LMR PARTNERS LLP
Q4 2025 Form 13-F

LONDON
CIK 0001578621 · CRD 159639 · Exempt reporting adviser
Consolidated report · includes 5 managers since Q2 2018
$53.1B Reported Value Total
Exempt Reporting Adviser
Source: Form ADV filed 2026-10-19
Reported value
$53.1B
Quarter over quarter
+1.2%
Holdings
907
Top-10 concentration
67.3%

Reports holdings for

  • LMR Partners LLC (not a 13F filer in our records) · File #028-24431 · since Q2 2018
  • LMR PARTNERS Ltd (not a 13F filer in our records) · File #028-24430 · since Q3 2024
  • LMR PARTNERS (DIFC) Ltd (not a 13F filer in our records) · File #028-24429 · since Q3 2024
  • LMR PARTNERS AG (not a 13F filer in our records) · File #028-24428 · since Q3 2024
  • Wabon Partners, L.P. (not a 13F filer in our records) · File #028-25730 · since Q2 2025 · declared by one filing
  • WABON PARTNERS LP (not a 13F filer in our records) · Q1 2025 – Q1 2025 · declared by one filing
  • LMR Partners AG (not a 13F filer in our records) · Q3 2021 – Q2 2024 · declared by one filing
  • LMR Partners (DIFC) Limited (not a 13F filer in our records) · Q4 2022 – Q2 2024 · declared by one filing
  • LMR Partners Limited (not a 13F filer in our records) · Q1 2021 – Q2 2024 · declared by one filing
  • LMR Partners LLC (not a 13F filer in our records) · Q2 2019 – Q2 2024 · declared by one filing
  • Paloma Partners Management Co · Q1 2014 – Q4 2017 · declared by one filing

Key People

Named on the latest Form 13-F filing — not necessarily an owner
Tanya Ohadi-Smith
Chief Compliance Officer
Q3 2025
Q1 2026
Go to latest
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Q4 2025 13F filing summary

Period of report December 31, 2025
Filed February 17, 2026
Form 13F-HR
Reported value $53.1B
Positions 907
Change in reported value +134.3%
New positions 300
Exited positions 222
Position turnover 46.2%
Top-10 concentration 67.3%

13F filings by quarter

Quarter Positions Value
Q2 2026 13F
Filed Aug 14, 2026
 1,132 $26.8B
Q1 2026 13F
Filed May 15, 2026
 1,018 $45.4B
Q4 2025 13F
Filed Feb 17, 2026
 907 $53.1B
Q3 2025 13F
Filed Nov 14, 2025
 829 $22.7B
Q2 2025 13F
Filed Aug 14, 2025
 765 $14.0B
Q1 2025 13F
Filed May 15, 2025
 830 $10.7B
Q4 2024 13F
Filed Feb 14, 2025
 719 $11.9B
Q3 2024 13F
Filed Nov 7, 2024
 565 $12.6B
Q2 2024 13F
Filed Aug 14, 2024
 647 $11.8B
Q1 2024 13F
Filed May 15, 2024
 680 $9.8B
Q4 2023 13F
Filed Feb 14, 2024
 608 $8.8B
Q3 2023 13F
Filed Nov 14, 2023
 678 $8.9B
Q2 2023 13F
Filed Aug 14, 2023
 697 $9.0B
Q1 2023 13F
Filed May 15, 2023
 927 $6.5B
Q4 2022 13F
Filed Feb 14, 2023
 1,017 $5.7B
Q3 2022 13F
Filed Nov 14, 2022
 1,135 $5.4B
Q2 2022 13F
Filed Aug 15, 2022
 1,206 $6.0B
Q1 2022 13F
Filed May 16, 2022
 1,140 $8.6B
Q4 2021 13F
Filed Feb 14, 2022
 1,079 $9.8B
Q3 2021 13F
Filed Nov 15, 2021
 929 $8.9B

30 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q4 2025

# Holding Reported value % of portfolio
1 GLD C SPDR GOLD TR $31.2B 58.66%
2 EEM C ISHARES TR $1.1B 2.06%
3 IVV ISHARES TR $712.3M 1.34%
4 MSTR P STRATEGY INC $503.4M 0.95%
5 NVDA P NVIDIA CORPORATION $477.4M 0.9%
6 ECHO 3.875 11/30/30 ECHOSTAR CORP $428.1M 0.81%
7 COIN P COINBASE GLOBAL INC $395.2M 0.74%
8 GME P GAMESTOP CORP NEW $371.5M 0.7%
9 NVDA NVIDIA CORPORATION $334.2M 0.63%
10 GLD P SPDR GOLD TR $285.9M 0.54%
11 IBIT P ISHARES BITCOIN TRUST ETF $276.0M 0.52%
12 TSLA P TESLA INC $264.1M 0.5%
13 BABA 0.5 06/01/31 ALIBABA GROUP HLDG LTD $243.8M 0.46%
14 META C META PLATFORMS INC $240.0M 0.45%
15 RIVN P RIVIAN AUTOMOTIVE INC $228.6M 0.43%
16 TLT P ISHARES TR $219.8M 0.41%
17 SLV P ISHARES SILVER TR $177.2M 0.33%
18 NVDA C NVIDIA CORPORATION $174.8M 0.33%
19 AVGO BROADCOM INC $162.6M 0.31%
20 MUB ISHARES TR $160.1M 0.3%

Values as reported on the Q4 2025 Form 13F. Every position is in the holdings table below.

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