SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Quantitative Investment Management, LLC

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

Reported Value
$1.0B
Q4 2025
Positions
376
Filings on Record
30
2019–present window
Filed
Feb 17, 2026
original filing

Summary

Quantitative Investment Management, LLC reported $1.0B in U.S.-listed holdings across 376 positions for Q4 2025.

Its largest position, XLF, represents 6.4% of the portfolio.

Compared with Q3 2025, the fund opened 237 new positions and exited 183.

Portfolio Metrics

Turnover
+58.7%
vs prior filed quarter
Top-10 Concentration
+33.2%
share of reported value
Largest Position
+6.4%
Financial Select Sector Spdr Fund
New / Exited
237 / 183
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: 67.1%ETP: 30.3%ADR: 1.6%REIT: 0.8%NY Reg Shrs: 0.1%
  • Common Stock · 67.1% · $690M
  • ETP · 30.3% · $312M
  • ADR · 1.6% · $17M
  • REIT · 0.8% · $8M
  • NY Reg Shrs · 0.1% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XLBMaterials Select Sector SPDR FundNEW+1.13M1.13M+$51M$51M
IBITiShares Bitcoin Trust ETFNEW+874.6K874.6K+$43M$43M
MSTRStrategy IncNEW+178.3K178.3K+$27M$27M
XLPConsumer Staples Select Sector SPDR FundNEW+293.6K293.6K+$23M$23M
CVNACarvana Co Cl ANEW+38.3K38.3K+$16M$16M
NFLXNETFLIX INCNEW+168.3K168.3K+$16M$16M
UNHUNITEDHEALTH GROUP INCNEW+46.7K46.7K+$15M$15M
XLCCommunication Services Select Sector SPDNEW+92.5K92.5K+$11M$11M

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

Holdings — Q4 2025

376 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLFFinancial Select Sector SPDR Fundhistory →COM6.44%$66M1.21M
2XLBMaterials Select Sector SPDR Fundhistory →COM4.97%$51M1.13M
3IBITiShares Bitcoin Trust ETFhistory →COM4.22%$43M874.6K
4NVDANvidia Corphistory →COM3.99%$41M220.0K
5KRESPDR S&P REGIONAL BANKING ETFhistory →COM3.33%$34M527.6K
6MSTRStrategy Inchistory →COM2.63%$27M178.3K
7XLPConsumer Staples Select Sector SPDR Fundhistory →COM2.22%$23M293.6K
8XLIIndustrial Select Sector SPDR Fundhistory →COM2.10%$22M139.3K
9ETHAiShares Ethereum Trust ETFhistory →COM1.67%$17M767.6K
10CVNACarvana Co Cl Ahistory →COM1.57%$16M38.3K
11NFLXNETFLIX INChistory →COM1.53%$16M168.3K
12UNHUNITEDHEALTH GROUP INChistory →COM1.50%$15M46.7K
13WMTWalmart Inchistory →COM1.11%$11M102.9K
14XLCCommunication Services Select Sector SPDhistory →COM1.06%$11M92.5K
15TXNTEXAS INSTRUMENTS INChistory →COM1.02%$10M60.4K
16VVISA IncCOM0.97%$10M28.4K
17WFCWells Fargo & CoCOM0.92%$9M101.9K
18KBWBInvesco KBW Bank ETFCOM0.90%$9M110.4K
19ORCLOracle CorpCOM0.87%$9M46.0K
20AMDADVANCED MICRO DEVICES INCCOM0.86%$9M41.5K
21CCITIGROUP INC COM NEWCOM0.80%$8M70.2K
22SNPSSynopsys IncCOM0.77%$8M16.8K
23IRENIREN LtdCOM0.72%$7M195.6K
24MDLZMONDELEZ INTERNATIONAL INCCOM0.69%$7M132.2K
25BACBANK AMER CORP COMCOM0.68%$7M127.4K
26MAMastercard Incorp Common StockCOM0.67%$7M12.1K
27SCHWTHE CHARLES SCHWAB CORPCOM0.64%$7M65.9K
28BABAAlibaba Group Holding LtdCOM0.63%$6M44.0K
29BEBloom Energy CorpCOM0.58%$6M69.2K
30COFCAPITAL ONE FINANCIAL CORPCOM0.58%$6M24.5K
31KMBKIMBERLY-CLARK CORPCOM0.57%$6M58.4K
32MPMp Materials CorpCOM0.56%$6M114.2K
33VSTVistra Energy CorpCOM0.56%$6M35.7K
34ZTSZoetis IncCOM0.56%$6M45.5K
35CICigna GroupCOM0.56%$6M20.8K
36FCXFREEPORT-MCMORAN INCCOM0.54%$6M108.5K
37NXPINXP Semiconductors N.V.COM0.54%$6M25.4K
38HOODRobinhood Markets IncCOM0.53%$5M48.2K
39CRMSalesforce IncCOM0.52%$5M20.3K
40HBANHUNTINGTON BANCSHARES INCCOM0.52%$5M309.1K
41ABNBAirbnb IncCOM0.51%$5M38.6K
42ADIAnalog Devices IncCOM0.48%$5M18.2K
43XLEEnergy Select Sector SPDR FundCOM0.47%$5M108.3K
44KBESPDR S&P Bank ETFCOM0.46%$5M78.4K
45MCHPMICROCHIP TECHNOLOGY INCCOM0.45%$5M72.6K
46LMTLockheed Martin CorpCOM0.45%$5M9.5K
47SMCISuper Micro Computer IncCOM0.42%$4M146.4K
48VZVERIZON COMMUNICATIONS INCCOM0.41%$4M103.0K
49COPCONOCOPHILLIPSCOM0.39%$4M42.9K
50MSCIMSCI IncCOM0.38%$4M6.9K
51RGTIRigetti Computing IncCOM0.38%$4M176.2K
52JETSU.S. Global Jets ETFCOM0.37%$4M136.6K
53PGRPROGRESSIVE CORP (THE)COM0.37%$4M16.8K
54NVONOVO NORDISK A/SCOM0.37%$4M75.0K
55FISVFiserv IncCOM0.37%$4M56.5K
56BABOEING CO (THE)COM0.36%$4M17.3K
57GSGOLDMAN SACHS GROUP INC (THE)COM0.36%$4M4.2K
58ADBEAdobe IncCOM0.36%$4M10.5K
59LUVSOUTHWEST AIRLINES COCOM0.35%$4M87.2K
60JPMJ P MORGAN CHASE & COCOM0.35%$4M11.1K
61VFHVanguard Financials ETFCOM0.35%$4M26.7K
62ADPAUTOMATIC DATA PROCESSING INCCOM0.35%$4M13.8K
63MELIMercadoLibre IncCOM0.34%$4M1.8K
64RBLXRoblox CorpCOM0.33%$3M41.8K
65KEYKEYCORPCOM0.32%$3M160.1K
66BURLBurlington Stores IncCOM0.32%$3M11.2K
67MCOMOODY'S CORPCOM0.31%$3M6.3K
68ETNEATON CORP PLCCOM0.31%$3M9.9K
69VWOVanguard FTSE Emerging Markets ETFCOM0.29%$3M55.9K
70CCLCarnival CorpCOM0.29%$3M97.7K
71AMZNAmazon.com IncCOM0.28%$3M12.6K
72PGPROCTER & GAMBLE CO (THE)COM0.28%$3M20.2K
73VGKVanguard FTSEEuropean ETFCOM0.28%$3M34.5K
74USBU.S. BANCORPCOM0.28%$3M53.2K
75FHNFirst HorizonCOM0.27%$3M115.7K
76HDHOME DEPOT INC (THE)COM0.27%$3M8.0K
77DHRDanaher CorpCOM0.27%$3M11.9K
78RFREGIONS FINANCIAL CORPCOM0.26%$3M99.3K
79ONON Semiconductor CorpCOM0.26%$3M49.1K
80PNCPNC Financial Services GroupCOM0.26%$3M12.6K
81ROPRoper Technologies IncCOM0.26%$3M5.9K
82FCNCAFIRST CITIZENS BANCSHARES INCCOM0.25%$3M1.2K
83GWWW.W. GRAINGER INCCOM0.24%$3M2.5K
84VRSKVerisk Analytics IncCOM0.24%$2M11.1K
85CHTRCharter Communications IncCOM0.24%$2M11.7K
86TAT&T IncCOM0.24%$2M97.5K
87CSGPCoStar Group IncCOM0.23%$2M35.7K
88TFCTruist Financial CorpCOM0.23%$2M48.3K
89PAYXPaychex IncCOM0.23%$2M20.8K
90GE AerospaceCOM0.23%$2M7.6K
91PYPLPayPal Holdings IncCOM0.23%$2M39.7K
92ADMARCHER-DANIELS-MIDLAND COCOM0.22%$2M39.8K
93SPGIS&P GLOBAL INCCOM0.22%$2M4.4K
94DXCMDexCom IncCOM0.22%$2M34.4K
95PPure StorageCOM0.22%$2M33.3K
96TKOTKO Group Holdings IncCOM0.22%$2M10.7K
97CVXCHEVRON CORPCOM0.21%$2M14.5K
98AIGAMERICAN INTL GROUP INC COM NEWCOM0.21%$2M25.6K
99HONHoneywell International IncCOM0.21%$2M11.1K
100CNHCNH Industrial NVCOM0.21%$2M231.8K

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 ↗
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 ↗.