Polar Asset Management Partners Inc.
CIK: 0001326389Latest portfolio: $7.9B · Q4 2025
Holdings
644
Total Value
$7.9B
New Positions
171
Closed Positions
199
Top Holdings
View All 644 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TR | 1,795,000 | $1.2B | 15.52% | -442,200 | Put |
| 2 | NVDANVIDIA CORPORATION | 1,756,228 | $326.0M | 4.14% | +824K | Put |
| 3 | AMZNAMAZON COM INC | 1,299,300 | $299.0M | 3.79% | NEW | Put |
| 4 | IDCC 3.5 06/01/27INTERDIGITAL INC | 61,775,000 | $255.0M | 3.24% | +275K | |
| 5 | NDQINVESCO QQQ TR | 357,900 | $219.0M | 2.78% | -2,052,100 | Put |
| 6 | LYV 3.125 01/15/29LIVE NATION ENTERTAINMENT IN | 140,000,000 | $203.0M | 2.58% | — | |
| 7 | PHYS/USPROTT ASSET MANAGEMENT LP | 6,058,832 | $200.0M | 2.54% | -3,493,570 | |
| 8 | PLTRPALANTIR TECHNOLOGIES INC | 1,120,000 | $198.0M | 2.51% | NEW | Put |
| 9 | TSLATESLA INC | 420,000 | $186.0M | 2.36% | +215K | Put |
| 10 | GOOGALPHABET INC | 580,000 | $181.0M | 2.30% | NEW | Put |
| 11 | GVA 3.75 05/15/28GRANITE CONSTR INC | 55,000,000 | $139.0M | 1.76% | — | |
| 12 | EVRG 4.5 12/15/27EVERGY INC | 100,000,000 | $121.0M | 1.54% | +65.0M | |
| 13 | ADBEADOBE INC | 300,000 | $104.0M | 1.32% | +160K | Put |
| 14 | COPCONOCOPHILLIPS | 1,100,000 | $102.0M | 1.29% | NEW | Put |
| 15 | AMDADVANCED MICRO DEVICES INC | 467,284 | $99.0M | 1.26% | NEW | Put |
| 16 | DAYDAYFORCE INC | 1,422,818 | $98.0M | 1.24% | NEW | Put |
| 17 | CYBRCYBERARK SOFTWARE LTD | 187,366 | $83.0M | 1.05% | +61K | |
| 18 | PSLV/USPROTT ASSET MANAGEMENT LP | 3,437,232 | $81.0M | 1.03% | — | |
| 19 | AAPLAPPLE INC | 300,000 | $80.0M | 1.01% | -161,626 | Put |
| 20 | MRSHMARSH & MCLENNAN COS INC | 400,000 | $74.0M | 0.94% | NEW | Put |
| 21 | ITRI 1.375 07/15/30ITRON INC | 70,000,000 | $70.0M | 0.89% | -13,500,000 | |
| 22 | IWMISHARES TR | 290,000 | $70.0M | 0.89% | +215K | Put |
| 23 | CMACOMERICA INC | 787,000 | $68.0M | 0.86% | NEW | |
| 24 | IBITISHARES BITCOIN TRUST ETF | 1,310,720 | $63.0M | 0.80% | NEW | Put |
| 25 | BRK/BBERKSHIRE HATHAWAY INC DEL | 120,000 | $60.0M | 0.76% | NEW | Put |
Quarterly Changes
New Positions
Closed Positions
- HDCLOSED$133.7B
- VRNACLOSED$103.5B
- AVGOCLOSED$99.3B
- ANETCLOSED$87.7B
- STX 3.5 06/01/28CLOSED$72.0B
- ORCLCLOSED$70.3B
- ITGR 2.125 02/15/28CLOSED$61.1B
- WNS HLDGS LTDCLOSED$55.8B
- MCOCLOSED$54.2B
- METACLOSED$51.9B
Increased Positions
| Name | Shares | Change |
|---|---|---|
| PPL 2.875 03/15/28 | 50.0M | +15.0M |
| CADE | 984K | +975K |
| SYU1 | 835K | +770K |
| SAFX | 2.1M | +720K |
| M3BRIGADE ACQUISITION V CORP | 1.8M | +557K |
| VLY | 967K | +519K |
| CORZW | 2.6M | +392K |
| BANC | 420K | +295K |
| IDCC 3.5 06/01/27 | 61.8M | +275K |
| TSLA | 420K | +215K |
Decreased Positions
| Name | Shares | Change |
|---|---|---|
| DBX 0 03/01/28 | 10.0M | -20000000 |
| LRN 1.125 09/01/27 | 10.0M | -15000000 |
| ITRI 1.375 07/15/30 | 70.0M | -13500000 |
| BL 1 06/01/29 | 20.0M | -10000000 |
| PHYS/U | 6.1M | -3493570 |
| ZONE | 3.0M | -3000000 |
| OMER | 269K | -2603886 |
| BOX 1.5 09/15/29 | 17.5M | -2500000 |
| ETH | 1.0M | -530000 |
| SPY | 1.8M | -442200 |
Sector Breakdown
Financial ServicesNaN% ($InfinityT)
TechnologyNaN% ($InfinityT)
UnknownNaN% ($InfinityT)
Consumer Cyclical0.0% ($2.990001860009001e+135T)
Industrials0.0% ($3.200021000120001e+106T)
Communication Services0.0% ($1.810005800019e+67T)
Healthcare0.0% ($5.300038000360003e+59T)
Basic Materials0.0% ($1.1000600030003e+29T)
Energy0.0% ($1.02000700060006e+28T)
Consumer Defensive0.0% ($900020002000100.0T)
Real Estate0.0% ($800070006000.5T)
Utilities0.0% ($7.0T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 17, 2026 | $7.9B | 676 |
| Q3 2025 | Nov 14, 2025 | $8.9T | 692 |
| Q2 2025 | Aug 14, 2025 | $6.4T | 602 |
| Q1 2025 | May 15, 2025 | $4.3T | 531 |
| Q4 2024 | Feb 14, 2025 | $6.8T | 668 |
| Q3 2024 | Nov 14, 2024 | $4723.1T | 719 |
| Q2 2024 | Aug 14, 2024 | $4810.6T | 714 |
| Q1 2024 | May 15, 2024 | $5858.4T | 768 |
| Q4 2023 | Feb 14, 2024 | $5763.7T | 788 |
| Q3 2023 | Nov 14, 2023 | $4500.7T | 864 |
| Q2 2023 | Aug 14, 2023 | $5566.2T | 955 |
| Q1 2023 | May 15, 2023 | $6575.4T | 1,044 |
| Q4 2022 | Feb 14, 2023 | $8153.6T | 1,233 |
| Q3 2022 | Nov 14, 2022 | $8.3T | 1,391 |
| Q2 2022 | Aug 15, 2022 | $8.6T | 1,360 |
| Q1 2022 | May 16, 2022 | $9.3T | 1,196 |
| Q4 2021 | Feb 14, 2022 | $9.4T | 1,293 |
| Q3 2021 | Nov 15, 2021 | $10.1T | 1,213 |
| Q2 2021 | Aug 16, 2021 | $9.8T | 1,120 |
| Q1 2021 | May 17, 2021 | $10.1T | 904 |
| Q4 2020 | Feb 16, 2021 | $9.2T | 755 |
| Q3 2020 | Nov 16, 2020 | $7.3T | 579 |
| Q2 2020 | Aug 14, 2020 | $6.0T | 489 |
| Q1 2020 | May 15, 2020 | $5.0T | 419 |
| Q4 2019 | Feb 14, 2020 | $5.2T | 418 |
| Q3 2019 | Nov 14, 2019 | $5.6T | 414 |
| Q2 2019 | Aug 14, 2019 | $5.4T | 377 |
| Q1 2019 | May 15, 2019 | $4.6T | 346 |
| Q4 2018 | Feb 14, 2019 | $5.1T | 346 |
| Q3 2018 | Nov 14, 2018 | $5.2T | 348 |
| Q2 2018 | Aug 14, 2018 | $5.7T | 374 |
| Q1 2018 | May 15, 2018 | $5.9T | 329 |
| Q4 2017 | Feb 14, 2018 | $6.3T | 359 |
| Q3 2017 | Nov 14, 2017 | $5.0T | 313 |
| Q2 2017 | Aug 14, 2017 | $4.2T | 280 |
| Q1 2017 | May 15, 2017 | $3.9T | 261 |
| Q4 2016 | Feb 14, 2017 | $3.6T | 269 |
| Q3 2016 | Nov 14, 2016 | $3.2T | 273 |
| Q2 2016 | Aug 15, 2016 | $2.5T | 273 |
| Q1 2016 | May 16, 2016 | $2.4T | 245 |
Fund Information
Polar Asset Management Partners Inc. is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $7.9B across 644 holdings. The largest position is SPDR S&P 500 ETF TR (SPY), representing 15.5% of the portfolio. Compared to the previous quarter, the fund opened 259 new positions and closed 268 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.