Q4 2025 · 13F-HR
RPO LLCholdings as filed
Filed 2026-02-17 · accession 0001885066-26-000001
$955.9M
Reported value
70
Positions
2025-12-31
Period end
The Brief · RPO LLC · Q4 2025
AI · grounded in 13F
RPO LLC established a new position in AAPL valued at $20.2M. The fund closed out its holdings in [[stock:STX 3.5 06/01/28]] and IBIT, reducing exposure by $14.3M and $7.6M respectively. Other notable activity includes a new $4.1M position in [[stock:MSTR 0 12/01/29]] and an 18.02% increase in shares of MSFT.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $382.6M | 40.0% | 561,000 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $204.6M | 21.4% | 300,000 | CALL | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $44.2M | 4.62% | 237,000 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $38.1M | 3.98% | 55,826 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $26.6M | 2.78% | 55,000 | PUT | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $24.5M | 2.56% | 445,000 | CALL | SOLE |
| 78464A755 | XME | SPDR SERIES TRUST | $24.1M | 2.53% | 233,000 | PUT | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $22.9M | 2.39% | 416,000 | PUT | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $22.8M | 2.39% | 244,000 | PUT | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $22.2M | 2.32% | 237,000 | CALL | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $21.3M | 2.22% | 114,000 | CALL | SOLE |
| 037833100 | AAPL | APPLE INC | $16.3M | 1.71% | 60,000 | PUT | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $15.9M | 1.66% | 93,000 | PUT | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $15.0M | 1.57% | 31,000 | CALL | SOLE |
| 617446448 | MS | MORGAN STANLEY | $13.0M | 1.36% | 73,000 | PUT | SOLE |
| 617446448 | MS | MORGAN STANLEY | $8.2M | 0.85% | 46,000 | CALL | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $7.5M | 0.78% | 15,500 | Common | SOLE |
| 594972AQ4 | MSTR 0.625 09/15/28 | STRATEGY INC | $5.9M | 0.61% | 5,000,000 | Common | SOLE |
| 594972AS0 | MSTR 0 12/01/29 | STRATEGY INC | $4.1M | 0.43% | 5,000,000 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $3.9M | 0.41% | 14,300 | Common | SOLE |
| 530158104 | USA | LIBERTY ALL STAR EQUITY FD | $3.6M | 0.38% | 573,700 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $3.4M | 0.36% | 20,000 | CALL | SOLE |
| 091948109 | BSOL | BITWISE SOLANA STAKING ETF | $3.3M | 0.35% | 201,100 | Common | SOLE |
| 101507101 | STEW | SRH TOTAL RETURN FUND INC | $3.1M | 0.33% | 168,990 | Common | SOLE |
| 040919102 | ARKB | ARK 21SHARES BITCOIN ETF | $2.7M | 0.28% | 92,570 | Common | SOLE |
| 315948109 | FBTC | FIDELITY WISE ORIGIN BITCOIN | $2.4M | 0.25% | 30,960 | Common | SOLE |
| 46091J101 | BTCO | INVESCO GALAXY BITCOIN ETF | $1.8M | 0.19% | 20,300 | Common | SOLE |
| 38964R203 | ETH | GRAYSCALE ETHEREUM MINI TR E | $1.7M | 0.17% | 59,400 | Common | SOLE |
| 09174C104 | BITB | BITWISE BITCOIN ETF TR | $1.5M | 0.16% | 31,900 | Common | SOLE |
| 78464A755 | XME | SPDR SERIES TRUST | $1.2M | 0.13% | 12,000 | CALL | SOLE |
| 27829G106 | ETJ | EATON VANCE RISK-MANAGED DIV | $1.2M | 0.13% | 136,910 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $1.1M | 0.12% | 11,834 | Common | SOLE |
| 18914C100 | XGLQX | CLOUGH GLOBAL EQUITY FD | $707,225 | 0.07% | 92,327 | Common | SOLE |
| 529900102 | ASG | LIBERTY ALL-STAR GROWTH FD I | $681,628 | 0.07% | 128,609 | Common | SOLE |
| 18914E106 | GLO | CLOUGH GLOBAL OPPORTUNITIES | $630,971 | 0.07% | 111,479 | Common | SOLE |
| 12811L107 | CHW | CALAMOS GBL DYN INCOME FUND | $457,931 | 0.05% | 61,799 | Common | SOLE |
| 18913Y103 | GLV | CLOUGH GLOBAL DIVID & INCOME | $422,396 | 0.04% | 70,753 | Common | SOLE |
| 14365C103 | POH3 | CARNIVAL PLC | $336,966 | 0.04% | 11,110 | Common | SOLE |
| 31641G104 | FSOL | FIDELITY SOLANA FD | $239,276 | 0.03% | 16,400 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $126,442 | 0.01% | 14,018 | Common | SOLE |
| 94724R108 | WEAV | WEAVE COMMUNICATIONS INC | $80,546 | 0.01% | 10,612 | Common | SOLE |
| 902685106 | 7WH | UDEMY INC | $77,138 | 0.01% | 13,186 | Common | SOLE |
| 904311107 | UAA | UNDER ARMOUR INC | $75,902 | 0.01% | 15,272 | Common | SOLE |
| 86722A103 | SXC | SUNCOKE ENERGY INC | $73,454 | 0.01% | 10,202 | Common | SOLE |
| G9087Q102 | TROX | TRONOX HOLDINGS PLC | $73,134 | 0.01% | 17,538 | Common | SOLE |
| 30050B101 | EVH | EVOLENT HEALTH INC | $70,692 | 0.01% | 17,673 | Common | SOLE |
| 04208T108 | AHRT | ARMADA HOFFLER PPTYS INC | $67,856 | 0.01% | 10,250 | Common | SOLE |
| 477143101 | JBLU | JETBLUE AWYS CORP | $66,494 | 0.01% | 14,614 | Common | SOLE |
| 74348T102 | PSEC | PROSPECT CAP CORP | $66,222 | 0.01% | 25,568 | Common | SOLE |
| 09352U108 | BLND | BLEND LABS INC | $66,174 | 0.01% | 21,768 | Common | SOLE |
| 70451X104 | PAYO | PAYONEER GLOBAL INC | $66,080 | 0.01% | 11,758 | Common | SOLE |
| 12047B105 | BMBL | BUMBLE INC | $65,860 | 0.01% | 18,448 | Common | SOLE |
| 105368203 | BDN | BRANDYWINE RLTY TR | $65,478 | 0.01% | 22,424 | Common | SOLE |
| G9470A102 | VTEX | VTEX | $65,394 | 0.01% | 17,392 | Common | SOLE |
| 38246G108 | GDRX | GOODRX HLDGS INC | $65,236 | 0.01% | 24,072 | Common | SOLE |
| 96145W103 | WEST | WESTROCK COFFEE CO | $65,120 | 0.01% | 16,000 | Common | SOLE |
| 651229106 | NWL | NEWELL BRANDS INC | $64,884 | 0.01% | 17,442 | Common | SOLE |
| 762544104 | RBBN | RIBBON COMMUNICATIONS INC | $63,960 | 0.01% | 22,208 | Common | SOLE |
| G21810109 | CLVT | CLARIVATE PLC | $63,808 | 0.01% | 19,104 | Common | SOLE |
| 051774107 | AUR | AURORA INNOVATION INC | $62,872 | 0.01% | 16,373 | Common | SOLE |
| 75629V104 | RXRX | RECURSION PHARMACEUTICALS IN | $61,840 | 0.01% | 15,120 | Common | SOLE |
| G1152A104 | FUFU | BITFUFU INC | $61,020 | 0.01% | 23,114 | Common | SOLE |
| G21307106 | CINT | CI&T INC | $60,496 | 0.01% | 14,864 | Common | SOLE |
| G9572D111 | BULLW | WEBULL CORP | $60,165 | 0.01% | 21,000 | Common | SOLE |
| 20451Q104 | CODI | COMPASS DIVERSIFIED | $59,846 | 0.01% | 12,468 | Common | SOLE |
| 75574U101 | RC | READY CAPITAL CORP | $59,196 | 0.01% | 27,154 | Common | SOLE |
| 00165C302 | AMC | AMC ENTMT HLDGS INC | $48,628 | 0.01% | 31,172 | Common | SOLE |
| G1144A105 | BTBT | BIT DIGITAL INC | $23,362 | 0.00% | 12,361 | Common | SOLE |
| 092915115 | BZAIW | BLAIZE HLDGS INC | $18,203 | 0.00% | 45,520 | Common | SOLE |
| 01444V111 | ANNAW | ALEANNA INC | $1,966 | 0.00% | 13,896 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.