SEC 13F Intelligence

Managers / Q1 2026

DV Trading LLC

CIK 0001721757 · 425 S FINANCIAL PLACE, SUITE 2800, CHICAGO, IL, 60605 · 312-663-7111

Reported Value
$4.2B
Q1 2026
Positions
462
includes revealed positions
Filings on Record
3
2019–present window
Filed
May 15, 2026
original filing

Summary

Dv Trading LLC reported $4.2B in U.S.-listed holdings across 462 positions for Q1 2026.

Its largest position, Kraneshares, represents 5.1% of the portfolio.

Compared with Q4 2025, the fund opened 123 new positions and exited 756.

Portfolio Metrics

Turnover
+25.3%
vs prior filed quarter
Top-10 Concentration
+19.0%
share of reported value
Largest Position
+5.1%
Kraneshares
New / Exited
123 / 756
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 ’25: $3.6BQ4 ’25Q1 ’26: $4.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 56.7%Common Stock: 40.5%ADR: 1.6%Other: 1.1%REIT: 0.1%Other: 0.1%
  • ETP · 56.7% · $2.4B
  • Common Stock · 40.5% · $1.7B
  • ADR · 1.6% · $66M
  • Other · 1.1% · $48M
  • REIT · 0.1% · $3M
  • Other · 0.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MUBISHARES TRNEW+774.1K774.1K+$82M$82M
ARM HOLDINGS PLCNEW+115.7K115.7K+$18M$18M
TNGXTANGO THERAPEUTICS INCNEW+300.6K300.6K+$6M$6M
AVTXAVALO THERAPEUTICS INCNEW+360.1K360.1K+$5M$5M
NERVMINERVA NEUROSCIENCES INCNEW+889.3K889.3K+$5M$5M
DATADOG INCNEW+43.2K43.2K+$5M$5M
MARVELL TECHNOLOGY INCNEW+42.5K42.5K+$4M$4M
PHARVARIS N VNEW+144.0K144.0K+$4M$4M

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

Holdings — Q1 2026REVEALED

271 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KRANESHARES TRUSTCSI CHI INTERNET5.10%$215M7.57M
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.43%$145M504.1K
3MUBISHARES TRIBOXX HI YD ETF · NATIONAL MUN ETF · IBOXX INV CP ETF · RUSSELL 2000 ETF · MSCI EMG MKT ETF · MSCI EAFE ETF · RUS 1000 VAL ETF · RUS 1000 ETF · TIPS BD ETF · CORE US AGGBD ET · CORE S&P500 ETF · CORE S&P TTL STK · U.S. REAL ES ETF · CHINA LG-CAP ETF · MSCI UK ETF NEW · 20 YR TR BD ETF · CORE S&P MCP ETF · RUSSELL 3000 ETF · S&P 500 GRWT ETF3.28%$138M1.31M
4CGONCG ONCOLOGY INChistory →COM2.31%$97M1.44M
5SPYSTATE STR SPDR S&P 500 ETF Thistory →TR UNIT1.54%$65M100.0K
6QQQINVESCO QQQ TRhistory →UNIT SER 11.46%$62M106.7K
7NVDANVIDIA CORPORATIONhistory →COM0.60%$25M145.0K
8XLYSELECT SECTOR SPDR TRSTATE STREET CON · STATE STREET ENE · STATE STREET FIN · STATE STREET HEA · STATE STREET UTI · STATE STREET COM · STATE STREET TEC · STATE STREET IND0.52%$22M296.5K
9SMHVANECK ETF TRUSTSEMICONDUCTR ETF · GOLD MINERS ETF · JUNIOR GOLD MINE0.40%$17M82.0K
10TSMTAIWAN SEMICONDUCTOR MANUFAChistory →SPONSORED ADS0.36%$15M45.4K
11AMZNAMAZON COM INChistory →COM0.36%$15M72.9K
12AAPLAPPLE INChistory →COM0.34%$15M57.4K
13AVGOBROADCOM INChistory →COM0.30%$13M40.9K
14NFLXNETFLIX INC.history →COM0.28%$12M120.8K
15MSFTMICROSOFT CORPhistory →COM0.27%$11M30.7K
16EWAISHARES INCMSCI AUST ETF · MSCI JAPAN ETF · MSCI BRAZIL ETF · CORE MSCI EMKT · MSCI STH KOR ETF · MSCI TAIWAN ETF · MSCI ITALY ETF0.26%$11M256.3K
17DIASTATE STR SPDR DOW JONES INDUT SER 10.20%$8M17.9K
18COSTCOSTCO WHOLESALE CORPORATIONCOM0.17%$7M7.3K
19HDHOME DEPOT INCCOM0.17%$7M22.2K
20TNGXTANGO THERAPEUTICS INCCOM0.15%$6M300.6K
21MUMICRON TECHNOLOGY INCCOM0.14%$6M18.1K
22ORCLORACLE CORPCOM0.14%$6M41.6K
23CWBSPDR SERIES TRUSTSTATE STREET SPD0.14%$6M58.4K
24AVTXAVALO THERAPEUTICS INCCOM NEW0.13%$5M360.1K
25NERVMINERVA NEUROSCIENCES INCCOM NEW0.13%$5M889.3K
26VTVANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · FTSE EMR MKT ETF · FTSE EUROPE ETF · ALLWRLD EX US0.11%$5M55.0K
27GLDSPDR GOLD TRGOLD SHS0.11%$5M10.6K
28VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · REAL ESTATE ETF0.11%$5M18.4K
29CRMSALESFORCE INCCOM0.10%$4M22.8K
30PHARVARIS N VCOM0.10%$4M144.0K
31ELVNENLIVEN THERAPEUTICS INCCOM0.09%$4M95.3K
32TSLATESLA INCCOM0.09%$4M9.8K
33CVXCHEVRON CORPORATIONCOM0.08%$3M16.5K
34METAMETA PLATFORMS INCCL A0.08%$3M5.9K
35CTMXCYTOMX THERAPEUTICS INC.COM0.08%$3M714.0K
36IPSCCENTURY THERAPEUTICS INCREVEALEDCOM0.07%$3M1.40M
37PBR/APETROLEO BRASILEIRO S ASP ADR NON VTG · SPONSORED ADR0.07%$3M160.1K
38GLDMWORLD GOLD TRSPDR GLD MINIS0.07%$3M30.2K
39SOXLDIREXION SHARES ETF TRUSTDAILY SEMICONDUC0.07%$3M59.1K
40CMPXCOMPASS THERAPEUTICS INCCOM0.05%$2M423.6K
41DNTHDIANTHUS THERAPEUTICS INCCOM0.05%$2M26.6K
42CATCATERPILLAR INCCOM0.05%$2M3.1K
43ADBEADOBE INCCOM0.05%$2M8.9K
44WMTWALMART INCCOM0.05%$2M17.2K
45OXYOCCIDENTAL PETE CORPCOM0.05%$2M32.6K
46EPRXEUPRAXIA PHARMACEUTICALS INCCOM0.05%$2M276.0K
47SCHFSCHWAB STRATEGIC TRINTL EQTY ETF · US DIVIDEND EQ · EMRG MKTEQ ETF0.05%$2M72.1K
48BACBANK AMERICA CORPCOM0.04%$2M38.9K
49PAAPLAINS ALL AMERN PIPELINE LUNIT LTD PARTN0.04%$2M82.5K
50SOLENO THERAPEUTICS INCCOM0.04%$2M54.0K
51FDXFEDEX CORPCOM0.04%$2M5.0K
52JPMJPMORGAN CHASE & COCOM0.04%$2M5.7K
53EXMOCEXXON MOBIL CORPCOM0.04%$2M9.7K
54PYPLPAYPAL HLDGS INCCOM0.04%$2M34.7K
55SABSSAB BIOTHERAPEUTICS INCCOM NEW0.04%$2M400.0K
56NVSNOVARTIS AGSPONSORED ADR0.03%$1M9.7K
57BABOEING COCOM0.03%$1M7.0K
58APHAMPHENOL CORPCL A0.03%$1M10.6K
59MDYSTATE STR SPDR S&P MIDCAP 40UTSER1 S&PDCRP0.03%$1M2.1K
60AMDADVANCED MICRO DEVICES INCCOM0.03%$1M6.4K
61RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.03%$1M6.7K
62COPCONOCOPHILLIPSCOM0.03%$1M9.2K
63VVISA INCCOM CL A0.03%$1M3.9K
64PCVXVAXCYTE INCCOM0.03%$1M20.0K
65DELLDELL TECHNOLOGIES INCCL C0.03%$1M7.0K
66USOUNITED STS OIL FD LPUNITS0.03%$1M9.0K
67ULUNILEVER PLCSPON ADR NEW0.03%$1M19.9K
68SYYSYSCO CORPCOM0.03%$1M15.7K
69RIORIO TINTO PLCSPONSORED ADR0.03%$1M11.7K
70SVXYPROSHARES TR IISHT VIX ST TRM · ULTRA VIX SHORT0.03%$1M22.6K
71HSYHERSHEY COCOM0.02%$1M5.0K
72UPSUNITED PARCEL SVCS INCCL B0.02%$1M10.3K
73OKURONKURE THERAPEUTICS INCREVEALEDCOM CL A0.02%$997,587241.0K
74CRWDCROWDSTRIKE HLDGS INCCL A0.02%$888,1832.3K
75USCIUNITED STS COMMODITY INDEX FCOMM IDX FND0.02%$810,1948.5K
76DBX ETF TRXTRACK HRVST CSI0.02%$790,14924.2K
77AXPAMERICAN EXPRESS COCOM0.02%$785,2382.6K
78UWMCUWM HOLDINGS CORPORATIONCOM CL A0.02%$760,200210.0K
79BKLNINVESCO EXCH TRADED FD TR IISR LN ETF · INVESCO PHLX SM0.02%$757,91929.3K
80SKESKEENA RES LTD NEWCOM0.02%$743,00025.0K
81PPLTABRDN PLATINUM ETF TRUSTPHYSCL PLATM SHS0.02%$726,4654.1K
82CCITIGROUP INCCOM NEW0.02%$715,2776.3K
83SHOPSHOPIFY INCCL A SUB VTG SHS0.02%$711,7206.0K
84MSMORGAN STANLEYCOM NEW0.02%$703,7014.3K
85CGGRCAPITAL GROUP GROWTH ETFSHS CREATION UNI0.02%$703,64717.5K
86GSGOLDMAN SACHS GROUP INCCOM0.02%$703,018831
87BPBP PLCSPONSORED ADR0.02%$694,14314.8K
88BMNRBITMINE IMMERSION TECNOLOGIECOM NEW0.02%$642,11832.5K
89LQDALIQUIDIA CORPORATIONCOM NEW0.02%$641,58017.0K
90QXOQXO INCCOM NEW0.02%$638,91832.9K
91MSTRSTRATEGY INCCL A NEW0.01%$624,8745.0K
92SLVISHARES SILVER TRISHARES0.01%$613,4649.0K
93WFCWELLS FARGO & COCOM0.01%$600,8177.5K
94NEMNEWMONT CORPCOM0.01%$563,2255.2K
95PFEPFIZER INCCOM0.01%$540,25919.2K
96PLTRPALANTIR TECHNOLOGIES INCCL A0.01%$523,9753.6K
97MNSTMONSTER BEVERAGE CORP NEWCOM0.01%$518,5967.2K
98CARNIVAL PLCADS0.01%$512,12719.9K
99MOALTRIA GROUP INCCOM0.01%$504,8247.7K
100SPROTT ASSET MANAGEMENT LPPHYSICAL GOLD AN · PHYSICAL GOLD TR0.01%$503,45212.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026REVEALED$4.2B462May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.6B1,100Feb 17, 202613F-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 ↗.