CANTOR FITZGERALD L P's Q1 2025 13F: 123 new positions, 75 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 15, 2025 · 291 reported positions · accession 0000929638-25-001913
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | MICROSTRATEGY INC (MSTR) | 39.6% | 50.2% | +10.6 pts | +1.07M sh | +30% |
| Exited | TESLA INC (TSLA) | 11.4% | — | −11.4 pts | −740K sh | −100% |
| Increased | NVIDIA CORPORATION (NVDA) | 18.3% | 16.1% | −2.2 pts | +409K sh | +11% |
| Reduced | BAIDU INC (BIDU) | 1.3% | 0.5% | −0.8 pts | −254K sh | −63% |
| Increased | SELECT SECTOR SPDR TR (XLK) | 0.0% | 0.6% | +0.6 pts | +80,307 sh | +4514% |
| Increased | INVESCO QQQ TR (QQQ) | 0.1% | 0.7% | +0.6 pts | +35,209 sh | +999% |
| Reduced | ADVANCED MICRO DEVICES INC (AMD) | 5.5% | 4.1% | −1.5 pts | −145K sh | −12% |
| Increased | SELECT SECTOR SPDR TR (XLV) | 0.8% | 1.4% | +0.6 pts | +100K sh | +63% |
| Increased | AMAZON COM INC (AMZN) | 0.3% | 0.8% | +0.4 pts | +69,090 sh | +174% |
| Increased | SELECT SECTOR SPDR TR (XLE) | 0.8% | 1.4% | +0.5 pts | +140K sh | +56% |
| Increased | MICROSOFT CORP (MSFT) | 0.6% | 1.0% | +0.4 pts | +32,988 sh | +82% |
| Increased | BROADCOM INC (AVGO) | 0.1% | 0.6% | +0.4 pts | +73,075 sh | +449% |
| Increased | APPLE INC (AAPL) | 0.2% | 0.7% | +0.4 pts | +53,535 sh | +206% |
| New | ROBLOX CORP (RBLX) | — | 0.4% | +0.4 pts | +176K sh | new |
| Increased | ISHARES BITCOIN TRUST ETF (IBIT) | 3.3% | 3.2% | −0.1 pts | +201K sh | +12% |
| Increased | COINBASE GLOBAL INC (COIN) | 0.0% | 0.3% | +0.3 pts | +49,953 sh | +1253% |
| Increased | ELI LILLY & CO (LLY) | 0.1% | 0.4% | +0.2 pts | +7,340 sh | +161% |
| New | RIOT PLATFORMS INC (RIOT) | — | 0.2% | +0.2 pts | +770K sh | new |
| New | VANGUARD BD INDEX FDS (BND) | — | 0.2% | +0.2 pts | +77,366 sh | new |
| New | SOFI TECHNOLOGIES INC (SOFI) | — | 0.2% | +0.2 pts | +452K sh | new |
| Exited | ALIBABA GROUP HLDG LTD (BABA) | 0.2% | — | −0.2 pts | −59,119 sh | −100% |
| Increased | PROSHARES TR (TQQQ) | 0.3% | 0.4% | +0.1 pts | +87,078 sh | +82% |
| New | TRIPADVISOR INC (TRIP) | — | 0.2% | +0.2 pts | +284K sh | new |
| Increased | ALPHABET INC (GOOGL) | 0.1% | 0.2% | +0.1 pts | +24,953 sh | +181% |
| New | ROBINHOOD MKTS INC (HOOD) | — | 0.1% | +0.1 pts | +89,403 sh | new |
| New | APPLOVIN CORP (APP) | — | 0.1% | +0.1 pts | +13,092 sh | new |
| New | TECK RESOURCES LTD (TECK) | — | 0.1% | +0.1 pts | +94,702 sh | new |
| Increased | ORACLE CORP (ORCL) | 0.0% | 0.1% | +0.1 pts | +24,311 sh | +607% |
| Exited | GRINDR INC (GRND) | 0.1% | — | −0.1 pts | −185K sh | −100% |
| New | SHELL PLC (SHEL) | — | 0.1% | +0.1 pts | +45,224 sh | new |
| New | ARM HOLDINGS PLC (ARM) | — | 0.1% | +0.1 pts | +29,561 sh | new |
| New | IMMUNOCORE HLDGS PLC (IMCR) | — | 0.1% | +0.1 pts | +100K sh | new |
| Reduced | UROGEN PHARMA LTD (URGN) | 0.1% | 0.0% | −0.1 pts | −265K sh | −74% |
| New | GLOBAL SHIP LEASE INC (GSL) | — | 0.1% | +0.1 pts | +128K sh | new |
| Exited | MARA HOLDINGS INC (MARA) | 0.1% | — | −0.1 pts | −170K sh | −100% |
| New | NEBIUS GROUP N.V. (NBIS) | — | 0.1% | +0.1 pts | +138K sh | new |
| Reduced | NETFLIX INC (NFLX) | 0.3% | 0.2% | −0.1 pts | −3,012 sh | −37% |
| Exited | HASHICORP INC (HCP) | 0.1% | — | −0.1 pts | −74,600 sh | −100% |
| Exited | JD.COM INC (JD) | 0.1% | — | −0.1 pts | −72,745 sh | −100% |
| New | FLUTTER ENTMT PLC (FLUT) | — | 0.1% | +0.1 pts | +11,409 sh | new |
| New | SANOFI (SNY) | — | 0.1% | +0.1 pts | +45,000 sh | new |
| New | AZEK CO INC (AZEK) | — | 0.1% | +0.1 pts | +50,074 sh | new |
| Increased | UBER TECHNOLOGIES INC (UBER) | 0.1% | 0.2% | +0.1 pts | +33,185 sh | +114% |
| Exited | CARNIVAL CORP (CCL) | 0.1% | — | −0.1 pts | −92,937 sh | −100% |
| Increased | VALE S A (VALE) | 0.0% | 0.1% | +0.1 pts | +236K sh | +222% |
| Increased | SUPER MICRO COMPUTER INC (SMCI) | 0.9% | 1.1% | +0.2 pts | +65,350 sh | +8% |
| New | TERAWULF INC (WULF) | — | 0.1% | +0.1 pts | +816K sh | new |
| New | FIFTH ERA ACQUISITION CORP I (FERAU) | — | 0.1% | +0.1 pts | +220K sh | new |
| New | NEXXEN INTL LTD (NEXN) | — | 0.1% | +0.1 pts | +264K sh | new |
| Increased | MODERNA INC (MRNA) | 0.0% | 0.1% | +0.1 pts | +77,175 sh | +455% |
The 50 largest of 290 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 84.4% of the equity book
Changes in the top 10 this quarter: XLV entered · XLE entered · TSLA left · BIDU left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | MICROSTRATEGY INC (MSTR) | 39.6% | 50.2% | |
| 2 | NVIDIA CORPORATION (NVDA) | 18.3% | 16.1% | |
| 3 | ADVANCED MICRO DEVICES INC (AMD) | 5.5% | 4.1% | |
| 4 | ISHARES BITCOIN TRUST ETF (IBIT) | 3.3% | 3.2% | |
| 5 | GCM GROSVENOR INC (GCMG) | 3.0% | 3.2% | |
| 6 | RUMBLE INC (RUM) | 4.6% | 2.1% | |
| 7 | SATELLOGIC INC (SATL) | 1.3% | 1.5% | |
| 8 | SELECT SECTOR SPDR TR (XLV) | 0.8% | 1.4% | Entered the top 10 |
| 9 | SELECT SECTOR SPDR TR (XLE) | 0.8% | 1.4% | Entered the top 10 |
| 10 | SUPER MICRO COMPUTER INC (SMCI) | 0.9% | 1.1% | |
| — | TESLA INC (TSLA) | 11.4% | 0.0% | Left the top 10 |
| — | BAIDU INC (BIDU) | 1.3% | 0.5% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | MICROSTRATEGY INC (MSTR) | Put | 0 | 2.75M | $793M |
| Exited | NVIDIA CORPORATION (NVDA) | Put | 5.75M | 0 | $0 |
| Exited | TESLA INC (TSLA) | Put | 1.34M | 0 | $0 |
| Exited | MICROSTRATEGY INC (STRC) | Put | 1.76M | 0 | $0 |
| New | TESLA INC (TSLA) | Call | 0 | 1.69M | $438M |
| New | NVIDIA CORPORATION (NVDA) | Put | 0 | 3.97M | $430M |
| Exited | SPDR S&P 500 ETF TR (SPY) | Put | 300K | 0 | $0 |
| New | ADVANCED MICRO DEVICES INC (AMD) | Put | 0 | 1.18M | $122M |
| New | TESLA INC (TSLA) | Put | 0 | 450K | $117M |
| Exited | ISHARES TR (RTL) | Put | 1.38M | 0 | $0 |
| New | SPDR S&P 500 ETF TR (SPY) | Put | 0 | 158K | $88.3M |
| Exited | NVIDIA CORPORATION (NVDA) | Call | 457K | 0 | $0 |
| Exited | MICROSTRATEGY INC (STRC) | Call | 115K | 0 | $0 |
| Exited | ISHARES TR (NYC) | Call | 150K | 0 | $0 |
| New | META PLATFORMS INC (META) | Call | 0 | 46,500 | $26.8M |
| New | NVIDIA CORPORATION (NVDA) | Call | 0 | 236K | $25.5M |
| Exited | ALIBABA GROUP HLDG LTD (BBAAY) | Call | 300K | 0 | $0 |
| New | SUPER MICRO COMPUTER INC (SMCI) | Put | 0 | 700K | $24M |
| Exited | ADOBE INC (ADBE) | Put | 50,000 | 0 | $0 |
| Exited | ADOBE INC (ADBE) | Call | 50,000 | 0 | $0 |
| Exited | SUPER MICRO COMPUTER INC (SMCI) | Put | 630K | 0 | $0 |
| New | THE TRADE DESK INC (TTD) | Call | 0 | 275K | $15M |
| New | MICROSTRATEGY INC (MSTR) | Call | 0 | 51,500 | $14.8M |
| Exited | RIOT PLATFORMS INC (RIOT) | Call | 1.45M | 0 | $0 |
| Exited | BROADCOM INC (AVGO) | Put | 60,000 | 0 | $0 |