DRW Securities, LLC

CIK 1481986 · latest 13F filed 14 August 2026 · Read the filing on EDGAR

DRW Securities, LLC reported 811 US-listed holdings worth $1.68 billion in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: SPDR S&P 500 (6.7%), iShares Bitcoin Trust ETF (5.6%) and NVIDIA Corp. (4.1%). Against the quarter before, it opened 313 positions, added to 171, trimmed 295 and sold out of 606.

Reported holdings$1.68B-8.6% on Q1 2026

Positions811-293 on Q1 2026

The largest ten36.3%of its reported holdings

Latest 13FQ2 2026filed 14 August 2026

Where the money is

OpenedAdded toTrimmed

The 14 largest of its 797 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.

Reported holdings, quarter by quarter

What the fund reported holding at each quarter's end; hover a bar for the number of positions

What it did on the quarter

Opened 313Added 171Held 32Trimmed 295Sold out 606

Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held

Opened 313

iShares Bitcoin Trust ETF IBIT$94.3 million
iShares Barclays Tips Bond TIP$45.1 million
Baron ETF Trust RONB$29.9 million
Direxion Daily Semiconductor Bull 3X Shares SOXL$12.2 million
Bitgo Holdings Inc. BTGO$10.7 million
ProShares Trust Short S&P 500 Ne SH$10.0 million
iShares Trust SCZ$9.6 million
iShares Trust ACWX$9.1 million

and 305 more in the table below

Added to 171

iShares Trust LQD+579,359 shares · +2445%
iShares Inc. EWZ+1.3 million shares · +5250%
Invesco QQQ Trust QQQ+43,079 shares · +144%
Entrepreneurshares Series Trust XOVR+1.4 million shares · +170%
Alphabet Inc. GOOG+79,847 shares · +205%
iShares Trust HYG+284,195 shares · +215%
iShares Trust EFA+107,189 shares · +47%
Constellation Energy Corp. CEG+44,186 shares · +2048%

and 163 more in the table below

Trimmed 295

Alphabet Inc. GOOGL-213,791 shares · -95%
Vanguard Ftse Developed Markets VEA-825,070 shares · -89%
iShares Trust EEM-746,718 shares · -95%
iShares Trust FXI-897,127 shares · -60%
CrowdStrike Holdings, Inc. CRWD-31,722 shares · -97%
iShares Inc. EWY-107,497 shares · -55%
SPDR S&P 500 SPY-28,581 shares · -16%
SPDR Gold Trust GLD-47,450 shares · -85%

and 287 more in the table below

Sold out of 606

iShares Core MSCI Emerging Mark IEMG$76.2 million last quarter
iShares Trust SHY$25.2 million last quarter
Select Sector SPDR Trust XLE$14.2 million last quarter
Home Depot, Inc. HD$10.4 million last quarter
Ford Motor Co. F$9.2 million last quarter
iShares Inc. MSCI Chile ETF ECH$9.1 million last quarter
iShares Trust EMB$8.1 million last quarter
Wix.com Ltd. WIX$7.9 million last quarter

What it holds

Company	Shares	Value	Of its book	Change in shares
SPDR S&P 500 SPY	149,849	$111.9 million	6.67%	-28,581
iShares Bitcoin Trust ETF IBIT	2,833,903	$94.3 million	5.62%	new
NVIDIA Corp. NVDA	341,343	$68.3 million	4.07%	+19,657
iShares Trust LQD	603,052	$65.8 million	3.92%	+579,359
Invesco QQQ Trust QQQ	73,011	$53.8 million	3.20%	+43,079
Entrepreneurshares Series Trust XOVR	2,226,778	$46.9 million	2.79%	+1,401,746
iShares Inc. EWZ	1,337,430	$46.1 million	2.75%	+1,312,430
iShares Barclays Tips Bond TIP	411,982	$45.1 million	2.69%	new
Alphabet Inc. GOOG	118,809	$42.0 million	2.50%	+79,847
iShares Trust EFA	336,613	$35.0 million	2.08%	+107,189
Vestas Wind Sys A/s	186,800	$34.5 million	2.06%	-9,544
iShares Trust HYG	416,427	$33.3 million	1.98%	+284,195
Baron ETF Trust RONB	1,226,435	$29.9 million	1.78%	new
iShares Trust INDA	499,079	$24.6 million	1.47%	+83,234
Vanguard FTSE All-World ex-US ETF VEU	254,595	$21.3 million	1.27%	+29,533
iShares Trust FXI	602,259	$19.0 million	1.13%	-897,127
iShares Inc. EWY	87,844	$17.7 million	1.06%	-107,497
Tesla, Inc. TSLA	35,194	$14.8 million	0.88%	-29,168
BP plc BP	361,725	$13.4 million	0.80%	-112,196
iShares Inc. EWT	115,347	$12.5 million	0.75%	-35,690
Direxion Daily Semiconductor Bull 3X Shares SOXL	45,566	$12.2 million	0.72%	new
VG Totl STK Vprs VTI	31,849	$11.8 million	0.70%	-27,164
Constellation Energy Corp. CEG	46,343	$11.5 million	0.69%	+44,186
Middleby Corp. MIDD	65,098	$11.2 million	0.67%	+42,289
Bitgo Holdings Inc. BTGO	2,063,865	$10.7 million	0.64%	new
Alibaba Group Holding Limited BABA	105,594	$10.1 million	0.60%	+37,490
ProShares Trust Short S&P 500 Ne SH	303,703	$10.0 million	0.60%	new
Bank of America Corp. BAC	171,382	$9.8 million	0.58%	+14,753
iShares Trust SCZ	117,097	$9.6 million	0.57%	new
iShares Core MSCI Eafe ETF IEFA	99,318	$9.6 million	0.57%	+91,654
JPMorgan Chase & Co. JPM	28,756	$9.4 million	0.56%	+657
iShares Trust AGG	94,823	$9.4 million	0.56%	+83,090
iShares Trust Latn Amer 40 ETF ILF	276,016	$9.3 million	0.56%	+226,532
iShares Trust ACWX	119,531	$9.1 million	0.54%	new
Vaneck ETF Trust REMX	97,958	$8.7 million	0.52%	-69,546
iShares Russell 2000 ETF IWM	28,638	$8.6 million	0.51%	-3,487
Micron Technology Inc. MU	7,343	$8.5 million	0.51%	+1,593
Tencent Holdings Ltd TCEHY	142,291	$7.9 million	0.47%	-103,356
Financial Select Sector SPDR ETF XLF	143,000	$7.7 million	0.46%	new
Vanguard Ftse Developed Markets VEA	100,334	$7.1 million	0.43%	-825,070
Amazon.com Inc. AMZN	28,717	$6.8 million	0.41%	+15,809
iShares Inc. URTH	33,660	$6.8 million	0.41%	+2,138
Volcon Inc. EMPD	1,886,847	$6.7 million	0.40%	-23,108
Broadcom Inc. AVGO	17,703	$6.7 million	0.40%	-925
Netflix Inc. NFLX	92,374	$6.6 million	0.39%	+87,454
Linde plc LIN	12,671	$6.6 million	0.39%	+12,070
KraneShares Trust KWEB	262,307	$6.4 million	0.38%	+109,536
Star Market 50 Index KSTR	190,394	$6.2 million	0.37%	new
Agnico Eagle Mines Ltd AEM	39,316	$6.1 million	0.36%	+35,237
Goldman Sachs Group Inc. GS	6,022	$6.1 million	0.36%	-849
GSK plc GSK	114,130	$6.0 million	0.36%	-98,157
Global X FDS COPX	75,254	$5.8 million	0.35%	new
Huntington Bancshares Inc. HBAN	323,676	$5.7 million	0.34%	+188,676
Bunge Global SA BG	53,167	$5.7 million	0.34%	+13,305
AstraZeneca PLC AZN	29,772	$5.6 million	0.34%	new
Oracle Corp. ORCL	36,685	$5.4 million	0.32%	+18,637
Wells Fargo & Company WFC	64,734	$5.3 million	0.32%	+57,182
Honda Motor Co. Ltd. HMC	193,719	$5.3 million	0.31%	new
Welltower Inc. WELL	22,846	$5.2 million	0.31%	-16,776
Alcoa Corp. AA	96,770	$5.0 million	0.30%	+60,750
Microsoft Corp. MSFT	13,414	$5.0 million	0.30%	+119
Citizens Financial Group Inc. CFG	70,592	$4.9 million	0.29%	-71,378
Tharimmune Inc. CNTN	1,724,618	$4.9 million	0.29%	new
Nucor Corp. NUE	21,323	$4.7 million	0.28%	-13,924
Hyperliquid Strategies Inc. PURR	587,911	$4.6 million	0.28%	new
Walt Disney Co. DIS	47,879	$4.6 million	0.27%	+43,866
News Corp. NWSA	184,452	$4.6 million	0.27%	+1,269
Travelers Companies, Inc. TRV	13,222	$4.4 million	0.26%	new
Meta Platforms, Inc. META	7,537	$4.2 million	0.25%	-17,820
First Quantum Minerals Ltd Com FQVLF	107,736	$4.2 million	0.25%	+67,736
Apple Inc. AAPL	14,330	$4.1 million	0.25%	+129
Prologis, Inc. PLD	30,043	$4.1 million	0.24%	-24,221
Alphabet Inc. GOOGL	10,987	$3.9 million	0.23%	-213,791
Royal Gold Inc. RGLD	19,353	$3.9 million	0.23%	+16,724
Advanced Micro Devices Inc. AMD	6,547	$3.8 million	0.23%	+3,484
ProShares Trust SDS	65,760	$3.7 million	0.22%	new
Zions Bancorporation, National Association ZION	52,804	$3.7 million	0.22%	+13,052
ING Groep N.V. ING	116,326	$3.7 million	0.22%	+100,068
Mastercard Inc. MA	6,984	$3.6 million	0.21%	-1,539
Rio Tinto plc RIO	35,696	$3.4 million	0.20%	-14,609
HDFC Bank Limited HDB	130,822	$3.4 million	0.20%	+1,466
Direxion Daily S&P 500 Bear SPXS	127,060	$3.4 million	0.20%	new
Expand Energy Corp. EXE	36,648	$3.3 million	0.20%	+22,353
Select Sector SPDR Trust XLB	64,805	$3.3 million	0.20%	+29,469
Equinix Inc. EQIX	3,067	$3.2 million	0.19%	-3,213
Carnival Corp. Ltd. CCL	110,197	$3.1 million	0.19%	new
Vodafone Group Public Limited Company VOD	237,214	$3.1 million	0.19%	-222,741
Capital One Financial Corp. COF	15,449	$3.1 million	0.18%	+10,530
Commercial Metals Co. CMC	48,723	$3.1 million	0.18%	-33,198
SPDR Gold Trust GLD	8,289	$3.1 million	0.18%	-47,450
Wheaton Precious Metals Corp. WPM	26,615	$3.0 million	0.18%	+22,493
Equitable Holdings, Inc. EQH	67,989	$3.0 million	0.18%	new
Freeport-McMoRan Inc. FCX	47,391	$3.0 million	0.18%	-24,514
Shell plc SHEL	38,317	$3.0 million	0.18%	-16,716
FMC Corp. FMC	258,161	$3.0 million	0.18%	+48,136
Infosys Limited INFY	282,885	$3.0 million	0.18%	-40,610
SPDR Ser Trust KRE	39,207	$2.9 million	0.17%	new
Bilibili Inc. BILI	166,336	$2.8 million	0.17%	+120,065
Palantir Technologies Inc. PLTR	24,210	$2.8 million	0.17%	-3,525
EchoStar Corp. ECHO	27,225	$2.8 million	0.16%	new
Select Sector SPDR Trust XLV	17,388	$2.8 million	0.16%	new
Occidental Petroleum Corp. OXY	56,320	$2.7 million	0.16%	+36,563
Teck Resources Ltd TECK	45,626	$2.7 million	0.16%	-57,617
ProShares Trust QID	200,017	$2.7 million	0.16%	new
First Horizon Corp. FHN	103,866	$2.7 million	0.16%	-299,781
ProShares Trust Ultrapro SPXU	69,743	$2.6 million	0.15%	+63,554
Mosaic Co. MOS	121,338	$2.6 million	0.15%	-130,987
Sony Group Corporation SONY	126,457	$2.5 million	0.15%	new
iShares Trust EEM	36,437	$2.5 million	0.15%	-746,718
Idaho Strategic Resources IDR	75,223	$2.5 million	0.15%	+61,867
Duke Energy Corp. DUK	19,219	$2.4 million	0.14%	new
Barrick Mining Corp B	64,658	$2.4 million	0.14%	-13,346
American Tower Corp. AMT	14,504	$2.4 million	0.14%	-11,600
Baidu, Inc. BIDU	20,744	$2.4 million	0.14%	+11,590
iShares Ethereum Trust ETF ETHA	198,118	$2.4 million	0.14%	new
Centerpoint Energy Inc. CNP	52,845	$2.3 million	0.14%	+22,831
Simon Property Group Inc. SPG	10,240	$2.3 million	0.14%	-8,906
Microstrategy Inc. MSTR	26,175	$2.3 million	0.14%	+20,876
Petroleo Brasileiro SA Petro PBRA	154,000	$2.3 million	0.13%	new
Global X FDS URA	51,042	$2.2 million	0.13%	-12,450
Peabody Energy Corp. BTU	95,538	$2.2 million	0.13%	+53,663
Super Micro Computer, Inc. SMCI	74,881	$2.2 million	0.13%	new
SPDR S&P 500 Growth ETF SPYG	18,327	$2.2 million	0.13%	+15,959
Under Armour, Inc. UAA	335,825	$2.1 million	0.13%	-2,958
Arthur J. Gallagher & Co. AJG	9,282	$2.1 million	0.13%	new
Digital Realty Trust, Inc. DLR	11,859	$2.1 million	0.13%	-9,363
Vistra Corp. VST	13,422	$2.1 million	0.13%	+11,474
Schwab Strategic Trust SCHE	58,184	$2.1 million	0.13%	new
NatWest Group plc NWG	119,130	$2.1 million	0.13%	+66,583
Amprius Technologies Inc.	356,445	$2.1 million	0.12%	+21,272
BankUnited, Inc. BKU	42,677	$2.1 million	0.12%	-10,835
Diageo plc DEO	25,646	$2.1 million	0.12%	-31,462
NIO Inc. NIO	404,649	$2.0 million	0.12%	+270,605
Evergy, Inc. EVRG	23,600	$2.0 million	0.12%	+10,971
Xiaomi Corp. Unsp ADR XIACY	145,114	$2.0 million	0.12%	+122,314
Morgan Stanley MS	9,642	$2.0 million	0.12%	+3,881
Verb Technology Co. Inc. TONX	788,644	$2.0 million	0.12%	no change
Suncor Energy Inc. SU	28,040	$2.0 million	0.12%	+23,928
Chevron Corp. CVX	11,779	$1.9 million	0.12%	+1,418
Alliant Energy Corp. LNT	25,433	$1.9 million	0.12%	new
Applied Optoelectronics Inc. AAOI	12,862	$1.9 million	0.11%	new
Unum Group UNM	21,248	$1.9 million	0.11%	-26,736
iShares Inc. EMXC	18,539	$1.9 million	0.11%	new
Realty Income Corp. O	30,354	$1.9 million	0.11%	-19,769
Public Storage PSA	5,827	$1.9 million	0.11%	-2,879
Southern Co. SO	18,998	$1.8 million	0.11%	+6,740
Banc of California, Inc. BANC	88,560	$1.8 million	0.11%	new
Iron Mountain Inc. IRM	13,727	$1.7 million	0.10%	-2,687
Public Service Enterprise Group Inc. PEG	21,176	$1.7 million	0.10%	+10,755
CBRE Group, Inc. CBRE	12,704	$1.7 million	0.10%	-4,813
Nisource Inc. NI	35,953	$1.7 million	0.10%	new
Metlife Inc. MET	20,172	$1.7 million	0.10%	new
HSBC Holdings plc HSBC	17,864	$1.7 million	0.10%	-2,079
Ventas, Inc. VTR	19,049	$1.7 million	0.10%	-11,055
Exelon Corp. EXC	35,902	$1.7 million	0.10%	new
Kraneshares Trust KOID	40,077	$1.7 million	0.10%	no change
Antero Resources Corp. AR	46,338	$1.6 million	0.10%	+21,679
EOG Resources Inc. EOG	12,478	$1.6 million	0.10%	+9,185
Imperial Oil Ltd IMO	10,137	$1.6 million	0.09%	new
Progressive Corp. PGR	7,122	$1.6 million	0.09%	new
Ivanhoe Mines LTD IVPAF	139,923	$1.6 million	0.09%	-231,170
Halliburton Co. HAL	45,775	$1.6 million	0.09%	new
Core Natural Resources, Inc. CNR	19,097	$1.5 million	0.09%	+13,906
Royal Bank of Canada RY	7,359	$1.5 million	0.09%	+5,421
Adobe Inc. ADBE	7,392	$1.5 million	0.09%	new
Citigroup Inc. C	10,717	$1.5 million	0.09%	-3,949
Permian Resources Corp. PR	81,247	$1.5 million	0.09%	+24,150
Ivanhoe Electric Inc. IE	154,525	$1.5 million	0.09%	+3,329
ProShares Trust SQQQ	40,369	$1.5 million	0.09%	+30,266
iShares Trust ESGD	14,072	$1.4 million	0.09%	+7,689
Capstone Copper Corp. CSCCF	108,138	$1.4 million	0.08%	-226,470
Hanover Insurance Group, Inc. THG	6,479	$1.4 million	0.08%	new
SM Energy Co. SM	52,903	$1.4 million	0.08%	+22,198
ExxonMobil Holdings Corp. XOM	10,016	$1.4 million	0.08%	-6,739
Marathon Petroleum Corp. MPC	5,241	$1.3 million	0.08%	-2,010
Devon Energy Corp. DVN	32,312	$1.3 million	0.08%	+27,814
Uber Technologies, Inc. UBER	18,394	$1.3 million	0.08%	-29,145
Diamondback Energy, Inc. FANG	7,543	$1.3 million	0.08%	+6,207
Seagate Technology Holdings plc STX	1,369	$1.3 million	0.08%	+130
Portland General Electric Co. POR	24,885	$1.3 million	0.08%	new
Toyota Motor Corp. TM	7,566	$1.3 million	0.08%	new
Crown Castle Inc. CCI	16,505	$1.2 million	0.07%	-8,412
Amgen Inc. AMGN	3,407	$1.2 million	0.07%	+2,642
Extra Space Storage Inc. EXR	8,401	$1.2 million	0.07%	-3,226
Valero Energy Corp. VLO	4,665	$1.2 million	0.07%	-16,561
Hartford Insurance Group, Inc. HIG	9,038	$1.2 million	0.07%	new
SPDR Ser Trust KBE	17,460	$1.2 million	0.07%	-3,088
Warrior Met Coal, Inc. HCC	14,582	$1.2 million	0.07%	-1,326
BHP Group Limited BHP	14,184	$1.2 million	0.07%	+3,356
Marsh & McLennan Companies, Inc. MRSH	7,115	$1.2 million	0.07%	new
NOV Inc. NOV	62,914	$1.2 million	0.07%	new
Sandisk Corp. SNDK	513	$1.2 million	0.07%	new
Medline Inc. MDLN	29,109	$1.1 million	0.07%	new
B2GOLD Corp. BTG	304,756	$1.1 million	0.07%	-80,551
HF Sinclair Corp. DINO	16,153	$1.1 million	0.07%	+6,828
Vici Properties Inc. VICI	41,729	$1.1 million	0.07%	-16,497
Arcelormittal SA Luxembourg MT	18,328	$1.1 million	0.07%	-973
Seadrill 2021 Ltd SDRL	28,835	$1.1 million	0.06%	+6,991
Taiwan Semiconductor Manufacturing Company Limited TSM	2,251	$1.1 million	0.06%	-18,725
Toronto-Dominion Bank TD	8,800	$1.1 million	0.06%	new
iShares Inc. EZA	16,685	$1.1 million	0.06%	new
Delek US Hldgs Inc. New DK	20,495	$1.0 million	0.06%	+5,777
Flowco Holdings Inc. FLOC	48,128	$1.0 million	0.06%	+20,139
Avalonbay Cmntys Inc. AVB	5,432	$1.0 million	0.06%	-2,070
Helmerich & Payne, Inc. HP	30,202	$988,813	0.06%	+8,815
JD.com, Inc. JD	38,731	$986,865	0.06%	new
Host Hotels & Resorts, Inc. HST	40,559	$961,653	0.06%	-10,290
Siemens Energy AG	5,780	$958,324	0.06%	-6,998
Vivmark Residential VMRK	13,611	$924,595	0.06%	-9,216
General Electric Co. GE	2,452	$916,385	0.05%	-7,038
Listed FD Trust MAGS	13,952	$897,113	0.05%	no change
Western Digital Corp. WDC	1,400	$893,508	0.05%	+320
Barclays Bank PLC VXX	40,142	$886,736	0.05%	-25,390
iShares Trust EFV	11,492	$879,712	0.05%	new
Constellium SE CSTM	27,570	$878,655	0.05%	-3,549
argenx SE ARGX	947	$878,598	0.05%	-300
Trip.com Group Limited TCOM	21,989	$876,041	0.05%	+13,053
SBA Communications Corp. SBAC	4,902	$865,006	0.05%	-2,720
Energy Fuels Inc. UUUU	59,302	$859,879	0.05%	-8,166
CrowdStrike Holdings, Inc. CRWD	1,125	$858,532	0.05%	-31,722
Tortoise Energy Infra Corp. TYG	20,000	$857,400	0.05%	new
Global X FDS NORW	26,109	$833,660	0.05%	new
Eastern Bankshares, Inc. EBC	37,300	$829,551	0.05%	+17,470
Delta Air Lines, Inc. DAL	8,806	$824,769	0.05%	new
Flowserve Corp. FLS	10,895	$807,973	0.05%	new
Direxion SHS ETF Trust MUU	770	$807,522	0.05%	-6,344
Rentokil Initial PLC RTO	28,102	$803,998	0.05%	+219
Atkore Inc. ATKR	10,497	$798,191	0.05%	-6,311
Popular Inc. BPOP	4,852	$796,601	0.05%	+2,850
RTX Corp. RTX	4,149	$787,189	0.05%	-8,900
Prudential Financial Inc. PRU	7,264	$784,003	0.05%	-9,736
Propetro Hldg Corp. PUMP	53,970	$773,929	0.05%	+34,416
Pinnacle Financial Partners, Inc. PNFP	7,666	$773,346	0.05%	-13,518
Crescent Energy Co. CRGY	77,089	$757,013	0.05%	+26,881
Caterpillar Inc. CAT	709	$755,014	0.04%	-3,035
Weyerhaeuser Co. WY	31,430	$752,434	0.04%	-13,108
Yandex N V NBIS	2,710	$748,420	0.04%	-6,496
Agilent Technologies, Inc. A	5,623	$746,903	0.04%	new
Walmart Inc. WMT	6,592	$746,609	0.04%	new
East West Bancorp Inc. EWBC	5,782	$746,398	0.04%	+3,167
Cactus, Inc. WHD	14,373	$736,328	0.04%	+3,357
Southern Copper Corp. SCCO	4,163	$725,444	0.04%	-5,299
Blackberry Ltd BB	57,186	$723,402	0.04%	new
Invitation Homes Inc. INVH	23,877	$721,324	0.04%	-10,393
Koninklijke Philips N.V. PHG	26,424	$718,468	0.04%	new
Tyson Foods, Inc. TSN	12,407	$710,300	0.04%	new
Kodiak Gas Services, Inc. KGS	9,452	$710,128	0.04%	new
Truist Financial Corp. TFC	14,284	$709,137	0.04%	-97,244
Essex Property Trust, Inc. ESS	2,427	$707,688	0.04%	-1,707
Commerce Bancshares Inc. CBSH	12,122	$700,045	0.04%	new
Liberty Energy Inc. LBRT	26,401	$691,442	0.04%	+12,732
Bok Finl Corp. BOKF	4,978	$691,344	0.04%	new
First Hawaiian, Inc. FHB	23,553	$690,102	0.04%	+8,665
Trinet Group Inc. TNET	13,815	$683,704	0.04%	new
Kimco Realty Corp. KIM	26,949	$683,157	0.04%	-6,470
PDD Holdings Inc. PDD	8,937	$681,714	0.04%	-19,252
FNB Corp. FNB	35,515	$677,626	0.04%	new
Unilever plc UL	11,201	$673,404	0.04%	+3,576
Western Alliance Bancorporation WAL	8,146	$669,601	0.04%	-2,472
Associated Banc-Corp ASB	21,706	$667,893	0.04%	+2,893
Costco Wholesale Corp. COST	711	$665,119	0.04%	-8,109
Mid-America Apartment Communities, Inc. MAA	4,787	$665,105	0.04%	-1,033
UMB Financial Corp. UMBF	4,591	$655,411	0.04%	+2,517
Homestreet Inc. MCHB	41,070	$653,013	0.04%	new
Nicolet Bankshares Inc. NIC	3,907	$646,178	0.04%	+2,485
Qualys, Inc. QLYS	4,667	$641,665	0.04%	new
Glacier Bancorp, Inc. GBCI	12,435	$641,397	0.04%	new
Rocket Cos Inc. RKT	40,635	$640,001	0.04%	+13,787
M&T Bank Corp. MTB	2,679	$637,628	0.04%	-10,321
United Airlines Holdings, Inc. UAL	4,677	$636,025	0.04%	new
Fortinet, Inc. FTNT	4,112	$631,685	0.04%	new
Wintrust Financial Corp. WTFC	3,928	$631,308	0.04%	new
Draftkings Inc. New DKNG	24,965	$630,615	0.04%	new
Interactive Brokers Group, Inc. IBKR	7,204	$627,036	0.04%	-956
Cheesecake Factory Inc. CAKE	7,876	$626,457	0.04%	new
Tradeweb Mkts Inc. TW	6,283	$626,163	0.04%	+110
Flagstar Bank, National Association FLG	41,881	$625,702	0.04%	+8,650
Prosperity Bancshares Inc. PB	8,556	$624,844	0.04%	new
Barclays plc BCS	23,173	$622,426	0.04%	-40,918
Ameris Bancorp ABCB	6,895	$622,342	0.04%	-1,233
Insulet Corp. PODD	4,076	$620,571	0.04%	-275
Icahn Enterprises LP IEP	85,868	$619,108	0.04%	new
Texas Capital Bancshares Inc. TCBI	5,982	$617,701	0.04%	new
Armada Hoffler Pptys Inc. AHRT	87,172	$617,177	0.04%	-37,152
Webster Finl Corp. WBS	8,071	$616,785	0.04%	new
BlackRock Fund Advisors EWS	20,205	$598,270	0.04%	-14,419
SouthState Bank Corp. SSB	5,982	$597,601	0.04%	new
Bancorp, Inc. TBBK	9,478	$593,701	0.04%	+3,293
Atlantic Union Bankshares Corp. AUB	14,002	$592,424	0.04%	+6,144
Columbia Banking System, Inc. COLB	18,405	$589,880	0.04%	new
Hancock Whitney Corp. HWC	7,883	$589,017	0.04%	new
Rubrik Inc. RBRK	7,297	$585,803	0.03%	new
KT Corp. KT	33,895	$585,705	0.03%	new
Hudbay Minerals Inc. HBM	24,806	$585,669	0.03%	-19,660
First Interstate Bancsystem Inc. FIBK	15,137	$583,682	0.03%	new
Fulton Financial Corp. FULT	24,071	$582,277	0.03%	new
Home Bancshares Inc. HOMB	20,285	$579,136	0.03%	new
Old National Bancorp ONB	22,312	$577,880	0.03%	new
Century Aluminum Co. CENX	12,470	$573,744	0.03%	-22,414
First Bancorp FBP	21,856	$569,785	0.03%	+10,883

Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported; the largest 300 here.

Change is shares against its 13F for the quarter before; the 606 it sold out of are in the box above.

Options it reported

Company	Option	Shares under the options	Value of those shares
Invesco QQQ Trust QQQ	Puts	374,600	$275.9 million
iShares Russell 2000 ETF IWM	Puts	848,800	$255.0 million
SPDR S&P 500 SPY	Puts	318,100	$237.5 million
iShares Russell 2000 ETF IWM	Calls	658,500	$197.8 million
iShares Bitcoin Trust ETF IBIT	Puts	4,562,100	$151.9 million
NVIDIA Corp. NVDA	Puts	700,300	$140.1 million
Invesco QQQ Trust QQQ	Calls	143,200	$105.5 million
Apple Inc. AAPL	Puts	312,300	$90.4 million
ASML Holding N.V. ASML	Puts	37,500	$74.6 million
Tesla, Inc. TSLA	Puts	127,600	$53.7 million
ASML Holding N.V. ASML	Calls	22,600	$45.0 million
Broadcom Inc. AVGO	Puts	113,700	$43.0 million
NVIDIA Corp. NVDA	Calls	185,300	$37.1 million
Vestas Wind Sys A/s	Puts	200,000	$36.9 million
Taiwan Semiconductor Manufacturing Company Limited TSM	Puts	77,200	$36.9 million
AstraZeneca PLC AZN	Puts	192,500	$36.5 million
SPDR Ser Trust KRE	Puts	382,400	$28.6 million
Apple Inc. AAPL	Calls	96,400	$27.9 million
iShares Inc. EWZ	Calls	750,000	$25.9 million
Palantir Technologies Inc. PLTR	Calls	197,600	$23.1 million
Alphabet Inc. GOOGL	Puts	63,300	$22.6 million
iShares Bitcoin Trust ETF IBIT	Calls	670,800	$22.3 million
SPDR S&P 500 SPY	Calls	28,700	$21.4 million
Allegiant Travel Co. ALGT	Puts	150,500	$17.7 million
JPMorgan Chase & Co. JPM	Puts	52,400	$17.2 million
Micron Technology Inc. MU	Calls	13,900	$16.0 million
Goldman Sachs Group Inc. GS	Puts	14,900	$15.1 million
Eli Lilly & Co. LLY	Calls	12,500	$15.0 million
KraneShares Trust KWEB	Calls	600,000	$14.7 million
Bank of America Corp. BAC	Puts	250,000	$14.2 million
Qualcomm Inc. QCOM	Puts	72,500	$13.4 million
Microsoft Corp. MSFT	Puts	35,400	$13.2 million
Tesla, Inc. TSLA	Calls	30,600	$12.9 million
Microsoft Corp. MSFT	Calls	32,400	$12.1 million
Advanced Micro Devices Inc. AMD	Puts	20,800	$12.1 million
Taiwan Semiconductor Manufacturing Company Limited TSM	Calls	25,000	$11.9 million
Walt Disney Co. DIS	Puts	121,000	$11.6 million
Constellation Energy Corp. CEG	Puts	46,600	$11.6 million
Global X FDS COPX	Calls	131,500	$10.1 million
Amazon.com Inc. AMZN	Calls	41,000	$9.8 million
Meta Platforms, Inc. META	Puts	16,400	$9.2 million
Amazon.com Inc. AMZN	Puts	33,200	$7.9 million
United Airlines Holdings, Inc. UAL	Puts	57,000	$7.8 million
Fortinet, Inc. FTNT	Puts	49,400	$7.6 million
Oracle Corp. ORCL	Calls	50,000	$7.3 million
SPDR Ser Trust XOP	Calls	44,900	$6.9 million
Alibaba Group Holding Limited BABA	Calls	70,000	$6.7 million
Delta Air Lines, Inc. DAL	Puts	70,300	$6.6 million
Circle Internet Group Inc. CRCL	Puts	105,000	$6.6 million
Alphabet Inc. GOOG	Calls	18,600	$6.6 million
Microstrategy Inc. MSTR	Puts	74,400	$6.5 million
Deutsche Bank A G DB	Puts	179,400	$6.1 million
Netflix Inc. NFLX	Puts	83,600	$6.0 million
Micron Technology Inc. MU	Puts	5,000	$5.8 million
iShares Trust FXI	Calls	180,000	$5.7 million
Uber Technologies, Inc. UBER	Puts	69,400	$5.0 million
Constellation Energy Corp. CEG	Calls	20,000	$5.0 million
Autodesk, Inc. ADSK	Calls	25,000	$4.9 million
Occidental Petroleum Corp. OXY	Puts	92,700	$4.5 million
Philip Morris International Inc. PM	Calls	24,700	$4.5 million
Vail Resorts Inc. MTN	Calls	31,400	$4.3 million
Hims & Hers Health, Inc. HIMS	Calls	122,900	$4.3 million
Citigroup Inc. C	Puts	29,300	$4.1 million
Alphabet Inc. GOOG	Puts	11,300	$4.0 million
Salesforce, Inc. CRM	Calls	25,000	$3.9 million
Alphabet Inc. GOOGL	Calls	10,900	$3.9 million
International Business Machines Corp. IBM	Calls	13,400	$3.8 million
Broadcom Inc. AVGO	Calls	9,700	$3.7 million
Carnival Corp. Ltd. CCL	Puts	123,700	$3.5 million
Devon Energy Corp. DVN	Calls	79,100	$3.3 million
iShares Inc. EWT	Puts	27,800	$3.0 million
Super Micro Computer, Inc. SMCI	Puts	92,700	$2.7 million
Bumble Inc. BMBL	Calls	819,300	$2.6 million
Amgen Inc. AMGN	Puts	6,700	$2.4 million
Warner Bros. Discovery, Inc. WBD	Calls	89,600	$2.4 million
Oracle Corp. ORCL	Puts	16,100	$2.4 million
Zoom Video Communications in ZM	Calls	26,300	$2.3 million
Expand Energy Corp. EXE	Calls	24,100	$2.2 million
Fair Isaac Corp. FICO	Puts	1,800	$2.2 million
Lloyds Banking Group plc LYG	Calls	327,500	$1.9 million
Advanced Micro Devices Inc. AMD	Calls	3,200	$1.9 million
Palantir Technologies Inc. PLTR	Puts	15,400	$1.8 million
Tenable Hldgs Inc. TENB	Calls	43,100	$1.6 million
Owens Corning OC	Calls	9,800	$1.6 million
Riot Platforms Inc. RIOT	Puts	50,000	$1.4 million
NetApp, Inc. NTAP	Calls	8,400	$1.3 million
Rigetti Computing Inc. RGTI	Calls	64,900	$1.3 million
iShares Ethereum Trust ETF ETHA	Calls	100,000	$1.2 million
Medline Inc. MDLN	Puts	28,600	$1.1 million
Meta Platforms, Inc. META	Calls	1,900	$1.1 million
Infleqtion Inc. INFQ	Calls	75,600	$1.0 million
Intuitive Machines Inc. LUNR	Calls	47,000	$1.0 million
iShares Ethereum Trust ETF ETHA	Puts	75,000	$891,750
American International Group, Inc. AIG	Calls	11,000	$819,830
Tyson Foods, Inc. TSN	Puts	14,000	$801,500
UnitedHealth Group Inc. UNH	Puts	1,700	$706,571
Draftkings Inc. New DKNG	Puts	27,200	$687,072
Ashland Inc. ASH	Calls	10,300	$678,667
Woodside Energy Group Ltd. WDS	Calls	32,500	$627,900
the Baldwin Insurance GRP in BWIN	Calls	19,800	$526,284

The largest 100 of 117 option lines.

A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.