SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Juniper Hill Capital Management LP

CIK 0001803460 · 1010 EL CAMINO REAL, SUITE 200, MENLO PARK, CA, 94025 · 650.530.0679

Reported Value
$419M
Q4 2025
Positions
4
Filings on Record
26
2020–present window
Filed
Feb 3, 2026
original filing

Summary

Juniper Hill Capital Management LP reported $419M in U.S.-listed holdings across 4 positions for Q4 2025.

The portfolio is heavily concentrated: SPY alone accounts for 48.6% of reported value.

The book was largely unchanged from Q3 2025.

Portfolio Metrics

Turnover
+0.4%
vs prior filed quarter
Largest Position
+48.6%
Spdr S P 500 Etf Tr

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 ’19: $107MQ4 ’19Q1 ’20: $108MQ2 ’20: $131MQ3 ’20: $318MQ4 ’20: $110MQ4 ’20Q1 ’21: $329MQ2 ’21: $298MQ3 ’21: $448MQ4 ’21: $281MQ4 ’21Q1 ’22: $347MQ2 ’22: $228MQ3 ’22: $193MQ4 ’22: $316MQ4 ’22Q1 ’23: $258MQ2 ’23: $300MQ3 ’23: $307MQ4 ’23: $362MQ4 ’23Q1 ’24: $375MQ2 ’24: $400MQ3 ’24: $436MQ4 ’24: $451MQ4 ’24Q1 ’25: $401MQ2 ’25: $410MQ3 ’25: $423MQ4 ’25: $419MQ4 ’25Q1 ’26: $0filingsflow.com

Portfolio Composition

By security type
ETP: 100.0%
  • ETP · 100.0% · $419M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETF TRHELD−14.6K298.6K−$5M$204M
QQQINVESCO QQQ TRHELD+0114.0K+$2M$70M
AGGISHARES TRHELD+0736.5K−$272,501$74M
IEFISHARES TRHELD+0744.2K−$223,260$72M

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

Holdings — Q4 2025

3 positions (from 4 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPYSPDR S&P 500 ETF TRhistory →TR UNIT48.62%$204M298.6K
2AGGISHARES TRCORE US AGGBD ET · 7-10 YR TRSY BD34.66%$145M1.48M
3QQQINVESCO QQQ TRhistory →UNIT SER 116.72%$70M114.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$419M4Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$423M4Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$410M4Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$401M4May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$451M6Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$436M6Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$400M5Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$375M4May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$362M4Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$307M4Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$300M4Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$258M5May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$316M5Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$193M4Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$228M5Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$347M8May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$281M4Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$448M8Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$298M8Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$329M6May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$110M3Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$318M4Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$131M5Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$108M2May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$107M2Feb 14, 202013F-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 ↗.