SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Quantitative Investment Management, LLC

CIK 0001445911 · 240 W. MAIN STREET, SUITE 300, CHARLOTTESVILLE, VA, 22902 · 434-817-4800

Reported Value
$650M
Q3 2023
Positions
162
Filings on Record
30
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Quantitative Investment Management, LLC reported $650M in U.S.-listed holdings across 162 positions for Q3 2023.

Its largest position, SPY, represents 11.6% of the portfolio.

Compared with Q2 2023, the fund opened 104 new positions and exited 206.

Portfolio Metrics

Turnover
+63.7%
vs prior filed quarter
Top-10 Concentration
+40.2%
share of reported value
Largest Position
+11.6%
Spdr S P 500 Etf
New / Exited
104 / 206
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.9BQ4 ’18Q1 ’19: $1.7BQ2 ’19: $2.6BQ3 ’19: $1.9BQ4 ’19: $3.3BQ4 ’19Q1 ’20: $916MQ2 ’20: $974MQ3 ’20: $1.1BQ4 ’20: $1.2BQ4 ’20Q1 ’21: $1.2BQ2 ’21: $1.1BQ3 ’21: $1.1BQ4 ’21: $712MQ4 ’21Q1 ’22: $925MQ2 ’22: $656MQ3 ’22: $602MQ4 ’22: $526MQ4 ’22Q1 ’23: $475MQ2 ’23: $1.1BQ3 ’23: $650MQ4 ’23: $1.7BQ4 ’23Q1 ’24: $1.7BQ2 ’24: $917MQ3 ’24: $1.0BQ4 ’24: $1.3BQ4 ’24Q1 ’25: $1.1BQ2 ’25: $746MQ3 ’25: $719MQ4 ’25: $1.0BQ4 ’25Q1 ’26: $963Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 66.7%ETP: 31.8%REIT: 0.5%ADR: 0.5%Other: 0.4%NY Reg Shrs: 0.1%
  • Common Stock · 66.7% · $433M
  • ETP · 31.8% · $207M
  • REIT · 0.5% · $4M
  • ADR · 0.5% · $3M
  • Other · 0.4% · $2M
  • NY Reg Shrs · 0.1% · $675,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETFNEW+176.4K176.4K+$75M$75M
DALDelta Air Lines IncNEW+610.0K610.0K+$23M$23M
JNJJohnson & JohnsonNEW+135.8K135.8K+$21M$21M
RTXRtx CorpNEW+202.3K202.3K+$15M$15M
CCLCarnival CorpNEW+937.6K937.6K+$13M$13M
JETSU.S. Global Jets ETFNEW+740.1K740.1K+$13M$13M
JPMJ P MORGAN CHASE & CONEW+81.5K81.5K+$12M$12M
UPSUNITED PARCEL SERVICE INCNEW+70.0K70.0K+$11M$11M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

162 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPYSPDR S&P 500 ETFhistory →COM11.60%$75M176.4K
2XLISPDR S&P Industrial ETFhistory →COM6.21%$40M398.4K
3XLPSPDR S&P Consumer Staples Etfhistory →COM5.39%$35M509.5K
4DALDelta Air Lines Inchistory →COM3.47%$23M610.0K
5JNJJohnson & Johnsonhistory →COM3.25%$21M135.8K
6GISGENERAL MILLS INChistory →COM2.35%$15M238.7K
7RTXRtx Corphistory →COM2.24%$15M202.3K
8CCLCarnival Corphistory →COM1.98%$13M937.6K
9JETSU.S. Global Jets ETFhistory →COM1.94%$13M740.1K
10JPMJ P MORGAN CHASE & COhistory →COM1.82%$12M81.5K
11UNPUNION PACIFIC CORPhistory →COM1.70%$11M54.4K
12UPSUNITED PARCEL SERVICE INChistory →COM1.68%$11M70.0K
13DGDollar General Corphistory →COM1.65%$11M101.7K
14INDAiShares MSCI Indiahistory →COM1.58%$10M233.0K
15ITBiShares U.S. Home Construction ETFhistory →COM1.46%$9M121.0K
16CSCOCisco Systems Inchistory →COM1.41%$9M170.6K
17WMTWalmart Inchistory →COM1.41%$9M57.3K
18HSYHERSHEY CO (THE)history →COM1.36%$9M44.1K
19ORCLOracle Corphistory →COM1.35%$9M82.8K
20AALAmerican Airlines Group Inchistory →COM1.33%$9M673.9K
21DHID.R. HORTON INChistory →COM1.33%$9M80.3K
22FISVFiserv Inchistory →COM1.32%$9M76.0K
23XHBSPDR S&P Homebuilders ETFhistory →COM1.14%$7M96.6K
24IBMInternational Business Machines Corphistory →COM1.09%$7M50.7K
25UALUnited Airlines Holdings Inchistory →COM1.07%$7M165.2K
26FANGDiamondback Energy Inchistory →COM1.06%$7M44.5K
27LUVSOUTHWEST AIRLINES COhistory →COM1.04%$7M249.5K
28COSTCOSTCO WHOLESALE CORPhistory →COM1.02%$7M11.8K
29ELESTEE LAUDER COMPANIES INC (THE)COM1.00%$6M44.8K
30RCLRoyal Caribbean Cruises LtdCOM0.94%$6M66.3K
31ADPAUTOMATIC DATA PROCESSING INCCOM0.93%$6M25.2K
32JCIJohnson Controls IncCOM0.86%$6M104.7K
33DRIDARDEN RESTAURANTS INCCOM0.81%$5M36.9K
34DEDeere & CoCOM0.76%$5M13.2K
35TPRTapestry IncCOM0.73%$5M165.8K
36STZCONSTELLATION BRANDS INC-ACOM0.72%$5M18.7K
37XLKSPDR S&P Technology ETFCOM0.68%$4M26.9K
38MGMMGM RESORTS INTERNATIONALCOM0.66%$4M116.9K
39MAMastercard Incorp Common StockCOM0.65%$4M10.7K
40ISRGINTUITIVE SURGICAL INCCOM0.63%$4M14.1K
41USBU.S. BANCORPCOM0.59%$4M116.8K
42SEDGSOLAREDGE TECHNOLOGIES INCCOM0.59%$4M29.6K
43CATCaterpillar IncCOM0.57%$4M13.7K
44Discover Financial ServicesCOM0.57%$4M42.9K
45CELHCelsius HoldingsCOM0.55%$4M21.0K
46VMCVULCAN MATERIALS COCOM0.53%$3M17.1K
47Seagen IncCOM0.51%$3M15.7K
48KOCOCA-COLA CO (THE)COM0.50%$3M57.7K
49HPQHP IncCOM0.49%$3M123.7K
50SPGIS&P GLOBAL INCCOM0.48%$3M8.5K
51LENLENNAR CORPCOM0.47%$3M27.5K
52WBAWALGREENS BOOTS ALLIANCE INCCOM0.46%$3M133.4K
53RHRH Common StockCOM0.45%$3M11.0K
54GPNGlobal Payments IncCOM0.43%$3M24.4K
55IYTiShares US Transportation ETFCOM0.42%$3M11.7K
56EWEDWARDS LIFESCIENCES CORPCOM0.42%$3M39.3K
57MARMARRIOTT INTERNATIONALCOM0.41%$3M13.4K
58OMCOmnicom Group IncCOM0.40%$3M35.3K
59REGNREGENERON PHARMACEUTICALS INCCOM0.39%$3M3.1K
60BABOEING CO (THE)COM0.39%$3M13.2K
61NKENIKE INCCOM0.39%$3M26.4K
62ORealty Income CorpCOM0.39%$3M50.2K
63TE Connectivity LtdCOM0.38%$2M19.9K
64CDWCdw CorpCOM0.37%$2M12.0K
65RFREGIONS FINANCIAL CORPCOM0.37%$2M138.8K
66PHMPultegroup IncCOM0.36%$2M31.9K
67SHWSHERWIN-WILLIAMS CO (THE)COM0.34%$2M8.7K
68IPGInterpublic Group of Companies Inc (The)COM0.33%$2M76.0K
69FTVFortive CorporationCOM0.33%$2M28.9K
70CNCCentene CorpCOM0.33%$2M30.8K
71ICLNiShares S&P Global Clean Energy Index FdCOM0.32%$2M144.1K
72PHPARKER-HANNIFIN CORPCOM0.31%$2M5.2K
73APHAMPHENOL CORPCOM0.30%$2M23.0K
74MLMMartin Marietta Materials IncCOM0.30%$2M4.7K
75HESHess CorpCOM0.29%$2M12.3K
76VGTVanguard Information Tech ETF - DNQCOM0.29%$2M4.5K
77GSKGSK plcCOM0.28%$2M50.7K
78TJXTJX COMPANIES INC (THE)COM0.27%$2M19.9K
79ITWILLINOIS TOOL WORKS INCCOM0.27%$2M7.6K
80ADMARCHER-DANIELS-MIDLAND COCOM0.27%$2M23.2K
81ABTAbbott LaboratoriesCOM0.26%$2M17.4K
82IDXXIDEXX LABORATORIES INCCOM0.25%$2M3.7K
83NCLHNorwegian Cruise Line Holdings LtdCOM0.25%$2M97.8K
84VEEVVeeva Systems IncCOM0.24%$2M7.8K
85PAYXPaychex IncCOM0.24%$2M13.5K
86BLDRBuilders FirstSource IncCOM0.24%$2M12.5K
87OKEONEOK IncCOM0.24%$2M24.3K
88MRVLMarvell Technology Group LtdCOM0.23%$2M28.2K
89BSXBoston Scientific CorpCOM0.23%$1M28.1K
90FDXFedEx CorpCOM0.23%$1M5.6K
91LYVLive Nation Entertainment IncCOM0.22%$1M17.6K
92CSGPCoStar Group IncCOM0.21%$1M17.9K
93HBANHUNTINGTON BANCSHARES INCCOM0.21%$1M131.8K
94EWWiShares MSCI Mexico ETFCOM0.21%$1M23.3K
95IGVIshr S&P Gs SftwCOM0.21%$1M3.9K
96DLTRDollar Tree IncCOM0.20%$1M12.3K
97CMECME Group IncCOM0.20%$1M6.5K
98PODDInsulet CorpCOM0.20%$1M8.1K
99XYLXylem IncCOM0.20%$1M14.1K
100IHIiShares U.S. Medical Devices ETFCOM0.19%$1M25.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$963M363May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.0B376Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$719M322Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$746M296Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.1B316May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.3B312Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.0B310Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$917M300Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.7B228May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.7B303Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$650M162Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B264Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$475M214May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$526M206Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$602M265Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$656M207Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$925M192May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$712M231Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.1B369Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B376Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B470May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.2B440Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.1B370Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$974M494Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$916M481May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.3B608Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.9B571Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.6B598Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.7B626May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.9B536Feb 12, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.