Elequin Capital, LP Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$1.3T
Holdings
394
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (394 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | NVDANVIDIA CORPORATION | 1,520,680 | $283.6B | 21.08% | Put |
| 2 | TSLATESLA INC | 626,109 | $281.6B | 20.93% | Put |
| 3 | MSFTMICROSOFT CORP | 500,007 | $241.8B | 17.98% | Put |
| 4 | AXON 0.5 12/15/27AXON ENTERPRISE INC | 27,856,000 | $70.1B | 5.21% | |
| 5 | AMZNAMAZON COM INC | 300,000 | $69.2B | 5.15% | Put |
| 6 | BSOLBITWISE SOLANA STAKING ETF | 3,935,600 | $64.5B | 4.80% | |
| 7 | AMDADVANCED MICRO DEVICES INC | 212,185 | $45.4B | 3.38% | Put |
| 8 | AVGOBROADCOM INC | 100,000 | $34.6B | 2.57% | Put |
| 9 | SPYSPDR S&P 500 ETF TR | 45,019 | $30.7B | 2.28% | |
| 10 | AAPLAPPLE INC | 100,001 | $27.2B | 2.02% | Put |
| 11 | BOX 0 01/15/26BOX INC | 22,938,000 | $26.9B | 2.00% | |
| 12 | GSOLGRAYSCALE SOLANA TR ETF | 1,750,605 | $15.9B | 1.18% | |
| 13 | EXPE 0 02/15/26EXPEDIA GROUP INC | 10,415,000 | $11.6B | 0.87% | |
| 14 | IBITISHARES BITCOIN TRUST ETF | 157,955 | $7.8B | 0.58% | Call |
| 15 | BITBBITWISE BITCOIN ETF TR | 160,000 | $7.6B | 0.57% | |
| 16 | JMSTJ P MORGAN EXCHANGE TRADED F | 140,871 | $7.2B | 0.53% | |
| 17 | FSOLFIDELITY SOLANA FD | 367,718 | $5.4B | 0.40% | |
| 18 | XOVRENTREPRENEURSHARES SERIES TR | 250,000 | $5.0B | 0.37% | |
| 19 | DFNMDIMENSIONAL ETF TRUST | 99,324 | $4.8B | 0.36% | |
| 20 | FLMIFRANKLIN TEMPLETON ETF TR | 186,702 | $4.6B | 0.35% | |
| 21 | MIGASTRATEGY INC | 29,957 | $4.6B | 0.34% | |
| 22 | COINCOINBASE GLOBAL INC | 19,386 | $4.4B | 0.33% | |
| 23 | BSMRINVESCO EXCH TRD SLF IDX FD | 155,296 | $3.7B | 0.27% | |
| 24 | PLTRPALANTIR TECHNOLOGIES INC | 19,369 | $3.4B | 0.26% | |
| 25 | HYMBSPDR SERIES TRUST | 132,744 | $3.3B | 0.25% | |
| 26 | METAMETA PLATFORMS INC | 5,000 | $3.3B | 0.25% | Put |
| 27 | MMITNEW YORK LIFE INVTS ACTIVE E | 134,234 | $3.3B | 0.24% | |
| 28 | VCRMVANGUARD MUN BD FDS | 35,296 | $2.7B | 0.20% | |
| 29 | MUNYVANGUARD NY TAX FREE FDS | 23,631 | $2.4B | 0.18% | |
| 30 | JMSIJ P MORGAN EXCHANGE TRADED F | 46,481 | $2.3B | 0.17% | |
| 31 | BSSXINVESCO EXCH TRD SLF IDX FD | 87,759 | $2.3B | 0.17% | |
| 32 | TAFMAB ACTIVE ETFS INC | 88,061 | $2.2B | 0.17% | |
| 33 | BSMZINVESCO EXCH TRD SLF IDX FD | 85,314 | $2.2B | 0.16% | |
| 34 | VSOLVANECK SOLANA TR | 130,000 | $2.1B | 0.16% | |
| 35 | VIAV 1.625 03/15/26VIAVI SOLUTIONS INC | 1,500,000 | $2.0B | 0.15% | |
| 36 | BSMTINVESCO EXCH TRD SLF IDX FD | 77,936 | $1.8B | 0.13% | |
| 37 | DFCADIMENSIONAL ETF TRUST | 34,156 | $1.7B | 0.13% | |
| 38 | BSMVINVESCO EXCH TRD SLF IDX FD | 72,685 | $1.5B | 0.11% | |
| 39 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 5,000 | $1.5B | 0.11% | Put |
| 40 | SMMUPIMCO ETF TR | 29,419 | $1.5B | 0.11% | |
| 41 | PWZINVESCO EXCH TRADED FD TR II | 60,957 | $1.5B | 0.11% | |
| 42 | CALIBLACKROCK ETF TRUST II | 29,065 | $1.5B | 0.11% | |
| 43 | BSMUINVESCO EXCH TRD SLF IDX FD | 65,980 | $1.5B | 0.11% | |
| 44 | VTEIVANGUARD MUN BD FDS | 14,062 | $1.4B | 0.11% | |
| 45 | BSMQINVESCO EXCH TRD SLF IDX FD | 55,747 | $1.3B | 0.10% | |
| 46 | IWDISHARES TR | 6,204 | $1.3B | 0.10% | |
| 47 | TLTWISHARES TR | 54,389 | $1.2B | 0.09% | |
| 48 | MINOPIMCO ETF TR | 26,579 | $1.2B | 0.09% | |
| 49 | MMINNEW YORK LIFE INVTS ACTIVE E | 49,371 | $1.2B | 0.09% | |
| 50 | IBMTISHARES TR | 45,439 | $1.2B | 0.09% | |
| 51 | HIMUBLACKROCK ETF TRUST II | 22,978 | $1.1B | 0.08% | |
| 52 | VSDMVANGUARD MUN BD FDS | 14,399 | $1.1B | 0.08% | |
| 53 | MCHP 7.5 03/15/28MICROCHIP TECHNOLOGY INC. | 18,223 | $1.1B | 0.08% | |
| 54 | SMCISUPER MICRO COMPUTER INC | 36,229 | $1.1B | 0.08% | |
| 55 | FSMBFIRST TR EXCH TRADED FD III | 51,965 | $1.0B | 0.08% | |
| 56 | SCMBSCHWAB STRATEGIC TR | 35,552 | $915.0M | 0.07% | |
| 57 | GDXVANECK ETF TRUST | 10,328 | $885.0M | 0.07% | |
| 58 | CAIECALAMOS ETF TR | 33,015 | $882.0M | 0.07% | |
| 59 | BSMWINVESCO EXCH TRD SLF IDX FD | 34,885 | $875.0M | 0.07% | |
| 60 | JMUBJ P MORGAN EXCHANGE TRADED F | 17,308 | $874.0M | 0.06% | |
| 61 | FMBFIRST TR EXCH TRADED FD III | 17,027 | $870.0M | 0.06% | |
| 62 | FTHIFIRST TR EXCHANGE TRADED FD | 34,384 | $812.0M | 0.06% | |
| 63 | MUNIPIMCO ETF TR | 15,484 | $811.0M | 0.06% | |
| 64 | NEE 7.299 06/01/27NEXTERA ENERGY INC | 15,708 | $810.0M | 0.06% | |
| 65 | BSMYINVESCO EXCH TRD SLF IDX FD | 32,887 | $808.0M | 0.06% | |
| 66 | MEARISHARES U S ETF TR | 15,782 | $794.0M | 0.06% | |
| 67 | IBMRISHARES TR | 30,406 | $773.0M | 0.06% | |
| 68 | FCVTFIRST TR EXCHANGE-TRADED FD | 17,504 | $753.0M | 0.06% | |
| 69 | PCG 6 12/01/27 APG&E CORP | 18,132 | $741.0M | 0.06% | |
| 70 | SHYMBLACKROCK ETF TRUST II | 28,492 | $633.0M | 0.05% | |
| 71 | FBTCFIDELITY WISE ORIGIN BITCOIN | 8,000 | $609.0M | 0.05% | |
| 72 | GQ9SPDR GOLD TR | 1,500 | $594.0M | 0.04% | |
| 73 | ULTYTIDAL TRUST II | 15,413 | $575.0M | 0.04% | |
| 74 | ARES 6.75 10/01/27 BARES MANAGEMENT CORPORATION | 11,432 | $574.0M | 0.04% | |
| 75 | SOSOUTHERN CO | 6,510 | $567.0M | 0.04% | |
| 76 | BNDXVANGUARD CHARLOTTE FDS | 11,439 | $552.0M | 0.04% | |
| 77 | INMUBLACKROCK ETF TRUST II | 22,316 | $536.0M | 0.04% | |
| 78 | JMHIJ P MORGAN EXCHANGE TRADED F | 10,274 | $516.0M | 0.04% | |
| 79 | IBMSISHARES TR | 19,174 | $499.0M | 0.04% | |
| 80 | NEE 7.234 11/01/27NEXTERA ENERGY INC | 10,246 | $496.0M | 0.04% | |
| 81 | BMAXETF OPPORTUNITIES TRUST | 20,670 | $476.0M | 0.04% | |
| 82 | CGMUCAPITAL GRP FIXED INCM ETF T | 16,050 | $439.0M | 0.03% | |
| 83 | KKR 6.25 03/01/28 DKKR & CO INC | 7,842 | $405.0M | 0.03% | |
| 84 | VNMVANECK ETF TRUST | 20,000 | $381.0M | 0.03% | |
| 85 | XOMEXXON MOBIL CORP | 3,000 | $361.0M | 0.03% | Call |
| 86 | CLOBVANECK ETF TRUST | 6,963 | $352.0M | 0.03% | |
| 87 | BABOEING CO | 1,610 | $349.0M | 0.03% | |
| 88 | FMHIFIRST TR EXCH TRADED FD III | 7,105 | $340.0M | 0.03% | |
| 89 | CGSMCAPITAL GRP FIXED INCM ETF T | 11,862 | $312.0M | 0.02% | |
| 90 | LITELUMENTUM HLDGS INC | 743 | $273.0M | 0.02% | |
| 91 | HPEHEWLETT PACKARD ENTERPRISE C | 9,892 | $237.0M | 0.02% | |
| 92 | VMBSVANGUARD SCOTTSDALE FDS | 4,700 | $221.0M | 0.02% | |
| 93 | ALBALBEMARLE CORP | 1,556 | $220.0M | 0.02% | |
| 94 | CLOIVANECK ETF TRUST | 4,084 | $215.0M | 0.02% | |
| 95 | ASMLASML HOLDING N V | 200 | $212.0M | 0.02% | Put |
| 96 | WDCWESTERN DIGITAL CORP | 1,216 | $209.0M | 0.02% | |
| 97 | FEMBFIRST TR EXCH TRADED FD III | 6,086 | $181.0M | 0.01% | |
| 98 | BABAALIBABA GROUP HLDG LTD | 1,235 | $181.0M | 0.01% | |
| 99 | IBMOISHARES TR | 6,995 | $179.0M | 0.01% | |
| 100 | IBMPISHARES TR | 6,044 | $153.0M | 0.01% |
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