STEVENS CAPITAL MANAGEMENT LP's Q3 2025 13F: 121 new positions, 106 exits
Form 13F-HR for the quarter ended Sep 30, 2025 · filed Nov 10, 2025 · 248 reported positions · accession 0001134813-25-000009
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | NVIDIA CORPORATION (NVDA) | — | 7.5% | +7.5 pts | +303K sh | new |
| New | PALANTIR TECHNOLOGIES INC (PLTR) | — | 3.7% | +3.7 pts | +154K sh | new |
| Reduced | STRATEGY INC (MSTR) | 9.8% | 0.6% | −9.2 pts | −75,704 sh | −85% |
| Increased | ROBINHOOD MKTS INC (HOOD) | 3.2% | 5.5% | +2.3 pts | +162K sh | +129% |
| Increased | ISHARES TR (HYG) | 0.5% | 3.1% | +2.6 pts | +266K sh | +1221% |
| New | ELI LILLY & CO (LLY) | — | 2.6% | +2.6 pts | +25,907 sh | new |
| New | ALPHABET INC (GOOGL) | — | 2.6% | +2.6 pts | +81,261 sh | new |
| Increased | COINBASE GLOBAL INC (COIN) | 2.0% | 3.4% | +1.4 pts | +54,775 sh | +255% |
| Increased | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 1.0% | 3.0% | +2.0 pts | +63,812 sh | +390% |
| New | VANECK ETF TRUST (SMH) | — | 2.3% | +2.3 pts | +52,732 sh | new |
| Increased | TESLA INC (TSLA) | 0.2% | 2.3% | +2.0 pts | +35,666 sh | +1289% |
| New | ASML HOLDING N V (ASML) | — | 2.0% | +2.0 pts | +15,314 sh | new |
| New | BROADCOM INC (AVGO) | — | 1.8% | +1.8 pts | +41,768 sh | new |
| Increased | ALPHABET INC (GOOG) | 0.6% | 2.1% | +1.5 pts | +52,310 sh | +401% |
| Increased | ISHARES BITCOIN TRUST ETF (IBIT) | 0.3% | 1.8% | +1.5 pts | +193K sh | +1047% |
| Increased | SUPER MICRO COMPUTER INC (SMCI) | 0.7% | 1.9% | +1.3 pts | +256K sh | +507% |
| Increased | MICROSOFT CORP (MSFT) | 1.0% | 2.0% | +1.0 pts | +21,906 sh | +289% |
| Exited | LOCKHEED MARTIN CORP (LMT) | 1.4% | — | −1.4 pts | −11,376 sh | −100% |
| Exited | EXXON MOBIL CORP (XOM) | 1.3% | — | −1.3 pts | −44,363 sh | −100% |
| Reduced | MICRON TECHNOLOGY INC (MU) | 3.4% | 1.1% | −2.3 pts | −51,318 sh | −51% |
| Increased | SPDR S&P 500 ETF TR (SPY) | 0.1% | 1.2% | +1.1 pts | +12,791 sh | +2757% |
| Increased | CROWDSTRIKE HLDGS INC (CRWD) | 0.9% | 1.3% | +0.4 pts | +13,625 sh | +210% |
| New | META PLATFORMS INC (META) | — | 0.9% | +0.9 pts | +8,920 sh | new |
| New | CIRCLE INTERNET GROUP INC (CRCL) | — | 0.9% | +0.9 pts | +48,659 sh | new |
| Exited | WALMART INC (WMT) | 0.9% | — | −0.9 pts | −32,046 sh | −100% |
| New | VERIZON COMMUNICATIONS INC (VZ) | — | 0.8% | +0.8 pts | +144K sh | new |
| Exited | TJX COS INC NEW (TJX) | 0.8% | — | −0.8 pts | −24,580 sh | −100% |
| Exited | VISA INC (V) | 0.8% | — | −0.8 pts | −8,344 sh | −100% |
| Increased | ISHARES TR (EMB) | 0.9% | 1.2% | +0.3 pts | +57,430 sh | +167% |
| New | GILEAD SCIENCES INC (GILD) | — | 0.7% | +0.7 pts | +46,038 sh | new |
| New | PFIZER INC (PFE) | — | 0.7% | +0.7 pts | +194K sh | new |
| Increased | NETFLIX INC (NFLX) | 0.6% | 0.9% | +0.3 pts | +4,048 sh | +240% |
| New | MARVELL TECHNOLOGY INC (MRVL) | — | 0.6% | +0.6 pts | +56,789 sh | new |
| Increased | MARA HOLDINGS INC (MARA) | 0.2% | 0.8% | +0.5 pts | +261K sh | +447% |
| Exited | CHEVRON CORP NEW (CVX) | 0.6% | — | −0.6 pts | −15,208 sh | −100% |
| Exited | INTUIT (INTU) | 0.6% | — | −0.6 pts | −2,617 sh | −100% |
| Reduced | WELLS FARGO CO NEW (WFC) | 1.4% | 0.1% | −1.2 pts | −49,363 sh | −79% |
| Reduced | APPLE INC (AAPL) | 4.7% | 2.3% | −2.4 pts | −15,860 sh | −19% |
| Increased | CAPITAL ONE FINL CORP (COF) | 0.3% | 0.7% | +0.4 pts | +18,928 sh | +368% |
| Reduced | MASTERCARD INCORPORATED (MA) | 1.5% | 0.2% | −1.3 pts | −7,069 sh | −72% |
| Exited | SALESFORCE INC (CRM) | 0.5% | — | −0.5 pts | −7,128 sh | −100% |
| New | S&P GLOBAL INC (SPGI) | — | 0.5% | +0.5 pts | +8,052 sh | new |
| New | GRANITESHARES ETF TR (NVDL) | — | 0.5% | +0.5 pts | +41,606 sh | new |
| New | SELECT SECTOR SPDR TR (XLF) | — | 0.5% | +0.5 pts | +71,476 sh | new |
| Increased | SERVICENOW INC (NOW) | 0.3% | 0.6% | +0.4 pts | +4,091 sh | +443% |
| Exited | ACCENTURE PLC IRELAND (ACN) | 0.5% | — | −0.5 pts | −6,115 sh | −100% |
| New | PEPSICO INC (PEP) | — | 0.5% | +0.5 pts | +26,109 sh | new |
| Reduced | VANECK ETF TRUST (GDX) | 1.3% | 0.4% | −0.8 pts | −47,100 sh | −52% |
| Increased | BOSTON SCIENTIFIC CORP (BSX) | 1.0% | 0.9% | −0.1 pts | +36,784 sh | +104% |
| Reduced | ALTRIA GROUP INC (MO) | 1.0% | 0.1% | −0.9 pts | −53,658 sh | −86% |
The 50 largest of 353 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 — 36.4% of the equity book
Changes in the top 10 this quarter: NVDA entered · PLTR entered · HYG entered · TSM entered · LLY entered · GOOGL entered · MSTR left · MU left · AMT left · AMD left · XLE left · PGR left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | NVIDIA CORPORATION (NVDA) | 0.0% | 7.5% | Entered the top 10 |
| 2 | ROBINHOOD MKTS INC (HOOD) | 3.2% | 5.5% | |
| 3 | PALANTIR TECHNOLOGIES INC (PLTR) | 0.0% | 3.7% | Entered the top 10 |
| 4 | COINBASE GLOBAL INC (COIN) | 2.0% | 3.4% | |
| 5 | ISHARES TR (HYG) | 0.5% | 3.1% | Entered the top 10 |
| 6 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 1.0% | 3.0% | Entered the top 10 |
| 7 | CME GROUP INC (CME) | 5.6% | 2.7% | |
| 8 | ELI LILLY & CO (LLY) | 0.0% | 2.6% | Entered the top 10 |
| 9 | ALPHABET INC (GOOGL) | 0.0% | 2.6% | Entered the top 10 |
| 10 | APPLE INC (AAPL) | 4.7% | 2.3% | |
| — | STRATEGY INC (MSTR) | 9.8% | 0.6% | Left the top 10 |
| — | MICRON TECHNOLOGY INC (MU) | 3.4% | 1.1% | Left the top 10 |
| — | AMERICAN TOWER CORP NEW (AMT) | 2.1% | 0.6% | Left the top 10 |
| — | ADVANCED MICRO DEVICES INC (AMD) | 2.0% | 1.2% | Left the top 10 |
| — | SELECT SECTOR SPDR TR (XLE) | 1.9% | 0.5% | Left the top 10 |
| — | PROGRESSIVE CORP (PGR) | 1.9% | 0.7% | 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).