Managers / Q1 2026
Spider Management Company, LLC
CIK 0001791621 · 5800 PATTERSON AVE, SUITE 300, RICHMOND, VA, 23226 · 804-289-6010
Summary
Spider Management Company, LLC reported $351M in U.S.-listed holdings across 5 positions for Q1 2026.
The portfolio is heavily concentrated: State Str Spdr S P 500 Etf T alone accounts for 54.6% of reported value.
Compared with Q4 2025, the fund opened 3 new positions and exited 1.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 100.0% · $351M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GQ9SPDR GOLD TR | NEW | +133.9K | 133.9K | +$58M | $58M |
| ISHARES TR | NEW | +387.2K | 387.2K | +$18M | $18M |
| VANECK ETF TRUST | NEW | +45.1K | 45.1K | +$17M | $17M |
| FIGFIGMA INC | SOLD OUT | −9.1K | 0 | −$341,674 | $0 |
| STATE STR SPDR S&P 500 ETF T | ADDED | +61.6K | 294.3K | +$33M | $191M |
| INVESCO EXCHANGE TRADED FD T | HELD | +0 | 343.2K | +$123,547 | $66M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | STATE STR SPDR S&P 500 ETF T | TR UNIT | 54.59% | $191M | 294.3K |
| 2 | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 18.79% | $66M | 343.2K |
| 3 | GQ9SPDR GOLD TRhistory → | GOLD SHS | 16.44% | $58M | 133.9K |
| 4 | ISHARES TR | COPPER & METALS | 5.25% | $18M | 387.2K |
| 5 | VANECK ETF TRUST | SEMICONDUCTR ETF | 4.93% | $17M | 45.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $351M | 5 | May 1, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $225M | 3 | Jan 29, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $220M | 2 | Nov 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $264M | 2 | Aug 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $232M | 4 | Apr 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $241M | 4 | Jan 27, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $205M | 5 | Nov 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $227M | 4 | Jul 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $272M | 4 | Apr 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $155M | 3 | Feb 13, 2024 | 13F-HR | changes · 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 ↗.