Galaxy Group Investments LLC

NEW YORK, NY · CIK 1912562 · 13F filing filed 2026-03-24

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.

Others nearbyNew York, NY

$720.4m reported value -29.5% vs Q3 2025

36positions

93.0%in top 10

21 new 1 added 6 reduced 14 sold out vs Q3 2025

Options: 11 call positions ($38.3m notional), 2 put positions ($84.3m notional) – listed below, not included above.

This report includes the holdings of 4 other managers that share the investment decisions:

Galaxy Digital GP LLC – reports through this filing
Galaxy Digital Inc. – reports through this filing
Galaxy Digital LLC – reports through this filing
Galaxy Digital Trading Cayman LLC – reports through this filing

Also in the report of:

Galaxy Digital Capital Management GP LLC – $2.3m of shares are in both reports

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

Holdings, Q4 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	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	6,090,206	$302.4m41.97%	41.97%	Added +1.1m	+1,065,965 21.2%
2	ARK 21SHARES BITCOIN ETF SHS BEN INT ARKB	ARKB	5,117,500	$148.6m20.63%	20.63%	Reduced -175.2k	-175,180 -3.3%
3	INVESCO GALAXY BITCOIN ETF COM SHS BEN INT BTCO	BTCO	725,000	$63.2m8.77%	8.77%	Unchanged
4	FORWARD INDS INC N Y COM NEW COM NEW		8,108,108	$53.6m7.44%	7.44%	Unchanged
5	BULLISH ORD SHS BLSH	BLSH	625,000	$23.7m3.29%	3.29%	Unchanged
6	SSGA ACTIVE TR SPDR GALAXY HEDG HECO	HECO	590,000	$23.4m3.25%	3.25%	Reduced -430.0k	-430,000 -42.2%
7	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	105,150	$15.4m2.14%	2.14%	New
8	HYPERLIQUID STRATEGIES INC COM PURR	PURR	4,260,476	$15.2m2.11%	2.11%	New
9	ISHARES ETHEREUM TR SHS ETHA	ETHA	555,890	$12.5m1.73%	1.73%	Unchanged
10	CANAAN INC SPONSORED ADS CAN	CAN	17,500,000	$12.1m1.68%	1.68%	New
11	INVESCO GALAXY ETHEREUM ETF SHS QETH	QETH	290,000	$8.6m1.19%	1.19%	Unchanged
12	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	31,040	$5.9m0.83%	0.83%	New
13	DBX ETF TR XTRACK HRVST CSI ASHR	ASHR	157,750	$5.2m0.72%	0.72%	Reduced -182.5k	-182,500 -53.6%
14	STUBHUB HLDGS INC CL A STUB	STUB	331,708	$4.5m0.62%	0.62%	New
15	DEFI TECHNOLOGIES INC COM DEFT	DEFT	4,971,695	$3.8m0.52%	0.52%	Reduced -4.0m	-4,028,305 -44.8%
16	TERRESTRIAL ENERGY INC COM SHS IMSR	IMSR	500,000	$3.1m0.42%	0.42%	New
17	SPDR GOLD TR GOLD SHS GLD	GLD	6,700	$2.7m0.37%	0.37%	New
18	ISHARES TR EXPANDED TECH IGV	IGV	22,500	$2.4m0.33%	0.33%	New
19	PROCAP FINL INC COM SHS SVIA	SVIA	625,000	$2.2m0.31%	0.31%	New
20	FUTURECREST ACQUISITION CORP UNIT 99/99/9999 FCRS.U	FCRS.U	200,000	$2.0m0.28%	0.28%	Reduced -150.0k	-150,000 -42.9%
21	MF INTL LTD SHS NEW CL A MFI	MFI	100,000	$1.9m0.26%	0.26%	New
22	KRANESHARES TRUST CSI CHI INTERNET KWEB	KWEB	33,200	$1.1m0.16%	0.16%	Reduced -14.3k	-14,300 -30.1%
23	NVIDIA CORPORATION COM NVDA	NVDA	5,600	$1.0m0.14%	0.14%	New
24	SPDR SER TR S&P BIOTECH XBI	XBI	8,500	$1.0m0.14%	0.14%	New
25	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	5,000	$993.1k0.14%	0.14%	New
26	VANGUARD INDEX FDS VALUE ETF VTV	VTV	4,640	$886.2k0.12%	0.12%	New
27	AVAX ONE TECHNOLOGY LTD COM SHS COM SHS		423,729	$639.8k0.09%	0.09%	New
28	GRAYSCALE BITCOIN TRUST ETF SHS REP COM UT GBTC	GBTC	8,335	$569.8k0.08%	0.08%	Unchanged
29	SHIFT4 PMTS INC CL A FOUR	FOUR	8,902	$560.6k0.08%	0.08%	Unchanged
30	ISHARES TR MSCI USA MMENTM MTUM	MTUM	2,200	$550.7k0.08%	0.08%	New
31	SPDR SER TR S&P HOMEBUILD XHB	XHB	4,500	$463.3k0.06%	0.06%	New
32	BNB PLUS CORP COM NEW BNBX	BNBX	188,210	$231.5k0.03%	0.03%	New
33	K WAVE MEDIA LTD ORD SHS NXAT	NXAT	400,000	$164.0k0.02%	0.02%	Unchanged
34	BITCOIN DEPOT INC W EXP 06/30/202 W EXP 06/30/202		400,000	$44.9k0.01%	0.01%	New
35	HCM III ACQUISITION CORP *W EXP 07/23/203 HCMAW	HCMAW	14,900	$7.5k0.00%	0.00%	New
36	1RT ACQUISITION CORP. *W EXP 06/26/203 ONCHW	ONCHW	12,500	$7.3k0.00%	0.00%	New

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
CORE SCIENTIFIC INC NEW CORZ	CORZ	1,555,000	$27.9m1.6m shares
JD.COM INC JD	JD	363,000	$12.7m363.0k shares
SUI GROUP HOLDINGS LIMITED SUIG	SUIG	1,584,137	$6.1m1.6m shares
BITFARMS LTD BITF	BITF	700,000	$2.0m700.0k shares
HCM II ACQUISITION CORP IMSR	IMSR	100,000	$1.6m100.0k shares
HIVE DIGITAL TECHNOLOGIES LT HIVE	HIVE	310,000	$1.2m310.0k shares
1RT ACQUISITION CORP. ONCHU	ONCHU	50,000	$527.5k50.0k shares
CANTOR EQUITY PARTNERS II IN		50,000	$525.5k50.0k shares
CANTOR EQUITY PARTNERS III I CAEP	CAEP	50,000	$516.0k50.0k shares
HCM III ACQUISITION CORP HCMAU	HCMAU	44,900	$462.9k44.9k shares
FG NEXUS INC.		50,000	$274.5k50.0k shares
SILVERBOX CORP IV SBXDF	SBXDF	25,000	$261.8k25.0k shares
CHURCHILL CAP CORP X INFQ	INFQ	16,560	$213.0k16.6k shares
BITCOIN DEPOT INC		400,000	$99.2k400.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES BITCOIN TRUST ETF IBIT · Put	IBIT	Put	1,600,000	$79.4m1.6m shares	New
ZOOM COMMUNICATIONS INC ZM · Call	ZM	Call	100,000	$8.6m100.0k shares	New
ISHARES SILVER TR SLV · Put	SLV	Put	75,300	$4.9m75.3k shares	New
SELECT SECTOR SPDR TR XLI · Call	XLI	Call	30,300	$4.7m30.3k shares	New
SELECT SECTOR SPDR TR XLE · Call	XLE	Call	100,000	$4.5m100.0k shares	New
ISHARES SILVER TR SLV · Call	SLV	Call	57,500	$3.7m57.5k shares	New
DBX ETF TR ASHR · Call	ASHR	Call	110,000	$3.6m110.0k shares	New
SPDR GOLD TR GLD · Call	GLD	Call	7,400	$2.9m7.4k shares	New
INVESCO EXCHANGE TRADED FD T RSP · Call	RSP	Call	15,000	$2.9m15.0k shares	New
ISHARES TR FXI · Call	FXI	Call	50,000	$2.7m50.0k shares	New
SELECT SECTOR SPDR TR XLF · Call	XLF	Call	40,000	$2.2m40.0k shares	New
ISHARES INC EWZ · Call	EWZ	Call	65,000	$2.1m65.0k shares	New
NORTHERN DYNASTY MINERALS LT NAK · Call	NAK	Call	150,000	$405.0k150.0k shares	New

Trades reported as a company insider in Q4 2025

Owning 10% or more of a company, or having someone on its board, makes this manager an insider there: it reports its trades in that company's shares on Form 4 within two business days. Open-market and private purchases and sales only.

Date	Company	Ticker	Trade	Shares	Value	Their holding
2025-10-10	GALAXY DIGITAL INC. 10% owner	GLXY	Sold	2,477,055	$89.2m2.5m shares	-100%