Trimmed 8.1% | 1,324,022 | $32M |
| SE Space Exploration Techn Corp | 0.4% | Unchanged | 208,890 | $31.5M |
| Hut 8 Corp | 0.3% | Added 120% | 347,942 | $30M |
| Staar Surgical Co | 0.3% | Added 23% | 1,304,957 | $29.5M |
| X-energy Inc | 0.2% | Added 39% | 1,394,413 | $19.8M |
| Golar Lng Ltd Call | 0.1% | Unchanged | 250,000 | $11.9M |
| AT Advisorshares Tr Call | 0.1% | Unchanged | 2,225,300 | $10.1M |
| Sable Offshore Corp Call | 0.1% | New | 1,800,000 | $6.23M |
| Lucid Diagnostics Inc | 0.1% | Unchanged | 6,000,000 | $4.51M |
| OM Odyssey Marine Expl Inc | 0.0% | Unchanged | 5,592,985 | $3.78M |
| Iren Limited Call | 0.0% | New | 74,500 | $3.05M |
| CS Core Scientific Inc New | 0.0% | Unchanged | 289,539 | $2.69M |
| Pavmed Inc | 0.0% | Unchanged | 461,539 | $1.7M |
| Fermi Inc | 0.0% | Unchanged | 352,671 | $1.48M |
| Applied Digital Corp | 0.0% | New | 50,000 | $1.22M |
| CS Core Scientific Inc New | 0.0% | Unchanged | 24,107 | $389K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended September 30, 2026 · filed October 06, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IQ Invesco Qqq Tr | New | +5,393,000 | +$3.99B | 46.0% |
| SS State Str SPDR S&P 500 ETF T | Trimmed | −1,113,500 | −$849M | 13.1% |
| IT Ishares Tr | New | +2,477,700 | +$689M | 7.9% |
| First Solar Inc | Exited | −471,500 | −$111M | — |
| Calumet Inc | Trimmed | −1,339,049 | −$70.1M | 3.2% |
| SE Solaris Energy Infras Inc | New | +786,838 | +$56M | 0.6% |
| Terawulf Inc | Added | +3,575,000 | +$52.9M | 0.9% |
| Arbutus Biopharma Corp | Trimmed | −10,951,589 | −$52.3M | 0.4% |
| CS Core Scientific Inc New | Trimmed | −3,250,000 | −$51.9M | 0.5% |
| Immunovant Inc | Added | +1,464,187 | +$49.5M | 1.8% |
Showing the 10 largest of 46 changes.
quarter ended June 30, 2026 · filed August 12, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS State Str SPDR S&P 500 ETF T | Trimmed | −3,865,100 | −$2.89B | 38.5% |
| SS SPDR Series Trust | Exited | −1,928,000 | −$246M | — |
| Apple Inc | Exited | −850,000 | −$216M | — |
| CS Core Scientific Inc New | Trimmed | −7,123,324 | −$182M | 4.6% |
| CS Core Scientific Inc New | Added | +3,466,000 | +$88.7M | 3.0% |
| Nektar Therapeutics | Added | +1,133,056 | +$79.1M | 4.3% |
| Sharonai Holdings Inc | Added | +877,087 | +$74.3M | 2.2% |
| Moderna Inc | Exited | −1,100,000 | −$55.9M | — |
| Indivior Pharmaceuticals Inc | Trimmed | −1,267,017 | −$52M | 2.8% |
| Echostar Corp | Exited | −375,000 | −$43.9M | — |
Showing the 10 largest of 51 changes.
quarter ended March 31, 2026 · filed May 15, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS State Str SPDR S&P 500 ETF T | Added | +2,761,600 | +$1.8B | 58.8% |
| IT Ishares Tr | Exited | −1,050,000 | −$258M | — |
| SS SPDR Series Trust | New | +1,928,000 | +$246M | 3.4% |
| Apple Inc | New | +850,000 | +$216M | 3.0% |
| IP Indivior PLC | Exited | −5,109,198 | −$183M | — |
| Indivior Pharmaceuticals Inc | New | +4,746,510 | +$145M | 2.0% |
| First Solar Inc | New | +458,700 | +$90.5M | 1.3% |
| CS Core Scientific Inc New | Trimmed | −5,943,600 | −$88.9M | 0.5% |
| Nektar Therapeutics | Added | +1,213,993 | +$87.3M | 2.0% |
| Hut 8 Corp | Exited | −1,752,500 | −$80.5M | — |
Showing the 10 largest of 50 changes.
quarter ended December 31, 2025 · filed February 11, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | Trimmed | −2,095,300 | −$1.43B | 52.1% |
| IP Indivior PLC | Trimmed | −5,394,954 | −$194M | 3.8% |
| Coreweave Inc | Exited | −1,180,000 | −$161M | — |
| IT Ishares Tr | Trimmed | −400,000 | −$98.5M | 5.3% |
| Avadel Pharmaceuticals PLC | Exited | −5,369,082 | −$82M | — |
| Hut 8 Corp | New | +1,752,500 | +$80.5M | 1.7% |
| CS Core Scientific Inc New | Added | +5,077,600 | +$73.9M | 2.5% |
| IB Ishares Bitcoin Trust ETF | New | +1,218,000 | +$60.5M | 1.2% |
| Talen Energy Corp | Added | +125,086 | +$46.9M | 3.0% |
| Roivant Sciences Ltd | Trimmed | −1,962,273 | −$42.6M | 4.4% |
Showing the 10 largest of 41 changes.
quarter ended September 30, 2025 · filed November 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IT Ishares Tr | Exited | −7,325,500 | −$591M | — |
| First Solar Inc | Exited | −2,844,000 | −$471M | — |
| IT Ishares Tr | New | +1,450,000 | +$351M | 5.6% |
| Coreweave Inc | New | +1,180,000 | +$161M | 2.6% |
| CS Core Scientific Inc New | Added | +8,593,951 | +$154M | 4.4% |
| SS SPDR S&P 500 ETF Tr | Trimmed | −185,200 | −$123M | 62.0% |
| Humana Inc | Exited | −411,500 | −$101M | — |
| First Solar Inc | Added | +330,692 | +$72.9M | 1.2% |
| Coreweave Inc | New | +279,051 | +$38.2M | 0.6% |
| Roivant Sciences Ltd | New | +2,435,500 | +$36.8M | 0.6% |
Showing the 10 largest of 51 changes.
quarter ended June 30, 2025 · filed August 13, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | Added | +3,952,500 | +$2.44B | 62.1% |
| IQ Invesco Qqq Tr | Exited | −1,525,000 | −$715M | — |
| First Solar Inc | New | +2,844,000 | +$471M | 7.9% |
| Humana Inc | New | +411,500 | +$101M | 1.7% |
| Talen Energy Corp | Exited | −250,000 | −$49.9M | — |
| Talen Energy Corp | Trimmed | −171,577 | −$49.9M | 1.5% |
| CS Core Scientific Inc New | Added | +2,563,500 | +$43.8M | 1.0% |
| Vistra Corp | Exited | −300,000 | −$35.2M | — |
| GC Gannett Co Inc | Added | +7,793,415 | +$27.9M | 0.7% |
| Calumet Inc | Added | +1,631,098 | +$25.7M | 1.2% |
Showing the 10 largest of 43 changes.
quarter ended March 31, 2025 · filed May 15, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | Added | +1,835,000 | +$1.03B | 35.9% |
| IQ Invesco Qqq Tr | Added | +1,326,000 | +$622M | 22.5% |
| IT Ishares Tr | New | +7,325,500 | +$578M | 18.2% |
| Vistra Corp | New | +300,000 | +$35.2M | 1.1% |
| Constellation Energy Corp | Exited | −98,463 | −$22M | — |
| Talen Energy Corp | Trimmed | −100,000 | −$20M | 1.6% |
| Vistra Corp | Trimmed | −167,650 | −$19.7M | 0.8% |
| Golar Lng Ltd | New | +515,949 | +$19.6M | 0.6% |
| Talen Energy Corp | Trimmed | −96,200 | −$19.2M | 3.0% |
| Calumet Inc | Added | +1,083,177 | +$13.7M | 1.1% |
Showing the 10 largest of 37 changes.
quarter ended December 31, 2024 · filed February 18, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR S&P 500 ETF Tr | New | +200,000 | +$117M | 10.1% |
| IQ Invesco Qqq Tr | New | +199,000 | +$102M | 8.8% |
| Talen Energy Corp | New | +350,000 | +$70.5M | 6.1% |
| Sotera Health Co | Added | +2,496,136 | +$34.1M | 3.4% |
| Calumet Inc | Added | +1,473,327 | +$32.4M | 3.4% |
| Talen Energy Corp | Added | +119,360 | +$24M | 9.9% |
| Exelixis Inc | Exited | −907,900 | −$23.6M | — |
| Avadel Pharmaceuticals PLC | Added | +2,042,669 | +$21.5M | 3.9% |
| Immunovant Inc | Added | +835,000 | +$20.7M | 3.2% |
| Vistra Corp | Added | +126,419 | +$17.4M | 4.5% |
Showing the 10 largest of 34 changes.
Loading...