CANTOR FITZGERALD, L. P.

NEW YORK, NY · CIK 1024896 · 13F filing filed 2025-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$4.1bn reported value +52.4% vs Q1 2025

418positions

78.5%in top 10

217 new 69 added 57 reduced 90 sold out vs Q1 2025

Options: 27 call positions ($294.6m notional), 16 put positions ($1.3bn notional) – listed below, not included above.

This report includes the holdings of 3 other managers that share the investment decisions:

CANTOR FITZGERALD & CO. – reports through this filing
CF Secured, LLC – reports through this filing
Cantor Fitzgerald Europe – reports through this filing

Also in the report of:

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSTRATEGY INC CL A NEW MSTR	MSTR	4,415,730	$1.8bn43.83%	43.83%	Reduced -238.5k	-238,521 -5.1%
2	NVIDIA CORPORATION COM NVDA	NVDA	2,931,588	$463.2m11.37%	11.37%	Reduced -1.0m	-1,046,025 -26.3%
3	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,373,643	$194.9m4.79%	4.79%	Added +318.7k	+318,717 30.2%
4	ROBINHOOD MKTS INC COM CL A HOOD	HOOD	1,337,608	$125.2m3.07%	3.07%	Added +1.2m	+1,248,205 1396.2%
5	FIDELITY WISE ORIGIN BITCOIN SHS FBTC	FBTC	1,292,951	$121.5m2.98%	2.98%	Added +1.3m	+1,284,583 15351.1%
6	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	1,020,160	$115.7m2.84%	2.84%	New
7	TESLA INC COM TSLA	TSLA	363,972	$115.6m2.84%	2.84%	New
8	SUPER MICRO COMPUTER INC COM NEW SMCI	SMCI	2,157,274	$105.7m2.60%	2.60%	Added +1.3m	+1,313,264 155.6%
9	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	1,572,158	$96.2m2.36%	2.36%	Reduced -265.7k	-265,689 -14.5%
10	GCM GROSVENOR INC COM CL A GCMG	GCMG	6,451,535	$74.6m1.83%	1.83%	Unchanged
11	RUMBLE INC COM CL A RUM	RUM	9,333,817	$74.2m1.82%	1.82%	Unchanged
12	APPLE INC COM AAPL	AAPL	217,571	$44.6m1.10%	1.10%	Added +138.0k	+138,013 173.5%
13	SATELLOGIC INC COM CL A SATL	SATL	11,517,177	$41.7m1.02%	1.02%	New
14	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	260,005	$35.0m0.86%	0.86%	Unchanged
15	TRUMP MEDIA & TECHNOLOGY GRO COM DJT	DJT	1,839,039	$33.2m0.81%	0.81%	Added +1.8m	+1,788,685 3552.2%
16	SELECT SECTOR SPDR TR ENERGY XLE	XLE	390,094	$33.1m0.81%	0.81%	Reduced -310	-310 -0.1%
17	ROBLOX CORP CL A RBLX	RBLX	264,411	$27.8m0.68%	0.68%	Added +88.1k	+88,092 50.0%
18	BROADCOM INC COM AVGO	AVGO	75,045	$20.7m0.51%	0.51%	Reduced -14.3k	-14,315 -16.0%
19	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	80,999	$20.5m0.50%	0.50%	Reduced -1.1k	-1,087 -1.3%
20	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	36,869	$20.3m0.50%	0.50%	Reduced -1.9k	-1,866 -4.8%
21	SOFI TECHNOLOGIES INC COM SOFI	SOFI	1,070,732	$19.5m0.48%	0.48%	Added +619.0k	+618,981 137.0%
22	RIOT PLATFORMS INC COM RIOT	RIOT	1,692,655	$19.1m0.47%	0.47%	Added +922.7k	+922,655 119.8%
23	ELI LILLY & CO COM LLY	LLY	23,520	$18.3m0.45%	0.45%	Added +11.6k	+11,634 97.9%
24	COINBASE GLOBAL INC COM CL A COIN	COIN	50,220	$17.6m0.43%	0.43%	Reduced -3.7k	-3,721 -6.9%
25	CORE SCIENTIFIC INC NEW COM CORZ	CORZ	857,068	$14.6m0.36%	0.36%	Added +731.1k	+731,068 580.2%
26	ALPHABET INC CAP STK CL C GOOG	GOOG	74,314	$13.2m0.32%	0.32%	Added +10.7k	+10,748 16.9%
27	REDDIT INC CL A RDDT	RDDT	81,052	$12.2m0.30%	0.30%	New
28	ORACLE CORP COM ORCL	ORCL	53,828	$11.8m0.29%	0.29%	Added +25.5k	+25,515 90.1%
29	NETFLIX INC COM NFLX	NFLX	8,503	$11.4m0.28%	0.28%	Added +3.4k	+3,356 65.2%
30	MICROSOFT CORP COM MSFT	MSFT	21,696	$10.8m0.26%	0.26%	Reduced -51.6k	-51,627 -70.4%
31	AMAZON COM INC COM AMZN	AMZN	48,729	$10.7m0.26%	0.26%	Reduced -60.1k	-60,095 -55.2%
32	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	73,820	$10.1m0.25%	0.25%	Added +59.1k	+59,107 401.7%
33	MARVELL TECHNOLOGY INC COM MRVL	MRVL	123,476	$9.6m0.23%	0.23%	New
34	CME GROUP INC COM CME	CME	34,342	$9.5m0.23%	0.23%	Added +4.3k	+4,306 14.3%
35	ARM HOLDINGS PLC SPONSORED ADS ARM	ARM	50,936	$8.2m0.20%	0.20%	Added +21.4k	+21,375 72.3%
36	MARA HOLDINGS INC COM MARA	MARA	469,016	$7.4m0.18%	0.18%	New
37	PROSHARES TR ULTRAPRO QQQ TQQQ	TQQQ	84,356	$7.0m0.17%	0.17%	Reduced -108.4k	-108,384 -56.2%
38	META PLATFORMS INC CL A META	META	9,207	$6.8m0.17%	0.17%	Reduced -1.8k	-1,845 -16.7%
39	ALPHABET INC CAP STK CL A GOOGL	GOOGL	38,028	$6.7m0.16%	0.16%	Reduced -704	-704 -1.8%
40	HCM II ACQUISITION CORP *W EXP 99/99/999 IMSRW	IMSRW	2,815,333	$6.6m0.16%	0.16%	Reduced -130.6k	-130,563 -4.4%
41	COREWEAVE INC COM CL A CRWV	CRWV	35,901	$5.9m0.14%	0.14%	New
42	GUESS INC COM COM		480,526	$5.8m0.14%	0.14%	New
43	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	24,950	$5.7m0.14%	0.14%	Added +15.9k	+15,919 176.3%
44	XBP GLOBAL HOLDINGS INC COM COM		6,064,404	$5.6m0.14%	0.14%	Unchanged
45	HIMS & HERS HEALTH INC COM CL A HIMS	HIMS	107,697	$5.4m0.13%	0.13%	Added +91.4k	+91,438 562.4%
46	HCM II ACQUISITION CORP SHS CL A IMSR	IMSR	466,287	$5.2m0.13%	0.13%	New
47	SILENCE THERAPEUTICS PLC ADS SLN	SLN	789,039	$4.6m0.11%	0.11%	Added +15.2k	+15,194 2.0%
48	SKECHERS U S A INC CL A SKX	SKX	72,278	$4.6m0.11%	0.11%	New
49	AGIOS PHARMACEUTICALS INC COM AGIO	AGIO	134,200	$4.5m0.11%	0.11%	Added +102.2k	+102,200 319.4%
50	TASKUS INC CLASS A COM TASK	TASK	264,094	$4.4m0.11%	0.11%	New
51	WNS HLDGS LTD COM SHS WNS	WNS	69,978	$4.4m0.11%	0.11%	Added +65.0k	+64,978 1299.6%
52	KELLANOVA COM K	K	51,380	$4.1m0.10%	0.10%	New
53	UBER TECHNOLOGIES INC COM UBER	UBER	43,364	$4.0m0.10%	0.10%	Reduced -18.8k	-18,821 -30.3%
54	FRONTIER COMMUNICATIONS PARE COM FYBR	FYBR	108,433	$3.9m0.10%	0.10%	Reduced -26.3k	-26,338 -19.5%
55	ROIVANT SCIENCES LTD SHS ROIV	ROIV	350,001	$3.9m0.10%	0.10%	New
56	PIONEER ACQUISITION I CORP UNIT 06/16/2030 PACHU	PACHU	386,894	$3.9m0.10%	0.10%	New
57	NOVO-NORDISK A S ADR NVO	NVO	55,223	$3.8m0.09%	0.09%	Added +18.0k	+17,993 48.3%
58	INTERPUBLIC GROUP COS INC COM IPG	IPG	154,605	$3.8m0.09%	0.09%	New
59	GLOBAL SHIP LEASE INC NEW COM CL A GSL	GSL	142,922	$3.8m0.09%	0.09%	Added +15.3k	+15,285 12.0%
60	DIGITALBRIDGE GROUP INC CL A NEW CL A NEW		350,957	$3.6m0.09%	0.09%	Reduced -234.6k	-234,645 -40.1%
61	CIRCLE INTERNET GROUP INC COM CL A CRCL	CRCL	19,476	$3.5m0.09%	0.09%	New
62	VERINT SYS INC COM VRNT	VRNT	178,573	$3.5m0.09%	0.09%	New
63	CLIMB BIO INC COM CLYM	CLYM	2,502,531	$3.1m0.08%	0.08%	Added +503.1k	+503,116 25.2%
64	BOLD EAGLE ACQUISITION CORP CL A BEAG	BEAG	291,696	$3.1m0.07%	0.07%	New
65	COHEN CIRCLE ACQUISITION COR UNIT 99/99/9999 UNIT 99/99/9999		270,000	$3.0m0.07%	0.07%	Unchanged
66	SOULPOWER ACQUISITION CORP UNIT 99/99/9999 SOUL.U	SOUL.U	288,200	$2.9m0.07%	0.07%	New
67	MAREX GROUP PLC ORD 96665EUR	96665EUR	72,500	$2.9m0.07%	0.07%	Reduced -3.2k	-3,152 -4.2%
68	NEW PROVIDENCE ACQUISITION C UNIT 99/99/9999 NPACU	NPACU	271,400	$2.8m0.07%	0.07%	New
69	INFLECTION PT ACQUISITION CO UNIT 03/01/2027 UNIT 03/01/2027		264,295	$2.8m0.07%	0.07%	New
70	SIZZLE ACQUISITION CORP. II UNIT 99/99/9999 SZZLU	SZZLU	269,972	$2.8m0.07%	0.07%	New
71	NEXXEN INTL LTD SHS NEW NEXN	NEXN	261,286	$2.7m0.07%	0.07%	Reduced -2.4k	-2,353 -0.9%
72	VALE S A SPONSORED ADS VALE	VALE	277,666	$2.7m0.07%	0.07%	Reduced -64.2k	-64,244 -18.8%
73	OSCAR HEALTH INC CL A OSCR	OSCR	122,507	$2.6m0.06%	0.06%	Added +107.9k	+107,861 736.5%
74	GE AEROSPACE COM NEW GE	GE	9,487	$2.4m0.06%	0.06%	New
75	CONTEXTLOGIC INC CL A NEW LOGC	LOGC	351,814	$2.4m0.06%	0.06%	New
76	APARTMENT INVT & MGMT CO CL A AIV	AIV	275,000	$2.4m0.06%	0.06%	Added +265.0k	+264,998 2649.4%
77	FTAI AVIATION LTD SHS FTAI	FTAI	20,000	$2.3m0.06%	0.06%	New
78	VIKING THERAPEUTICS INC COM VKTX	VKTX	86,698	$2.3m0.06%	0.06%	New
79	FIFTH ERA ACQUISITION CORP I UNIT 99/99/9999 FERAU	FERAU	220,000	$2.3m0.06%	0.06%	Unchanged
80	NU HLDGS LTD ORD SHS CL A NU	NU	150,780	$2.1m0.05%	0.05%	New
81	ABRDN PALLADIUM ETF TRUST PHYSICAL PALLADM PALL	PALL	20,010	$2.0m0.05%	0.05%	New
82	INTEL CORP COM INTC	INTC	89,483	$2.0m0.05%	0.05%	Added +2.7k	+2,704 3.1%
83	RYANAIR HOLDINGS PLC SPONSORED ADR RYAAY	RYAAY	34,081	$2.0m0.05%	0.05%	Added +26.4k	+26,431 345.5%
84	REPUBLIC DIGITAL ACQUISITION *W EXP 05/01/203 RDAGW	RDAGW	2,695,960	$1.9m0.05%	0.05%	New
85	ABERCROMBIE & FITCH CO CL A ANF	ANF	22,773	$1.9m0.05%	0.05%	New
86	JAMES RIV GROUP LTD COM JRVR	JRVR	316,000	$1.9m0.05%	0.05%	Added +141.9k	+141,883 81.5%
87	BLUE WTR ACQUISITION CORP. I UNIT 05/23/2030 BLUWU	BLUWU	183,944	$1.8m0.05%	0.05%	New
88	EXELA TECHNOLOGIES INC 6% CONV PFD SR B XELA 6 PERP B	XELA 6 PERP B	151,056	$1.8m0.04%	0.04%	Unchanged
89	PROSHARES TR II VIX SHT TERM FUT VIXY	VIXY	38,452	$1.8m0.04%	0.04%	Added +28.5k	+28,525 287.4%
90	ADOBE INC COM ADBE	ADBE	4,558	$1.8m0.04%	0.04%	Added +3.3k	+3,280 256.6%
91	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	2,188	$1.8m0.04%	0.04%	Reduced -1.9k	-1,851 -45.8%
92	RUMBLE INC *W EXP 09/16/202 RUMBW	RUMBW	550,000	$1.7m0.04%	0.04%	Unchanged
93	ALUMIS INC COM ALMS	ALMS	559,201	$1.7m0.04%	0.04%	New
94	REKOR SYSTEMS INC COM REKR	REKR	1,423,359	$1.7m0.04%	0.04%	Reduced -2.0m	-2,000,000 -58.4%
95	JD.COM INC SPON ADS CL A JD	JD	50,548	$1.6m0.04%	0.04%	New
96	MODERNA INC COM MRNA	MRNA	59,590	$1.6m0.04%	0.04%	Reduced -34.5k	-34,546 -36.7%
97	BOEING CO COM BA	BA	7,786	$1.6m0.04%	0.04%	Added +691	+691 9.7%
98	PHILIP MORRIS INTL INC COM PM	PM	8,801	$1.6m0.04%	0.04%	New
99	ONKURE THERAPEUTICS INC COM CL A OKUR	OKUR	669,539	$1.6m0.04%	0.04%	Added +538.8k	+538,839 412.3%
100	RAPID7 INC COM RPD	RPD	69,147	$1.6m0.04%	0.04%	Added +61.1k	+61,100 759.3%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
SATELLOGIC INC SATL	SATL	13,380,873	$41.4m13.4m shares
BAIDU INC BIDU	BIDU	146,472	$13.5m146.5k shares
VANGUARD BD INDEX FDS BND	BND	77,366	$5.7m77.4k shares
TRIPADVISOR INC TRIP	TRIP	283,841	$4.0m283.8k shares
TECK RESOURCES LTD TECK	TECK	94,702	$3.4m94.7k shares
SHELL PLC SHEL	SHEL	45,224	$3.3m45.2k shares
NEBIUS GROUP N.V. NBIS	NBIS	137,720	$2.9m137.7k shares
FLUTTER ENTMT PLC FLUT	FLUT	11,409	$2.5m11.4k shares
SANOFI SNY	SNY	45,000	$2.5m45.0k shares
PAPAYA GRWT OPPORTUNITY CORP PPYAU	PPYAU	212,500	$2.2m212.5k shares
ISHARES TR TIP	TIP	18,605	$2.1m18.6k shares
PURECYCLE TECHNOLOGIES INC PCT	PCT	292,414	$2.0m292.4k shares
ABRDN PLATINUM ETF TRUST PPLT	PPLT	21,811	$2.0m21.8k shares
VANGUARD WHITEHALL FDS VIGI	VIGI	22,180	$1.8m22.2k shares
TAPESTRY INC TPR	TPR	25,351	$1.8m25.4k shares
INFLECTION PT ACQUISITN CRP		1,650,000	$1.8m1.6m shares
GE VERNOVA INC GEV	GEV	5,081	$1.6m5.1k shares
AVIDITY BIOSCIENCES INC RNA	RNA	50,000	$1.5m50.0k shares
ACELYRIN INC		588,664	$1.5m588.7k shares
ISHARES TR EAGG	EAGG	30,000	$1.4m30.0k shares
PLAYA HOTELS & RESORTS NV PLYA	PLYA	100,375	$1.3m100.4k shares
WALGREENS BOOTS ALLIANCE INC WBA	WBA	100,151	$1.1m100.2k shares
ORIC PHARMACEUTICALS INC ORIC	ORIC	200,000	$1.1m200.0k shares
MOONLAKE IMMUNOTHERAPEUTICS MLTX	MLTX	25,000	$976.8k25.0k shares
LENNAR CORP LEN	LEN	7,500	$860.9k7.5k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	1,734,500	$1.1bn1.7m shares	Added
SPDR S&P 500 ETF TR SPY · Call	SPY	Call	380,000	$234.8m380.0k shares	New
SUPER MICRO COMPUTER INC SMCI · Put	SMCI	Put	2,151,600	$105.4m2.2m shares	Added
FIDELITY WISE ORIGIN BITCOIN FBTC · Put	FBTC	Put	224,900	$21.1m224.9k shares	New
SOFI TECHNOLOGIES INC SOFI · Put	SOFI	Put	983,800	$17.9m983.8k shares	New
BROADCOM INC AVGO · Put	AVGO	Put	59,900	$16.5m59.9k shares	Reduced
RIOT PLATFORMS INC RIOT · Put	RIOT	Put	1,374,800	$15.5m1.4m shares	Added
FIRST SOLAR INC FSLR · Call	FSLR	Call	50,000	$8.3m50.0k shares	New
ROBLOX CORP RBLX · Put	RBLX	Put	76,000	$8.0m76.0k shares	New
BRISTOL-MYERS SQUIBB CO BMY · Put	BMY	Put	150,000	$6.9m150.0k shares	New
RIOT PLATFORMS INC RIOT · Call	RIOT	Call	562,000	$6.4m562.0k shares	Added
ADVANCED MICRO DEVICES INC AMD · Call	AMD	Call	37,500	$5.3m37.5k shares	New
FTAI AVIATION LTD FTAI · Call	FTAI	Call	42,600	$4.9m42.6k shares	New
BOSTON SCIENTIFIC CORP BSX · Put	BSX	Put	42,500	$4.6m42.5k shares	New
META PLATFORMS INC META · Call	META	Call	6,000	$4.4m6.0k shares	Reduced
CIPHER MINING INC CIFR · Call	CIFR	Call	750,000	$3.6m750.0k shares	New
PALANTIR TECHNOLOGIES INC PLTR · Call	PLTR	Call	25,000	$3.4m25.0k shares	Added
NVIDIA CORPORATION NVDA · Put	NVDA	Put	481,585,118	$3.0m481.6m shares	Added
THE TRADE DESK INC TTD · Call	TTD	Call	40,000	$2.9m40.0k shares	Reduced
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	20,000	$2.8m20.0k shares	Reduced
LAUDER ESTEE COS INC EL · Call	EL	Call	35,000	$2.8m35.0k shares	New
DIGITALBRIDGE GROUP INC Call		Call	250,000	$2.6m250.0k shares	New
IMMUNOCORE HLDGS PLC IMCR · Call	IMCR	Call	75,000	$2.4m75.0k shares	New
REPLIMUNE GROUP INC REPL · Put	REPL	Put	200,000	$1.9m200.0k shares	New
TESLA INC TSLA · Call	TSLA	Call	4,999	$1.6m5.0k shares	Reduced

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
BGC GROUP INC BGC · 13D · filed 2025-10-06	BGC	23.4%≈ $1.2bn	-0.1 pts	13D	2025-10-06
NEWMARK GROUP INC NMRK · 13D · filed 2025-10-06	NMRK	22.3%≈ $665.2m	-0.1 pts	13D	2025-10-06
XBP GLOBAL HOLDINGS INC 13D · filed 2026-09-22		7.2%	+0.4 pts	13D	2026-09-22