SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Rovida Advisors Inc.

CIK 0001653857 · C/O SMAART COMPANY, 2319 N. ANDREWS AVENUE, FORT LAUDERDALE, FL, 33311 · 345-949-4700

Reported Value
$116M
Q3 2025
Positions
12
Filings on Record
31
2019–present window
Filed
Nov 12, 2025
original filing

Summary

Rovida Advisors Inc. reported $116M in U.S.-listed holdings across 12 positions for Q3 2025.

The portfolio is heavily concentrated: PAR alone accounts for 25.6% of reported value.

Compared with Q2 2025, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+16.5%
vs prior filed quarter
Top-10 Concentration
+94.3%
share of reported value
Largest Position
+25.6%
Par Technology
New / Exited
1 / 1
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: $1.2BQ4 ’18Q1 ’19: $1.5BQ2 ’19: $1.7BQ3 ’19: $1.7BQ4 ’19: $1.9BQ4 ’19Q1 ’20: $213MQ2 ’20: $1.0BQ3 ’20: $1.4BQ4 ’20: $1.7BQ4 ’20Q1 ’21: $2.1BQ2 ’21: $2.3BQ3 ’21: $2.4BQ4 ’21: $2.2BQ4 ’21Q1 ’22: $466MQ2 ’22: $389MQ3 ’22: $215MQ4 ’22: $272MQ4 ’22Q1 ’23: $256MQ2 ’23: $229MQ3 ’23: $263MQ4 ’23: $245MQ4 ’23Q1 ’24: $288MQ2 ’24: $280MQ3 ’24: $318MQ4 ’24: $129MQ4 ’24Q1 ’25: $134MQ2 ’25: $112MQ3 ’25: $116MQ4 ’25: $0Q4 ’25filingsflow.com

Portfolio Composition

By security type
Common Stock: 84.5%ETP: 15.5%
  • Common Stock · 84.5% · $98M
  • ETP · 15.5% · $18M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CNCCENTENE CORP DELNEW+100.0K100.0K+$4M$4M
SPBSPECTRUM BRANDS HLDGS INCADDED+55.2K60.0K+$3M$3M
DHID R HORTON INCSOLD OUT−62.9K0−$8M$0
UNHUNITEDHEALTH GROUP INCADDED+15.0K30.0K+$6M$10M
PARPAR TECHNOLOGY CORPADDED+252.2K750.0K−$5M$30M
MSOSADVISORSHARES TRADDED+200.0K1.20M+$3M$6M
ALITALIGHT INCADDED+589.2K3.70M−$6M$12M
GOOGLALPHABET INCHELD+080.0K+$5M$19M

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

Holdings — Q3 2025

12 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PARPAR TECHNOLOGY CORPhistory →COM25.59%$30M750.0K
2GOOGLALPHABET INChistory →CAP STK CL A16.77%$19M80.0K
3IWMISHARES TRhistory →RUSSELL 2000 ETF10.49%$12M50.3K
4ALITALIGHT INChistory →COM CL A10.40%$12M3.70M
5UNHUNITEDHEALTH GROUP INChistory →COM8.93%$10M30.0K
6IPINTERNATIONAL PAPER COhistory →COM6.00%$7M150.0K
7MSOSADVISORSHARES TRhistory →PURE US CANNABIS5.00%$6M1.20M
8NKENIKE INChistory →COM CL B4.51%$5M75.0K
9CZRCAESARS ENTERTAINMENT INC NEhistory →COM3.49%$4M150.0K
10CNCCENTENE CORP DELhistory →COM3.08%$4M100.0K
11PEPPEPSICO INChistory →COM3.03%$4M25.0K
12SPBSPECTRUM BRANDS HLDGS INChistory →COM2.72%$3M60.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2025$01Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$116M12Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$112M12Aug 12, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$134M12May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$129M12Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$318M23Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$280M23Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$288M26May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$245M17Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$263M19Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$229M18Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$256M22May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$272M25Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$215M20Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$389M25Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$466M28May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.2B48Feb 14, 2022RESTATEMENTchanges · EDGAR ↗
Q3 2021$2.4B52Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.3B47Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.1B49May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.7B42Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.4B49Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.0B47Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$213M26May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.9B58Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.7B39Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.7B41Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.5B40May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.2B35Feb 11, 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 ↗.