MASTERS CAPITAL MANAGEMENT LLC Q3 2025 Filing
Filed November 14, 2025
Portfolio Value
$2.8T
Holdings
64
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (64 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TR | 1,000,000 | $666.2B | 24.14% | Put |
| 2 | IBMINTERNATIONAL BUSINESS MACHS | 500,000 | $141.1B | 5.11% | Call |
| 3 | DALDELTA AIR LINES INC DEL | 2,000,000 | $113.5B | 4.11% | Call |
| 4 | EMNEASTMAN CHEM CO | 1,800,000 | $113.5B | 4.11% | Put |
| 5 | GILDGILEAD SCIENCES INC | 1,000,000 | $111.0B | 4.02% | Call |
| 6 | UPSUNITED PARCEL SERVICE INC | 1,300,000 | $108.6B | 3.93% | Call |
| 7 | TRVCCITIGROUP INC | 1,000,000 | $101.5B | 3.68% | Call |
| 8 | GLWCORNING INC | 1,000,100 | $82.0B | 2.97% | Call |
| 9 | FLRFLUOR CORP NEW | 1,700,000 | $71.5B | 2.59% | Call |
| 10 | SLBSCHLUMBERGER LTD | 2,000,000 | $68.7B | 2.49% | Call |
| 11 | INTCINTEL CORP | 2,000,000 | $67.1B | 2.43% | Call |
| 12 | AAALCOA CORP | 2,000,000 | $65.8B | 2.38% | Call |
| 13 | GMGENERAL MTRS CO | 1,000,000 | $61.0B | 2.21% | Call |
| 14 | ADMARCHER DANIELS MIDLAND CO | 1,000,000 | $59.7B | 2.16% | Call |
| 15 | BMYBRISTOL-MYERS SQUIBB CO | 1,200,000 | $54.1B | 1.96% | Call |
| 16 | XBISPDR SERIES TRUST | 500,000 | $50.1B | 1.82% | Call |
| 17 | BWABORGWARNER INC | 1,000,000 | $44.0B | 1.59% | Call |
| 18 | NUENUCOR CORP | 300,000 | $40.6B | 1.47% | Call |
| 19 | NOVNOV INC | 3,000,000 | $39.8B | 1.44% | Call |
| 20 | FCXFREEPORT-MCMORAN INC | 1,000,000 | $39.2B | 1.42% | Call |
| 21 | MHKMOHAWK INDS INC | 300,000 | $38.7B | 1.40% | Call |
| 22 | DOWDOW INC | 1,500,000 | $34.4B | 1.25% | Call |
| 23 | XOMEXXON MOBIL CORP | 300,000 | $33.8B | 1.23% | Call |
| 24 | VFCV F CORP | 2,000,000 | $28.9B | 1.05% | Call |
| 25 | VYXNCR VOYIX CORPORATION | 2,100,000 | $26.4B | 0.95% | |
| 26 | OLNOLIN CORP | 1,050,000 | $26.2B | 0.95% | Call |
| 27 | PFEPFIZER INC | 1,000,000 | $25.5B | 0.92% | Call |
| 28 | HALHALLIBURTON CO | 1,000,000 | $24.6B | 0.89% | Call |
| 29 | ASTSAST SPACEMOBILE INC | 500,000 | $24.5B | 0.89% | |
| 30 | CLFCLEVELAND-CLIFFS INC NEW | 2,000,000 | $24.4B | 0.88% | |
| 31 | FFORD MTR CO | 2,000,000 | $23.9B | 0.87% | Call |
| 32 | PONYPONY AI INC | 1,000,000 | $22.5B | 0.81% | |
| 33 | REALTHE REALREAL INC | 2,000,000 | $21.3B | 0.77% | Call |
| 34 | BCSBARCLAYS PLC | 1,000,000 | $20.7B | 0.75% | |
| 35 | ENVXENOVIX CORPORATION | 2,000,000 | $19.9B | 0.72% | |
| 36 | NXENEXGEN ENERGY LTD | 2,000,000 | $17.9B | 0.65% | |
| 37 | BABAALIBABA GROUP HLDG LTD | 100,000 | $17.9B | 0.65% | Call |
| 38 | RUNSUNRUN INC | 1,000,000 | $17.3B | 0.63% | Call |
| 39 | BWAYBRAINSWAY LTD | 1,000,000 | $15.1B | 0.55% | |
| 40 | FTKFLOTEK INDS INC DEL | 1,000,000 | $14.6B | 0.53% | |
| 41 | LIONLIONSGATE STUDIOS CORP | 2,000,000 | $13.8B | 0.50% | |
| 42 | TLSTELOS CORP MD | 2,000,000 | $13.7B | 0.50% | |
| 43 | PBRPETROLEO BRASILEIRO SA PETRO | 1,000,000 | $12.7B | 0.46% | |
| 44 | EVEXEVE HLDG INC | 3,050,000 | $11.6B | 0.42% | |
| 45 | DNLIDENALI THERAPEUTICS INC | 750,000 | $10.9B | 0.39% | |
| 46 | VALEVALE S A | 1,000,000 | $10.9B | 0.39% | |
| 47 | CRCCALIFORNIA RES CORP | 200,000 | $10.6B | 0.39% | |
| 48 | ACHRARCHER AVIATION INC | 999,700 | $9.6B | 0.35% | |
| 49 | AOMRANGEL OAK MORTGAGE REIT INC | 1,000,000 | $9.4B | 0.34% | |
| 50 | RIGTRANSOCEAN LTD | 3,000,000 | $9.4B | 0.34% | Call |
| 51 | GSMFERROGLOBE PLC | 2,000,000 | $9.1B | 0.33% | |
| 52 | G3VGREEN PLAINS INC | 1,000,000 | $8.8B | 0.32% | |
| 53 | BORRBORR DRILLING LTD | 3,000,000 | $8.1B | 0.29% | |
| 54 | DCHAMERICAN AXLE & MFG HLDGS IN | 1,200,000 | $7.2B | 0.26% | |
| 55 | HTZHERTZ GLOBAL HLDGS INC | 1,000,000 | $6.8B | 0.25% | Call |
| 56 | DQDAQO NEW ENERGY CORP | 200,000 | $5.6B | 0.20% | |
| 57 | EVTLVERTICAL AEROSPACE LTD | 1,000,000 | $5.2B | 0.19% | Call |
| 58 | CECELANESE CORP DEL | 100,000 | $4.2B | 0.15% | |
| 59 | LUCDLUCID DIAGNOSTICS INC | 3,999,273 | $4.0B | 0.15% | |
| 60 | STIMNEURONETICS INC | 1,000,000 | $2.7B | 0.10% | |
| 61 | PLUNPLUG POWER INC | 1,000,000 | $2.3B | 0.08% | |
| 62 | NFENEW FORTRESS ENERGY INC | 1,000,000 | $2.2B | 0.08% | |
| 63 | SENS1GBPSENSEONICS HLDGS INC | 5,000,000 | $2.2B | 0.08% | |
| 64 | UPWHEELS UP EXPERIENCE INC | 1,000,000 | $1.8B | 0.07% |