SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Quantitative Investment Management, LLC

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

Reported Value
$746M
Q2 2025
Positions
296
Filings on Record
29
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Quantitative Investment Management, LLC reported $746M in U.S.-listed holdings across 296 positions for Q2 2025.

Its largest position, XLF, represents 7.9% of the portfolio.

Compared with Q1 2025, the fund opened 187 new positions and exited 207.

Portfolio Metrics

Turnover
+56.7%
vs prior filed quarter
Top-10 Concentration
+37.8%
share of reported value
Largest Position
+7.9%
Spdr S P Financial Etf
New / Exited
187 / 207
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
Q1 ’19: $1.7BQ1 ’19Q2 ’19: $2.6BQ3 ’19: $1.9BQ4 ’19: $3.3BQ1 ’20: $916MQ1 ’20Q2 ’20: $974MQ3 ’20: $1.1BQ4 ’20: $1.2BQ1 ’21: $1.2BQ1 ’21Q2 ’21: $1.1BQ3 ’21: $1.1BQ4 ’21: $712MQ1 ’22: $925MQ1 ’22Q2 ’22: $656MQ3 ’22: $602MQ4 ’22: $526MQ1 ’23: $475MQ1 ’23Q2 ’23: $1.1BQ3 ’23: $650MQ4 ’23: $1.7BQ1 ’24: $1.7BQ1 ’24Q2 ’24: $917MQ3 ’24: $1.0BQ4 ’24: $1.3BQ1 ’25: $1.1BQ1 ’25Q2 ’25: $746MQ3 ’25: $719MQ4 ’25: $1.0BQ1 ’26: $963MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 76.6%ETP: 22.0%ADR: 1.2%REIT: 0.1%Other: 0.0%
  • Common Stock · 76.6% · $572M
  • ETP · 22.0% · $164M
  • ADR · 1.2% · $9M
  • REIT · 0.1% · $1M
  • Other · 0.0% · $264,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MSTRMicrostrategy IncNEW+93.0K93.0K+$38M$38M
IBITiShares Bitcoin Trust ETFNEW+408.9K408.9K+$25M$25M
CVNACarvana Co Cl ANEW+64.6K64.6K+$22M$22M
COINCoinbase Global IncNEW+56.8K56.8K+$20M$20M
LLYELI LILLY AND CONEW+24.2K24.2K+$19M$19M
XLVSPDR S&P Health Care ETFNEW+118.7K118.7K+$16M$16M
XLISPDR S&P Industrial ETFNEW+85.8K85.8K+$13M$13M
AMZNAmazon.com IncNEW+42.5K42.5K+$9M$9M

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

Holdings — Q2 2025

296 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLFSPDR S&P Financial ETFhistory →COM7.85%$59M1.12M
2UNHUNITEDHEALTH GROUP INChistory →COM7.18%$54M171.6K
3MSTRMicrostrategy Inchistory →COM5.04%$38M93.0K
4IBITiShares Bitcoin Trust ETFhistory →COM3.36%$25M408.9K
5CVNACarvana Co Cl Ahistory →COM2.92%$22M64.6K
6COINCoinbase Global Inchistory →COM2.67%$20M56.8K
7LLYELI LILLY AND COhistory →COM2.53%$19M24.2K
8XLVSPDR S&P Health Care ETFhistory →COM2.14%$16M118.7K
9NFLXNETFLIX INChistory →COM2.04%$15M11.4K
10BKNGBooking Holdings Inchistory →COM2.04%$15M2.6K
11XLISPDR S&P Industrial ETFhistory →COM1.70%$13M85.8K
12INTCIntel Corphistory →COM1.68%$13M560.7K
13AMZNAmazon.com Inchistory →COM1.25%$9M42.5K
14CVSCvs Health Corphistory →COM1.22%$9M132.2K
15BDXBECTON DICKINSON AND COhistory →COM1.17%$9M50.9K
16SMCISuper Micro Computer Inchistory →COM1.09%$8M165.2K
17WMTWalmart Inchistory →COM1.04%$8M79.7K
18KRESPDR S&P Regional Banking ETFhistory →COM1.01%$8M127.4K
19PANWPALO ALTO NETWORKS INCCOM0.97%$7M35.5K
20GLDSPDR Gold TrustCOM0.97%$7M23.8K
21ZSZscaler IncCOM0.97%$7M23.0K
22JPMJ P MORGAN CHASE & COCOM0.96%$7M24.8K
23SLVISHARES SILVER TRUSTCOM0.92%$7M208.5K
24UBERUber Technologies IncCOM0.89%$7M71.4K
25TMUST-Mobile US IncCOM0.89%$7M27.9K
26KRKroger Co (The)COM0.78%$6M81.3K
27CVXCHEVRON CORPCOM0.74%$6M38.5K
28DKNGDraftKings IncCOM0.72%$5M125.9K
29EXMOCExxon Mobil CorpCOM0.65%$5M44.9K
30CLXCLOROX CO (THE)COM0.65%$5M40.2K
31WFCWells Fargo & CoCOM0.65%$5M60.2K
32NOWServiceNow IncCOM0.65%$5M4.7K
33SNOWSnowflake IncCOM0.65%$5M21.5K
34AAPLApple IncCOM0.60%$5M21.9K
35XLESPDR Energy Select Sector FundCOM0.59%$4M52.0K
36CTASCINTAS CORPCOM0.58%$4M19.4K
37ISRGINTUITIVE SURGICAL INCCOM0.56%$4M7.7K
38ELVElevance Health IncCOM0.54%$4M10.3K
39AXONAxon Enterprise IncCOM0.53%$4M4.7K
40TTTrane Technologies PlcCOM0.52%$4M8.9K
41EDConsolidated Edison IncCOM0.49%$4M36.4K
42HSYHERSHEY CO (THE)COM0.48%$4M21.6K
43CPNGCoupang IncCOM0.48%$4M119.7K
44DGDollar General CorpCOM0.48%$4M31.0K
45XLUSPDR S&P Utilities ETFCOM0.47%$4M43.3K
46IGVIshr S&P Gs SftwCOM0.47%$4M32.3K
47NKENIKE INCCOM0.47%$3M48.9K
48EIXEDISON INTERNATIONALCOM0.47%$3M67.2K
49ENPHEnphase Energy IncCOM0.46%$3M87.1K
50EXCEXELON CORPCOM0.45%$3M76.5K
51SCHWTHE CHARLES SCHWAB CORPCOM0.43%$3M35.0K
52PSXPhillips 66COM0.42%$3M26.2K
53MELIMercadoLibre IncCOM0.41%$3M1.2K
54RBLXRoblox CorpCOM0.40%$3M28.6K
55RMDResmed IncCOM0.40%$3M11.6K
56BMYBRISTOL-MYERS SQUIBB COCOM0.39%$3M63.4K
57SESea LtdCOM0.39%$3M18.2K
58DUOLDuolingo IncCOM0.38%$3M7.0K
59ROKRockwell Automation IncCOM0.38%$3M8.5K
60MNDYMonday.Com LtdCOM0.38%$3M8.9K
61DASHDoorDash IncCOM0.36%$3M11.0K
62HUMHumana IncCOM0.36%$3M11.0K
63SYKStryker CorpCOM0.36%$3M6.8K
64LYVLive Nation Entertainment IncCOM0.35%$3M17.3K
65PINSPinterest IncCOM0.34%$3M71.0K
66CTVACorteva IncCOM0.34%$3M33.6K
67ORLYO'reilly Automotive IncCOM0.33%$2M27.5K
68BSXBoston Scientific CorpCOM0.33%$2M23.1K
69TOSTToast IncCOM0.33%$2M55.6K
70HLTHilton Worldwide Holdings IncCOM0.31%$2M8.7K
71VEEVVeeva Systems IncCOM0.31%$2M8.0K
72KHCThe Kraft Heinz CoCOM0.30%$2M85.9K
73SGISomnigroup Intl IncCOM0.29%$2M32.3K
74NTRANatera IncCOM0.28%$2M12.5K
75PHPARKER-HANNIFIN CORPCOM0.28%$2M3.0K
76PFEPfizer IncCOM0.28%$2M85.2K
77TJXTJX COMPANIES INC (THE)COM0.27%$2M16.5K
78ULTAUlta Beauty IncCOM0.27%$2M4.3K
79ECLEcolab IncCOM0.27%$2M7.5K
80CAGConAgra Brands IncCOM0.27%$2M97.4K
81WABWestinghouse Air Brake Technologies CorpCOM0.27%$2M9.5K
82WMBWILLIAMS COMPANIES INC (THE)COM0.26%$2M31.4K
83Xtrackers Harvest CSI 300 China A-SharesCOM0.26%$2M71.7K
84CHWYChewy IncCOM0.26%$2M45.9K
85EWCISHARES MSCI CANADA INDEX FUNDCOM0.26%$2M42.0K
86ASTSAst Spacemobile IncCOM0.26%$2M41.1K
87EAELECTRONIC ARTS INCCOM0.26%$2M11.9K
88CNPCENTERPOINT ENERGY INCCOM0.25%$2M50.6K
89RCLRoyal Caribbean Cruises LtdCOM0.25%$2M5.9K
90APTVAptiv Holdings Ltd.COM0.24%$2M26.7K
91INTUIntuit IncCOM0.24%$2M2.3K
92ADSKAutodesk IncCOM0.24%$2M5.8K
93UNPUNION PACIFIC CORPCOM0.23%$2M7.6K
94LILi Auto Inc ADSCOM0.23%$2M64.0K
95XLCThe Communication Services Sel Sec SPDRCOM0.23%$2M15.7K
96AERAercap Holdings N.V.COM0.22%$2M14.3K
97VWOVanguard FTSE Emerging Markets ETFCOM0.22%$2M33.6K
98CHDChurch & Dwight Co IncCOM0.22%$2M17.1K
99BACBANK AMER CORP COMCOM0.22%$2M34.4K
100GLWCorning IncCOM0.22%$2M30.8K

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 ↗

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 ↗.