SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Quantitative Investment Management, LLC

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

Reported Value
$1.1B
Q1 2025
Positions
316
Filings on Record
30
2019–present window
Filed
May 14, 2025
original filing

Summary

Quantitative Investment Management, LLC reported $1.1B in U.S.-listed holdings across 316 positions for Q1 2025.

Its largest position, XLE, represents 9.8% of the portfolio.

Compared with Q4 2024, the fund opened 188 new positions and exited 184.

Portfolio Metrics

Turnover
+67.6%
vs prior filed quarter
Top-10 Concentration
+35.1%
share of reported value
Largest Position
+9.8%
Spdr Energy Select Sector Fund
New / Exited
188 / 184
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: 63.0%ETP: 34.0%ADR: 2.0%REIT: 0.6%Other: 0.4%
  • Common Stock · 63.0% · $685M
  • ETP · 34.0% · $370M
  • ADR · 2.0% · $22M
  • REIT · 0.6% · $7M
  • Other · 0.4% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XLESPDR Energy Select Sector FundNEW+1.14M1.14M+$106M$106M
XLFSPDR S&P Financial ETFNEW+1.08M1.08M+$54M$54M
XLPSPDR S&P Consumer Staples EtfNEW+529.2K529.2K+$43M$43M
UNHUNITEDHEALTH GROUP INCNEW+60.5K60.5K+$32M$32M
BABOEING CO (THE)NEW+106.3K106.3K+$18M$18M
XOPSPDR S&P Oil & Gas Exploration & ProductNEW+101.4K101.4K+$13M$13M
MRVLMarvell Technology Group LtdNEW+206.0K206.0K+$13M$13M
STZCONSTELLATION BRANDS INC-ANEW+65.3K65.3K+$12M$12M

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

Holdings — Q1 2025

316 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLESPDR Energy Select Sector Fundhistory →COM9.77%$106M1.14M
2XLFSPDR S&P Financial ETFhistory →COM4.93%$54M1.08M
3XLPSPDR S&P Consumer Staples Etfhistory →COM3.97%$43M529.2K
4XLYConsumer Discretionary Select Sector SPDhistory →COM3.90%$42M214.7K
5UNHUNITEDHEALTH GROUP INChistory →COM2.92%$32M60.5K
6GDXVanEck Gold Miners ETFhistory →COM2.44%$27M576.9K
7XLUSPDR S&P Utilities ETFhistory →COM2.00%$22M275.6K
8WMTWalmart Inchistory →COM1.93%$21M239.4K
9BABOEING CO (THE)history →COM1.67%$18M106.3K
10AVGOBroadcom Inchistory →COM1.61%$18M104.9K
11INTCIntel Corphistory →COM1.43%$16M682.7K
12HUMHumana Inchistory →COM1.37%$15M56.3K
13NVONOVO NORDISK A/Shistory →COM1.32%$14M207.3K
14MRKMERCK & CO INChistory →COM1.30%$14M157.4K
15XOPSPDR S&P Oil & Gas Exploration & Producthistory →COM1.23%$13M101.4K
16MRVLMarvell Technology Group Ltdhistory →COM1.17%$13M206.0K
17STZCONSTELLATION BRANDS INC-Ahistory →COM1.10%$12M65.3K
18SLVISHARES SILVER TRUSThistory →COM1.00%$11M350.8K
19DHRDanaher Corphistory →COM0.99%$11M52.7K
20UALUnited Airlines Holdings Inchistory →COM0.96%$10M151.2K
21CVXCHEVRON CORPhistory →COM0.93%$10M60.7K
22VRTVertiv Holdings CoCOM0.87%$9M131.5K
23ETNEATON CORP PLCCOM0.84%$9M33.5K
24HONHoneywell International IncCOM0.81%$9M41.6K
25NOWServiceNow IncCOM0.80%$9M11.0K
26DLTRDollar Tree IncCOM0.76%$8M110.1K
27GDXJVanEck Junior Gold Miners ETFCOM0.75%$8M142.0K
28UPSUNITED PARCEL SERVICE INCCOM0.74%$8M72.7K
29LUVSOUTHWEST AIRLINES COCOM0.73%$8M236.8K
30APPApplovin CorpCOM0.70%$8M28.5K
31CORCencora IncCOM0.69%$7M26.8K
32VRTXVERTEX PHARMACEUTICALS INCCOM0.67%$7M15.0K
33IGVIshr S&P Gs SftwCOM0.65%$7M79.2K
34TSLATesla IncCOM0.65%$7M27.1K
35CRMSalesforce IncCOM0.63%$7M25.7K
36TGTTARGET CORPCOM0.62%$7M65.0K
37GOOGLAlphabet Inc ACOM0.62%$7M43.8K
38MRSHMARSH & MCLENNAN COMPANIES INCCOM0.61%$7M27.1K
39EXMOCExxon Mobil CorpCOM0.60%$7M54.9K
40FDXFedEx CorpCOM0.58%$6M25.7K
41XLCThe Communication Services Sel Sec SPDRCOM0.57%$6M64.3K
42AALAmerican Airlines Group IncCOM0.53%$6M549.2K
43FSLRFirst Solar IncCOM0.53%$6M45.5K
44IONQIONQ IncCOM0.52%$6M257.3K
45PWRQuanta Services IncCOM0.52%$6M22.3K
46NFLXNETFLIX INCCOM0.49%$5M5.7K
47COPCONOCOPHILLIPSCOM0.46%$5M47.8K
48LINLinde PLCCOM0.46%$5M10.7K
49TTDThe Trade Desk Inc Cl ACOM0.44%$5M88.0K
50ANETArista Networks IncCOM0.43%$5M59.9K
51ILMNILLUMINA INCCOM0.42%$5M58.0K
52JETSU.S. Global Jets ETFCOM0.41%$5M216.8K
53TSNTYSON FOODS INCCOM0.41%$4M69.4K
54ICLRICON PLCCOM0.40%$4M25.1K
55ORCLOracle CorpCOM0.40%$4M30.8K
56ITAiShares U.S. Aerospace & Defense ETFCOM0.39%$4M27.8K
57WSTWEST PHARMACEUTICAL SERVICES INCCOM0.38%$4M18.6K
58ONON Semiconductor CorpCOM0.38%$4M101.5K
59ICEIntercontinental Exchange IncCOM0.37%$4M23.1K
60ELFELF BEAUTY INCCOM0.36%$4M62.4K
61TDGTransdigm Group IncCOM0.35%$4M2.8K
62Rocket Labs USA IncCOM0.35%$4M213.1K
63LNGCHENIERE ENERGY INCCOM0.35%$4M16.4K
64LULULululemon Athletica inc.COM0.35%$4M13.3K
65VSTVistra Energy CorpCOM0.34%$4M31.9K
66BKNGBooking Holdings IncCOM0.33%$4M784
67DASHDoorDash IncCOM0.33%$4M19.7K
68CLXCLOROX CO (THE)COM0.32%$3M23.7K
69KMIKinder Morgan IncCOM0.32%$3M122.3K
70GSGOLDMAN SACHS GROUP INC (THE)COM0.32%$3M6.4K
71DALDelta Air Lines IncCOM0.32%$3M79.5K
72XRTSPDR S&P Retail ETFCOM0.32%$3M49.7K
73ZTSZoetis IncCOM0.32%$3M20.8K
74RUNSunrun IncCOM0.31%$3M571.5K
75ARKKARK Innovation ETFCOM0.31%$3M69.9K
76SHOPShopify IncCOM0.30%$3M33.6K
77SRESEMPRACOM0.28%$3M43.2K
78BAHBooz Allen Hamilton Holding CorpCOM0.28%$3M29.4K
79WMWASTE MANAGEMENT INCCOM0.28%$3M13.2K
80DLRDIGITAL RLTY TR INC COMCOM0.28%$3M21.3K
81CTASCINTAS CORPCOM0.28%$3M14.6K
82ALKALASKA AIR GROUP INCCOM0.27%$3M59.3K
83AMGNAMGEN INCCOM0.27%$3M9.4K
84SOFISoFi Technologies IncCOM0.26%$3M246.1K
85EFXEQUIFAX INCCOM0.26%$3M11.6K
86BSXBoston Scientific CorpCOM0.26%$3M27.9K
87ISRGINTUITIVE SURGICAL INCCOM0.25%$3M5.6K
88TPRTapestry IncCOM0.25%$3M38.6K
89CMICUMMINS INCCOM0.25%$3M8.6K
90ADMARCHER-DANIELS-MIDLAND COCOM0.25%$3M55.6K
91RCLRoyal Caribbean Cruises LtdCOM0.24%$3M13.0K
92TWLOTwilio Inc Cl ACOM0.24%$3M26.7K
93MCHPMICROCHIP TECHNOLOGY INCCOM0.24%$3M53.2K
94AXONAxon Enterprise IncCOM0.24%$3M4.9K
95VGTVanguard Information Tech ETFCOM0.23%$3M4.7K
96EATBrinker International IncCOM0.23%$2M16.7K
97FDNFirst Trust DJ Internet Index FundCOM0.22%$2M11.0K
98MSMORGAN STANLEY COM NEWCOM0.22%$2M20.6K
99HOODRobinhood Markets IncCOM0.22%$2M57.7K
100LPLALPL Financial Holdings IncCOM0.22%$2M7.3K

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 ↗.