SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Granger Management LLC

CIK 0001842881 · 510 MADISON AVENUE, SUITE 2700, NEW YORK, NY, 10022 · 9144716204

Reported Value
$575M
Q3 2021
Positions
32
Filings on Record
23
2019–present window
Filed
Nov 5, 2021
original filing

Summary

Granger Management LLC reported $575M in U.S.-listed holdings across 32 positions for Q3 2021.

The portfolio is heavily concentrated: Spdr S P 500 Etf Tr alone accounts for 30.8% of reported value.

Compared with Q2 2021, the fund opened 0 new positions and exited 2.

Portfolio Metrics

Turnover
+5.0%
vs prior filed quarter
Top-10 Concentration
+94.8%
share of reported value
Largest Position
+30.8%
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. 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 ’20: $794MQ4 ’20Q1 ’21: $648MQ2 ’21: $494MQ3 ’21: $575MQ3 ’21Q4 ’21: $609MQ1 ’22: $380MQ2 ’22: $296MQ2 ’22Q3 ’22: $324MQ4 ’22: $229MQ1 ’23: $227MQ1 ’23Q2 ’23: $243MQ3 ’23: $237MQ4 ’23: $274MQ4 ’23Q1 ’24: $501MQ2 ’24: $600MQ3 ’24: $508MQ3 ’24Q4 ’24: $440MQ1 ’25: $277MQ2 ’25: $268MQ2 ’25Q3 ’25: $343MQ4 ’25: $378MQ1 ’26: $358MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 77.6%Common Stock: 21.5%REIT: 0.9%
  • ETP · 77.6% · $446M
  • Common Stock · 21.5% · $124M
  • REIT · 0.9% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR S&P 500 ETF TRADDED+268.8K458.4K+$102M$184M
LINDE PLCSOLD OUT−1.4K0−$394,000$0
MCXMCCORMICK & CO INCSOLD OUT−2.3K0−$204,000$0
ISHARES TRADDED+1.7K3.6K+$248,000$532,000
GSGOLDMAN SACHS GROUP INCADDED+4611.6K+$185,000$608,000
SNOWSNOWFLAKE INCADDED+2881.7K+$170,000$515,000
INVESCO EXCH TRADED FD TR IIADDED+6.4K45.1K+$642,000$3M
XLESELECT SECTOR SPDR TRTRIMMED−4.2K32.8K−$186,000$2M

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

Holdings — Q3 2021

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ACWIISHARES TRMSCI ACWI ETF · RUS 1000 VAL ETF · S&P 500 VAL ETF · RUSSELL 2000 ETF37.90%$218M2.03M
2SPDR S&P 500 ETF TRTR UNIT30.84%$177M412.6K
3DKNG1USDDRAFTKINGS INChistory →COM CL A8.01%$46M934.1K
4PINSPINTEREST INChistory →CL A5.71%$33M656.3K
5AMZNAMAZON COM INChistory →COM4.92%$28M8.8K
6FIRST TR EXCHANGE TRADED FDWTR ETF4.81%$28M320.8K
7AAPLAPPLE INChistory →COM1.04%$6M42.2K
8SPGSIMON PPTY GROUP INC NEWCOM0.86%$5M37.5K
9XLFSELECT SECTOR SPDR TRFINANCIAL · ENERGY · TECHNOLOGY0.85%$5M100.2K
10NDQINVESCO QQQ TRUNIT SER 10.83%$5M13.4K
11MSFTMICROSOFT CORPCOM0.63%$4M12.4K
12SPDR SER TRS&P HOMEBUILD · S&P BK ETF0.59%$3M50.4K
13INVESCO EXCH TRADED FD TR IIKBW BK ETF0.55%$3M45.1K
14GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.36%$2M760
15DISDISNEY WALT COCOM0.17%$979,0005.6K
16NFLXNETFLIX INCCOM0.13%$733,0001.2K
17DYHTARGET CORPCOM0.12%$688,0003.0K
18VUGVANGUARD INDEX FDSGROWTH ETF0.11%$615,0002.1K
19GSGOLDMAN SACHS GROUP INCCOM0.11%$608,0001.6K
20OPLNKAR AUCTION SVCS INCCOM0.10%$557,00035.9K
21SNOWSNOWFLAKE INCCL A0.09%$515,0001.7K
22TSLATESLA INCCOM0.08%$453,000580
23MCDMCDONALDS CORPCOM0.05%$264,0001.1K
24AVGOBROADCOM INCCOM0.05%$260,000536

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$358M6May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$378M6Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$343M6Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$268M6Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$277M5May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$440M7Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$508M22Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$600M23Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$501M21May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$274M27Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$237M22Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$243M23Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$227M24May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$229M23Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$324M27Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$296M29Aug 1, 202213F-HRchanges · EDGAR ↗
Q1 2022$380M30Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$609M31Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$575M32Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$494M33Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$648M33Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$794M39Feb 8, 202113F-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 ↗.