Cavalier Investments, LLC Q4 2025 Filing
Filed February 13, 2026
Portfolio Value
$1.9B
Holdings
61
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (61 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TR | 912,400 | $622.2M | 31.97% | Put |
| 2 | NDQINVESCO QQQ TR | 857,900 | $527.0M | 27.08% | Put |
| 3 | SMHVANECK ETF TRUST | 270,000 | $97.2M | 5.00% | Call |
| 4 | IWMISHARES TR | 300,000 | $73.8M | 3.79% | Call |
| 5 | GEGE AEROSPACE | 175,000 | $53.9M | 2.77% | Put |
| 6 | SPYSPDR S&P 500 ETF Tru st | 70,859 | $48.3M | 2.48% | |
| 7 | LRCXLAM RESEARCH CORP | 255,000 | $43.6M | 2.24% | Put |
| 8 | JPMJPMORGAN CHASE & CO. | 100,000 | $32.2M | 1.66% | Put |
| 9 | NVDANVIDIA CORPORATION | 150,000 | $28.0M | 1.44% | Put |
| 10 | GEGeneral Electric Co | 60,674 | $18.7M | 0.96% | |
| 11 | PLTRPALANTIR TECHNOLOGIES INC | 100,000 | $17.8M | 0.91% | Put |
| 12 | NDQInvesco QQQ Trust Se ries 1 | 28,733 | $17.6M | 0.91% | |
| 13 | XLVSELECT SECTOR SPDR TR | 110,000 | $17.0M | 0.87% | Call |
| 14 | XLCCommunication Servic es Select Sector SPD | 125,490 | $14.8M | 0.76% | |
| 15 | WDCWestern Digital Corp | 81,980 | $14.1M | 0.73% | |
| 16 | WDCWESTERN DIGITAL CORP | 80,000 | $13.8M | 0.71% | Put |
| 17 | TSLATESLA INC | 30,000 | $13.5M | 0.69% | Call |
| 18 | SMHVanEck Vectors Semic onductor ETF | 36,732 | $13.2M | 0.68% | |
| 19 | VSTVISTRA CORP | 75,000 | $12.1M | 0.62% | Call |
| 20 | MSFTMICROSOFT CORP | 25,000 | $12.1M | 0.62% | Put |
| 21 | NVDANVIDIA Corp | 63,979 | $11.9M | 0.61% | |
| 22 | JPMJPMorgan Chase & Co | 36,648 | $11.8M | 0.61% | |
| 23 | RDDTReddit Inc | 51,230 | $11.8M | 0.61% | |
| 24 | XLCSELECT SECTOR SPDR TR | 100,000 | $11.8M | 0.60% | Call |
| 25 | RDDTREDDIT INC | 50,000 | $11.5M | 0.59% | Put |
| 26 | IBITISHARES BITCOIN TRUST ETF | 216,000 | $10.7M | 0.55% | Put |
| 27 | BSXBOSTON SCIENTIFIC CORP | 103,100 | $9.8M | 0.51% | Call |
| 28 | VFHVanguard Financials ETF | 73,154 | $9.8M | 0.50% | |
| 29 | TLTISHARES TR | 107,636 | $9.4M | 0.48% | |
| 30 | MSFTMicrosoft Corp | 19,160 | $9.3M | 0.48% | |
| 31 | IONQIONQ INC | 200,000 | $9.0M | 0.46% | Call |
| 32 | GQ9SPDR Gold Shares | 21,880 | $8.7M | 0.45% | |
| 33 | XNTKSPDR NYSE Technology ETF | 30,754 | $8.5M | 0.44% | |
| 34 | XLFFinancial Select Sec tor SPDR Fund | 151,059 | $8.3M | 0.43% | |
| 35 | LRCXLam Research Corp | 45,459 | $7.8M | 0.40% | |
| 36 | TSLATesla Inc | 16,082 | $7.2M | 0.37% | |
| 37 | NEMNewmont Corp. | 64,699 | $6.5M | 0.33% | |
| 38 | VGKVanguard FTSE Europe ETF | 70,814 | $5.9M | 0.30% | |
| 39 | IGLDFT Vest Gold Strateg y Target Income ETF | 235,347 | $5.9M | 0.30% | |
| 40 | HWMHOWMET AEROSPACE INC | 27,841 | $5.7M | 0.29% | |
| 41 | PLTRPalantir Technologie s Inc | 25,010 | $4.4M | 0.23% | |
| 42 | GDXVanEck Vectors Gold Miners ETF | 46,441 | $4.0M | 0.20% | |
| 43 | KCEState Street SPDR S&P Capital Markets | 26,328 | $3.9M | 0.20% | |
| 44 | SPYGSPDR Portfolio S&P 5 00 Growth ETF | 35,780 | $3.8M | 0.20% | |
| 45 | NVONOVO-NORDISK A S | 75,000 | $3.8M | 0.20% | Call |
| 46 | IBITiShares Bitcoin Trus t | 72,190 | $3.6M | 0.18% | |
| 47 | MIGASTRATEGY INC | 23,300 | $3.5M | 0.18% | Put |
| 48 | XARState Street SPDR Aerospace & Defense | 13,804 | $3.3M | 0.17% | |
| 49 | MIGAMicroStrategy Inc | 21,712 | $3.3M | 0.17% | |
| 50 | TAT&T Inc | 132,277 | $3.3M | 0.17% | |
| 51 | XLKTechnology Select Se ctor SPDR Fund | 20,492 | $3.0M | 0.15% | |
| 52 | CBOECboe Global Markets Inc | 10,252 | $2.6M | 0.13% | |
| 53 | IWMiShares Russell 2000 ETF | 9,834 | $2.4M | 0.12% | |
| 54 | IESCIES Holdings Inc | 5,964 | $2.3M | 0.12% | |
| 55 | ARGTGlobal X MSCI Argent ina ETF | 24,781 | $2.3M | 0.12% | |
| 56 | XLYConsumer Discretiona ry Select Sector SPD | 18,613 | $2.2M | 0.11% | |
| 57 | USOIX-Links Crude Oil Sh ares Covered Call ET | 42,254 | $2.0M | 0.10% | |
| 58 | EPOLiShares MSCI Poland ETF | 54,488 | $1.9M | 0.10% | |
| 59 | SPMDSPDR Portfolio S&P 4 00 Mid Cap ETF | 31,639 | $1.8M | 0.09% | |
| 60 | EWOISHARES MSCI AUSTRIA | 50,000 | $1.8M | 0.09% | |
| 61 | VSTVistra Energy Corp | 8,257 | $1.3M | 0.07% | |
| 62 | BMIBadger Meter Inc | 6,837 | $1.2M | 0.06% | |
| 63 | LLYEli Lilly & Co | 966 | $1.0M | 0.05% | |
| 64 | METAMETA PLATFORMS INC. | 1,427 | $941K | 0.05% | |
| 65 | AAPLApple Inc | 3,399 | $924K | 0.05% | |
| 66 | AROCArchrock Inc | 34,760 | $904K | 0.05% | |
| 67 | AMZNAmazon.com Inc | 3,798 | $876K | 0.05% | |
| 68 | IONQIonQ Inc | 18,420 | $826K | 0.04% | |
| 69 | SLViShares Silver Trust | 11,846 | $763K | 0.04% | |
| 70 | CEGCONSTELLATION ENERGY | 2,017 | $712K | 0.04% | |
| 71 | COLOGlobal X MSCI Colomb ia ETF | 17,376 | $619K | 0.03% | |
| 72 | RGTIRigetti Computing In c | 26,787 | $593K | 0.03% | |
| 73 | GOOYYieldMax GOOGL Optio n Income Strategy ET | 37,788 | $551K | 0.03% | |
| 74 | NVONovo Nordisk A/S | 10,049 | $511K | 0.03% | |
| 75 | APLYYieldMax AAPL Option Income Strategy ETF | 33,688 | $449K | 0.02% | |
| 76 | BSXBoston Scientific Co rp | 4,528 | $431K | 0.02% | |
| 77 | MSFOYieldMax MSFT Option Income Strategy ETF | 25,875 | $399K | 0.02% | |
| 78 | NVDYYieldMax NVDA Option Income Strategy ETF | 26,918 | $393K | 0.02% | |
| 79 | AMZYYieldmax Amzn Option Income ETF | 28,735 | $381K | 0.02% | |
| 80 | BUYieldmax Meta Option Income Strategy ETF | 27,247 | $343K | 0.02% | |
| 81 | NRANRG Energy Inc | 1,767 | $281K | 0.01% |