Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| SPDR S&P 500 ETF TR(SPY) | 3,421,367 | 8,498,744 | +5,077,377 | 2,279,246 | 5,795,463 | 2.56% | +3,516,217 |
| SPDR GOLD TR(GLD)(Call) | 2,596,500 | 7,563,000 | +4,966,500 | 922,978 | 2,997,293 | — | +2,074,315 |
| SELECT SECTOR SPDR TR ST STR STAPL ETF | 0 | 22,679,786 | +22,679,786 | 0 | 1,761,766 | 0.78% | +1,761,766 |
| SPDR SERIES TRUST ST STR SP BIOT | 0 | 12,527,210 | +12,527,210 | 0 | 1,527,443 | 0.67% | +1,527,443 |
| SELECT SECTOR SPDR TR(Put) ST STR FINL ETF | 0 | 14,184,200 | +14,184,200 | 0 | 776,869 | — | +776,869 |
| MICROSOFT CORP(MSFT) | 0 | 11,845,163 | +11,845,163 | 0 | 5,728,558 | 2.53% | +5,728,558 |
| SELECT SECTOR SPDR TR(Put) ST STR ENERG ETF | 0 | 16,281,000 | +16,281,000 | 0 | 727,924 | — | +727,924 |
| ALPHABET INC(GOOG) | 0 | 9,327,740 | +9,327,740 | 0 | 2,919,583 | 1.29% | +2,919,583 |
| CARVANA CO(CVNA)(Put) | 4,760,000 | 5,833,700 | +1,073,700 | 1,795,662 | 2,461,938 | — | +666,276 |
| NVIDIA CORPORATION(NVDA) | 0 | 36,884,303 | +36,884,303 | 0 | 6,878,922 | 3.04% | +6,878,922 |
| SELECT SECTOR SPDR TR ST STR INDL ETF | 0 | 3,739,006 | +3,739,006 | 0 | 579,995 | 0.26% | +579,995 |
| GE AEROSPACE(GE) | 0 | 3,070,122 | +3,070,122 | 0 | 945,690 | 0.42% | +945,690 |
| INVESCO QQQ TR(Put) | 4,980,300 | 5,763,100 | +782,800 | 2,990,023 | 3,540,330 | — | +550,307 |
| MICRON TECHNOLOGY INC(MU) | 4,443,361 | 4,500,503 | +57,142 | 743,463 | 1,284,489 | 0.57% | +541,025 |
| ALPHABET INC(GOOG)(Put) | 4,197,000 | 4,904,100 | +707,100 | 1,020,291 | 1,534,983 | — | +514,693 |
| SELECT SECTOR SPDR TR(Call) ST STR ENERG ETF | 0 | 10,920,600 | +10,920,600 | 0 | 488,260 | — | +488,260 |
| TOTALENERGIES SE(TTE) | 0 | 6,864,226 | +6,864,226 | 0 | 448,149 | 0.20% | +448,149 |
| APPLE INC(AAPL) | 0 | 15,988,868 | +15,988,868 | 0 | 4,346,734 | 1.92% | +4,346,734 |
| ISHARES TR(Call) | 0 | 6,085,600 | +6,085,600 | 0 | 1,498,031 | — | +1,498,031 |
| ADVANCED MICRO DEVICES INC(AMD) | 0 | 4,914,524 | +4,914,524 | 0 | 1,052,494 | 0.46% | +1,052,494 |
| APPLE INC(AAPL)(Put) | 7,862,100 | 8,776,300 | +914,200 | 2,001,927 | 2,385,925 | — | +383,998 |
| SELECT SECTOR SPDR TR ST STR FINL ETF | 0 | 6,921,761 | +6,921,761 | 0 | 379,105 | 0.17% | +379,105 |
| ALPHABET INC(GOOG)(Put) | 3,073,300 | 3,592,600 | +519,300 | 748,502 | 1,127,358 | — | +378,856 |
| VANGUARD INDEX FDS | 0 | 1,255,055 | +1,255,055 | 0 | 364,242 | 0.16% | +364,242 |
| ISHARES TR | 0 | 5,242,688 | +5,242,688 | 0 | 884,808 | 0.39% | +884,808 |
| SELECT SECTOR SPDR TR(Call) ST STR FINL ETF | 0 | 5,863,800 | +5,863,800 | 0 | 321,160 | — | +321,160 |
| VANECK ETF TRUST SEMICONDUCTR ETF | 0 | 1,439,349 | +1,439,349 | 0 | 518,353 | 0.23% | +518,353 |
| SELECT SECTOR SPDR TR ST STR CARE ETF | 0 | 1,787,478 | +1,787,478 | 0 | 276,702 | 0.12% | +276,702 |
| ASTRAZENECA PLC(AZN) | 3,822,870 | 6,154,760 | +2,331,890 | 293,291 | 565,807 | 0.25% | +272,517 |
| LUMENTUM HLDGS INC(LITE) | 0 | 765,201 | +765,201 | 0 | 282,045 | 0.12% | +282,045 |
| SPDR SERIES TRUST SP O&G EXPL PRO | 0 | 2,128,640 | +2,128,640 | 0 | 268,762 | 0.12% | +268,762 |
| GE VERNOVA INC(GEV)(Call) | 0 | 438,000 | +438,000 | 0 | 286,264 | — | +286,264 |
| SELECT SECTOR SPDR TR ST STR ENERG ETF | 0 | 5,395,330 | +5,395,330 | 0 | 241,225 | 0.11% | +241,225 |
| REDDIT INC(RDDT)(Put) | 0 | 1,680,000 | +1,680,000 | 0 | 386,182 | — | +386,182 |
| META PLATFORMS INC(META)(Call) | 662,500 | 1,084,400 | +421,900 | 486,527 | 715,802 | — | +229,275 |
| VISA INC(V)(Put) | 0 | 2,854,500 | +2,854,500 | 0 | 1,001,102 | — | +1,001,102 |
| ALPHABET INC(GOOG)(Call) | 0 | 1,723,700 | +1,723,700 | 0 | 539,518 | — | +539,518 |
| INVESCO QQQ TR(Call) | 2,998,000 | 3,282,800 | +284,800 | 1,799,909 | 2,016,657 | — | +216,748 |
| ELI LILLY & CO(LLY) | 0 | 659,631 | +659,631 | 0 | 708,893 | 0.31% | +708,893 |
| NETAPP INC(NTAP) | 0 | 2,954,808 | +2,954,808 | 0 | 316,430 | 0.14% | +316,430 |
| SELECT SECTOR SPDR TR(Call) ST STR UTIL ETF | 0 | 4,699,900 | +4,699,900 | 0 | 200,639 | — | +200,639 |
| SELECT SECTOR SPDR TR ST STR TECHN ETF | 0 | 1,389,756 | +1,389,756 | 0 | 200,083 | 0.09% | +200,083 |
| NVIDIA CORPORATION(NVDA)(Put) | 16,874,500 | 17,953,200 | +1,078,700 | 3,148,444 | 3,348,272 | — | +199,828 |
| ISHARES GOLD TR(IAU) | 0 | 7,201,313 | +7,201,313 | 0 | 584,531 | 0.26% | +584,531 |
| SELECT SECTOR SPDR TR(Call) ST STR CARE ETF | 0 | 1,241,000 | +1,241,000 | 0 | 192,107 | — | +192,107 |
| COREWEAVE INC(CRWV) | 0 | 3,026,892 | +3,026,892 | 0 | 216,756 | 0.10% | +216,756 |
| SPDR SERIES TRUST ST STR SP REGBNK | 0 | 2,721,489 | +2,721,489 | 0 | 176,380 | 0.08% | +176,380 |
| ISHARES TR | 2,514,551 | 3,181,135 | +666,584 | 608,421 | 783,068 | 0.35% | +174,647 |
| PFIZER INC(PFE) | 0 | 14,265,119 | +14,265,119 | 0 | 355,201 | 0.16% | +355,201 |
| AMAZON COM INC(AMZN)(Put) | 4,579,600 | 5,068,800 | +489,200 | 1,005,543 | 1,169,980 | — | +164,438 |
| MODERNA INC(MRNA)(Put) | 0 | 5,642,300 | +5,642,300 | 0 | 166,391 | — | +166,391 |
| JOHNSON & JOHNSON(JNJ) | 0 | 2,202,592 | +2,202,592 | 0 | 455,826 | 0.20% | +455,826 |
| INTEL CORP(INTC)(Put) | 0 | 5,662,500 | +5,662,500 | 0 | 208,946 | — | +208,946 |
| FERROVIAL SE ORD SHS | 0 | 4,117,319 | +4,117,319 | 0 | 267,601 | 0.12% | +267,601 |
| SELECT SECTOR SPDR TR(Call) ST STR INDL ETF | 0 | 950,800 | +950,800 | 0 | 147,488 | — | +147,488 |
| MONSTER BEVERAGE CORP NEW(MNST) | 0 | 2,909,054 | +2,909,054 | 0 | 223,037 | 0.10% | +223,037 |
| VANGUARD SCOTTSDALE FDS VNG RUS1000IDX | 0 | 458,854 | +458,854 | 0 | 141,804 | 0.06% | +141,804 |
| INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT | 0 | 1,872,303 | +1,872,303 | 0 | 358,658 | 0.16% | +358,658 |
| BANK MONTREAL QUE | 0 | 7,800,000 | +7,800,000 | 0 | 197,028 | 0.09% | +197,028 |
| GOLDMAN SACHS GROUP INC(GS) | 779,664 | 859,933 | +80,269 | 620,885 | 755,881 | 0.33% | +134,996 |
| CISCO SYS INC(CSCO) | 0 | 7,681,365 | +7,681,365 | 0 | 591,696 | 0.26% | +591,696 |
| INTEL CORP(INTC) | 0 | 19,274,247 | +19,274,247 | 0 | 711,220 | 0.31% | +711,220 |
| ELI LILLY & CO(LLY)(Put) | 0 | 363,000 | +363,000 | 0 | 390,109 | — | +390,109 |
| SPDR SERIES TRUST ST STR SP HOME | 0 | 1,195,351 | +1,195,351 | 0 | 123,073 | 0.05% | +123,073 |
| AMERICAN EXPRESS CO(AXP)(Put) | 0 | 369,900 | +369,900 | 0 | 136,845 | — | +136,845 |
| SANDISK CORP(SNDK) | 0 | 602,075 | +602,075 | 0 | 142,921 | 0.06% | +142,921 |
| TECK RESOURCES LTD(TECK) | 0 | 2,685,967 | +2,685,967 | 0 | 128,758 | 0.06% | +128,758 |
| VERTIV HOLDINGS CO(VRT)(Call) | 0 | 762,400 | +762,400 | 0 | 123,516 | — | +123,516 |
| REGENERON PHARMACEUTICALS(REGN) | 0 | 245,335 | +245,335 | 0 | 189,367 | 0.08% | +189,367 |
| INTERNATIONAL BUSINESS MACHS(IBM)(Put) | 0 | 874,100 | +874,100 | 0 | 258,917 | — | +258,917 |
| QUALCOMM INC(QCOM) | 0 | 3,996,492 | +3,996,492 | 0 | 683,600 | 0.30% | +683,600 |
| SELECT SECTOR SPDR TR(Put) ST STR UTIL ETF | 0 | 2,502,500 | +2,502,500 | 0 | 106,832 | — | +106,832 |
| GE VERNOVA INC(GEV)(Put) | 0 | 213,500 | +213,500 | 0 | 139,537 | — | +139,537 |
| STELLANTIS N.V(STLA) | 0 | 23,410,133 | +23,410,133 | 0 | 254,936 | 0.11% | +254,936 |
| SPDR SERIES TRUST(Call) ST STR SP REGBNK | 0 | 1,592,300 | +1,592,300 | 0 | 103,197 | — | +103,197 |
| BERKSHIRE HATHAWAY INC DEL(Put) | 0 | 889,300 | +889,300 | 0 | 447,007 | — | +447,007 |
| VERTIV HOLDINGS CO(VRT)(Put) | 0 | 712,400 | +712,400 | 0 | 115,416 | — | +115,416 |
| INTERNATIONAL BUSINESS MACHS(IBM) | 1,935,616 | 2,173,072 | +237,456 | 546,153 | 643,686 | 0.28% | +97,532 |
| BANK AMERICA CORP(Put) | 0 | 6,647,300 | +6,647,300 | 0 | 365,602 | — | +365,602 |
| FLUTTER ENTMT PLC(FLUT)(Call) | 0 | 450,000 | +450,000 | 0 | 96,768 | — | +96,768 |
| ALPHABET INC(GOOG) | 0 | 3,795,582 | +3,795,582 | 0 | 1,191,054 | 0.53% | +1,191,054 |
| SELECT SECTOR SPDR TR(Put) ST STR INDL ETF | 0 | 602,400 | +602,400 | 0 | 93,444 | — | +93,444 |
| DEUTSCHE BANK A G NAMEN AKT | 0 | 5,960,521 | +5,960,521 | 0 | 231,781 | 0.10% | +231,781 |
| APPLOVIN CORP(APP) | 382,865 | 545,658 | +162,793 | 275,104 | 367,675 | 0.16% | +92,571 |
| MERIT MED SYS INC(MMSI) | 0 | 1,059,169 | +1,059,169 | 0 | 93,355 | 0.04% | +93,355 |
| SPDR SERIES TRUST(Put) SP O&G EXPL PRO | 0 | 721,400 | +721,400 | 0 | 91,084 | — | +91,084 |
| WELLTOWER INC(WELL) | 0 | 1,091,922 | +1,091,922 | 0 | 202,672 | 0.09% | +202,672 |
| BARRICK MNG CORP(B)(Call) | 0 | 2,187,300 | +2,187,300 | 0 | 95,407 | — | +95,407 |
| GE AEROSPACE(GE)(Put) | 0 | 799,100 | +799,100 | 0 | 246,147 | — | +246,147 |
| SPDR SERIES TRUST ST STR DOW REIT | 0 | 895,469 | +895,469 | 0 | 87,962 | 0.04% | +87,962 |
| ISHARES TR | 0 | 5,765,607 | +5,765,607 | 0 | 315,436 | 0.14% | +315,436 |
| NVIDIA CORPORATION(NVDA)(Call) | 6,848,900 | 7,308,600 | +459,700 | 1,277,868 | 1,363,054 | — | +85,186 |
| ISHARES TR(Put) | 0 | 2,663,600 | +2,663,600 | 0 | 232,159 | — | +232,159 |
| SELECT SECTOR SPDR TR ST STR UTIL ETF | 0 | 1,975,549 | +1,975,549 | 0 | 84,336 | 0.04% | +84,336 |
| RIVIAN AUTOMOTIVE INC(RIVN)(Put) | 0 | 8,902,700 | +8,902,700 | 0 | 175,472 | — | +175,472 |
| TOTALENERGIES SE(TTE)(Put) | 0 | 1,270,000 | +1,270,000 | 0 | 82,915 | — | +82,915 |
| PALANTIR TECHNOLOGIES INC(PLTR) | 0 | 3,395,051 | +3,395,051 | 0 | 603,470 | 0.27% | +603,470 |
| COHERENT CORP(COHR) | 0 | 614,925 | +614,925 | 0 | 113,497 | 0.05% | +113,497 |
| AIRBNB INC(Put) | 0 | 626,000 | +626,000 | 0 | 84,961 | — | +84,961 |
| MICRON TECHNOLOGY INC(MU)(Call) | 0 | 510,000 | +510,000 | 0 | 145,559 | — | +145,559 |