SEC 13F Intelligence

Managers / Q4 2025 · view latest →

CMT Capital Markets Trading GmbH

CIK 0001632813 · BARCKHAUSSTR.10, FRANKFURT, 2M, 60325 · 3129309050

Reported Value
$11.2B
Q4 2025
Positions
356
Filings on Record
32
2019–present window
Filed
Feb 20, 2026
amendment (RESTATEMENT)

Summary

Cmt Capital Markets Trading Gmbh reported $11.2B in U.S.-listed holdings across 356 positions for Q4 2025.

Compared with Q3 2025, the fund opened 46 new positions and exited 37.

Portfolio Metrics

Turnover
+24.4%
vs prior filed quarter
Top-10 Concentration
+0.6%
share of reported value
Largest Position
+0.2%
Starbucks
New / Exited
46 / 37
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: $3.4BQ4 ’18Q1 ’19: $3.0BQ2 ’19: $3.2BQ3 ’19: $3.8BQ4 ’19: $5.3BQ4 ’19Q1 ’20: $4.8BQ2 ’20: $6.8BQ3 ’20: $10.4BQ4 ’20: $10.7BQ4 ’20Q1 ’21: $11.6BQ2 ’21: $13.1BQ3 ’21: $16.5BQ4 ’21: $20.8BQ4 ’21Q1 ’22: $17.3BQ2 ’22: $12.7BQ3 ’22: $13.4BQ4 ’22: $15.1BQ4 ’22Q1 ’23: $11.6BQ2 ’23: $10.8BQ3 ’23: $7.8BQ4 ’23: $9.3BQ4 ’23Q1 ’24: $7.4BQ2 ’24: $7.7BQ3 ’24: $8.4BQ4 ’24: $9.0BQ4 ’24Q1 ’25: $7.5BQ2 ’25: $9.0BQ3 ’25: $10.7BQ4 ’25: $11.2BQ4 ’25Q1 ’26: $9.6Bfilingsflow.com

Portfolio Composition

By security type
Other: 98.7%Common Stock: 1.0%ADR: 0.2%ETP: 0.1%
  • Other · 98.7% · $11.1B
  • Common Stock · 1.0% · $114M
  • ADR · 0.2% · $28M
  • ETP · 0.1% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR GOLD TRNEW+634.3K634.3K+$251M$251M
ALIBABA GROUP HLDG LTDNEW+498.8K498.8K+$73M$73M
SPOTIFY TECHNOLOGY S ANEW+94.0K94.0K+$55M$55M
SPOTIFY TECHNOLOGY S ANEW+43.5K43.5K+$25M$25M
GE AEROSPACENEW+19.5K19.5K+$6M$6M
SNOWFLAKE INCNEW+19.7K19.7K+$4M$4M
SEAGATE TECHNOLOGY HLDNGS PLNEW+15.2K15.2K+$4M$4M
TSLATESLA INCNEW+8.7K8.7K+$4M$4M

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

Holdings — Q4 2025

84 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SBUXSTARBUCKS CORPhistory →COM0.17%$19M223.5K
2PDDPDD HOLDINGS INCSPONSORED ADS0.06%$7M63.5K
3BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.06%$6M43.7K
4EAELECTRONIC ARTS INCCOM0.05%$5M26.5K
5GOOGLALPHABET INCCAP STK CL A0.04%$4M13.8K
6WFCWELLS FARGO CO NEWCOM0.04%$4M46.0K
7DISDISNEY WALT COCOM0.04%$4M36.2K
8TSLATESLA INCCOM0.04%$4M8.7K
9AALAMERICAN AIRLS GROUP INCCOM0.03%$4M255.8K
10GSGOLDMAN SACHS GROUP INCCOM0.03%$3M3.9K
11AVGOBROADCOM INCCOM0.03%$3M9.5K
12CCITIGROUP INCCOM NEW0.03%$3M27.5K
13CATCATERPILLAR INCCOM0.03%$3M5.6K
14NVONOVO-NORDISK A SADR0.03%$3M62.2K
15EWZISHARES INCMSCI BRAZIL ETF0.03%$3M97.8K
16MUMICRON TECHNOLOGY INCCOM0.03%$3M10.2K
17SNAPSNAP INCCL A0.02%$3M340.1K
18MDBMONGODB INCCL A0.02%$3M6.3K
19AAPLAPPLE INCCOM0.02%$2M8.9K
20STXSEAGATE TECHNOLOGY HLDNGS PLORD SHS0.02%$2M8.3K
21NIONIO INCSPON ADS0.02%$2M413.0K
22GDXVANECK ETF TRUSTGOLD MINERS ETF0.02%$2M24.4K
23LYFTLYFT INCCL A COM0.02%$2M107.4K
24SPOTSPOTIFY TECHNOLOGY S ASHS0.02%$2M3.6K
25MSFTMICROSOFT CORPCOM0.02%$2M4.3K
26PYPLPAYPAL HLDGS INCCOM0.02%$2M34.5K
27UBERUBER TECHNOLOGIES INCCOM0.02%$2M24.5K
28LILI AUTO INCSPONSORED ADS0.02%$2M113.8K
29MRVLMARVELL TECHNOLOGY INCCOM0.02%$2M21.3K
30METAMETA PLATFORMS INCCL A0.02%$2M2.6K
31SHOPSHOPIFY INCCL A SUB VTG SHS0.01%$2M10.3K
32PFEPFIZER INCCOM0.01%$2M64.1K
33ADBEADOBE INCCOM0.01%$2M4.5K
34GLDSPDR GOLD TRGOLD SHS0.01%$2M3.9K
35NVDANVIDIA CORPORATIONCOM0.01%$2M8.2K
36WDCWESTERN DIGITAL CORPCOM0.01%$1M8.0K
37AXPAMERICAN EXPRESS COCOM0.01%$1M3.6K
38BILIBILIBILI INCSPONS ADS REP Z0.01%$1M53.2K
39CSCOCISCO SYS INCCOM0.01%$1M16.0K
40NFLXNETFLIX INCCOM0.01%$1M12.9K
41INTCINTEL CORPCOM0.01%$1M30.4K
42TEVATEVA PHARMACEUTICAL INDS LTDSPONSORED ADS0.01%$1M34.6K
43CMGCHIPOTLE MEXICAN GRILL INCCOM0.01%$1M28.4K
44QQQINVESCO QQQ TRUNIT SER 10.01%$1M1.7K
45KLACKLA CORPCOM NEW0.01%$1M844
46COINCOINBASE GLOBAL INCCOM CL A0.01%$1M4.5K
47AMZNAMAZON COM INCCOM0.01%$1M4.3K
48FUTUFUTU HLDGS LTDSPON ADS CL A0.01%$990,0006.0K
49AMDADVANCED MICRO DEVICES INCCOM0.01%$964,0004.5K
50CCLCARNIVAL CORPUNIT 99/99/99990.01%$823,00027.0K
51SPYSPDR S&P 500 ETF TRTR UNIT0.01%$818,0001.2K
52LVSLAS VEGAS SANDS CORPCOM0.01%$814,00012.5K
53QCOMQUALCOMM INCCOM0.01%$793,0004.6K
54TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.01%$761,0002.5K
55LULULULULEMON ATHLETICA INCCOM0.01%$725,0003.5K
56ABNBAIRBNB INCCOM CL A0.01%$683,0005.0K
57VALEVALE S ASPONSORED ADS0.01%$678,00052.1K
58IBMINTERNATIONAL BUSINESS MACHSCOM0.01%$652,0002.2K
59BEKEKE HLDGS INCSPONSORED ADS0.01%$631,00040.0K
60RGLDROYAL GOLD INCCOM0.01%$617,0002.8K
61HIMSHIMS & HERS HEALTH INCCOM CL A0.01%$601,00018.5K
62JDJD.COM INCSPON ADS CL A0.01%$584,00020.4K
63UALUNITED AIRLS HLDGS INCCOM0.00%$553,0004.9K
64UPSUNITED PARCEL SERVICE INCCL B0.00%$514,0005.2K
65AMATAPPLIED MATLS INCCOM0.00%$475,0001.8K
66ASMLASML HOLDING N VN Y REGISTRY SHS0.00%$451,000422
67BIDUBAIDU INCSPON ADR REP A0.00%$414,0003.2K
68XYZBLOCK INCCL A0.00%$410,0006.3K
69FIVEFIVE BELOW INCCOM0.00%$408,0002.2K
70CRMSALESFORCE INCCOM0.00%$406,0001.5K
71CARAVIS BUDGET GROUPCOM0.00%$377,0002.9K
72XPEVXPENG INCADS0.00%$377,00018.6K
73PBRPETROLEO BRASILEIRO SA PETROSPONSORED ADR0.00%$376,00031.7K
74WMTWALMART INCCOM0.00%$357,0003.2K
75ADSKAUTODESK INCCOM0.00%$326,0001.1K
76NKENIKE INCCL B0.00%$286,0004.5K
77FDXFEDEX CORPCOM0.00%$276,000956
78FXIISHARES TRCHINA LG-CAP ETF0.00%$260,0006.8K
79SNPSSYNOPSYS INCCOM0.00%$231,000491
80CHRWC H ROBINSON WORLDWIDE INCCOM NEW0.00%$229,0001.4K
81PLTRPALANTIR TECHNOLOGIES INCCL A0.00%$227,0001.3K
82LRCXLAM RESEARCH CORPCOM NEW0.00%$226,0001.3K
83CVNACARVANA COCL A0.00%$215,000510
84AIC3 AI INCCL A0.00%$192,00014.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$9.6B372May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$11.2B356Feb 20, 2026RESTATEMENTchanges · EDGAR ↗
Q3 2025$10.7B347Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$9.0B305Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$7.5B292May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$9.0B283Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$8.4B283Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$7.7B276Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$7.4B247May 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$9.3B233Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$7.8B242Nov 14, 2023RESTATEMENTchanges · EDGAR ↗
Q2 2023$10.8B258Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$11.6B219May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022$15.1B315Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$13.4B327Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$12.7B294Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$17.3B299May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$20.8B327Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$16.5B318Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$13.1B270Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$11.6B260May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$10.7B260Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$10.4B248Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$6.8B247Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$4.8B229May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$5.3B205Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.8B151Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.2B126Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.0B128May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$3.4B125Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • CMT GmbH Holdings LLC028-19536
  • CMT Global Holdings LLC028-16153

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 ↗.