TWO SIGMA INVESTMENTS, LP

NEW YORK, NY · CIK 1179392 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2009 · limited partnership

Assets managed$232.8bn
Staff1,555 · 784 in investment roles
Main clients (by assets)Private funds 99%
Private funds62 (62 hedge) · $310.9bn gross assets
Websitetwosigma.cn
Form ADV · 2026-03-31SEC adviser record

Legal entityTWO SIGMA INVESTMENTS, LP (US)

Kindhedge funds, futures
Others nearbyNew York, NY, Palm Beach Gardens, FL

As an employer

Offices in1 country
Private fundshedge 62

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
New York, NY (main office)United States	United States	about 782
Palm Beach Gardens, FLUnited States	United States	2

US visa salary filings

Filings FY2024–2026233
Median salary offered$215,000
Middle half$200,000 – $235,000
Job titles42
E-3 (Australians)4

Job title	Filings	Median	Range
Quantitative ResearcherNew York, NY	89	$227,000	$165,000 – $325,000
Software EngineerNew York, NY	63	$206,000	$165,000 – $315,000
Quantitative Software EngineerNew York, NY	22	$227,000	$175,000 – $277,000
Data ScientistNew York, NY	7	$200,000	$180,000 – $210,000
Investment AssociateNew York, NY	4	$160,000	$150,000 – $170,000
Ai Research ScientistNew York, NY	3	$215,000	$210,000 – $220,000
Chief Communications OfficerNew York, NY	2	$430,000
TraderNew York, NY	2	$223,000	$221,000 – $225,000
Quantitative Risk ManagerNew York, NY	2	$219,000	$213,000 – $225,000
Quantitative Risk AssociateNew Haven, CT	2	$215,000
Quantitative Financial EngineerNew York, NY	2	$210,000	$205,000 – $215,000
EconomistNew York, NY	2	$190,000

28 more job titles

Systematic Risk AnalystGreensboro, NC	2	$185,000
Fund AccountantNew York, NY	2	$165,000	$155,000 – $175,000
Data AnalystNew York, NY	2	$155,750	$131,500 – $180,000
Chief Marketing And Communications OfficerNew York, NY	1	$430,000
Quantitative AnalystNew York, NY	1	$275,000
Quantitative Software Engineer (Derivative Relatives Value)New York, NY	1	$270,000
(Information Technology) Business ManagerNew York, NY	1	$235,000
(Software) Product ManagerNew York, NY	1	$220,000
Data Scientist (Real Estate Analytics)New York, NY	1	$220,000
Margin SpecialistNew York, NY	1	$207,000
Senior Data AnalystNew York, NY	1	$202,500
Product ManagerNew York, NY	1	$200,000
Network Security Systems EngineerNew York, NY	1	$200,000
Program ManagerNew York, NY	1	$185,000
Operational Risk AnalystNew York, NY	1	$180,000
Business ManagerNew York, NY	1	$180,000
Data Clinic Data ScientistNew York, NY	1	$179,000
Data Scientist: DatanomicsNew York, NY	1	$175,000
Quantitative Analyst (Financial Resource Management)New York, NY	1	$175,000
Software Engineer (Optimization & Market Impact Technology)New York, NY	1	$170,000
Team Lead-Technical Operations EngineeringNew York, NY	1	$165,000
Technical Operations EngineerNew York, NY	1	$165,000
Corporate Strategy AssociateNew York, NY	1	$162,000
(Computer Hardware) Operations EngineerNew York, NY	1	$159,500
Hr Systems AnalystNew York, NY	1	$146,000
Corporate AccountantNew York, NY	1	$145,000
Quantitative Risk EngineerNew York, NY	1	$145,000
Data Research And Acceleration AnalystNew York, NY	1	$141,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: TWO SIGMA INVESTMENTS, LP, Two Sigma Investments, LP.

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$132.9bn reported value +10.3% vs Q1 2026

3,901positions

8.6%in top 10

665 new 1,560 added 1,473 reduced 443 sold out vs Q1 2026

Options: 550 call positions ($2.3bn notional), 566 put positions ($2.9bn notional) – listed below, not included above.

This report includes the holdings of 13 other managers that share the investment decisions:

TWO SIGMA ABSOLUTE RETURN PORTFOLIO, LLC – reports through this filing
TWO SIGMA ACTIVE EXTENSION U.S. ALL CAP EQUITY PORTFOLIO, LLC – reports through this filing
TWO SIGMA EQUITY PORTFOLIO, LLC – reports through this filing
TWO SIGMA HORIZON PORTFOLIO, LLC – reports through this filing
TWO SIGMA SPECTRUM PORTFOLIO, LLC – reports through this filing
Two Sigma Active Extension U.S. Small Cap Equity Fund, LP – reports through this filing
Two Sigma Blazar Portfolio, LLC – reports through this filing
Two Sigma Equity Risk Premia Portfolio, LLC – reports through this filing

5 more

Two Sigma Equity Spectrum Portfolio, LLC – reports through this filing
Two Sigma Futures Portfolio, LLC – reports through this filing
Two Sigma Navigator Portfolio, LLC – reports through this filing
Two Sigma Venus Portfolio, LLC – reports through this filing
Two Sigma World Core Fund, LP – reports through this filing

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

Holdings, Q2 2026

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	WESTERN DIGITAL CORP NOTE 3.000%11/1 · principal WDC 3 11.15.28 · principal	WDC 3 11.15.28	88,951,000	$1.5bn1.13%	1.13%	Reduced -275.0k	-275,000 -0.3%
2	AMAZON COM INC COM AMZN	AMZN	5,716,287	$1.4bn1.03%	1.03%	Reduced -618.9k	-618,880 -9.8%
3	NVIDIA CORPORATION COM NVDA	NVDA	6,284,574	$1.3bn0.95%	0.95%	Reduced -4.9m	-4,949,671 -44.1%
4	APPLE INC COM AAPL	AAPL	4,176,413	$1.2bn0.91%	0.91%	Reduced -1.8m	-1,768,030 -29.7%
5	TESLA INC COM TSLA	TSLA	2,861,596	$1.2bn0.91%	0.91%	Reduced -51.3k	-51,303 -1.8%
6	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	2,274,395	$1.1bn0.86%	0.86%	Added +652.8k	+652,805 40.3%
7	JPMORGAN CHASE & CO COM JPM	JPM	2,957,516	$968.1m0.73%	0.73%	Reduced -353.4k	-353,372 -10.7%
8	MASTERCARD INCORPORATED CL A MA	MA	1,841,139	$945.6m0.71%	0.71%	Added +166.0k	+166,041 9.9%
9	COSTCO WHSL CORP NEW COM COST	COST	1,006,231	$941.3m0.71%	0.71%	Added +131.4k	+131,438 15.0%
10	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	461,505	$918.1m0.69%	0.69%	Added +82.6k	+82,555 21.8%
11	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,515,419	$880.3m0.66%	0.66%	Added +143.4k	+143,415 10.4%
12	CITIGROUP INC COM NEW C	C	5,938,026	$831.1m0.63%	0.63%	Added +1.6m	+1,636,159 38.0%
13	BOSTON SCIENTIFIC CORP COM BSX	BSX	19,359,023	$826.2m0.62%	0.62%	Added +9.9m	+9,947,792 105.7%
14	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,246,651	$802.9m0.60%	0.60%	Reduced -2.2m	-2,184,977 -49.3%
15	LOCKHEED MARTIN CORP COM LMT	LMT	1,569,836	$799.8m0.60%	0.60%	Added +220.7k	+220,664 16.4%
16	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	1,979,128	$787.1m0.59%	0.59%	Added +573.8k	+573,794 40.8%
17	SCHWAB CHARLES CORP COM SCHW	SCHW	8,425,755	$777.4m0.59%	0.59%	Added +3.1m	+3,065,456 57.2%
18	KIMBERLY-CLARK CORP COM KMB	KMB	7,054,632	$774.4m0.58%	0.58%	Added +1.9m	+1,879,906 36.3%
19	GOLDMAN SACHS GROUP INC COM GS	GS	753,545	$762.1m0.57%	0.57%	Added +387.8k	+387,817 106.0%
20	TJX COS INC NEW COM TJX	TJX	4,990,475	$756.1m0.57%	0.57%	Reduced -252.8k	-252,793 -4.8%
21	T-MOBILE US INC COM TMUS	TMUS	4,443,802	$745.4m0.56%	0.56%	Added +552.3k	+552,334 14.2%
22	ABBOTT LABS COM ABT	ABT	8,126,315	$737.4m0.55%	0.55%	Added +1.7m	+1,737,487 27.2%
23	ROBLOX CORP CL A RBLX	RBLX	13,448,649	$731.3m0.55%	0.55%	Added +1.4m	+1,404,681 11.7%
24	INTERACTIVE BROKERS GROUP IN COM CL A IBKR	IBKR	8,340,400	$725.9m0.55%	0.55%	Added +27.4k	+27,429 0.3%
25	MORGAN STANLEY COM NEW MS	MS	3,423,546	$715.7m0.54%	0.54%	Reduced -316.1k	-316,066 -8.4%
26	MICROSOFT CORP COM MSFT	MSFT	1,829,283	$682.4m0.51%	0.51%	Added +448.4k	+448,446 32.5%
27	PROGRESSIVE CORP COM PGR	PGR	3,030,604	$662.0m0.50%	0.50%	Reduced -497.2k	-497,204 -14.1%
28	CLOUDFLARE INC CL A COM NET	NET	2,586,183	$634.3m0.48%	0.48%	Reduced -233.7k	-233,654 -8.3%
29	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	18,486,484	$628.5m0.47%	0.47%	Added +10.3m	+10,271,077 125.0%
30	MICRON TECHNOLOGY INC COM MU	MU	535,173	$617.7m0.46%	0.46%	Reduced -1.8m	-1,755,271 -76.6%
31	BLOOM ENERGY CORP COM CL A BE	BE	2,016,532	$610.4m0.46%	0.46%	Reduced -1.5m	-1,531,306 -43.2%
32	EQUINIX INC COM EQIX	EQIX	576,841	$601.3m0.45%	0.45%	Added +124.6k	+124,574 27.5%
33	WELLS FARGO CO NEW COM WFC	WFC	7,266,171	$600.5m0.45%	0.45%	Added +5.7m	+5,682,984 359.0%
34	RTX CORPORATION COM RTX	RTX	3,108,337	$589.7m0.44%	0.44%	Added +1.2m	+1,152,154 58.9%
35	ILLINOIS TOOL WKS INC COM ITW	ITW	2,153,740	$582.5m0.44%	0.44%	Added +685.7k	+685,665 46.7%
36	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	10,085,383	$581.1m0.44%	0.44%	Reduced -1.4m	-1,449,723 -12.6%
37	ALNYLAM PHARMACEUTICALS INC COM ALNY	ALNY	1,875,937	$564.7m0.42%	0.42%	Reduced -116.6k	-116,640 -5.8%
38	INTUIT COM INTU	INTU	2,161,507	$564.2m0.42%	0.42%	New
39	GUARDANT HEALTH INC COM GH	GH	3,719,301	$558.0m0.42%	0.42%	Reduced -510.2k	-510,230 -12.1%
40	SANDISK CORP COM SNDK	SNDK	241,675	$549.5m0.41%	0.41%	Reduced -521.1k	-521,051 -68.3%
41	WASTE CONNECTIONS INC COM WCN	WCN	3,245,893	$541.1m0.41%	0.41%	Reduced -198.2k	-198,159 -5.8%
42	CME GROUP INC COM CME	CME	2,420,121	$534.4m0.40%	0.40%	Added +1.3m	+1,268,663 110.2%
43	ROSS STORES INC COM ROST	ROST	2,446,237	$520.7m0.39%	0.39%	Reduced -366.1k	-366,053 -13.0%
44	AIRBNB INC COM CL A ABNB	ABNB	3,550,165	$508.0m0.38%	0.38%	Added +91.4k	+91,394 2.6%
45	MODERNA INC COM MRNA	MRNA	7,193,530	$503.8m0.38%	0.38%	Reduced -1.9m	-1,892,874 -20.8%
46	THE CIGNA GROUP COM CI	CI	1,813,110	$499.8m0.38%	0.38%	Added +1.2m	+1,171,762 182.7%
47	IONIS PHARMACEUTICALS INC COM IONS	IONS	6,252,342	$495.7m0.37%	0.37%	Added +394.7k	+394,713 6.7%
48	AERCAP HOLDINGS NV SHS AER	AER	3,394,989	$494.9m0.37%	0.37%	Reduced -140.6k	-140,610 -4.0%
49	AMERICAN AIRLS GROUP INC COM AAL	AAL	27,240,983	$492.2m0.37%	0.37%	Added +13.1m	+13,060,865 92.1%
50	DOW INC COM DOW	DOW	17,873,366	$489.0m0.37%	0.37%	Added +13.4m	+13,367,989 296.7%
51	REPUBLIC SVCS INC COM RSG	RSG	2,280,285	$485.9m0.37%	0.37%	Added +571.2k	+571,170 33.4%
52	GENERAL MTRS CO COM GM	GM	6,239,851	$481.0m0.36%	0.36%	Added +305.3k	+305,290 5.1%
53	BLACKROCK INC COM BLK	BLK	485,320	$466.7m0.35%	0.35%	Added +292.3k	+292,299 151.4%
54	HEWLETT PACKARD ENTERPRISE C COM HPE	HPE	10,174,449	$459.0m0.35%	0.35%	Reduced -421.1k	-421,138 -4.0%
55	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	7,958,200	$426.6m0.32%	0.32%	Added +2.8m	+2,796,464 54.2%
56	RALPH LAUREN CORP CL A RL	RL	1,048,689	$421.0m0.32%	0.32%	Added +152.0k	+151,965 16.9%
57	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	1,504,937	$415.6m0.31%	0.31%	Reduced -1.3m	-1,290,146 -46.2%
58	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	3,544,053	$413.5m0.31%	0.31%	Reduced -2.9m	-2,886,449 -44.9%
59	REGENERON PHARMACEUTICALS COM REGN	REGN	656,124	$409.1m0.31%	0.31%	Reduced -156.1k	-156,112 -19.2%
60	TEXAS INSTRS INC COM TXN	TXN	1,371,840	$408.9m0.31%	0.31%	Added +1.2m	+1,242,740 962.6%
61	TE CONNECTIVITY PLC ORD SHS TEL	TEL	2,028,193	$408.9m0.31%	0.31%	Added +335.3k	+335,313 19.8%
62	AMGEN INC COM AMGN	AMGN	1,128,681	$408.7m0.31%	0.31%	Added +1.1m	+1,057,001 1474.6%
63	CENTENE CORP DEL COM CNC	CNC	6,348,038	$407.5m0.31%	0.31%	Reduced -395.9k	-395,908 -5.9%
64	CINTAS CORP COM CTAS	CTAS	2,360,937	$401.5m0.30%	0.30%	Added +1.3k	+1,256 0.1%
65	ON SEMICONDUCTOR CORP COM ON	ON	4,068,560	$384.6m0.29%	0.29%	Reduced -385.3k	-385,255 -8.7%
66	APPLIED DIGITAL CORP COM NEW APLD	APLD	10,299,117	$384.2m0.29%	0.29%	Added +8.7m	+8,706,515 546.7%
67	META PLATFORMS INC CL A META	META	669,390	$377.1m0.28%	0.28%	Reduced -113.8k	-113,835 -14.5%
68	COPART INC COM CPRT	CPRT	12,549,718	$353.8m0.27%	0.27%	Added +1.8m	+1,841,683 17.2%
69	BRIDGEBIO PHARMA INC COM BBIO	BBIO	4,722,185	$351.7m0.26%	0.26%	Added +1.6m	+1,601,554 51.3%
70	FREEPORT-MCMORAN INC CL B FCX	FCX	5,574,216	$350.6m0.26%	0.26%	Reduced -677.2k	-677,235 -10.8%
71	NEUROCRINE BIOSCIENCES INC COM NBIX	NBIX	2,076,260	$349.9m0.26%	0.26%	Reduced -984.3k	-984,310 -32.2%
72	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	354,816	$342.4m0.26%	0.26%	Added +252.3k	+252,291 246.1%
73	COREWEAVE INC COM CL A CRWV	CRWV	3,431,074	$341.5m0.26%	0.26%	Added +3.3m	+3,317,458 2919.9%
74	UNION PAC CORP COM UNP	UNP	1,254,083	$341.1m0.26%	0.26%	Added +157.1k	+157,136 14.3%
75	VALERO ENERGY CORP COM VLO	VLO	1,283,485	$334.3m0.25%	0.25%	Added +592.3k	+592,325 85.7%
76	FORTINET INC COM FTNT	FTNT	2,171,408	$333.6m0.25%	0.25%	Added +1.0m	+1,047,009 93.1%
77	RIVIAN AUTOMOTIVE INC COM CL A RIVN	RIVN	19,178,109	$332.7m0.25%	0.25%	Added +9.6m	+9,624,687 100.8%
78	HUBSPOT INC COM HUBS	HUBS	1,819,744	$332.1m0.25%	0.25%	Added +475.1k	+475,123 35.3%
79	PG&E CORP COM PCG	PCG	19,512,052	$328.2m0.25%	0.25%	Added +12.5m	+12,454,879 176.5%
80	MERCADOLIBRE INC COM MELI	MELI	187,255	$317.8m0.24%	0.24%	Added +158.4k	+158,439 549.8%
81	MARATHON PETE CORP COM MPC	MPC	1,239,241	$316.8m0.24%	0.24%	Reduced -285.0k	-285,045 -18.7%
82	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	1,075,122	$312.4m0.24%	0.24%	Added +468.7k	+468,735 77.3%
83	SELECT SECTOR SPDR TR ENERGY XLE	XLE	5,819,502	$309.1m0.23%	0.23%	New
84	CARMAX INC COM KMX	KMX	5,831,970	$308.5m0.23%	0.23%	Added +484.9k	+484,873 9.1%
85	VERISK ANALYTICS INC COM VRSK	VRSK	1,717,969	$308.4m0.23%	0.23%	Added +142.6k	+142,556 9.1%
86	THE TRADE DESK INC COM CL A TTD	TTD	17,050,857	$308.3m0.23%	0.23%	Added +2.9m	+2,889,536 20.4%
87	HORMEL FOODS CORP COM HRL	HRL	12,325,712	$305.9m0.23%	0.23%	Added +339.0k	+338,984 2.8%
88	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	1,775,121	$303.3m0.23%	0.23%	New
89	ISHARES TR ISHARES BIOTECH IBB	IBB	1,588,107	$302.0m0.23%	0.23%	Added +1.0m	+1,030,300 184.7%
90	RBC BEARINGS INC COM RBC	RBC	467,098	$300.8m0.23%	0.23%	Added +182.0k	+182,011 63.8%
91	SOLSTICE ADVANCED MATLS INC COM SHS SOLS	SOLS	3,355,801	$297.3m0.22%	0.22%	Added +905.7k	+905,732 37.0%
92	WASTE MGMT INC DEL COM WM	WM	1,333,794	$297.3m0.22%	0.22%	Reduced -705.4k	-705,400 -34.6%
93	DIGITALOCEAN HLDGS INC COM DOCN	DOCN	1,886,632	$296.3m0.22%	0.22%	Added +1.7m	+1,697,290 896.4%
94	GODADDY INC CL A GDDY	GDDY	3,485,477	$295.8m0.22%	0.22%	Reduced -34.4k	-34,370 -1.0%
95	ECHOSTAR CORP NOTE 3.875%11/3 · principal ECHO 3.875 11.30.30 · principal	ECHO 3.875 11.30.30	94,651,000	$295.5m0.22%	0.22%	Added +10.5m	+10,535,000 12.5%
96	INSULET CORP COM PODD	PODD	1,903,734	$289.8m0.22%	0.22%	Added +1.1m	+1,141,385 149.7%
97	MOLINA HEALTHCARE INC COM MOH	MOH	1,266,338	$289.6m0.22%	0.22%	Reduced -84.4k	-84,357 -6.2%
98	FIVE BELOW INC COM FIVE	FIVE	1,605,648	$288.7m0.22%	0.22%	Added +171.4k	+171,403 11.9%
99	SUPER MICRO COMPUTER INC COM NEW SMCI	SMCI	9,783,845	$287.0m0.22%	0.22%	Added +8.9m	+8,876,913 978.8%
100	TERAWULF INC COM WULF	WULF	11,495,860	$283.9m0.21%	0.21%	Added +3.7m	+3,658,763 46.7%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		868,648	$392.7m868.6k shares
BLOOM ENERGY CORP BE 3 06.01.28	BE 3 06.01.28	27,027,000	$194.2m27.0m shares
SELECT SECTOR SPDR TR XLK	XLK	1,295,026	$172.1m1.3m shares
SELECT SECTOR SPDR TR XLRE	XLRE	2,731,500	$111.5m2.7m shares
CENTERPOINT ENERGY INC CNP 4.25 08.15.26	CNP 4.25 08.15.26	79,980,000	$94.7m80.0m shares
ISHARES TR IYR	IYR	984,203	$93.1m984.2k shares
VENTAS RLTY LTD PARTNERSHIP VTR 3.75 06.01.26	VTR 3.75 06.01.26	56,997,000	$84.7m57.0m shares
CHARTER COMMUNICATIONS INC N CHTR	CHTR	302,190	$65.2m302.2k shares
JAZZ INVESTMENTS I LTD JAZZ 2 06.15.26	JAZZ 2 06.15.26	53,132,000	$64.4m53.1m shares
ICICI BANK LIMITED IBN	IBN	2,485,103	$64.4m2.5m shares
ISHARES TR IWM	IWM	251,870	$62.5m251.9k shares
ECOLAB INC ECL	ECL	219,775	$58.5m219.8k shares
CNX RES CORP CNX 2.25 05.01.26	CNX 2.25 05.01.26	18,550,000	$56.7m18.6m shares
ASCENDIS PHARMA A/S		220,341	$50.4m220.3k shares
TASEKO MINES LTD		7,790,424	$50.2m7.8m shares
VANGUARD WORLD FD MGC	MGC	200,200	$47.3m200.2k shares
THOMSON REUTERS CORP		408,216	$36.7m408.2k shares
VANECK ETF TRUST SMH	SMH	92,301	$35.4m92.3k shares
VANGUARD INDEX FDS VV	VV	117,760	$35.2m117.8k shares
GREAT LAKES DREDGE & DOCK CO GLDD	GLDD	1,989,521	$33.8m2.0m shares
DIMENSIONAL ETF TRUST		1,326,000	$31.4m1.3m shares
ISHARES TR MTUM	MTUM	125,199	$30.0m125.2k shares
NABORS INDS INC NBR 1.75 06.15.29	NBR 1.75 06.15.29	32,660,000	$29.5m32.7m shares
UNIVERSAL HLTH SVCS INC UHS	UHS	155,819	$27.9m155.8k shares
SNOWFLAKE INC SNOW 0 10.01.27	SNOW 0 10.01.27	22,500,000	$26.6m22.5m shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Call	SPY	Call	546,800	$408.3m546.8k shares	Added
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	546,800	$408.3m546.8k shares	Added
ISHARES TR IWM · Put	IWM	Put	732,400	$220.0m732.4k shares	Added
ISHARES TR IWM · Call	IWM	Call	732,400	$220.0m732.4k shares	Added
INVESCO QQQ TR QQQ · Call	QQQ	Call	157,300	$115.8m157.3k shares	Added
INVESCO QQQ TR QQQ · Put	QQQ	Put	157,300	$115.8m157.3k shares	Added
RIVIAN AUTOMOTIVE INC RIVN · Put	RIVN	Put	6,508,000	$112.9m6.5m shares	Added
NVIDIA CORPORATION NVDA · Put	NVDA	Put	312,500	$62.5m312.5k shares	Reduced
NVIDIA CORPORATION NVDA · Call	NVDA	Call	304,900	$61.0m304.9k shares	Reduced
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	79,000	$45.9m79.0k shares	Added
GE VERNOVA INC GEV · Put	GEV	Put	34,700	$40.8m34.7k shares	Added
PALANTIR TECHNOLOGIES INC PLTR · Put	PLTR	Put	335,800	$39.2m335.8k shares	Added
ALPHABET INC GOOGL · Put	GOOGL	Put	108,900	$38.9m108.9k shares	Reduced
ADVANCED MICRO DEVICES INC AMD · Call	AMD	Call	66,700	$38.7m66.7k shares	Added
META PLATFORMS INC META · Put	META	Put	64,900	$36.6m64.9k shares	Reduced
ALPHABET INC GOOGL · Call	GOOGL	Call	101,200	$36.2m101.2k shares	Reduced
APPLE INC AAPL · Put	AAPL	Put	117,200	$33.9m117.2k shares	Added
GE VERNOVA INC GEV · Call	GEV	Call	28,600	$33.6m28.6k shares	Added
ASML HOLDING N V ASML · Put	ASML	Put	16,600	$33.0m16.6k shares	Added
ELI LILLY & CO LLY · Call	LLY	Call	27,200	$32.6m27.2k shares	Added
NIKE INC NKE · Put	NKE	Put	794,100	$32.6m794.1k shares	Added
APPLE INC AAPL · Call	AAPL	Call	112,500	$32.6m112.5k shares	Added
PALANTIR TECHNOLOGIES INC PLTR · Call	PLTR	Call	275,800	$32.2m275.8k shares	Added
META PLATFORMS INC META · Call	META	Call	57,000	$32.1m57.0k shares	Reduced
ASTERA LABS INC ALAB · Put	ALAB	Put	62,500	$30.2m62.5k shares	Reduced